Funding you earn now, next payment 02:00 UTC−0.0285%/8h= −31.2% APRpaid last 24h −0.079%
Price spread now: GMX against Bybit−0.126%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and GMX is 0.126% cheaper against Bybit than usual: you would sell low and buy high (−$13 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit APEUSDT | 0.1477 | 0.0100 | pay 0.0100% / 8h | 6h 43m | $3.7M | $3.0M | 50x |
| Short | GMX APE/USD [APE-USDC] | 0.1475 | L −0.0178% / S +0.0185% | pay 0.0023% / 1h | 43m 49s | $1K | — | 100x |
Bybit APEUSDT
GMX APE/USD [APE-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Bybit. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$59.79
- Price spread: −0.126% → 0.000%
- −$12.6
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$95.39
- Costs to cover
- 0.230%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 4 min ago; GMX: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bybit live order book, 4 min ago | 3.05 bp | 25.4 bp −$25 | 54.9 bp −$549 | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_APEUSD | −0.0224% | 1h | 0.1477 | +0.036% | $410K | $604K | 20x | as long as short |
| GMX APE/USD [APE-USDC]short | L −0.0178% / S +0.0185% | 1h | 0.1475 | −0.126% | $1K | — | 100x | |
| Reya APERUSDPERP | 0.0000% | 1h | 0.1235 | −16.355% | — | — | — | as long as short |
| Deribit APE_USDC-PERPETUAL | 0.0000% | 1h | 0.1476 | −0.034% | $11K | $18K | 25x | as long as short |
| dYdX APE-USD | +0.0012% | 1h | 0.1474 | −0.154% | $9K | $5 | 5x | as long as short |
| Injective APE/USDC PERP | +0.0033% | 1h | 0.1378 | −6.671% | $1K | $12K | 5.5x | as long as short |
| BloFin APE-USDT | +0.0076% | 8h | 0.1477 | +0.034% | $220K | $54K | 75x | as long as short |
| Hyperliquid APE | +0.0100% | 1h | 0.1479 | +0.163% | $1.3M | $387K | 5x | as long as short |
| Aster APEUSDT | +0.0100% | 8h | 0.1477 | +0.039% | $123K | $22K | 10x | as long as short |
| Binance APEUSDT | +0.0100% | 8h | 0.1477 | +0.034% | $4.1M | $6.6M | 50x | as long as short |
Kraken Futures PF_APEUSD
Reya APERUSDPERP
Deribit APE_USDC-PERPETUAL
dYdX APE-USD
Injective APE/USDC PERP
BloFin APE-USDT
Hyperliquid APE
Aster APEUSDT
Binance APEUSDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit APEUSDTlong | +0.0100% | 8h | 0.1477 | long leg | $3.7M | $3.0M | 50x | |
| OKX APE-USDT-SWAP | +0.0100% | 8h | 0.1478 | +0.075% | $1.3M | $1.4M | 20x | as long as short |
| Gate APE_USDT | +0.0100% | 8h | 0.1477 | +0.041% | $635K | $307K | 50x | as long as short |
| MEXC APE_USDT | +0.0100% | 8h | 0.1477 | +0.034% | $4.3M | $881K | 50x | as long as short |
| KuCoin APEUSDTM | +0.0100% | 8h | 0.1476 | −0.034% | $1.8M | $2.5M | 50x | as long as short |
| Bitget APEUSDT | +0.0100% | 8h | 0.1477 | +0.034% | $2.1M | $576K | 25x | as long as short |
| BingX APE-USDT | +0.0100% | 8h | 0.1478 | +0.102% | — | $13.1M | — | as long as short |
| Variational Omni APE | +0.0100% | 8h | 0.1478 | +0.086% | $8K | $12K | — | as long as short |
| Extended APE-USD | +0.0104% | 1h | 0.1477 | +0.012% | $4K | $204K | 10x | as long as short |
| Coinbase International APE-PERP-INTX | +0.0904% | 1h | 0.1479 | +0.169% | $99K | $7K | 25x | as long as short |
OKX APE-USDT-SWAP
Gate APE_USDT
MEXC APE_USDT
KuCoin APEUSDTM
Bitget APEUSDT
BingX APE-USDT
Variational Omni APE
Extended APE-USD
Coinbase International APE-PERP-INTX