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

APEX

all APEX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.09 per $10,000 · paid last 24h +0.004%
Price spread now: BloFin against BingX+0.428%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 days−0.010%−$1 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.428% dearer against BingX than usual: you sell high and buy low: +$43 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX APEX-USDT0.25720.0100pay 0.0050% / 4h3h 30m$1.3M
ShortBloFin APEX-USDT0.25830.0118get 0.0059% / 4h3h 30m$94K$3K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against BingX. 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
$3.88
Price spread: +0.428% → 0.000%
$42.77
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
$24.65
Costs to cover
0.220%
Break-even
from the start
Slippage unknown: BingX: live order book, 15 min ago; BloFin: 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 BingX live order book, 15 min ago26.48 bp77.5 bp −$77213.3 bp −$2,133616.8 bp −$61.7K1023.3 bp −$511.6K
Sell BloFin no order-book sample
BloFin: 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.

APEX on 8 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
Bybit APEXUSDT+0.0100%4h0.2571−0.039%$3.6M$1.4M25xas long as short
MEXC APEX_USDT+0.0100%4h0.2574+0.078%$637K$276K50xas long as short
BingX APEX-USDTlong+0.0100%4h0.2572long leg$1.3M
Variational Omni APEX+0.0100%4h0.2588+0.605%$19K$5Kas long as short
ApeX Omni APEXUSDT+0.0100%1h0.2638+2.566%$136K$323K50xas long as short
BloFin APEX-USDTshort+0.0118%4h0.2583+0.428%$94K$3K25x
Lighter APEX+0.1016%1h0.2582+0.385%$57K$25K5xas long as short
Hyperliquid APEX+0.1037%1h0.2578+0.231%$2.9M$117K3xas long as short