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

APE

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0090%/8h= −9.9% APRpaid last 24h −0.018%
Price spread now: dYdX against Bybit−0.050%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 5 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 −$3 a day on $10k at the current rate, and dYdX is 0.050% cheaper against Bybit than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit APEUSDT0.14710.0100pay 0.0100% / 8h4h 18m$3.6M$3.0M50x
ShortdYdX APE-USD0.14700.0010get 0.0001% / 1h18m 15s$9K$55x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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
−$18.89
Price spread: −0.050% → 0.000%
−$4.96
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$44.85
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: Bybit: live order book, 4 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 Bybit live order book, 4 min ago3.40 bp24.6 bp −$2548.9 bp −$489doesn't fitdoesn'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%1h0.1470−0.053%$1K100xas long as short
Reya APERUSDPERP0.0000%1h0.1235−16.037%as long as short
dYdX APE-USDshort+0.0010%1h0.1470−0.050%$9K$55x
Kraken Futures PF_APEUSD+0.0011%1h0.1474+0.208%$408K$615K20xas long as short
Injective APE/USDC PERP+0.0033%1h0.1378−6.316%$1K$12K5.5xas long as short
BloFin APE-USDT+0.0082%8h0.1470−0.061%$217K$58K75xas long as short
Hyperliquid APE+0.0100%1h0.1472+0.068%$1.3M$367K5xas long as short
Aster APEUSDT+0.0100%8h0.1470−0.041%$123K$22K10xas long as short
Binance APEUSDT+0.0100%8h0.1471−0.026%$4.1M$6.6M50xas long as short
Bybit APEUSDTlong+0.0100%8h0.1471long leg$3.6M$3.0M50x
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX APE-USDT-SWAP+0.0100%8h0.1472+0.048%$1.3M$1.4M20xas long as short
Gate APE_USDT+0.0100%8h0.1471+0.007%$635K$306K50xas long as short
MEXC APE_USDT+0.0100%8h0.1471+0.007%$4.4M$867K50xas long as short
KuCoin APEUSDTM+0.0100%8h0.1470−0.061%$1.8M$3.1M50xas long as short
Bitget APEUSDT+0.0100%8h0.1471+0.007%$2.1M$560K25xas long as short
BingX APE-USDT+0.0100%8h0.1471+0.007%$13.1Mas long as short
Variational Omni APE+0.0100%8h0.1471+0.022%$7K$12Kas long as short
Extended APE-USD+0.0104%1h0.1470−0.063%$8K$208K10xas long as short
Deribit APE_USDC-PERPETUAL+0.0430%1h0.1471+0.007%$11K$18K25xas long as short
Coinbase International APE-PERP-INTX+0.0856%1h0.1480+0.619%$100K$8K25xas long as short