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

APEX

all APEX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC−0.0055%/8h= −6.0% APRpaid last 24h +0.005%
Price spread now: ApeX Omni against BloFin−0.117%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 7 days+0.025%+$3 on $10k
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 −$2 a day on $10k at the current rate, and ApeX Omni is 0.117% cheaper against BloFin than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin APEX-USDT0.25730.0155pay 0.0077% / 4h3h 30m$93K$1K25x
ShortApeX Omni APEXUSDT0.25700.0100get 0.0013% / 1h30m 19s$137K$481K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against BloFin. 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
−$11.49
Price spread: −0.117% → 0.000%
−$11.66
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$45.15
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: BloFin: no order-book sample; ApeX Omni: live order book, 17 min ago. 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 BloFin no order-book sample
Sell ApeX Omni live order book, 17 min ago65.94 bp136.2 bp −$136doesn't fitdoesn't fitdoesn't fit
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%4h0.25730.000%$3.6M$1.3M25xas long as short
MEXC APEX_USDT+0.0100%4h0.25730.000%$633K$234K50xas long as short
BingX APEX-USDT+0.0100%4h0.2574+0.039%$1.3Mas long as short
Variational Omni APEX+0.0100%4h0.2577+0.154%$17K$4Kas long as short
ApeX Omni APEXUSDTshort+0.0100%1h0.2570−0.117%$137K$481K50x
BloFin APEX-USDTlong+0.0155%4h0.2573long leg$93K$1K25x
Lighter APEX+0.1560%1h0.2586+0.494%$54K$20K5xas long as short
Hyperliquid APEX+0.1779%1h0.2582+0.369%$2.9M$122K3xas long as short