# APE funding rates and arbitrage

Updated 2026-11-11 23:47 UTC · https://afterfees.xyz/coin/APE

## Best APE arbitrage after every cost

No APE pair nets a profit at this size right now.

_At $10,000 per side, held 7 days, after taker fees, order-book slippage and carry._

## APE funding rate on every exchange

| Exchange | Contract | Rate | Every | Annualised | Settled 7d, annualised | Open interest | Next settlement |
|---|---|---|---|---|---|---|---|
| [Kraken](https://afterfees.xyz/venues/kraken) | PF_APEUSD | 0.0017% | 1 h | +14.6% | −3.4% | $272.3K | 2026-11-12 00:00 |
| [Bybit](https://afterfees.xyz/venues/bybit) | APEUSDT | 0.0100% | 8 h | +10.9% | +6.7% | $2.3M | 2026-11-12 00:00 |
| [Bitget](https://afterfees.xyz/venues/bitget) | APEUSDT | 0.0100% | 8 h | +10.9% | +11.0% | $1.6M | 2026-11-12 00:00 |
| [BingX](https://afterfees.xyz/venues/bingx) | APE-USDT | 0.0100% | 8 h | +10.9% | +11.0% | $525.1K | 2026-11-12 00:00 |
| [Aster](https://afterfees.xyz/venues/aster) | APEUSDT | 0.0100% | 8 h | +10.9% | +11.0% | $100.6K | 2026-11-12 00:00 |
| [Hyperliquid](https://afterfees.xyz/venues/hyperliquid) | APE | 0.0013% | 1 h | +10.9% | +6.8% | $755.2K | 2026-11-12 00:00 |
| [Variational](https://afterfees.xyz/venues/variational) | APE-PERP | 0.0100% | 8 h | +10.9% | +11.1% | $12.3K | 2026-11-12 00:00 |
| [KuCoin](https://afterfees.xyz/venues/kucoin) | APEUSDTM | 0.0025% | 8 h | +2.7% | −1.2% | $967.4K | 2026-11-12 00:00 |
| [WhiteBIT](https://afterfees.xyz/venues/whitebit) | APE_PERP | 0.0016% | 8 h | +1.7% | +11.0% | $866.8K | 2026-11-12 00:00 |
| [Bitfinex](https://afterfees.xyz/venues/bitfinex) | tAPEF0:USTF0 | 0.0000% | 8 h | 0.0% | — | $12.8K | 2026-11-12 00:00 |
| [Binance](https://afterfees.xyz/venues/binance) | APEUSDT | -0.0054% | 8 h | −5.9% | +6.4% | $3.6M | 2026-11-12 00:00 |
| [MEXC](https://afterfees.xyz/venues/mexc) | APE_USDT | -0.0056% | 8 h | −6.1% | +6.3% | $1.7M | 2026-11-12 00:00 |
| [Extended](https://afterfees.xyz/venues/extended) | APE-USD | -0.0007% | 1 h | −6.1% | +6.3% | $3.2K | 2026-11-12 00:00 |
| [WOO X](https://afterfees.xyz/venues/woox) | PERP_APE_USDT | -0.0057% | 8 h | −6.2% | +6.4% | $706 | 2026-11-12 00:00 |
| [LBank](https://afterfees.xyz/venues/lbank) | APEUSDT | -0.0063% | 8 h | −6.9% | +11.1% | — | 2026-11-12 00:00 |
| [BloFin](https://afterfees.xyz/venues/blofin) | APE-USDT | -0.0067% | 8 h | −7.4% | +7.6% | $172.8K | 2026-11-12 00:00 |
| [Bitunix](https://afterfees.xyz/venues/bitunix) | APEUSDT | -0.0068% | 8 h | −7.5% | +6.7% | — | 2026-11-12 00:00 |
| [Gate](https://afterfees.xyz/venues/gate) | APE_USDT | -0.0075% | 8 h | −8.2% | +10.3% | $187.7K | 2026-11-12 00:00 |
| [OKX](https://afterfees.xyz/venues/okx) | APE-USDT-SWAP | -0.0113% | 8 h | −12.4% | +1.5% | $1M | 2026-11-12 00:00 |
| [Crypto.com](https://afterfees.xyz/venues/cryptocom) | APEUSD-PERP | -0.0115% | 1 h | −100.9% | −3.1% | $2.8K | 2026-11-12 00:00 |

## Borrow APE to sell spot

| Exchange | Borrow APR | Per-account limit |
|---|---|---|
| Bitget | 3.36% | — |
| Bybit | 10.02% | — |
| OKX | 11.41% | — |
| Binance | 16.99% | — |
| Gate | 20.82% | $30K |

## Cost to enter $10,000 of APE

| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| Variational | APE-PERP | 4.7 bp | top of book only |
| MEXC | APE_USDT | 5.2 bp | top of book only |
| OKX | APE-USDT-SWAP | 5.5 bp | top of book only |
| Extended | APE-USD | 7.2 bp | top of book only |
| Bybit | APEUSDT | 8.1 bp | top of book only |
| Gate | APE_USDT | 9.6 bp | top of book only |
| Binance | APEUSDT | 10.2 bp | top of book only |
| BingX | APE-USDT | 10.2 bp | top of book only |
| KuCoin | APEUSDTM | 11.2 bp | top of book only |
| Aster | APEUSDT | 14.5 bp | top of book only |
| Bybit | APEUSDT (spot) | 14.7 bp | top of book only |
| Bitget | APEUSDT (spot) | 15.2 bp | top of book only |

_Taker fee plus slippage of a market buy of $10,000 from the mid price, at standard (VIP0) fees._

## More on APE

- [Borrow APE: rates on every exchange](https://afterfees.xyz/borrow/APE)

## Questions

**Is APE funding-rate arbitrage profitable right now?**

Not at $10,000 per side for 7 days: no APE pair shows a verified profit after fees and order-book slippage right now. Rates change every hour; the live page re-ranks continuously.

**Which exchange has the highest APE funding rate?**

Kraken at +14.6% a year (0.0017% every 1 h); the lowest is Crypto.com at −100.9%. A positive rate is paid by longs to shorts, a negative one by shorts to longs.

_The method behind every number on AfterFees is published; Pro opens each figure into its line-by-line calculation. Estimates from current data, not investment advice. We never hold funds or trade for you._