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

APE

all APE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.001%
Price spread now: BingX against Hyperliquid+0.081%7-day average −0.089% · you sell dearer than you buy
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$810.815% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.001%$0 on $10k
Price spread, last 7 days−0.176%−$18 · spread now +0.081%, 7d avg −0.089%
Together, before fees−0.177%+ Points / potential airdropHyperliquid: Season 2 · farm board−$18 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: BingX is 0.170% dearer against Hyperliquid than usual: you sell high and buy low, +$17 on $10k if it goes back to its 7-day average of −0.089%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid APE0.14820.0100pay 0.0013% / 1h14m 19s$1.3M$372K5x
ShortBingX APE-USDT0.14830.0100get 0.0100% / 8h7h 14m$13.2M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Hyperliquid. 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
Price spread: +0.081% → −0.089%
$16.99
Slippage, 4 orders
−$62.49
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee BingX: 5 bp × 2 orders
−$10
Net
−$64.49
Costs to cover
0.815%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 6 min ago; BingX: live order book, 9 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 Hyperliquid live order book, 6 min ago1.02 bp22.8 bp −$23doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 9 min ago6.83 bp20.0 bp −$2066.2 bp −$662356.3 bp −$35.6Kdoesn'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−0.0210%1h0.1483+0.075%$413K$593K20xas long as short
GMX APE/USD [APE-USDC]L −0.0178% / S +0.0185%1h0.1482−0.003%$1K100xas long as short
Reya APERUSDPERP0.0000%1h0.1235−16.656%as long as short
Injective APE/USDC PERP+0.0033%1h0.1378−7.005%$1K$12K5.5xas long as short
dYdX APE-USD+0.0042%1h0.1476−0.383%$9K$55xas long as short
Hyperliquid APElong+0.0100%1h0.1482long leg$1.3M$372K5x
Aster APEUSDT+0.0100%8h0.1480−0.154%$123K$22K10xas long as short
Binance APEUSDT+0.0100%8h0.1484+0.140%$4.2M$6.3M50xas long as short
Bybit APEUSDT+0.0100%8h0.1483+0.081%$3.6M$2.9M50xas long as short
OKX APE-USDT-SWAP+0.0100%8h0.1484+0.169%$1.3M$1.4M20xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate APE_USDT+0.0100%8h0.1482+0.020%$632K$301K50xas long as short
MEXC APE_USDT+0.0100%8h0.1482+0.013%$4.3M$955K50xas long as short
KuCoin APEUSDTM+0.0100%8h0.1479−0.189%$1.8M$2.3M50xas long as short
Bitget APEUSDT+0.0100%8h0.1484+0.148%$2.1M$545K25xas long as short
BingX APE-USDTshort+0.0100%8h0.1483+0.081%$13.2M
Variational Omni APE+0.0100%8h0.1468−0.930%$7K$12Kas long as short
Extended APE-USD+0.0104%1h0.1484+0.127%$5K$206K10xas long as short
BloFin APE-USDT+0.0106%8h0.1478−0.256%$221K$50K75xas long as short
Deribit APE_USDC-PERPETUAL+0.0424%1h0.1484+0.148%$11K$18K25xas long as short
Coinbase International APE-PERP-INTX+0.0840%1h0.1481−0.054%$100K$7K25xas long as short