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

APE

all APE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.005%
Price spread now: KuCoin against Bitget0.000%7-day average −0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$165as in the Funding arb table
Net, price: spread back to 7d avg − costs−$161as in the Price arb table
costs, in and out, $10k−$1641.636% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.011%−$1 on $10k
Price spread, last 7 days−0.026%−$3 · spread now 0.000%, 7d avg −0.023%
Together, before fees−0.037%−$4 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: KuCoin is 0.023% dearer against Bitget than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.023%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget APEUSDT0.14800.0100pay 0.0100% / 8h3h 25m$2.1M$578K25x
ShortKuCoin APEUSDTM0.14800.0100get 0.0100% / 8h3h 25m$1.8M$3.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
Price spread: 0.000% → −0.023%
$2.29
Slippage, 4 orders
−$139.62
Fee Bitget: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$161.33
Costs to cover
1.636%
Break-even
never at this rate
Slippage from Bitget: live order book, 2 min ago; KuCoin: 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 Bitget live order book, 2 min ago6.75 bp29.4 bp −$29196.4 bp −$1,964doesn't fitdoesn't fit
Sell KuCoin live order book, 2 min ago6.76 bp58.8 bp −$59170.3 bp −$1,703doesn'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%1h0.1479−0.074%$1K100xas long as short
Reya APERUSDPERP0.0000%1h0.1235−16.552%as long as short
Injective APE/USDC PERP+0.0033%1h0.1378−6.892%$1K$12K5.5xas long as short
Hyperliquid APE+0.0100%1h0.1482+0.155%$1.3M$376K5xas long as short
Aster APEUSDT+0.0100%8h0.1480−0.002%$124K$22K10xas long as short
Binance APEUSDT+0.0100%8h0.14800.000%$4.1M$6.9M50xas long as short
Bybit APEUSDT+0.0100%8h0.1480+0.034%$3.7M$3.1M50xas long as short
OKX APE-USDT-SWAP+0.0100%8h0.1480+0.014%$1.3M$1.5M20xas long as short
Gate APE_USDT+0.0100%8h0.1479−0.047%$635K$313K50xas long as short
MEXC APE_USDT+0.0100%8h0.1479−0.068%$4.5M$871K50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin APEUSDTMshort+0.0100%8h0.14800.000%$1.8M$3.3M50x
Bitget APEUSDTlong+0.0100%8h0.1480long leg$2.1M$578K25x
BingX APE-USDT+0.0100%8h0.14800.000%$13.1Mas long as short
Variational Omni APE+0.0100%8h0.1479−0.035%$8K$12Kas long as short
Extended APE-USD+0.0104%1h0.1480−0.026%$7K$209K10xas long as short
dYdX APE-USD+0.0105%1h0.1479−0.046%$9K$55xas long as short
BloFin APE-USDT+0.0220%8h0.1486+0.405%$218K$58K75xas long as short
Deribit APE_USDC-PERPETUAL+0.0426%1h0.14800.000%$9K$21K25xas long as short
Coinbase International APE-PERP-INTX+0.0880%1h0.1496+1.081%$101K$8K25xas long as short
Kraken Futures PF_APEUSD+0.0980%1h0.1481+0.087%$406K$646K20xas long as short