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

APEX

all APEX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0035%/8h= −3.8% APRnext payment $0.17 per $10,000 · paid last 24h +0.002%
Price spread now: BloFin against Bybit+0.313%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 days−0.009%−$1 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. BloFin is 0.313% dearer against Bybit than usual: you sell high and buy low (spread +0.313% now, against zero (this spread has no 7-day history yet)): +$31 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 30 days. At the pace of the last 7 days (−0.009% in total) that is about 8 months.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit APEXUSDT0.25530.0100pay 0.0050% / 4h3h 23m$3.6M$1.3M25x
ShortBloFin APEX-USDT0.25610.0065get 0.0033% / 4h3h 23m$94K$3K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Bybit. 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
−$7.28
Price spread: +0.313% → 0.000%
$31.34
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BloFin: 6 bp × 2 orders
−$12
Net
$1.06
Costs to cover
0.230%
Break-even
from the start
Slippage unknown: Bybit: live order book, 4 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 Bybit live order book, 4 min ago3.91 bp71.5 bp −$721085.4 bp −$10.9Kdoesn't fitdoesn't fit
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
BloFin APEX-USDTshort+0.0065%4h0.2561+0.313%$94K$3K25x
Bybit APEXUSDTlong+0.0100%4h0.2553long leg$3.6M$1.3M25x
MEXC APEX_USDT+0.0100%4h0.25530.000%$582K$247K50xas long as short
BingX APEX-USDT+0.0100%4h0.25530.000%$1.3Mas long as short
Variational Omni APEX+0.0100%4h0.2558+0.197%$19K$6Kas long as short
ApeX Omni APEXUSDT+0.0100%1h0.2584+1.214%$138K$422K50xas long as short
Hyperliquid APEX+0.0936%1h0.2559+0.223%$2.9M$113K3xas long as short
Lighter APEX+0.1328%1h0.2565+0.458%$58K$22K5xas long as short