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

APE

all APE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0285%/8h= −31.2% APRpaid last 24h −0.078%
Price spread now: GMX against MEXC−0.066%7-day average · you buy dearer than you sell
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 against this trade now: funding costs −$9 a day on $10k at the current rate, and GMX is 0.066% cheaper against MEXC than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC APE_USDT0.14570.0100pay 0.0100% / 8h1h 48m$3.8M$843K50x
ShortGMX APE/USD [APE-USDC]0.1456L −0.0178% / S +0.0185%pay 0.0023% / 1h48m 43s$1K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against MEXC. 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
−$59.77
Price spread: −0.066% → 0.000%
−$6.59
Slippage, 4 orders
no order book: not counted
Fee MEXC: 0 bp × 2 orders
$0
Fee GMX: 6 bp × 2 orders
−$12
Net
−$78.36
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: MEXC: live order book, 4 min ago; GMX: no order-book sample. 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 MEXC live order book, 4 min ago3.43 bp3.4 bp −$327.6 bp −$276186.8 bp −$18.7K230.4 bp −$115.2K
Sell GMX no order-book sample
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
Kraken Futures PF_APEUSD−0.0429%1h0.1456−0.046%$409K$571K20xas long as short
GMX APE/USD [APE-USDC]shortL −0.0178% / S +0.0185%1h0.1456−0.066%$1K100x
Reya APERUSDPERP0.0000%1h0.1235−15.237%as long as short
Injective APE/USDC PERP+0.0033%1h0.1378−5.422%$1K$12K5.5xas long as short
BloFin APE-USDT+0.0080%8h0.1458+0.069%$222K$48K75xas long as short
Hyperliquid APE+0.0100%1h0.1458+0.075%$1.3M$364K5xas long as short
Aster APEUSDT+0.0100%8h0.14570.000%$121K$22K10xas long as short
Binance APEUSDT+0.0100%8h0.14570.000%$4.1M$6.2M50xas long as short
Bybit APEUSDT+0.0100%8h0.1457+0.021%$3.7M$2.5M50xas long as short
OKX APE-USDT-SWAP+0.0100%8h0.1457+0.021%$1.3M$1.3M20xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate APE_USDT+0.0100%8h0.1458+0.069%$629K$290K50xas long as short
MEXC APE_USDTlong+0.0100%8h0.1457long leg$3.8M$843K50x
KuCoin APEUSDTM+0.0100%8h0.1456−0.069%$1.8M$1.8M50xas long as short
Bitget APEUSDT+0.0100%8h0.14570.000%$2.1M$537K25xas long as short
BingX APE-USDT+0.0100%8h0.14570.000%$13.4Mas long as short
Variational Omni APE+0.0100%8h0.1457−0.026%$7K$12Kas long as short
Extended APE-USD+0.0104%1h0.1457−0.014%$4K$220K10xas long as short
Deribit APE_USDC-PERPETUAL+0.0437%1h0.14570.000%$11K$18K25xas long as short
Coinbase International APE-PERP-INTX+0.0688%1h0.1470+0.892%$99K$7K25xas long as short
dYdX APE-USD+0.0829%1h0.1457−0.002%$9K$55xas long as short