data as of
Settings8H · net · $10k
Funding arb /

APEX

all APEX markets
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Funding spread now, next payment 16:00 UTC+0.1806%/8h
paid, last 24h+0.172%paid, last 7 days+0.525%to open and close $10k−$197
The current rate is far above what this pair has been paying: over the last 7 days it paid 0.525% in total (about 27.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit APEXUSDT0.25780.0100pay 0.0050% / 4h14m 03s$3.5M$1.1M25x
ShortHyperliquid APEX0.25900.1906get 0.0238% / 1h14m 03s$2.9M$123K3x

Funding history

latest
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Funding on every exchange

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Profit calculator

Funding earned
$379.34
Slippage, 4 orders
−$176.53
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$182.81
Break-even
3.6 days
Slippage from Bybit: live order book, 5 min ago; Hyperliquid: live order book, 9 min ago.

Price risk

price view
Price gap now
+0.477%
Avg gap 7d
+0.306%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 5 min ago9.70 bp61.7 bp −$62621.7 bp −$6,217doesn't fitdoesn't fit
Sell Hyperliquid live order book, 9 min ago5.23 bp41.7 bp −$42doesn't fitdoesn't fitdoesn't fit

APEX on 8 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Bybit APEXUSDTlong+0.0100%4h$3.5M$1.1M25x
MEXC APEX_USDT+0.0100%4h$604K$217K50xas long as short
BingX APEX-USDT+0.0100%4h$1.3Mas long as short
Variational Omni APEX+0.0100%4h$16K$3Kas long as short
ApeX Omni APEXUSDT+0.0100%1h$139K$487K50xas long as short
BloFin APEX-USDT+0.0158%4h$96K$1K25xas long as short
Lighter APEX+0.1688%1h$54K$18K5xas long as short
Hyperliquid APEXshort+0.1906%1h$2.9M$123K3x