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

APE

all APE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.1000%/8h= +109.5% APRnext payment +$1.25 per $10,000 · paid last 24h +0.202%
Price spread now: Coinbase International against Extended+1.463%7-day average +0.438% · 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 7 days+0.801%+$80 on $10k
Price spread, last 4 days (all we have)−0.865%−$86 · spread now +1.463%, 7d avg +0.438%
Together, before fees−0.064%+ Points / potential airdropExtended: Active · farm board−$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$30 a day on $10k at the current rate, and Coinbase International is 1.025% dearer against Extended than usual: you sell high and buy low: +$103 more if the spread goes back to its 7-day average of +0.438%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended APE-USD0.14630.0104pay 0.0013% / 1h22m 25s$4K$208K10x
ShortCoinbase International APE-PERP-INTX0.14840.1104get 0.0138% / 1h22m 25s$100K$8K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
$210
Price spread: +1.463% → +0.438%
$102.51
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$297.51
Costs to cover
0.150%
Break-even
from the start
Slippage unknown: Extended: live order book, 14 min ago; Coinbase International: live order book, 61 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 Extended live order book, 14 min ago5.77 bp30.4 bp −$30177.4 bp −$1,774doesn't fitdoesn't fit
Sell Coinbase International live order book, 61 min ago16.90 bp35.3 bp −$35doesn't fitdoesn'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
GMX APE/USD [APE-USDC]L −0.0178% / S +0.0185%1h0.1463+0.058%$1K100xas long as short
Reya APERUSDPERP0.0000%1h0.1235−15.560%as long as short
Injective APE/USDC PERP+0.0033%1h0.1378−5.785%$1K$12K5.5xas long as short
BloFin APE-USDT+0.0088%8h0.1463+0.027%$218K$59K75xas long as short
Aster APEUSDT+0.0100%8h0.1465+0.163%$122K$20K10xas long as short
Binance APEUSDT+0.0100%8h0.1465+0.152%$4.1M$7.2M50xas long as short
Bybit APEUSDT+0.0100%8h0.1464+0.075%$3.6M$2.9M50xas long as short
OKX APE-USDT-SWAP+0.0100%8h0.1464+0.095%$1.3M$1.5M20xas long as short
Gate APE_USDT+0.0100%8h0.1465+0.164%$634K$313K50xas long as short
MEXC APE_USDT+0.0100%8h0.1464+0.095%$4.2M$826K50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin APEUSDTM+0.0100%8h0.1464+0.095%$1.8M$4.0M50xas long as short
Bitget APEUSDT+0.0100%8h0.1464+0.095%$2.1M$607K25xas long as short
BingX APE-USDT+0.0100%8h0.1464+0.095%$13.0Mas long as short
Variational Omni APE+0.0100%8h0.1467+0.306%$5K$14Kas long as short
dYdX APE-USD+0.0100%1h0.1465+0.175%$9K5xas long as short
Extended APE-USDlong+0.0104%1h0.1463long leg$4K$208K10x
Hyperliquid APE+0.0166%1h0.1467+0.280%$1.3M$374K5xas long as short
Kraken Futures PF_APEUSD+0.0232%1h0.1466+0.205%$398K$692K20xas long as short
Deribit APE_USDC-PERPETUAL+0.0434%1h0.1464+0.095%$5K$24K25xas long as short
Coinbase International APE-PERP-INTXshort+0.1104%1h0.1484+1.463%$100K$8K25x