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

APE

all APE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Bitget−0.068%7-day average −0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$107as in the Funding arb table
Net, price: spread back to 7d avg − costs−$104as in the Price arb table
costs, in and out, $10k−$1000.997% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.071%−$7 on $10k
Price spread, last 7 days+0.027%+$3 · spread now −0.068%, 7d avg −0.029%
Together, before fees−0.044%−$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: OKX is 0.039% cheaper against Bitget than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.029%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget APEUSDT0.14700.0100pay 0.0100% / 8h7h 45m$2.1M$608K25x
ShortOKX APE-USDT-SWAP0.14690.0100get 0.0100% / 8h7h 45m$1.3M$1.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: −0.068% → −0.029%
−$3.94
Slippage, 4 orders
−$77.68
Fee Bitget: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$103.62
Costs to cover
0.997%
Break-even
never at this rate
Slippage from Bitget: live order book, 1 min ago; OKX: live order book, 1 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 ago6.81 bp20.4 bp −$20114.2 bp −$1,142doesn't fitdoesn't fit
Sell OKX live order book, 1 min ago4.76 bp30.1 bp −$30doesn't fitdoesn'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%1h0.1469−0.048%$1K100xas long as short
dYdX APE-USD0.0000%1h0.1469−0.087%$9K5xas long as short
Reya APERUSDPERP0.0000%1h0.1235−15.985%as long as short
Injective APE/USDC PERP+0.0033%1h0.1378−6.259%$1K$12K5.5xas long as short
BloFin APE-USDT+0.0098%8h0.1465−0.340%$217K$59K75xas long as short
Hyperliquid APE+0.0100%1h0.1470+0.034%$1.3M$375K5xas long as short
Aster APEUSDT+0.0100%8h0.1469−0.070%$122K$20K10xas long as short
Binance APEUSDT+0.0100%8h0.1469−0.068%$4.1M$7.3M50xas long as short
Bybit APEUSDT+0.0100%8h0.1469−0.088%$3.6M$2.9M50xas long as short
OKX APE-USDT-SWAPshort+0.0100%8h0.1469−0.068%$1.3M$1.5M20x
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate APE_USDT+0.0100%8h0.1469−0.061%$636K$306K50xas long as short
MEXC APE_USDT+0.0100%8h0.1469−0.068%$4.2M$760K50xas long as short
KuCoin APEUSDTM+0.0100%8h0.1468−0.136%$1.8M$4.1M50xas long as short
Bitget APEUSDTlong+0.0100%8h0.1470long leg$2.1M$608K25x
BingX APE-USDT+0.0100%8h0.1469−0.068%$13.0Mas long as short
Variational Omni APE+0.0100%8h0.1468−0.108%$5K$14Kas long as short
Extended APE-USD+0.0104%1h0.1468−0.121%$6K$208K10xas long as short
Kraken Futures PF_APEUSD+0.0355%1h0.1470+0.032%$402K$695K20xas long as short
Deribit APE_USDC-PERPETUAL+0.0431%1h0.14700.000%$5K$24K25xas long as short
Coinbase International APE-PERP-INTX+0.1104%1h0.1471+0.068%$99K$8K25xas long as short