Settings8H · net · $10k
Funding arb · Price arb /

APE

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Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0285%/8h= −31.2% APRpaid last 24h −0.080%
Price spread now: GMX against OKX−0.061%62s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and GMX is 0.061% cheaper against OKX than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 62 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX APE-USDT-SWAP0.14740.0100pay 0.0100% / 8h3h 46m$1.3M$1.4M20x
ShortGMX APE/USD [APE-USDC]0.1474L −0.0178% / S +0.0185%pay 0.0023% / 1h46m 23s$1K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against OKX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$59.82
Price spread: −0.061% → 0.000%
−$6.1
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee GMX: 6 bp × 2 orders
−$12
Net
−$87.92
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: OKX: live order book, 5 min ago; GMX: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 5 min ago1.69 bp27.4 bp −$27doesn't fitdoesn't fitdoesn't fit
Sell GMX no order-book sample
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

APE on 20 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX APE/USD [APE-USDC]shortL −0.0178% / S +0.0185%1h0.1474−0.061%$1K100x
Reya APERUSDPERP0.0000%1h0.1235−16.240%as long as short
Injective APE/USDC PERP+0.0033%1h0.1378−6.545%$1K$12K5.5xas long as short
BloFin APE-USDT+0.0093%8h0.1474−0.034%$216K$57K75xas long as short
Hyperliquid APE+0.0100%1h0.1476+0.095%$1.3M$368K5xas long as short
Aster APEUSDT+0.0100%8h0.1474−0.055%$123K$22K10xas long as short
Binance APEUSDT+0.0100%8h0.1474−0.009%$4.1M$6.7M50xas long as short
Bybit APEUSDT+0.0100%8h0.1474−0.068%$3.6M$3.0M50xas long as short
OKX APE-USDT-SWAPlong+0.0100%8h0.1474long leg$1.3M$1.4M20x
Gate APE_USDT+0.0100%8h0.1474−0.034%$636K$307K50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC APE_USDT+0.0100%8h0.1474−0.034%$4.4M$864K50xas long as short
KuCoin APEUSDTM+0.0100%8h0.1474−0.034%$1.8M$3.2M50xas long as short
Bitget APEUSDT+0.0100%8h0.1475+0.034%$2.1M$554K25xas long as short
BingX APE-USDT+0.0100%8h0.1474−0.034%$13.1Mas long as short
Variational Omni APE+0.0100%8h0.1480+0.355%$8K$12Kas long as short
Extended APE-USD+0.0104%1h0.1474−0.063%$4K$206K10xas long as short
dYdX APE-USD+0.0126%1h0.1473−0.068%$9K$55xas long as short
Deribit APE_USDC-PERPETUAL+0.0429%1h0.1473−0.102%$9K$21K25xas long as short
Coinbase International APE-PERP-INTX+0.0880%1h0.1484+0.644%$100K$8K25xas long as short
Kraken Futures PF_APEUSD+0.0985%1h0.1473−0.124%$402K$618K20xas long as short