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%/8hnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against OKX+0.035%7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$169as in the Funding arb table
Net, price: spread back to 7d avg − costs−$171as in the Price arb table
costs, in and out, $10k−$1751.748% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.053%+$5 on $10k
Price spread, last 3 days (all we have)0.000%$0 · spread now +0.035%, 7d avg +0.001%
Together, before fees+0.053%+$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 0.034% dearer against OKX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.001%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX APE-USDT-SWAP0.14410.0100pay 0.0100% / 8h4h 06m$1.2M$1.3M20x
ShortGate APE_USDT0.14420.0100get 0.0100% / 8h4h 06m$619K$294K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against OKX. 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: +0.035% → +0.001%
$3.35
Slippage, 4 orders
−$149.8
Fee OKX: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$171.44
Costs to cover
1.748%
Break-even
never at this rate
Slippage from OKX: live order book, 5 min ago; Gate: live order book, 24 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 OKX live order book, 5 min ago1.04 bp27.5 bp −$27doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 24 min ago6.27 bp63.8 bp −$64244.4 bp −$2,444doesn'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%1h0.1442+0.024%$1K100xas long as short
Reya APERUSDPERP0.0000%1h0.1235−14.309%as long as short
Injective APE/USDC PERP+0.0033%1h0.1378−4.385%$1K$12K5.5xas long as short
dYdX APE-USD+0.0046%1h0.1442+0.066%$9K$55xas long as short
BloFin APE-USDT+0.0072%8h0.1439−0.153%$225K$50K75xas long as short
Hyperliquid APE+0.0100%1h0.1442+0.090%$1.2M$377K5xas long as short
Aster APEUSDT+0.0100%8h0.1441+0.001%$120K$21K10xas long as short
Binance APEUSDT+0.0100%8h0.1441−0.012%$4.1M$6.1M50xas long as short
Bybit APEUSDT+0.0100%8h0.1441−0.035%$3.5M$2.5M50xas long as short
OKX APE-USDT-SWAPlong+0.0100%8h0.1441long leg$1.2M$1.3M20x
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate APE_USDTshort+0.0100%8h0.1442+0.035%$619K$294K50x
MEXC APE_USDT+0.0100%8h0.1440−0.083%$3.7M$860K50xas long as short
KuCoin APEUSDTM+0.0100%8h0.1441−0.014%$1.8M$2.0M50xas long as short
Bitget APEUSDT+0.0100%8h0.1442+0.056%$2.1M$534K25xas long as short
BingX APE-USDT+0.0100%8h0.1441−0.014%$13.6Mas long as short
Variational Omni APE+0.0100%8h0.1440−0.056%$7K$12Kas long as short
Extended APE-USD+0.0104%1h0.1441+0.013%$4K$220K10xas long as short
Kraken Futures PF_APEUSD+0.0373%1h0.1442+0.030%$402K$579K20xas long as short
Deribit APE_USDC-PERPETUAL+0.0443%1h0.1443+0.125%$13K$18K25xas long as short
Coinbase International APE-PERP-INTX+0.0664%1h0.1445+0.264%$97K$7K25xas long as short