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

APE

all APE 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: Bitget against Binance+0.068%7-day average +0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$85as in the Price arb table
costs, in and out, $10k−$890.892% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.091%+$9 on $10k
Price spread, last 7 days+0.163%+$16 · spread now +0.068%, 7d avg +0.028%
Together, before fees+0.253%+$25 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: Bitget is 0.040% dearer against Binance than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.028%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance APEUSDT0.14650.0100pay 0.0100% / 8h2h 26m$4.1M$6.1M50x
ShortBitget APEUSDT0.14660.0100get 0.0100% / 8h2h 26m$2.1M$538K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Binance. 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: +0.068% → +0.028%
$3.99
Slippage, 4 orders
−$67.16
Fee Binance: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$85.17
Costs to cover
0.892%
Break-even
never at this rate
Slippage from Binance: live order book, 12 min ago; Bitget: live order book, 5 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 Binance live order book, 12 min ago3.43 bp18.0 bp −$1876.8 bp −$768doesn't fitdoesn't fit
Sell Bitget live order book, 5 min ago6.84 bp32.5 bp −$32155.1 bp −$1,551doesn't fitdoesn't fit

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
GMX APE/USD [APE-USDC]L −0.0178% / S +0.0185%1h0.1463−0.153%$1K100xas long as short
Reya APERUSDPERP0.0000%1h0.1235−15.700%as long as short
dYdX APE-USD+0.0015%1h0.1459−0.377%$9K$55xas long as short
Injective APE/USDC PERP+0.0033%1h0.1378−5.939%$1K$12K5.5xas long as short
BloFin APE-USDT+0.0075%8h0.1464−0.068%$222K$47K75xas long as short
Hyperliquid APE+0.0100%1h0.1466+0.075%$1.3M$370K5xas long as short
Aster APEUSDT+0.0100%8h0.1463−0.106%$122K$22K10xas long as short
Binance APEUSDTlong+0.0100%8h0.1465long leg$4.1M$6.1M50x
Bybit APEUSDT+0.0100%8h0.1465−0.014%$3.7M$2.5M50xas long as short
OKX APE-USDT-SWAP+0.0100%8h0.1465+0.020%$1.3M$1.3M20xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate APE_USDT+0.0100%8h0.1464−0.089%$630K$291K50xas long as short
MEXC APE_USDT+0.0100%8h0.1464−0.068%$3.8M$864K50xas long as short
KuCoin APEUSDTM+0.0100%8h0.1463−0.137%$1.8M$1.8M50xas long as short
Bitget APEUSDTshort+0.0100%8h0.1466+0.068%$2.1M$538K25x
BingX APE-USDT+0.0100%8h0.1464−0.068%$13.4Mas long as short
Variational Omni APE+0.0100%8h0.1461−0.295%$7K$12Kas long as short
Extended APE-USD+0.0104%1h0.1464−0.050%$4K$220K10xas long as short
Kraken Futures PF_APEUSD+0.0155%1h0.1463−0.119%$411K$571K20xas long as short
Deribit APE_USDC-PERPETUAL+0.0434%1h0.1464−0.068%$11K$18K25xas long as short
Coinbase International APE-PERP-INTX+0.0648%1h0.1466+0.068%$99K$7K25xas long as short