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

APE

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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0104%/8h= +11.4% APRnext payment +$0.13 per $10,000 · paid last 24h −0.008%
Price spread now: Extended against Deribit+0.041%7-day average · you sell dearer than you buy
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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Extended is 0.041% dearer against Deribit than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit APE_USDC-PERPETUAL0.14730get 0.0000% / 1h59m 45s$11K$18K25x
ShortExtended APE-USD0.14740.0104get 0.0013% / 1h59m 45s$4K$202K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Deribit. 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
$21.84
Price spread: +0.041% → 0.000%
$4.14
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$13.98
Costs to cover
0.120%
Break-even
2.5 days
Slippage unknown: Deribit: no order-book sample; Extended: live order book, 2 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 Deribit no order-book sample
Sell Extended live order book, 2 min ago6.45 bp30.8 bp −$31195.4 bp −$1,954doesn't fitdoesn'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 19 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
Kraken Futures PF_APEUSD−0.0224%1h0.1474+0.064%$409K$600K20xas long as short
GMX APE/USD [APE-USDC]L −0.0178% / S +0.0185%1h0.1473+0.016%$1K100xas long as short
Reya APERUSDPERP0.0000%1h0.1235−16.159%as long as short
Deribit APE_USDC-PERPETUALlong0.0000%1h0.1473long leg$11K$18K25x
dYdX APE-USD+0.0020%1h0.1474+0.034%$9K$55xas long as short
Injective APE/USDC PERP+0.0033%1h0.1378−6.449%$1K$12K5.5xas long as short
Hyperliquid APE+0.0100%1h0.1477+0.305%$1.3M$374K5xas long as short
Aster APEUSDT+0.0100%8h0.1474+0.064%$123K$22K10xas long as short
Binance APEUSDT+0.0100%8h0.1474+0.100%$4.1M$6.5M50xas long as short
Bybit APEUSDT+0.0100%8h0.1474+0.102%$3.7M$3.0M50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX APE-USDT-SWAP+0.0100%8h0.1475+0.143%$1.3M$1.4M20xas long as short
Gate APE_USDT+0.0100%8h0.1475+0.143%$634K$312K50xas long as short
MEXC APE_USDT+0.0100%8h0.14730.000%$4.4M$901K50xas long as short
KuCoin APEUSDTM+0.0100%8h0.14730.000%$1.8M$2.7M50xas long as short
Bitget APEUSDT+0.0100%8h0.1474+0.068%$2.1M$552K25xas long as short
BingX APE-USDT+0.0100%8h0.1474+0.068%$13.1Mas long as short
Variational Omni APE+0.0100%8h0.1473−0.011%$8K$12Kas long as short
Extended APE-USDshort+0.0104%1h0.1474+0.041%$4K$202K10x
Coinbase International APE-PERP-INTX+0.0904%1h0.1477+0.272%$99K$7K25xas long as short