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

APEX

all APEX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Variational Omni+0.054%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.054% dearer against Variational Omni than usual: you sell high and buy low, +$5 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni APEX0.25720.0100pay 0.0050% / 4h3h 43m$19K$6K
ShortBybit APEXUSDT0.25730.0100get 0.0050% / 4h3h 43m$3.6M$1.3M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Variational Omni. 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: +0.054% → 0.000%
$5.44
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$5.56
Costs to cover
0.110%
Break-even
never at this rate
Slippage unknown: Variational Omni: no order-book sample; Bybit: live order book, 4 min ago. 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 Variational Omni no order-book sample
Sell Bybit live order book, 4 min ago7.78 bp55.0 bp −$55484.4 bp −$4,844doesn't fitdoesn't fit
Variational Omni: 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-USDT+0.0091%4h0.2572+0.015%$93K$2K25xas long as short
Bybit APEXUSDTshort+0.0100%4h0.2573+0.054%$3.6M$1.3M25x
MEXC APEX_USDT+0.0100%4h0.2573+0.054%$599K$244K50xas long as short
BingX APEX-USDT+0.0100%4h0.2576+0.171%$1.3Mas long as short
Variational Omni APEXlong+0.0100%4h0.2572long leg$19K$6K
ApeX Omni APEXUSDT+0.0100%1h0.2571−0.023%$137K$464K50xas long as short
Lighter APEX+0.1656%1h0.2582+0.400%$54K$21K5xas long as short
Hyperliquid APEX+0.2080%1h0.2581+0.377%$2.9M$118K3xas long as short