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

APE

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Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0345%/8h= −37.7% APRnext payment $0.43 per $10,000 · paid last 24h −0.066%
Price spread now: GMX against dYdX+0.227%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. GMX is 0.227% dearer against dYdX than usual: you sell high and buy low (spread +0.227% now, against zero (this spread has no 7-day history yet)): +$23 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 2.2 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX APE-USD0.14670.0160pay 0.0020% / 1h50m 29s$9K5x
ShortGMX APE/USD [APE-USDC]0.1470L −0.0178% / S +0.0185%pay 0.0023% / 1h50m 29s$1K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
−$72.4
Price spread: +0.227% → 0.000%
$22.7
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee GMX: 6 bp × 2 orders
−$12
Net
−$71.7
Costs to cover
0.220%
Break-even
from the start
Slippage unknown: dYdX: no order-book sample; GMX: no order-book sample. 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 GMX no order-book sample
dYdX and GMX: 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]shortL −0.0178% / S +0.0185%1h0.1470+0.227%$1K100x
Reya APERUSDPERP0.0000%1h0.1235−15.792%as long as short
Injective APE/USDC PERP+0.0033%1h0.1378−6.044%$1K$12K5.5xas long as short
BloFin APE-USDT+0.0077%8h0.1467+0.024%$216K$59K75xas long as short
Hyperliquid APE+0.0100%1h0.1473+0.412%$1.3M$388K5xas long as short
Aster APEUSDT+0.0100%8h0.1468+0.097%$122K$20K10xas long as short
Binance APEUSDT+0.0100%8h0.1469+0.193%$4.1M$7.2M50xas long as short
Bybit APEUSDT+0.0100%8h0.1470+0.235%$3.6M$3.1M50xas long as short
OKX APE-USDT-SWAP+0.0100%8h0.1470+0.256%$1.3M$1.5M20xas long as short
Gate APE_USDT+0.0100%8h0.1468+0.072%$635K$313K50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC APE_USDT+0.0100%8h0.1470+0.228%$4.2M$870K50xas long as short
KuCoin APEUSDTM+0.0100%8h0.1469+0.160%$1.8M$3.7M50xas long as short
Bitget APEUSDT+0.0100%8h0.1470+0.228%$2.1M$621K25xas long as short
BingX APE-USDT+0.0100%8h0.1470+0.228%$13.1Mas long as short
Variational Omni APE+0.0100%8h0.1467+0.007%$7K$12Kas long as short
Extended APE-USD+0.0104%1h0.1468+0.061%$8K$208K10xas long as short
dYdX APE-USDlong+0.0160%1h0.1467long leg$9K5x
Kraken Futures PF_APEUSD+0.0185%1h0.1469+0.147%$400K$663K20xas long as short
Deribit APE_USDC-PERPETUAL+0.0432%1h0.1468+0.092%$9K$21K25xas long as short
Coinbase International APE-PERP-INTX+0.1024%1h0.1477+0.706%$100K$8K25xas long as short