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

APE

all APE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0836%/8h= −91.5% APRpaid last 24h −0.199%
Price spread now: KuCoin against Coinbase International−0.271%7-day average −0.440% · 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 days−0.689%−$69 on $10k
Price spread, last 4 days (all we have)−0.091%−$9 · spread now −0.271%, 7d avg −0.440%
Together, before fees−0.780%−$78 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.169% dearer against Coinbase International than usual: you sell high and buy low (spread −0.271% now, against its 7-day average of −0.440%): +$17 on $10k if it goes back. Holding the pair costs −$25 a day in funding at the current rate, which eats that in about 16 hours. At the pace of the last 7 days (−0.689% in total) that is about 41 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International APE-PERP-INTX0.14770.0936pay 0.0117% / 1h1m 57s$100K$8K25x
ShortKuCoin APEUSDTM0.14730.0100get 0.0100% / 8h2h 01m$1.8M$3.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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 it
latest
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: −0.271% → −0.440%
$16.95
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$180.61
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: Coinbase International: live order book, 41 min ago; KuCoin: live order book, 5 min ago. 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 Coinbase International live order book, 41 min ago13.59 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 5 min ago6.80 bp54.7 bp −$55189.0 bp −$1,890doesn'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%1h0.1473−0.299%$1K100xas long as short
Reya APERUSDPERP0.0000%1h0.1235−16.383%as long as short
Kraken Futures PF_APEUSD+0.0027%1h0.1474−0.189%$402K$660K20xas long as short
Injective APE/USDC PERP+0.0033%1h0.1378−6.703%$1K$12K5.5xas long as short
Hyperliquid APE+0.0100%1h0.1476−0.054%$1.3M$388K5xas long as short
Aster APEUSDT+0.0100%8h0.1473−0.282%$123K$20K10xas long as short
Binance APEUSDT+0.0100%8h0.1473−0.271%$4.1M$7.2M50xas long as short
Bybit APEUSDT+0.0100%8h0.1473−0.271%$3.6M$3.1M50xas long as short
OKX APE-USDT-SWAP+0.0100%8h0.1473−0.257%$1.3M$1.5M20xas long as short
Gate APE_USDT+0.0100%8h0.1473−0.257%$637K$322K50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC APE_USDT+0.0100%8h0.1473−0.271%$4.2M$879K50xas long as short
KuCoin APEUSDTMshort+0.0100%8h0.1473−0.271%$1.8M$3.7M50x
Bitget APEUSDT+0.0100%8h0.1474−0.203%$2.1M$619K25xas long as short
BingX APE-USDT+0.0100%8h0.1473−0.271%$13.1Mas long as short
Variational Omni APE+0.0100%8h0.1472−0.370%$7K$12Kas long as short
Extended APE-USD+0.0104%1h0.1473−0.299%$4K$208K10xas long as short
BloFin APE-USDT+0.0125%8h0.14770.000%$215K$59K75xas long as short
dYdX APE-USD+0.0143%1h0.1473−0.303%$9K5xas long as short
Deribit APE_USDC-PERPETUAL+0.0429%1h0.1473−0.271%$9K$21K25xas long as short
Coinbase International APE-PERP-INTXlong+0.0936%1h0.1477long leg$100K$8K25x