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

APE

all APE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h
Price spread now: Variational Omni against Reya+19.203%7-day average · you sell dearer than you buy
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 7 daysno history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · Variational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Variational Omni is 19.203% dearer against Reya than usual: you sell high and buy low: +$1,920 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya APERUSDPERP0.12350get 0.0000% / 1h16m 08s
ShortVariational Omni APE0.14720.0100get 0.0100% / 8h4h 16m$8K$12K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Reya. 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
$21
Price spread: +19.203% → 0.000%
$1,920.27
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$1,935.27
Costs to cover
0.060%
Break-even
from the start
Slippage unknown: Reya: no order-book sample; Variational Omni: 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 Reya no order-book sample
Sell Variational Omni no order-book sample
Reya and Variational Omni: 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]L −0.0178% / S +0.0185%1h0.1473+19.253%$1K100xas long as short
Reya APERUSDPERPlong0.0000%1h0.1235long leg
Deribit APE_USDC-PERPETUAL0.0000%1h0.1472+19.187%$11K$18K25xas long as short
dYdX APE-USD+0.0010%1h0.1473+19.257%$9K$55xas long as short
Kraken Futures PF_APEUSD+0.0011%1h0.1475+19.456%$408K$615K20xas long as short
Injective APE/USDC PERP+0.0033%1h0.1378+11.576%$1K$12K5.5xas long as short
Hyperliquid APE+0.0100%1h0.1473+19.244%$1.3M$367K5xas long as short
Aster APEUSDT+0.0100%8h0.1473+19.273%$123K$22K10xas long as short
Binance APEUSDT+0.0100%8h0.1472+19.200%$4.1M$6.6M50xas long as short
Bybit APEUSDT+0.0100%8h0.1472+19.220%$3.6M$3.0M50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX APE-USDT-SWAP+0.0100%8h0.1472+19.195%$1.3M$1.4M20xas long as short
Gate APE_USDT+0.0100%8h0.1472+19.187%$635K$307K50xas long as short
MEXC APE_USDT+0.0100%8h0.1472+19.187%$4.4M$867K50xas long as short
KuCoin APEUSDTM+0.0100%8h0.1471+19.106%$1.8M$3.1M50xas long as short
Bitget APEUSDT+0.0100%8h0.1472+19.187%$2.1M$560K25xas long as short
BingX APE-USDT+0.0100%8h0.1473+19.268%$13.1Mas long as short
Variational Omni APEshort+0.0100%8h0.1472+19.203%$8K$12K
Extended APE-USD+0.0104%1h0.1472+19.162%$8K$208K10xas long as short
BloFin APE-USDT+0.0108%8h0.1470+19.025%$217K$58K75xas long as short
Coinbase International APE-PERP-INTX+0.0856%1h0.1480+19.835%$100K$8K25xas long as short