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

APEX

all APEX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0014%/8h= +1.6% APRnext payment +$0.07 per $10,000 · paid last 24h −0.005%
Price spread now: BloFin against BingX+0.117%111s7-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 days−0.011%−$1 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and BloFin is 0.117% dearer against BingX than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 111 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX APEX-USDT0.25550.0100pay 0.0050% / 4h2h 07m$1.3M
ShortBloFin APEX-USDT0.25580.0114get 0.0057% / 4h2h 07m$93K$2K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against BingX. 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
$3.03
Price spread: +0.117% → 0.000%
$11.74
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$7.22
Costs to cover
0.220%
Break-even
23.7 days
Slippage unknown: BingX: live order book, 8 min ago; BloFin: 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 BingX live order book, 8 min ago25.34 bp56.7 bp −$57269.8 bp −$2,698747.8 bp −$74.8K964.3 bp −$482.1K
Sell BloFin no order-book sample
BloFin: 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.

APEX on 8 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
Bybit APEXUSDT+0.0100%4h0.25550.000%$3.6M$1.3M25xas long as short
MEXC APEX_USDT+0.0100%4h0.25550.000%$591K$253K50xas long as short
BingX APEX-USDTlong+0.0100%4h0.2555long leg$1.3M
Variational Omni APEX+0.0100%4h0.2558+0.134%$17K$4Kas long as short
ApeX Omni APEXUSDT+0.0100%1h0.25550.000%$136K$472K50xas long as short
BloFin APEX-USDTshort+0.0114%4h0.2558+0.117%$93K$2K25x
Hyperliquid APEX+0.1524%1h0.2565+0.391%$2.9M$117K3xas long as short
Lighter APEX+0.1664%1h0.2565+0.380%$54K$21K5xas long as short