Funding you earn now, next payment 00:00 UTC+0.0178%/8h= +19.4% APRpaid last 24h −0.016%
Price spread now: BloFin against ApeX Omni−0.065%103s7-day average −0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$590.594% of the position
Funding, last 7 days+0.096%+$10 on $10k
+Price spread, last 3 days (all we have)+0.509%+$51 · spread now −0.065%, 7d avg −0.027%
=Funding pays, the price is against you. BloFin is 0.038% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.065% now, against its 7-day average of −0.027%). If the spread goes back, that is −$4 on $10k: about 17 hours of funding at the current rate (+$5 a day). At the pace of the last 7 days (+0.096% in total) that is about 2.8 days. The two prices were read 103 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni ARUSDT | 4.5840 | −0.0004 | get 0.0000% / 1h | 53m 29s | $58K | $747K | 50x |
| Short | BloFin AR-USDT | 4.5810 | 0.0174 | get 0.0174% / 8h | 53m 29s | $430K | $675K | 20x |
ApeX Omni ARUSDT
BloFin AR-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against ApeX Omni. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $37.28
- Price spread: −0.065% → −0.027%
- −$3.84
- Slippage, 4 orders
- −$37.38
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$25.94
- Costs to cover
- 0.594%
- Break-even
- 11.9 days
Slippage from ApeX Omni: live order book, 25 min ago; BloFin: live order book, 23 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy ApeX Omni live order book, 25 min ago | 5.51 bp | 15.2 bp −$15 | 130.5 bp −$1,305 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 23 min ago | 6.57 bp | 15.1 bp −$15 | 41.6 bp −$416 | doesn't fit | doesn't fit |
AR on 17 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ARUSD | −0.1963% | 1h | 4.5845 | +0.012% | $52K | $163K | 20x | as long as short |
| GMX AR/USD [WBTC.b-USDC] | L −0.0140% / S +0.0551% | 1h | 4.5909 | +0.151% | $590K | — | 50x | as long as short |
| ApeX Omni ARUSDTlong | −0.0004% | 1h | 4.5840 | long leg | $58K | $747K | 50x | |
| OKX AR-USDT-SWAP | +0.0009% | 8h | 4.5790 | −0.109% | $2.4M | $20.9M | 20x | as long as short |
| Injective AR/USDC PERP | +0.0033% | 1h | 4.5720 | −0.262% | $3K | $339 | 5.5x | as long as short |
| Binance ARUSDT | +0.0052% | 8h | 4.5823 | −0.036% | $9.1M | $55.7M | 75x | as long as short |
| MEXC AR_USDT | +0.0053% | 8h | 4.5830 | −0.022% | $6.8M | $4.4M | 100x | as long as short |
| Extended AR-USD | +0.0056% | 1h | 4.5831 | −0.021% | $37K | $237K | 10x | as long as short |
| Hyperliquid AR | +0.0100% | 1h | 4.5910 | +0.153% | $4.1M | $4.9M | 5x | as long as short |
| Aster ARUSDT | +0.0100% | 8h | 4.5811 | −0.063% | $20K | $611K | 10x | as long as short |
Kraken Futures PF_ARUSD
GMX AR/USD [WBTC.b-USDC]
OKX AR-USDT-SWAP
Injective AR/USDC PERP
Binance ARUSDT
MEXC AR_USDT
Extended AR-USD
Hyperliquid AR
Aster ARUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ARUSDT | +0.0100% | 8h | 4.5800 | −0.087% | $4.7M | $8.9M | 75x | as long as short |
| Gate AR_USDT | +0.0100% | 8h | 4.5830 | −0.022% | $2.6M | $2.3M | 50x | as long as short |
| KuCoin ARUSDTM | +0.0100% | 8h | 4.5840 | 0.000% | $1.4M | $1.2M | 50x | as long as short |
| Bitget ARUSDT | +0.0100% | 8h | 4.5820 | −0.044% | $3.9M | $5.6M | 75x | as long as short |
| BingX AR-USDT | +0.0100% | 8h | 4.5800 | −0.087% | — | $2.9M | — | as long as short |
| Variational Omni AR | +0.0100% | 8h | 4.5934 | +0.205% | $139K | $173K | — | as long as short |
| BloFin AR-USDTshort | +0.0174% | 8h | 4.5810 | −0.065% | $430K | $675K | 20x |
Bybit ARUSDT
Gate AR_USDT
KuCoin ARUSDTM
Bitget ARUSDT
BingX AR-USDT
Variational Omni AR