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

APE

all APE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0784%/8h= +85.8% APRnext payment +$0.98 per $10,000 · paid last 24h +0.209%
Price spread now: Coinbase International against dYdX+1.128%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 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$24 a day on $10k at the current rate, and Coinbase International is 1.128% dearer against dYdX than usual: you sell high and buy low: +$113 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX APE-USD0.14790.0096pay 0.0012% / 1h26m 09s$9K$55x
ShortCoinbase International APE-PERP-INTX0.14960.0880get 0.0110% / 1h26m 09s$101K$8K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against dYdX. 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
$164.56
Price spread: +1.128% → 0.000%
$112.78
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$257.33
Costs to cover
0.200%
Break-even
from the start
Slippage unknown: dYdX: no order-book sample; Coinbase International: live order book, 22 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 dYdX no order-book sample
Sell Coinbase International live order book, 22 min ago16.95 bp22.0 bp −$22doesn't fitdoesn't fitdoesn't fit
dYdX: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX APE/USD [APE-USDC]L −0.0178% / S +0.0185%1h0.1479−0.028%$1K100xas long as short
Reya APERUSDPERP0.0000%1h0.1235−16.514%as long as short
Injective APE/USDC PERP+0.0033%1h0.1378−6.849%$1K$12K5.5xas long as short
dYdX APE-USDlong+0.0096%1h0.1479long leg$9K$55x
Hyperliquid APE+0.0100%1h0.1481+0.134%$1.3M$376K5xas long as short
Aster APEUSDT+0.0100%8h0.1479−0.005%$124K$22K10xas long as short
Binance APEUSDT+0.0100%8h0.1479−0.008%$4.1M$6.9M50xas long as short
Bybit APEUSDT+0.0100%8h0.1480+0.026%$3.7M$3.1M50xas long as short
OKX APE-USDT-SWAP+0.0100%8h0.1480+0.046%$1.3M$1.5M20xas long as short
Gate APE_USDT+0.0100%8h0.1479−0.001%$635K$313K50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC APE_USDT+0.0100%8h0.1479−0.021%$4.5M$871K50xas long as short
KuCoin APEUSDTM+0.0100%8h0.1479−0.021%$1.8M$3.3M50xas long as short
Bitget APEUSDT+0.0100%8h0.1480+0.046%$2.1M$578K25xas long as short
BingX APE-USDT+0.0100%8h0.1480+0.046%$13.1Mas long as short
Variational Omni APE+0.0100%8h0.1492+0.880%$8K$12Kas long as short
Extended APE-USD+0.0104%1h0.1479−0.034%$7K$209K10xas long as short
BloFin APE-USDT+0.0220%8h0.1486+0.452%$218K$58K75xas long as short
Deribit APE_USDC-PERPETUAL+0.0426%1h0.1480+0.046%$9K$21K25xas long as short
Coinbase International APE-PERP-INTXshort+0.0880%1h0.1496+1.128%$101K$8K25x
Kraken Futures PF_APEUSD+0.0980%1h0.1481+0.133%$406K$646K20xas long as short