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

APEX

all APEX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: ApeX Omni against MEXC0.000%7-day average +0.550% · you sell dearer than you buy
Net, funding: paid 7d − costs−$340as in the Funding arb table
Net, price: spread back to 7d avg − costs−$397as in the Price arb table
costs, in and out, $10k−$3423.417% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.014%+$1 on $10k
Price spread, last 4 days (all we have)+0.797%+$80 · spread now 0.000%, 7d avg +0.550%
Together, before fees+0.810%+$81 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: ApeX Omni is 0.550% cheaper against MEXC than usual: you would sell low and buy high, −$55 on $10k if it goes back to its 7-day average of +0.550%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC APEX_USDT0.26300.0100pay 0.0050% / 4h1h 19m$615K$246K50x
ShortApeX Omni APEXUSDT0.26300.0100get 0.0013% / 1h19m 21s$135K$356K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against MEXC. 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: 0.000% → +0.550%
−$54.98
Slippage, 4 orders
−$327.74
Fee MEXC: 2 bp × 2 orders
−$4
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$396.72
Costs to cover
3.417%
Break-even
never at this rate
Slippage from MEXC: live order book, 16 min ago; ApeX Omni: live order book, 23 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 MEXC live order book, 16 min ago7.64 bp23.0 bp −$23115.4 bp −$1,154781.3 bp −$78.1Kdoesn't fit
Sell ApeX Omni live order book, 23 min ago64.96 bp131.2 bp −$131doesn't fitdoesn't fitdoesn't fit

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%4h0.2629−0.038%$3.7M$1.3M25xas long as short
MEXC APEX_USDTlong+0.0100%4h0.2630long leg$615K$246K50x
BingX APEX-USDT+0.0100%4h0.2629−0.038%$1.3Mas long as short
Variational Omni APEX+0.0100%4h0.2635+0.192%$20K$5Kas long as short
ApeX Omni APEXUSDTshort+0.0100%1h0.26300.000%$135K$356K50x
BloFin APEX-USDT+0.0132%4h0.2633+0.114%$94K$3K25xas long as short
Hyperliquid APEX+0.0789%1h0.2635+0.194%$3.0M$110K3xas long as short
Lighter APEX+0.2048%1h0.2640+0.380%$60K$24K5xas long as short