Funding you earn now, next payment 08:00 UTC−0.0328%/8h= −35.9% APRpaid last 24h −0.036%
Price spread now: Bybit against Deribit−0.183%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Bybit is 0.183% cheaper against Deribit than usual: you would sell low and buy high (−$18 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit APE_USDC-PERPETUAL | 0.1477 | 0.0428 | pay 0.0053% / 1h | 39m 49s | $5K | $24K | 25x |
| Short | Bybit APEUSDT | 0.1474 | 0.0100 | get 0.0100% / 8h | 39m 49s | $3.6M | $3.0M | 50x |
Deribit APE_USDC-PERPETUAL
Bybit APEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Deribit. 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
- −$68.78
- Price spread: −0.183% → 0.000%
- −$18.28
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$105.06
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; Bybit: live order book, 3 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 3 min ago | 2.37 bp | 24.6 bp −$25 | 52.8 bp −$528 | doesn't fit | 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 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 | 0.1476 | −0.072% | $1K | — | 100x | as long as short |
| Reya APERUSDPERP | 0.0000% | 1h | 0.1235 | −16.383% | — | — | — | 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 | 0.1476 | −0.041% | $1.3M | $374K | 5x | as long as short |
| Aster APEUSDT | +0.0100% | 8h | 0.1475 | −0.137% | $123K | $20K | 10x | as long as short |
| Binance APEUSDT | +0.0100% | 8h | 0.1474 | −0.177% | $4.1M | $7.2M | 50x | as long as short |
| Bybit APEUSDTshort | +0.0100% | 8h | 0.1474 | −0.183% | $3.6M | $3.0M | 50x | |
| OKX APE-USDT-SWAP | +0.0100% | 8h | 0.1475 | −0.156% | $1.3M | $1.5M | 20x | as long as short |
| Gate APE_USDT | +0.0100% | 8h | 0.1475 | −0.135% | $638K | $313K | 50x | as long as short |
| MEXC APE_USDT | +0.0100% | 8h | 0.1474 | −0.203% | $4.2M | $825K | 50x | as long as short |
GMX APE/USD [APE-USDC]
Reya APERUSDPERP
Injective APE/USDC PERP
Hyperliquid APE
Aster APEUSDT
Binance 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 | 0.1475 | −0.135% | $1.8M | $3.9M | 50x | as long as short |
| Bitget APEUSDT | +0.0100% | 8h | 0.1475 | −0.135% | $2.1M | $600K | 25x | as long as short |
| BingX APE-USDT | +0.0100% | 8h | 0.1476 | −0.068% | — | $13.0M | — | as long as short |
| Variational Omni APE | +0.0100% | 8h | 0.1478 | +0.082% | $5K | $14K | — | as long as short |
| BloFin APE-USDT | +0.0101% | 8h | 0.1478 | +0.068% | $218K | $60K | 75x | as long as short |
| Extended APE-USD | +0.0104% | 1h | 0.1475 | −0.139% | $4K | $208K | 10x | as long as short |
| dYdX APE-USD | +0.0186% | 1h | 0.1479 | +0.149% | $9K | — | 5x | as long as short |
| Kraken Futures PF_APEUSD | +0.0231% | 1h | 0.1477 | +0.004% | $401K | $693K | 20x | as long as short |
| Deribit APE_USDC-PERPETUALlong | +0.0428% | 1h | 0.1477 | long leg | $5K | $24K | 25x | |
| Coinbase International APE-PERP-INTX | +0.1104% | 1h | 0.1484 | +0.474% | $100K | $8K | 25x | as long as short |
KuCoin APEUSDTM
Bitget APEUSDT
BingX APE-USDT
Variational Omni APE
BloFin APE-USDT
Extended APE-USD
dYdX APE-USD
Kraken Futures PF_APEUSD
Coinbase International APE-PERP-INTX