Funding you earn now, next payment 08:00 UTC−0.0023%/8h= −2.5% APRnext payment −$0.23 per $10,000 · paid last 24h +0.004%
Price spread now: BloFin against OKX−0.123%73s7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$960.962% of the position
Funding, last 7 days+0.012%+$1 on $10k
+Price spread, last 4 days (all we have)−0.020%−$2 · spread now −0.123%, 7d avg 0.000%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.123% cheaper against OKX than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of 0.000%). Swap the legs. The two prices were read 73 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX APE-USDT-SWAP | 0.1469 | 0.0100 | pay 0.0100% / 8h | 1h 50m | $1.3M | $1.5M | 20x |
| Short | BloFin APE-USDT | 0.1467 | 0.0077 | get 0.0077% / 8h | 1h 50m | $216K | $59K | 75x |
OKX APE-USDT-SWAP
BloFin APE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against OKX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$4.76
- Price spread: −0.123% → 0.000%
- −$12.28
- Slippage, 4 orders
- −$74.2
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$113.24
- Costs to cover
- 0.962%
- Break-even
- never at this rate
Slippage from OKX: live order book, 2 min ago; BloFin: live order book, 17 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 OKX live order book, 2 min ago | 2.38 bp | 28.6 bp −$29 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 17 min ago | 3.40 bp | 9.4 bp −$9 | 36.7 bp −$367 | 244.0 bp −$24.4K | 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 | +0.080% | $1K | — | 100x | as long as short |
| Reya APERUSDPERP | 0.0000% | 1h | 0.1235 | −15.915% | — | — | — | as long as short |
| Injective APE/USDC PERP | +0.0033% | 1h | 0.1378 | −6.182% | $1K | $12K | 5.5x | as long as short |
| BloFin APE-USDTshort | +0.0077% | 8h | 0.1467 | −0.123% | $216K | $59K | 75x | |
| Hyperliquid APE | +0.0100% | 1h | 0.1472 | +0.245% | $1.3M | $388K | 5x | as long as short |
| Aster APEUSDT | +0.0100% | 8h | 0.1470 | +0.066% | $122K | $20K | 10x | as long as short |
| Binance APEUSDT | +0.0100% | 8h | 0.1470 | +0.083% | $4.1M | $7.2M | 50x | as long as short |
| Bybit APEUSDT | +0.0100% | 8h | 0.1469 | +0.014% | $3.6M | $3.1M | 50x | as long as short |
| OKX APE-USDT-SWAPlong | +0.0100% | 8h | 0.1469 | long leg | $1.3M | $1.5M | 20x | |
| Gate APE_USDT | +0.0100% | 8h | 0.1470 | +0.075% | $636K | $314K | 50x | as long as short |
GMX APE/USD [APE-USDC]
Reya APERUSDPERP
Injective APE/USDC PERP
Hyperliquid APE
Aster APEUSDT
Binance APEUSDT
Bybit APEUSDT
Gate APE_USDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC APE_USDT | +0.0100% | 8h | 0.1470 | +0.082% | $4.2M | $870K | 50x | as long as short |
| KuCoin APEUSDTM | +0.0100% | 8h | 0.1469 | +0.014% | $1.8M | $3.7M | 50x | as long as short |
| Bitget APEUSDT | +0.0100% | 8h | 0.1470 | +0.082% | $2.1M | $621K | 25x | as long as short |
| BingX APE-USDT | +0.0100% | 8h | 0.1470 | +0.082% | — | $13.1M | — | as long as short |
| Variational Omni APE | +0.0100% | 8h | 0.1467 | −0.139% | $7K | $12K | — | as long as short |
| Extended APE-USD | +0.0104% | 1h | 0.1470 | +0.057% | $8K | $208K | 10x | as long as short |
| dYdX APE-USD | +0.0160% | 1h | 0.1467 | −0.146% | $9K | — | 5x | as long as short |
| Kraken Futures PF_APEUSD | +0.0184% | 1h | 0.1471 | +0.149% | $401K | $663K | 20x | as long as short |
| Deribit APE_USDC-PERPETUAL | +0.0430% | 1h | 0.1471 | +0.150% | $9K | $21K | 25x | as long as short |
| Coinbase International APE-PERP-INTX | +0.1024% | 1h | 0.1477 | +0.558% | $100K | $8K | 25x | as long as short |
MEXC APE_USDT
KuCoin APEUSDTM
Bitget APEUSDT
BingX APE-USDT
Variational Omni APE
Extended APE-USD
dYdX APE-USD
Kraken Futures PF_APEUSD
Deribit APE_USDC-PERPETUAL
Coinbase International APE-PERP-INTX