Funding you earn now, next payment 11:00 UTC−0.0836%/8h= −91.5% APRpaid last 24h −0.221%
Price spread now: BingX against Coinbase International−1.896%7-day average −0.406% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.794%−$79 on $10k
+Price spread, last 4 days (all we have)+1.310%+$131 · spread now −1.896%, 7d avg −0.406%
=Both sides work against this trade now: funding costs −$25 a day on $10k at the current rate, and BingX is 1.490% cheaper against Coinbase International than usual: you would sell low and buy high (−$149 if the spread goes back to its 7-day average of −0.406%). 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 | 0.0936 | pay 0.0117% / 1h | 49m 57s | $99K | $7K | 25x |
| Short | BingX APE-USDT | 0.1449 | 0.0100 | get 0.0100% / 8h | 4h 49m | — | $5.3M | — |
Coinbase International APE-PERP-INTX
BingX APE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- −$175.56
- Price spread: −1.896% → −0.406%
- −$148.99
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$344.55
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: no order-book sample; BingX: live order book, 8 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 no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 8 min ago | 3.44 bp | 23.9 bp −$24 | 68.4 bp −$684 | 335.5 bp −$33.5K | doesn't fit |
Coinbase International: 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 exchanges
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 | 0.1452 | −1.690% | $1K | — | 100x | as long as short |
| Reya APERUSDPERP | 0.0000% | 1h | 0.1235 | −16.385% | — | — | — | as long as short |
| Injective APE/USDC PERP | +0.0033% | 1h | 0.1378 | −6.703% | $1K | $12K | 5.5x | as long as short |
| BloFin APE-USDT | +0.0076% | 8h | 0.1449 | −1.896% | $216K | $35K | 75x | as long as short |
| Hyperliquid APE | +0.0100% | 1h | 0.1453 | −1.625% | $1.3M | $311K | 5x | as long as short |
| Aster APEUSDT | +0.0100% | 8h | 0.1450 | −1.851% | $121K | $20K | 10x | as long as short |
| Binance APEUSDT | +0.0100% | 8h | 0.1450 | −1.837% | $4.1M | $6.8M | 50x | as long as short |
| Bybit APEUSDT | +0.0100% | 8h | 0.1449 | −1.862% | $3.6M | $2.7M | 50x | as long as short |
| OKX APE-USDT-SWAP | +0.0100% | 8h | 0.1450 | −1.835% | $1.3M | $1.5M | 20x | as long as short |
| Gate APE_USDT | +0.0100% | 8h | 0.1449 | −1.889% | $624K | $274K | 50x | as long as short |
GMX APE/USD [APE-USDC]
Reya APERUSDPERP
Injective APE/USDC PERP
BloFin APE-USDT
Hyperliquid APE
Aster APEUSDT
Binance APEUSDT
Bybit APEUSDT
OKX APE-USDT-SWAP
Gate APE_USDTShow all 20 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC APE_USDT | +0.0100% | 8h | 0.1449 | −1.896% | $4.1M | $719K | 50x | as long as short |
| KuCoin APEUSDTM | +0.0100% | 8h | 0.1450 | −1.828% | $1.8M | $4.6M | 50x | as long as short |
| Bitget APEUSDT | +0.0100% | 8h | 0.1450 | −1.828% | $2.1M | $586K | 25x | as long as short |
| BingX APE-USDTshort | +0.0100% | 8h | 0.1449 | −1.896% | — | $5.3M | — | |
| Variational Omni APE | +0.0100% | 8h | 0.1449 | −1.918% | $5K | $13K | — | as long as short |
| dYdX APE-USD | +0.0101% | 1h | 0.1449 | −1.888% | $9K | — | 5x | as long as short |
| Extended APE-USD | +0.0104% | 1h | 0.1449 | −1.877% | $7K | $274K | 10x | as long as short |
| Kraken Futures PF_APEUSD | +0.0126% | 1h | 0.1452 | −1.664% | $399K | $662K | 20x | as long as short |
| Deribit APE_USDC-PERPETUAL | +0.0439% | 1h | 0.1452 | −1.693% | $3K | $27K | 25x | as long as short |
| Coinbase International APE-PERP-INTXlong | +0.0936% | 1h | 0.1477 | long leg | $99K | $7K | 25x |
MEXC APE_USDT
KuCoin APEUSDTM
Bitget APEUSDT
Variational Omni APE
dYdX APE-USD
Extended APE-USD
Kraken Futures PF_APEUSD
Deribit APE_USDC-PERPETUAL