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

APE

all APE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Bybit−0.034%7-day average +0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costs−$97as in the Price arb table
costs, in and out, $10k−$920.921% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.007%−$1 on $10k
Price spread, last 4 days (all we have)+0.104%+$10 · spread now −0.034%, 7d avg +0.016%
Together, before fees+0.096%+$10 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.050% cheaper against Bybit than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.016%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit APEUSDT0.14670.0100pay 0.0100% / 8h1h 32m$3.6M$3.0M50x
ShortGate APE_USDT0.14660.0100get 0.0100% / 8h1h 32m$635K$314K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$0
Price spread: −0.034% → +0.016%
−$4.96
Slippage, 4 orders
−$66.12
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$97.09
Costs to cover
0.921%
Break-even
never at this rate
Slippage from Bybit: live order book, 5 min ago; Gate: live order book, 9 min ago.

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, 5 min ago3.07 bp25.6 bp −$2657.7 bp −$577doesn't fitdoesn't fit
Sell Gate live order book, 9 min ago7.82 bp19.9 bp −$2086.2 bp −$862doesn'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%1h0.1465−0.127%$1K100xas long as short
Reya APERUSDPERP0.0000%1h0.1235−15.786%as long as short
Injective APE/USDC PERP+0.0033%1h0.1378−6.035%$1K$12K5.5xas long as short
Hyperliquid APE+0.0100%1h0.1470+0.211%$1.3M$387K5xas long as short
Aster APEUSDT+0.0100%8h0.1467+0.004%$122K$20K10xas long as short
Binance APEUSDT+0.0100%8h0.1467+0.004%$4.1M$7.1M50xas long as short
Bybit APEUSDTlong+0.0100%8h0.1467long leg$3.6M$3.0M50x
OKX APE-USDT-SWAP+0.0100%8h0.1466−0.027%$1.3M$1.5M20xas long as short
Gate APE_USDTshort+0.0100%8h0.1466−0.034%$635K$314K50x
MEXC APE_USDT+0.0100%8h0.1466−0.034%$4.2M$871K50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin APEUSDTM+0.0100%8h0.1466−0.034%$1.8M$3.7M50xas long as short
Bitget APEUSDT+0.0100%8h0.1467+0.034%$2.1M$603K25xas long as short
BingX APE-USDT+0.0100%8h0.1466−0.034%$13.0Mas long as short
Variational Omni APE+0.0100%8h0.1465−0.069%$7K$12Kas long as short
Extended APE-USD+0.0104%1h0.1466−0.020%$8K$208K10xas long as short
BloFin APE-USDT+0.0125%8h0.1467+0.034%$215K$59K75xas long as short
Kraken Futures PF_APEUSD+0.0185%1h0.1469+0.152%$400K$665K20xas long as short
dYdX APE-USD+0.0209%1h0.1466−0.010%$9K5xas long as short
Deribit APE_USDC-PERPETUAL+0.0432%1h0.1468+0.102%$9K$21K25xas long as short
Coinbase International APE-PERP-INTX+0.1024%1h0.1477+0.716%$100K$8K25xas long as short