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

APE

all APE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against Bitget−0.059%7-day average −0.061% · you buy dearer than you sell
Net, funding: paid 7d − costs−$112as in the Funding arb table
Net, price: spread back to 7d avg − costs−$103as in the Price arb table
costs, in and out, $10k−$1041.035% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.089%−$9 on $10k
Price spread, last 4 days (all we have)−0.009%−$1 · spread now −0.059%, 7d avg −0.061%
Together, before fees−0.099%+ Points / potential airdropExtended: Active · farm board−$10 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget APEUSDT0.14620.0100pay 0.0100% / 8h4h 46m$2.1M$545K25x
ShortExtended APE-USD0.14610.0104get 0.0013% / 1h46m 35s$4K$206K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Bitget. 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
$0.84
Price spread: −0.059% → −0.061%
$0.19
Slippage, 4 orders
−$86.54
Fee Bitget: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$102.51
Costs to cover
1.035%
Break-even
861.2 days
Slippage from Bitget: live order book, 1 min ago; Extended: live order book, 10 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 Bitget live order book, 1 min ago3.42 bp21.9 bp −$22136.5 bp −$1,365doesn't fitdoesn't fit
Sell Extended live order book, 10 min ago6.13 bp30.5 bp −$31208.9 bp −$2,089doesn'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%1h0.1462−0.011%$1K100xas long as short
Reya APERUSDPERP0.0000%1h0.1235−15.526%as long as short
Deribit APE_USDC-PERPETUAL0.0000%1h0.1461−0.068%$11K$18K25xas long as short
Kraken Futures PF_APEUSD+0.0011%1h0.1463+0.058%$403K$613K20xas long as short
dYdX APE-USD+0.0017%1h0.1461−0.071%$9K$55xas long as short
Injective APE/USDC PERP+0.0033%1h0.1378−5.746%$1K$12K5.5xas long as short
BloFin APE-USDT+0.0082%8h0.1460−0.137%$219K$57K75xas long as short
Hyperliquid APE+0.0100%1h0.1465+0.192%$1.3M$362K5xas long as short
Aster APEUSDT+0.0100%8h0.1462−0.033%$121K$21K10xas long as short
Binance APEUSDT+0.0100%8h0.1462−0.013%$4.1M$6.6M50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit APEUSDT+0.0100%8h0.1461−0.048%$3.6M$3.0M50xas long as short
OKX APE-USDT-SWAP+0.0100%8h0.1463+0.075%$1.3M$1.4M20xas long as short
Gate APE_USDT+0.0100%8h0.14620.000%$629K$303K50xas long as short
MEXC APE_USDT+0.0100%8h0.1461−0.068%$4.4M$866K50xas long as short
KuCoin APEUSDTM+0.0100%8h0.1461−0.068%$1.8M$2.9M50xas long as short
Bitget APEUSDTlong+0.0100%8h0.1462long leg$2.1M$545K25x
BingX APE-USDT+0.0100%8h0.14620.000%$13.1Mas long as short
Variational Omni APE+0.0100%8h0.1464+0.147%$7K$12Kas long as short
Extended APE-USDshort+0.0104%1h0.1461−0.059%$4K$206K10x
Coinbase International APE-PERP-INTX+0.0856%1h0.1483+1.436%$100K$7K25xas long as short