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+0.0037%/8h= +4.1% APRnext payment +$0.19 per $10,000 · paid last 24h +0.002%
Price spread now: BloFin against MEXC+0.229%49s7-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
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.229% dearer against MEXC than usual: you sell high and buy low: +$23 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC APEX_USDT0.26150.0100pay 0.0050% / 4h1h 28m$610K$245K50x
ShortBloFin APEX-USDT0.26210.0137get 0.0069% / 4h1h 28m$94K$3K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$7.81
Price spread: +0.229% → 0.000%
$22.94
Slippage, 4 orders
no order book: not counted
Fee MEXC: 2 bp × 2 orders
−$4
Fee BloFin: 6 bp × 2 orders
−$12
Net
$14.76
Costs to cover
0.160%
Break-even
from the start
Slippage unknown: MEXC: live order book, 7 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 MEXC live order book, 7 min ago7.64 bp23.0 bp −$23115.4 bp −$1,154781.3 bp −$78.1Kdoesn'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
Bybit APEXUSDT+0.0100%4h0.2614−0.038%$3.7M$1.3M25xas long as short
MEXC APEX_USDTlong+0.0100%4h0.2615long leg$610K$245K50x
BingX APEX-USDT+0.0100%4h0.26150.000%$1.3Mas long as short
Variational Omni APEX+0.0100%4h0.2620+0.193%$19K$5Kas long as short
ApeX Omni APEXUSDT+0.0100%1h0.2612−0.115%$139K$362K50xas long as short
BloFin APEX-USDTshort+0.0137%4h0.2621+0.229%$94K$3K25x
Hyperliquid APEX+0.0861%1h0.2621+0.214%$3.0M$110K3xas long as short
Lighter APEX+0.1928%1h0.2626+0.417%$59K$24K5xas long as short