APE

Alert

Spread before costs (cost unknown: a leg has no order-book sample)+0.004%

7d average—if it closes, per $10,000$0funding while held, a day+$3.00

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit APE_USDC-PERPETUAL	0.1449	0	get 0.0000% / 1h	20m 40s	$13K	$18K	25x
Short	Binance APEUSDT	0.1449	0.0100	get 0.0100% / 8h	20m 40s	$4.1M	$6.0M	50x

Price spread history

latest

Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Position, each leg$Hold forhoursFee DeribitbpFee BinancebpOrdersClose when spread is

Spread captured: $0.37
Funding while held: $3
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Binance: 5 bp × 2 orders: −$10
Net: −$13.63
Spread needed to break even: 0.170%

Slippage unknown: Deribit: no order-book sample; Binance: live order book, 4 min ago. Net counts fees only.

Cost of waiting

funding view

Funding /8h: +0.0100%
Per $10,000 a day: +$3.00
Average in range /8h: —

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 Deribit no order-book sample	—	—	—	—	—
Sell Binance live order book, 4 min ago	3.46 bp	18.3 bp −$18	64.5 bp −$645	1061.9 bp −$106.2K	doesn't fit

Deribit: 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 price on every exchange

against the cheapest. Click to use as the short leg.

Reya0.1235cheapest

Injective0.1378+11.581%Variational Omni0.1447+17.199%KuCoin0.1448+17.249%BloFin0.1448+17.249%dYdX0.1448+17.263%GMX0.1449+17.297%Bybit0.1449+17.306%OKX0.1449+17.306%Extended0.1449+17.310%Gate0.1449+17.330%MEXC0.1449+17.330%BingX0.1449+17.330%

Deribit0.1449+17.330%

Binance0.1449+17.334%

Aster0.1449+17.342%Kraken Futures0.1450+17.375%Bitget0.1450+17.411%Hyperliquid0.1451+17.452%Coinbase International0.1457+17.978%

APE on 20 venues

cheapest first. Swap a leg.

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
Reya APERUSDPERP	−14.770%	0.0000%	1h	—	—	—	as long as short
Injective APE/USDC PERP	−4.900%	+0.0033%	1h	$1K	$43K	5.5x	as long as short
Variational Omni APE	−0.112%	+0.0100%	8h	$7K	$12K	—	as long as short
KuCoin APEUSDTM	−0.069%	+0.0100%	8h	$1.8M	$2.6M	50x	as long as short
BloFin APE-USDT	−0.069%	+0.0105%	8h	$235K	$47K	75x	as long as short
dYdX APE-USD	−0.057%	+0.0033%	1h	$9K	$5	5x	as long as short
GMX APE/USD [APE-USDC]	−0.028%	L −0.0178% / S +0.0185%	1h	$1K	—	100x	as long as short
Bybit APEUSDT	−0.021%	+0.0100%	8h	$3.5M	$2.4M	50x	as long as short
OKX APE-USDT-SWAP	−0.021%	+0.0100%	8h	$1.2M	$1.2M	20x	as long as short
Extended APE-USD	−0.017%	+0.0104%	1h	$4K	$223K	10x	as long as short

Show all 20 venues

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
Gate APE_USDT	0.000%	+0.0100%	8h	$562K	$246K	50x	as long as short
MEXC APE_USDT	0.000%	+0.0100%	8h	$3.9M	$885K	50x	as long as short
BingX APE-USDT	0.000%	+0.0100%	8h	—	$13.6M	—	as long as short
Deribit APE_USDC-PERPETUALlong	0.000%	0.0000%	1h	$13K	$18K	25x
Binance APEUSDTshort	+0.004%	+0.0100%	8h	$4.1M	$6.0M	50x
Aster APEUSDT	+0.010%	+0.0100%	8h	$111K	$8K	10x	as long as short
Kraken Futures PF_APEUSD	+0.038%	+0.0314%	1h	$417K	$470K	20x	as long as short
Bitget APEUSDT	+0.069%	+0.0100%	8h	$2.0M	$530K	25x	as long as short
Hyperliquid APE	+0.104%	+0.0100%	1h	$1.3M	$327K	5x	as long as short
Coinbase International APE-PERP-INTX	+0.552%	+0.0760%	1h	$98K	$6K	25x	as long as short