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

APE

all APE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.005%
Price spread now: Gate against KuCoin+0.083%7-day average +0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$145as in the Funding arb table
Net, price: spread back to 7d avg − costs−$139as in the Price arb table
costs, in and out, $10k−$1431.434% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.017%−$2 on $10k
Price spread, last 4 days (all we have)−0.034%−$3 · spread now +0.083%, 7d avg +0.043%
Together, before fees−0.051%−$5 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: Gate is 0.040% dearer against KuCoin than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.043%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin APEUSDTM0.14540.0100pay 0.0100% / 8h1h 59m$1.8M$1.8M50x
ShortGate APE_USDT0.14550.0100get 0.0100% / 8h1h 59m$628K$290K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against KuCoin. 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: +0.083% → +0.043%
$3.98
Slippage, 4 orders
−$116.4
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$139.42
Costs to cover
1.434%
Break-even
never at this rate
Slippage from KuCoin: live order book, 7 min ago; Gate: live order book, 22 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 KuCoin live order book, 7 min ago6.88 bp50.8 bp −$51151.0 bp −$1,510doesn't fitdoesn't fit
Sell Gate live order book, 22 min ago8.19 bp21.2 bp −$21199.4 bp −$1,994doesn'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%1h0.1457+0.192%$1K100xas long as short
Reya APERUSDPERP0.0000%1h0.1235−15.062%as long as short
Deribit APE_USDC-PERPETUAL0.0000%1h0.1457+0.206%$11K$18K25xas long as short
Injective APE/USDC PERP+0.0033%1h0.1378−5.227%$1K$12K5.5xas long as short
dYdX APE-USD+0.0089%1h0.1453−0.037%$9K$55xas long as short
Hyperliquid APE+0.0100%1h0.1457+0.172%$1.3M$370K5xas long as short
Aster APEUSDT+0.0100%8h0.1455+0.082%$121K$22K10xas long as short
Binance APEUSDT+0.0100%8h0.1455+0.069%$4.1M$6.1M50xas long as short
Bybit APEUSDT+0.0100%8h0.1455+0.083%$3.6M$2.5M50xas long as short
OKX APE-USDT-SWAP+0.0100%8h0.1454+0.028%$1.3M$1.3M20xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate APE_USDTshort+0.0100%8h0.1455+0.083%$628K$290K50x
MEXC APE_USDT+0.0100%8h0.1455+0.069%$3.8M$838K50xas long as short
KuCoin APEUSDTMlong+0.0100%8h0.1454long leg$1.8M$1.8M50x
Bitget APEUSDT+0.0100%8h0.1456+0.138%$2.1M$538K25xas long as short
BingX APE-USDT+0.0100%8h0.1456+0.138%$13.4Mas long as short
Variational Omni APE+0.0100%8h0.1457+0.213%$7K$12Kas long as short
Extended APE-USD+0.0104%1h0.1455+0.057%$4K$220K10xas long as short
BloFin APE-USDT+0.0112%8h0.1457+0.206%$223K$48K75xas long as short
Kraken Futures PF_APEUSD+0.0156%1h0.1456+0.144%$409K$571K20xas long as short
Coinbase International APE-PERP-INTX+0.0648%1h0.1470+1.100%$99K$7K25xas long as short