Funding you earn now, next payment 06:00 UTC−0.0924%/8h= −101.2% APRpaid last 24h −0.198%
Price spread now: Binance against Coinbase International−0.739%7-day average −0.402% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.787%−$79 on $10k
+Price spread, last 4 days (all we have)+0.384%+$38 · spread now −0.739%, 7d avg −0.402%
=Both sides work against this trade now: funding costs −$28 a day on $10k at the current rate, and Binance is 0.338% cheaper against Coinbase International than usual: you would sell low and buy high (−$34 if the spread goes back to its 7-day average of −0.402%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International APE-PERP-INTX | 0.1477 | 0.1024 | pay 0.0128% / 1h | 31m 29s | $100K | $8K | 25x |
| Short | Binance APEUSDT | 0.1466 | 0.0100 | get 0.0100% / 8h | 1h 31m | $4.1M | $7.1M | 50x |
Coinbase International APE-PERP-INTX
Binance APEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Coinbase International. 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
- −$194.04
- Price spread: −0.739% → −0.402%
- −$33.76
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$247.8
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: live order book, 72 min ago; Binance: live order book, 7 min ago. 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 Coinbase International live order book, 72 min ago | 13.59 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 3.40 bp | 15.6 bp −$16 | 63.3 bp −$633 | 911.1 bp −$91.1K | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| GMX APE/USD [APE-USDC] | L −0.0178% / S +0.0185% | 1h | 0.1466 | −0.766% | $1K | — | 100x | as long as short |
| Reya APERUSDPERP | 0.0000% | 1h | 0.1235 | −16.384% | — | — | — | as long as short |
| Injective APE/USDC PERP | +0.0033% | 1h | 0.1378 | −6.703% | $1K | $12K | 5.5x | as long as short |
| Hyperliquid APE | +0.0100% | 1h | 0.1468 | −0.589% | $1.3M | $387K | 5x | as long as short |
| Aster APEUSDT | +0.0100% | 8h | 0.1466 | −0.739% | $122K | $20K | 10x | as long as short |
| Binance APEUSDTshort | +0.0100% | 8h | 0.1466 | −0.739% | $4.1M | $7.1M | 50x | |
| Bybit APEUSDT | +0.0100% | 8h | 0.1466 | −0.745% | $3.6M | $3.0M | 50x | as long as short |
| OKX APE-USDT-SWAP | +0.0100% | 8h | 0.1466 | −0.779% | $1.3M | $1.5M | 20x | as long as short |
| Gate APE_USDT | +0.0100% | 8h | 0.1466 | −0.745% | $635K | $314K | 50x | as long as short |
| MEXC APE_USDT | +0.0100% | 8h | 0.1466 | −0.745% | $4.2M | $871K | 50x | as long as short |
GMX APE/USD [APE-USDC]
Reya APERUSDPERP
Injective APE/USDC PERP
Hyperliquid APE
Aster APEUSDT
Bybit APEUSDT
OKX APE-USDT-SWAP
Gate APE_USDT
MEXC APE_USDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin APEUSDTM | +0.0100% | 8h | 0.1466 | −0.745% | $1.8M | $3.7M | 50x | as long as short |
| Bitget APEUSDT | +0.0100% | 8h | 0.1466 | −0.745% | $2.1M | $603K | 25x | as long as short |
| BingX APE-USDT | +0.0100% | 8h | 0.1466 | −0.745% | — | $13.0M | — | as long as short |
| Variational Omni APE | +0.0100% | 8h | 0.1465 | −0.779% | $7K | $12K | — | as long as short |
| Extended APE-USD | +0.0104% | 1h | 0.1466 | −0.769% | $8K | $208K | 10x | as long as short |
| BloFin APE-USDT | +0.0125% | 8h | 0.1467 | −0.677% | $215K | $59K | 75x | as long as short |
| Kraken Futures PF_APEUSD | +0.0185% | 1h | 0.1468 | −0.634% | $400K | $665K | 20x | as long as short |
| dYdX APE-USD | +0.0202% | 1h | 0.1466 | −0.721% | $9K | — | 5x | as long as short |
| Deribit APE_USDC-PERPETUAL | +0.0432% | 1h | 0.1467 | −0.677% | $9K | $21K | 25x | as long as short |
| Coinbase International APE-PERP-INTXlong | +0.1024% | 1h | 0.1477 | long leg | $100K | $8K | 25x |
KuCoin APEUSDTM
Bitget APEUSDT
BingX APE-USDT
Variational Omni APE
Extended APE-USD
BloFin APE-USDT
Kraken Futures PF_APEUSD
dYdX APE-USD
Deribit APE_USDC-PERPETUAL