APE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.18 per $10,000 · paid last 24h +0.004%

Price spread now: BloFin against Bybit+0.041%7-day average +0.018% · you sell dearer than you buy

Net, funding: paid 7d − costs−$92as in the Funding arb table

Net, price: spread back to 7d avg − costs−$85as in the Price arb table

costs, in and out, $10k−$870.869% of the position

Long on Bybit Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.048%−$5 on $10k

Price spread, last 3 days (all we have)−0.135%−$14 · spread now +0.041%, 7d avg +0.018%

Together, before fees−0.183%−$18 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.023% dearer against Bybit than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.018%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit APEUSDT	0.1469	0.0100	pay 0.0100% / 8h	7h 30m	$3.6M	$2.7M	50x
Short	BloFin APE-USDT	0.1470	0.0118	get 0.0118% / 8h	7h 30m	$221K	$49K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Bybit. 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

Position, each leg$Hold fordaysFee BybitbpFee BloFinbpOrdersPrice spread, now +0.041%Rate

Funding earned: $3.85
Price spread: +0.041% → +0.018%: $2.31
Slippage, 4 orders: −$63.89
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$80.74
Costs to cover: 0.869%
Break-even: 154.0 days

Slippage from Bybit: live order book, 2 min ago; BloFin: live order book, 35 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bybit live order book, 2 min ago	2.38 bp	24.3 bp −$24	49.7 bp −$497	doesn't fit	doesn't fit
Sell BloFin live order book, 35 min ago	10.28 bp	23.6 bp −$24	51.4 bp −$514	316.2 bp −$31.6K	doesn't fit

APE on 20 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_APEUSD	−0.0211%	1h	0.1470	+0.066%	$409K	$599K	20x	as long as short
GMX APE/USD [APE-USDC]	L −0.0178% / S +0.0185%	1h	0.1470	+0.017%	$1K	—	100x	as long as short
Reya APERUSDPERP	0.0000%	1h	0.1235	−15.954%	—	—	—	as long as short
Deribit APE_USDC-PERPETUAL	0.0000%	1h	0.1470	+0.041%	$11K	$18K	25x	as long as short
Injective APE/USDC PERP	+0.0033%	1h	0.1378	−6.220%	$1K	$12K	5.5x	as long as short
dYdX APE-USD	+0.0037%	1h	0.1469	−0.008%	$9K	$5	5x	as long as short
Hyperliquid APE	+0.0100%	1h	0.1471	+0.129%	$1.3M	$368K	5x	as long as short
Aster APEUSDT	+0.0100%	8h	0.1469	−0.023%	$122K	$22K	10x	as long as short
Binance APEUSDT	+0.0100%	8h	0.1469	−0.011%	$4.1M	$6.3M	50x	as long as short
Bybit APEUSDTlong	+0.0100%	8h	0.1469	long leg	$3.6M	$2.7M	50x

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX APE-USDT-SWAP	+0.0100%	8h	0.1470	+0.041%	$1.3M	$1.4M	20x	as long as short
Gate APE_USDT	+0.0100%	8h	0.1470	+0.048%	$627K	$299K	50x	as long as short
MEXC APE_USDT	+0.0100%	8h	0.1469	−0.027%	$4.3M	$949K	50x	as long as short
KuCoin APEUSDTM	+0.0100%	8h	0.1470	+0.041%	$1.8M	$2.3M	50x	as long as short
Bitget APEUSDT	+0.0100%	8h	0.1470	+0.041%	$2.1M	$548K	25x	as long as short
BingX APE-USDT	+0.0100%	8h	0.1469	−0.027%	—	$13.0M	—	as long as short
Variational Omni APE	+0.0100%	8h	0.1470	+0.008%	$7K	$12K	—	as long as short
Extended APE-USD	+0.0104%	1h	0.1470	+0.012%	$5K	$220K	10x	as long as short
BloFin APE-USDTshort	+0.0118%	8h	0.1470	+0.041%	$221K	$49K	75x
Coinbase International APE-PERP-INTX	+0.0840%	1h	0.1475	+0.381%	$99K	$7K	25x	as long as short