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

APE

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0148%/8h= −16.2% APRpaid last 24h −0.021%
Price spread now: dYdX against BloFin−0.110%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and dYdX is 0.110% cheaper against BloFin than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin APE-USDT0.14830.0220pay 0.0220% / 8h2h 49m$217K$59K75x
ShortdYdX APE-USD0.14810.0072get 0.0009% / 1h49m 13s$9K$55x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against BloFin. 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
−$31.1
Price spread: −0.110% → 0.000%
−$10.96
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$64.06
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: BloFin: live order book, 23 min ago; dYdX: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 23 min ago3.38 bp12.7 bp −$1347.2 bp −$472336.5 bp −$33.6Kdoesn't fit
Sell dYdX no order-book sample
dYdX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%1h0.1481−0.154%$1K100xas long as short
Reya APERUSDPERP0.0000%1h0.1235−16.720%as long as short
Kraken Futures PF_APEUSD+0.0027%1h0.1481−0.166%$408K$649K20xas long as short
Injective APE/USDC PERP+0.0033%1h0.1378−7.080%$1K$12K5.5xas long as short
dYdX APE-USDshort+0.0072%1h0.1481−0.110%$9K$55x
Hyperliquid APE+0.0100%1h0.1483−0.013%$1.3M$385K5xas long as short
Aster APEUSDT+0.0100%8h0.1481−0.105%$123K$20K10xas long as short
Binance APEUSDT+0.0100%8h0.1481−0.107%$4.1M$7.0M50xas long as short
Bybit APEUSDT+0.0100%8h0.1481−0.135%$3.7M$3.1M50xas long as short
OKX APE-USDT-SWAP+0.0100%8h0.1480−0.182%$1.3M$1.5M20xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate APE_USDT+0.0100%8h0.1481−0.155%$635K$312K50xas long as short
MEXC APE_USDT+0.0100%8h0.1481−0.135%$4.3M$859K50xas long as short
KuCoin APEUSDTM+0.0100%8h0.1480−0.202%$1.8M$3.5M50xas long as short
Bitget APEUSDT+0.0100%8h0.1481−0.135%$2.1M$587K25xas long as short
BingX APE-USDT+0.0100%8h0.1481−0.135%$13.1Mas long as short
Variational Omni APE+0.0100%8h0.1482−0.085%$8K$12Kas long as short
Extended APE-USD+0.0104%1h0.1481−0.138%$5K$208K10xas long as short
BloFin APE-USDTlong+0.0220%8h0.1483long leg$217K$59K75x
Deribit APE_USDC-PERPETUAL+0.0425%1h0.1482−0.067%$9K$21K25xas long as short
Coinbase International APE-PERP-INTX+0.0936%1h0.1496+0.877%$101K$8K25xas long as short