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

APE

all APE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0924%/8h= +101.2% APRpaid last 24h +0.198%
Price spread now: Coinbase International against Bybit+0.433%7-day average +0.413% · you sell dearer than you buy
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 7 days+0.717%+$72 on $10k
Price spread, last 4 days (all we have)−0.041%−$4 · spread now +0.433%, 7d avg +0.413%
Together, before fees+0.676%+$68 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.413%, so right now this pair is about funding alone: +$28 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit APEUSDT0.14800.0100pay 0.0100% / 8h1h 05m$3.7M$3.0M50x
ShortCoinbase International APE-PERP-INTX0.14860.1024get 0.0128% / 1h5m 11s$100K$8K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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

Funding earned
$194.04
Price spread: +0.433% → +0.413%
$1.96
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$175
Costs to cover
0.210%
Break-even
0.7 days
Slippage unknown: Bybit: live order book, 2 min ago; Coinbase International: live order book, 18 min ago. 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 Bybit live order book, 2 min ago3.38 bp26.1 bp −$2654.1 bp −$541doesn't fitdoesn't fit
Sell Coinbase International live order book, 18 min ago16.90 bp35.3 bp −$35doesn'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%1h0.1479−0.016%$1K100xas long as short
Reya APERUSDPERP0.0000%1h0.1235−16.528%as long as short
Injective APE/USDC PERP+0.0033%1h0.1378−6.867%$1K$12K5.5xas long as short
BloFin APE-USDT+0.0086%8h0.1482+0.162%$217K$60K75xas long as short
Hyperliquid APE+0.0100%1h0.1482+0.169%$1.3M$388K5xas long as short
Aster APEUSDT+0.0100%8h0.1479−0.010%$123K$20K10xas long as short
Binance APEUSDT+0.0100%8h0.1480+0.027%$4.1M$7.2M50xas long as short
Bybit APEUSDTlong+0.0100%8h0.1480long leg$3.7M$3.0M50x
OKX APE-USDT-SWAP+0.0100%8h0.1481+0.081%$1.3M$1.5M20xas long as short
Gate APE_USDT+0.0100%8h0.1480+0.027%$640K$317K50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC APE_USDT+0.0100%8h0.1479−0.041%$4.2M$876K50xas long as short
KuCoin APEUSDTM+0.0100%8h0.1480+0.027%$1.8M$3.8M50xas long as short
Bitget APEUSDT+0.0100%8h0.1479−0.041%$2.1M$599K25xas long as short
BingX APE-USDT+0.0100%8h0.1479−0.041%$13.0Mas long as short
Variational Omni APE+0.0100%8h0.1481+0.077%$5K$14Kas long as short
Extended APE-USD+0.0104%1h0.1480−0.002%$6K$207K10xas long as short
Kraken Futures PF_APEUSD+0.0183%1h0.1481+0.096%$404K$670K20xas long as short
dYdX APE-USD+0.0243%1h0.1481+0.062%$9K5xas long as short
Deribit APE_USDC-PERPETUAL+0.0426%1h0.1480+0.027%$5K$24K25xas long as short
Coinbase International APE-PERP-INTXshort+0.1024%1h0.1486+0.433%$100K$8K25x