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

APE

all APE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Binance against Extended−0.085%7-day average +0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$880.880% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.002%$0 on $10k
Price spread, last 4 days (all we have)+0.163%+$16 · spread now −0.085%, 7d avg +0.036%
Together, before fees+0.166%+ Points / potential airdropExtended: Active · farm board+$17 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.121% cheaper against Extended than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of +0.036%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended APE-USD0.14630.0104pay 0.0013% / 1h26m 36s$4K$220K10x
ShortBinance APEUSDT0.14610.0100get 0.0100% / 8h1h 26m$4.1M$6.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Extended. 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
−$0.84
Price spread: −0.085% → +0.036%
−$12.14
Slippage, 4 orders
−$73.02
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Binance: 5 bp × 2 orders
−$10
Net
−$100.99
Costs to cover
0.880%
Break-even
never at this rate
Slippage from Extended: live order book, 55 min ago; Binance: live order book, 12 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 55 min ago5.80 bp27.5 bp −$28188.6 bp −$1,886doesn't fitdoesn't fit
Sell Binance live order book, 12 min ago3.42 bp14.0 bp −$1468.3 bp −$683doesn't fitdoesn't fit

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
Kraken Futures PF_APEUSD−0.0427%1h0.1464+0.071%$408K$571K20xas long as short
GMX APE/USD [APE-USDC]L −0.0178% / S +0.0185%1h0.1462−0.061%$1K100xas long as short
Reya APERUSDPERP0.0000%1h0.1235−15.571%as long as short
Injective APE/USDC PERP+0.0033%1h0.1378−5.792%$1K$12K5.5xas long as short
BloFin APE-USDT+0.0082%8h0.1463+0.019%$222K$48K75xas long as short
Hyperliquid APE+0.0100%1h0.1465+0.142%$1.3M$347K5xas long as short
Aster APEUSDT+0.0100%8h0.1461−0.126%$121K$22K10xas long as short
Binance APEUSDTshort+0.0100%8h0.1461−0.085%$4.1M$6.2M50x
Bybit APEUSDT+0.0100%8h0.1462−0.077%$3.7M$2.5M50xas long as short
OKX APE-USDT-SWAP+0.0100%8h0.1462−0.077%$1.3M$1.3M20xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate APE_USDT+0.0100%8h0.1461−0.118%$631K$291K50xas long as short
MEXC APE_USDT+0.0100%8h0.1462−0.049%$3.7M$854K50xas long as short
KuCoin APEUSDTM+0.0100%8h0.1461−0.118%$1.8M$1.8M50xas long as short
Bitget APEUSDT+0.0100%8h0.1462−0.049%$2.1M$528K25xas long as short
BingX APE-USDT+0.0100%8h0.1462−0.049%$13.4Mas long as short
Variational Omni APE+0.0100%8h0.1460−0.188%$7K$12Kas long as short
Extended APE-USDlong+0.0104%1h0.1463long leg$4K$220K10x
dYdX APE-USD+0.0308%1h0.1461−0.131%$9K$55xas long as short
Deribit APE_USDC-PERPETUAL+0.0434%1h0.1464+0.087%$11K$18K25xas long as short
Coinbase International APE-PERP-INTX+0.0688%1h0.1466+0.224%$99K$7K25xas long as short