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

APE

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h
Price spread now: Reya against Bybit−15.807%116s7-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 7 daysno history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Reya is 15.807% cheaper against Bybit than usual: you would sell low and buy high (−$1,581 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 116 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit APEUSDT0.14670.0100pay 0.0100% / 8h13m 36s$3.6M$2.9M50x
ShortReya APERUSDPERP0.12350get 0.0000% / 1h13m 36s

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya 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: −15.807% → 0.000%
−$1,580.75
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Reya: 3 bp × 2 orders
−$6
Net
−$1,618.75
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Bybit: live order book, 4 min ago; Reya: 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 ago1.36 bp24.1 bp −$2454.5 bp −$545doesn't fitdoesn't fit
Sell Reya no order-book sample
Reya: 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%1h0.1466−0.085%$1K100xas long as short
Reya APERUSDPERPshort0.0000%1h0.1235−15.807%
Injective APE/USDC PERP+0.0033%1h0.1378−6.060%$1K$12K5.5xas long as short
Aster APEUSDT+0.0100%8h0.1467+0.010%$122K$20K10xas long as short
Binance APEUSDT+0.0100%8h0.1467+0.007%$4.1M$7.2M50xas long as short
Bybit APEUSDTlong+0.0100%8h0.1467long leg$3.6M$2.9M50x
OKX APE-USDT-SWAP+0.0100%8h0.1467+0.007%$1.3M$1.5M20xas long as short
Gate APE_USDT+0.0100%8h0.1467+0.007%$635K$314K50xas long as short
MEXC APE_USDT+0.0100%8h0.1467+0.007%$4.2M$828K50xas long as short
KuCoin APEUSDTM+0.0100%8h0.1466−0.061%$1.8M$4.0M50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget APEUSDT+0.0100%8h0.1467+0.007%$2.1M$608K25xas long as short
BingX APE-USDT+0.0100%8h0.1467+0.007%$13.0Mas long as short
Variational Omni APE+0.0100%8h0.1466−0.053%$5K$14Kas long as short
dYdX APE-USD+0.0102%1h0.1465−0.119%$9K5xas long as short
Extended APE-USD+0.0104%1h0.1467−0.020%$6K$208K10xas long as short
BloFin APE-USDT+0.0114%8h0.1467+0.007%$218K$59K75xas long as short
Hyperliquid APE+0.0154%1h0.1469+0.170%$1.3M$374K5xas long as short
Kraken Futures PF_APEUSD+0.0232%1h0.1468+0.045%$400K$692K20xas long as short
Deribit APE_USDC-PERPETUAL+0.0432%1h0.1468+0.075%$5K$24K25xas long as short
Coinbase International APE-PERP-INTX+0.1104%1h0.1484+1.166%$100K$8K25xas long as short