data as of
Settings8H · net · $10k
Price arb /

APEX

all APEX markets
SwapFunding view
Alert
Spread before costs (cost unknown: a leg has no order-book sample)+0.328%
7d average+0.318%if it closes, per $10,000$33funding while held, a day+$80.69
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit APEXUSDT0.25310.0100pay 0.0050% / 4h3h 30m$3.5M$1.2M25x
ShortHyperliquid APEX0.25390.2790get 0.0349% / 1h30m 59s$2.9M$124K3x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
$32.79
Funding while held
$80.69
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$93.48
Spread needed to break even
0.200%
Slippage unknown: Bybit: live order book, 3 min ago; Hyperliquid: live order book, 2 min ago. Net counts fees only.

Cost of waiting

funding view
Funding /8h
+0.2690%
Per $10,000 a day
+$80.69
Average in range /8h

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, 3 min ago9.87 bp58.3 bp −$58649.0 bp −$6,490doesn't fitdoesn't fit
Sell Hyperliquid live order book, 2 min ago4.92 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

APEX price on every exchange

against the cheapest. Click to use as the short leg.

APEX on 8 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Bybit APEXUSDTlong0.000%+0.0100%4h$3.5M$1.2M25x
MEXC APEX_USDT+0.079%+0.0100%4h$588K$217K50xas long as short
BingX APEX-USDT+0.119%+0.0100%4h$1.3Mas long as short
Lighter APEX+0.277%+0.1504%1h$53K$18K5xas long as short
Hyperliquid APEXshort+0.328%+0.2790%1h$2.9M$124K3x
Variational Omni APEX+0.667%+0.0100%4h$16K$3Kas long as short
BloFin APEX-USDT+0.830%+0.0116%4h$95K$1K25xas long as short
ApeX Omni APEXUSDT+1.422%+0.0100%1h$137K$480K50xas long as short