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

APE

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0278%/8h= +30.4% APRpaid last 24h +0.090%
Price spread now: OKX against GMX+0.167%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
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and OKX is 0.167% dearer against GMX than usual: you sell high and buy low: +$17 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX APE/USD [APE-USDC]0.1474L −0.0178% / S +0.0185%get 0.0022% / 1h51m 51s$1K100x
ShortOKX APE-USDT-SWAP0.14760.0100get 0.0100% / 8h51m 51s$1.3M$1.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against GMX. 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
$58.34
Price spread: +0.167% → 0.000%
$16.69
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
$53.03
Costs to cover
0.220%
Break-even
0.6 days
Slippage unknown: GMX: no order-book sample; OKX: live order book, 5 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 GMX no order-book sample
Sell OKX live order book, 5 min ago1.36 bp30.4 bp −$30doesn't fitdoesn't fitdoesn't fit
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]longL −0.0178% / S +0.0185%1h0.1474long leg$1K100x
Reya APERUSDPERP0.0000%1h0.1235−16.210%as long as short
Injective APE/USDC PERP+0.0033%1h0.1378−6.509%$1K$12K5.5xas long as short
BloFin APE-USDT+0.0075%8h0.1474+0.004%$217K$59K75xas long as short
Aster APEUSDT+0.0100%8h0.1475+0.081%$123K$20K10xas long as short
Binance APEUSDT+0.0100%8h0.1475+0.099%$4.1M$7.2M50xas long as short
Bybit APEUSDT+0.0100%8h0.1475+0.092%$3.6M$3.0M50xas long as short
OKX APE-USDT-SWAPshort+0.0100%8h0.1476+0.167%$1.3M$1.5M20x
Gate APE_USDT+0.0100%8h0.1474+0.031%$638K$312K50xas long as short
MEXC APE_USDT+0.0100%8h0.1475+0.072%$4.2M$824K50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin APEUSDTM+0.0100%8h0.1474+0.004%$1.8M$3.9M50xas long as short
Bitget APEUSDT+0.0100%8h0.1475+0.072%$2.1M$603K25xas long as short
BingX APE-USDT+0.0100%8h0.1475+0.072%$13.0Mas long as short
Variational Omni APE+0.0100%8h0.1472−0.116%$5K$14Kas long as short
Extended APE-USD+0.0104%1h0.1475+0.055%$6K$207K10xas long as short
Hyperliquid APE+0.0112%1h0.1477+0.228%$1.3M$388K5xas long as short
dYdX APE-USD+0.0188%1h0.1475+0.075%$9K5xas long as short
Kraken Futures PF_APEUSD+0.0231%1h0.1475+0.047%$401K$690K20xas long as short
Deribit APE_USDC-PERPETUAL+0.0428%1h0.1475+0.072%$5K$24K25xas long as short
Coinbase International APE-PERP-INTX+0.1104%1h0.1479+0.343%$100K$8K25xas long as short