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

APE

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Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h +0.009%
Price spread now: Deribit against Bybit−0.014%45s7-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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$3 a day on $10k at the current rate. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit APEUSDT0.14700.0100pay 0.0100% / 8h7h 35m$3.7M$2.7M50x
ShortDeribit APE_USDC-PERPETUAL0.14700get 0.0000% / 1h35m 31s$11K$18K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
−$21
Price spread: −0.014% → 0.000%
−$1.36
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$40.36
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Bybit: live order book, 2 min ago; Deribit: 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 Bybit live order book, 2 min ago2.38 bp22.4 bp −$2250.6 bp −$506doesn't fitdoesn't fit
Sell Deribit no order-book sample
Deribit: 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
Kraken Futures PF_APEUSD−0.0211%1h0.1471+0.041%$410K$599K20xas long as short
GMX APE/USD [APE-USDC]L −0.0178% / S +0.0185%1h0.1470−0.024%$1K100xas long as short
dYdX APE-USD0.0000%1h0.1469−0.062%$9K$55xas long as short
Reya APERUSDPERP0.0000%1h0.1235−16.000%as long as short
Deribit APE_USDC-PERPETUALshort0.0000%1h0.1470−0.014%$11K$18K25x
Injective APE/USDC PERP+0.0033%1h0.1378−6.271%$1K$12K5.5xas long as short
Hyperliquid APE+0.0100%1h0.1471+0.082%$1.3M$367K5xas long as short
Aster APEUSDT+0.0100%8h0.1469−0.077%$122K$22K10xas long as short
Binance APEUSDT+0.0100%8h0.1470+0.008%$4.1M$6.3M50xas long as short
Bybit APEUSDTlong+0.0100%8h0.1470long leg$3.7M$2.7M50x
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX APE-USDT-SWAP+0.0100%8h0.1470+0.007%$1.3M$1.4M20xas long as short
Gate APE_USDT+0.0100%8h0.1469−0.075%$627K$299K50xas long as short
MEXC APE_USDT+0.0100%8h0.1469−0.082%$4.3M$948K50xas long as short
KuCoin APEUSDTM+0.0100%8h0.1469−0.082%$1.8M$2.3M50xas long as short
Bitget APEUSDT+0.0100%8h0.1471+0.054%$2.1M$549K25xas long as short
BingX APE-USDT+0.0100%8h0.1469−0.082%$13.0Mas long as short
Variational Omni APE+0.0100%8h0.1470−0.019%$7K$12Kas long as short
Extended APE-USD+0.0104%1h0.1470−0.038%$5K$240K10xas long as short
BloFin APE-USDT+0.0104%8h0.1467−0.218%$221K$49K75xas long as short
Coinbase International APE-PERP-INTX+0.0840%1h0.1475+0.326%$99K$7K25xas long as short