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

APEX

all APEX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against BingX+0.039%7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$209as in the Funding arb table
Net, price: spread back to 7d avg − costs−$205as in the Price arb table
costs, in and out, $10k−$2092.090% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.126%−$13 · spread now +0.039%, 7d avg −0.002%
Together, before fees−0.126%−$13 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.041% dearer against BingX than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.002%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX APEX-USDT0.25570.0100pay 0.0050% / 4h1h 07m$1.3M
ShortMEXC APEX_USDT0.25580.0100get 0.0050% / 4h1h 07m$603K$253K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$0
Price spread: +0.039% → −0.002%
$4.1
Slippage, 4 orders
−$194.98
Fee BingX: 5 bp × 2 orders
−$10
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$204.88
Costs to cover
2.090%
Break-even
never at this rate
Slippage from BingX: live order book, 3 min ago; MEXC: live order book, 2 min ago.

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, 3 min ago27.36 bp70.8 bp −$71314.9 bp −$3,149830.5 bp −$83.0K1147.6 bp −$573.8K
Sell MEXC live order book, 2 min ago7.82 bp36.4 bp −$36119.8 bp −$1,198637.4 bp −$63.7Kdoesn't fit

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%4h0.2556−0.039%$3.6M$1.3M25xas long as short
MEXC APEX_USDTshort+0.0100%4h0.2558+0.039%$603K$253K50x
BingX APEX-USDTlong+0.0100%4h0.2557long leg$1.3M
Variational Omni APEX+0.0100%4h0.2558+0.026%$19K$6Kas long as short
ApeX Omni APEXUSDT+0.0100%1h0.2556−0.039%$136K$470K50xas long as short
BloFin APEX-USDT+0.0159%4h0.2560+0.117%$93K$2K25xas long as short
Lighter APEX+0.1504%1h0.2568+0.422%$54K$21K5xas long as short
Hyperliquid APEX+0.1865%1h0.2566+0.368%$2.9M$118K3xas long as short