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

APE

all APE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.1024%/8h= +112.1% APRnext payment +$1.28 per $10,000 · paid last 24h
Price spread now: Coinbase International against Reya+19.591%7-day average · you sell dearer than you buy
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 7 daysno history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$31 a day on $10k at the current rate, and Coinbase International is 19.591% dearer against Reya than usual: you sell high and buy low: +$1,959 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya APERUSDPERP0.12350get 0.0000% / 1h47m 07s
ShortCoinbase International APE-PERP-INTX0.14770.1024get 0.0128% / 1h47m 07s$100K$8K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Reya. 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
$215.04
Price spread: +19.591% → 0.000%
$1,959.08
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$2,158.12
Costs to cover
0.160%
Break-even
from the start
Slippage unknown: Reya: no order-book sample; Coinbase International: live order book, 56 min ago. 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 Reya no order-book sample
Sell Coinbase International live order book, 56 min ago13.59 bp38.8 bp −$39doesn't fitdoesn't fitdoesn't fit
Reya: 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
GMX APE/USD [APE-USDC]L −0.0178% / S +0.0185%1h0.1468+18.851%$1K100xas long as short
Reya APERUSDPERPlong0.0000%1h0.1235long leg
Injective APE/USDC PERP+0.0033%1h0.1378+11.575%$1K$12K5.5xas long as short
Hyperliquid APE+0.0100%1h0.1471+19.073%$1.3M$388K5xas long as short
Aster APEUSDT+0.0100%8h0.1468+18.858%$122K$20K10xas long as short
Binance APEUSDT+0.0100%8h0.1468+18.862%$4.1M$7.2M50xas long as short
Bybit APEUSDT+0.0100%8h0.1468+18.862%$3.6M$3.1M50xas long as short
OKX APE-USDT-SWAP+0.0100%8h0.1469+18.935%$1.3M$1.5M20xas long as short
Gate APE_USDT+0.0100%8h0.1469+18.943%$636K$314K50xas long as short
MEXC APE_USDT+0.0100%8h0.1469+18.943%$4.2M$870K50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin APEUSDTM+0.0100%8h0.1469+18.943%$1.8M$3.7M50xas long as short
Bitget APEUSDT+0.0100%8h0.1468+18.862%$2.1M$612K25xas long as short
BingX APE-USDT+0.0100%8h0.1468+18.862%$13.1Mas long as short
Variational Omni APE+0.0100%8h0.1467+18.761%$7K$12Kas long as short
Extended APE-USD+0.0104%1h0.1469+18.981%$8K$208K10xas long as short
BloFin APE-USDT+0.0128%8h0.1469+18.943%$216K$59K75xas long as short
dYdX APE-USD+0.0136%1h0.1468+18.896%$9K5xas long as short
Kraken Futures PF_APEUSD+0.0185%1h0.1469+18.958%$401K$664K20xas long as short
Deribit APE_USDC-PERPETUAL+0.0431%1h0.1469+18.943%$9K$21K25xas long as short
Coinbase International APE-PERP-INTXshort+0.1024%1h0.1477+19.591%$100K$8K25x