Funding arb · Price arb /

APE

all APE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: OKX against MEXC+0.095%7-day average −0.004% · you sell dearer than you buy

Net, funding: paid 7d − costs−$67as in the Funding arb table

Net, price: spread back to 7d avg − costs−$58as in the Price arb table

costs, in and out, $10k−$680.682% of the position

Long on MEXC Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.010%+$1 on $10k

Price spread, last 7 days−0.106%−$11 · spread now +0.095%, 7d avg −0.004%

Together, before fees−0.095%−$10 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: OKX is 0.099% dearer against MEXC than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.004%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC APE_USDT	0.1471	0.0100	pay 0.0100% / 8h	2h 06m	$4.2M	$878K	50x
Short	OKX APE-USDT-SWAP	0.1472	0.0100	get 0.0100% / 8h	2h 06m	$1.3M	$1.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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

Position, each leg$Hold fordaysFee MEXCbpFee OKXbpOrdersPrice spread, now +0.095%Rate

Funding earned: $0
Price spread: +0.095% → −0.004%: $9.89
Slippage, 4 orders: −$58.17
Fee MEXC: 0 bp × 2 orders: $0
Fee OKX: 5 bp × 2 orders: −$10
Net: −$58.27
Costs to cover: 0.682%
Break-even: never at this rate

Slippage from MEXC: live order book, 6 min ago; OKX: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy MEXC live order book, 6 min ago	3.40 bp	6.7 bp −$7	48.4 bp −$484	183.8 bp −$18.4K	230.5 bp −$115.3K
Sell OKX live order book, 5 min ago	2.04 bp	30.4 bp −$30	doesn't fit	doesn't fit	doesn't fit

APE on 20 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GMX APE/USD [APE-USDC]	L −0.0178% / S +0.0185%	1h	0.1470	−0.035%	$1K	—	100x	as long as short
Reya APERUSDPERP	0.0000%	1h	0.1235	−16.040%	—	—	—	as long as short
Kraken Futures PF_APEUSD	+0.0027%	1h	0.1474	+0.185%	$401K	$660K	20x	as long as short
Injective APE/USDC PERP	+0.0033%	1h	0.1378	−6.322%	$1K	$12K	5.5x	as long as short
BloFin APE-USDT	+0.0080%	8h	0.1471	0.000%	$212K	$59K	75x	as long as short
Hyperliquid APE	+0.0100%	1h	0.1474	+0.177%	$1.3M	$388K	5x	as long as short
Aster APEUSDT	+0.0100%	8h	0.1471	−0.002%	$122K	$20K	10x	as long as short
Binance APEUSDT	+0.0100%	8h	0.1471	0.000%	$4.1M	$7.2M	50x	as long as short
Bybit APEUSDT	+0.0100%	8h	0.1471	0.000%	$3.6M	$3.1M	50x	as long as short
OKX APE-USDT-SWAPshort	+0.0100%	8h	0.1472	+0.095%	$1.3M	$1.5M	20x

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate APE_USDT	+0.0100%	8h	0.1471	+0.020%	$636K	$321K	50x	as long as short
MEXC APE_USDTlong	+0.0100%	8h	0.1471	long leg	$4.2M	$878K	50x
KuCoin APEUSDTM	+0.0100%	8h	0.1471	0.000%	$1.8M	$3.7M	50x	as long as short
Bitget APEUSDT	+0.0100%	8h	0.1471	0.000%	$2.1M	$619K	25x	as long as short
BingX APE-USDT	+0.0100%	8h	0.1471	0.000%	—	$13.1M	—	as long as short
Variational Omni APE	+0.0100%	8h	0.1469	−0.157%	$7K	$12K	—	as long as short
Extended APE-USD	+0.0104%	1h	0.1471	−0.028%	$4K	$208K	10x	as long as short
dYdX APE-USD	+0.0133%	1h	0.1472	+0.041%	$9K	—	5x	as long as short
Deribit APE_USDC-PERPETUAL	+0.0430%	1h	0.1472	+0.068%	$9K	$21K	25x	as long as short
Coinbase International APE-PERP-INTX	+0.0936%	1h	0.1475	+0.272%	$99K	$8K	25x	as long as short