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

APE

all APE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0088%/8h= −9.7% APRpaid last 24h −0.019%
Price spread now: dYdX against Variational Omni−0.240%7-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 fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.240% cheaper against Variational Omni than usual: you would sell low and buy high (−$24 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni APE0.14780.0100pay 0.0100% / 8h6h 43m$8K$12K
ShortdYdX APE-USD0.14740.0012get 0.0001% / 1h43m 55s$9K$55x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against Variational Omni. 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
−$18.54
Price spread: −0.240% → 0.000%
−$23.97
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$52.51
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Variational Omni: no order-book sample; dYdX: 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 Variational Omni no order-book sample
Sell dYdX no order-book sample
Variational Omni and dYdX: 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
Kraken Futures PF_APEUSD−0.0224%1h0.1477−0.050%$410K$604K20xas long as short
GMX APE/USD [APE-USDC]L −0.0178% / S +0.0185%1h0.1475−0.212%$1K100xas long as short
Reya APERUSDPERP0.0000%1h0.1235−16.427%as long as short
Deribit APE_USDC-PERPETUAL0.0000%1h0.1476−0.120%$11K$18K25xas long as short
dYdX APE-USDshort+0.0012%1h0.1474−0.240%$9K$55x
Injective APE/USDC PERP+0.0033%1h0.1378−6.751%$1K$12K5.5xas long as short
BloFin APE-USDT+0.0076%8h0.1477−0.052%$220K$54K75xas long as short
Hyperliquid APE+0.0100%1h0.1478+0.043%$1.3M$387K5xas long as short
Aster APEUSDT+0.0100%8h0.1477−0.067%$123K$22K10xas long as short
Binance APEUSDT+0.0100%8h0.1477−0.052%$4.1M$6.6M50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit APEUSDT+0.0100%8h0.1477−0.086%$3.7M$3.0M50xas long as short
OKX APE-USDT-SWAP+0.0100%8h0.1477−0.018%$1.3M$1.4M20xas long as short
Gate APE_USDT+0.0100%8h0.1476−0.113%$634K$307K50xas long as short
MEXC APE_USDT+0.0100%8h0.1476−0.120%$4.3M$881K50xas long as short
KuCoin APEUSDTM+0.0100%8h0.1475−0.188%$1.8M$2.5M50xas long as short
Bitget APEUSDT+0.0100%8h0.1477−0.052%$2.1M$576K25xas long as short
BingX APE-USDT+0.0100%8h0.1477−0.052%$13.1Mas long as short
Variational Omni APElong+0.0100%8h0.1478long leg$8K$12K
Extended APE-USD+0.0104%1h0.1477−0.074%$4K$204K10xas long as short
Coinbase International APE-PERP-INTX+0.0904%1h0.1479+0.083%$99K$7K25xas long as short