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

APE

all APE markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0132%/8h= −14.5% APRpaid last 24h −0.024%
Price spread now: Bybit against Kraken Futures−0.106%7-day average −0.089% · you buy dearer than you sell
Net, funding: paid 7d − costs−$126as in the Funding arb table
Net, price: spread back to 7d avg − costs−$123as in the Price arb table
costs, in and out, $10k−$1211.208% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.049%−$5 on $10k
Price spread, last 4 days (all we have)−0.132%−$13 · spread now −0.106%, 7d avg −0.089%
Together, before fees−0.180%−$18 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.089%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_APEUSD0.14670.0232pay 0.0029% / 1h17m 59s$398K$692K20x
ShortBybit APEUSDT0.14660.0100get 0.0100% / 8h17m 59s$3.6M$2.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Kraken Futures. 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
−$27.77
Price spread: −0.106% → −0.089%
−$1.73
Slippage, 4 orders
−$99.84
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$150.34
Costs to cover
1.208%
Break-even
never at this rate
Slippage from Kraken Futures: live order book, 20 min ago; Bybit: live order book, 4 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 Kraken Futures live order book, 20 min ago10.18 bp43.2 bp −$43doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 4 min ago0.34 bp24.2 bp −$2449.9 bp −$499doesn'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%1h0.1466−0.113%$1K100xas long as short
Reya APERUSDPERP0.0000%1h0.1235−15.828%as long as short
Injective APE/USDC PERP+0.0033%1h0.1378−6.084%$1K$12K5.5xas long as short
BloFin APE-USDT+0.0072%8h0.1464−0.222%$218K$59K75xas long as short
dYdX APE-USD+0.0090%1h0.1465−0.143%$9K5xas long as short
Aster APEUSDT+0.0100%8h0.1466−0.053%$122K$20K10xas long as short
Binance APEUSDT+0.0100%8h0.1467−0.045%$4.1M$7.2M50xas long as short
Bybit APEUSDTshort+0.0100%8h0.1466−0.106%$3.6M$2.9M50x
OKX APE-USDT-SWAP+0.0100%8h0.1466−0.086%$1.3M$1.5M20xas long as short
Gate APE_USDT+0.0100%8h0.1466−0.086%$634K$313K50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC APE_USDT+0.0100%8h0.1466−0.086%$4.2M$827K50xas long as short
KuCoin APEUSDTM+0.0100%8h0.1466−0.086%$1.8M$4.0M50xas long as short
Bitget APEUSDT+0.0100%8h0.1466−0.086%$2.1M$607K25xas long as short
BingX APE-USDT+0.0100%8h0.1466−0.086%$13.0Mas long as short
Variational Omni APE+0.0100%8h0.1462−0.332%$5K$14Kas long as short
Extended APE-USD+0.0104%1h0.1467−0.050%$4K$208K10xas long as short
Hyperliquid APE+0.0152%1h0.1468+0.057%$1.3M$374K5xas long as short
Kraken Futures PF_APEUSDlong+0.0232%1h0.1467long leg$398K$692K20x
Deribit APE_USDC-PERPETUAL+0.0433%1h0.1466−0.086%$5K$24K25xas long as short
Coinbase International APE-PERP-INTX+0.1104%1h0.1484+1.141%$100K$8K25xas long as short