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

AR

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0030%/8h= −3.3% APRnext payment $0.04 per $10,000 · paid last 24h +0.014%
Price spread now: Injective against ApeX Omni−1.253%7-day average · you buy dearer than you sell
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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Injective is 1.253% cheaper against ApeX Omni than usual: you would sell low and buy high (−$125 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni ARUSDT4.63000.0064pay 0.0008% / 1h7m 56s$23K$764K50x
ShortInjective AR/USDC PERP4.57200.0033get 0.0004% / 1h7m 56s$3K$3395.5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$6.34
Price spread: −1.253% → 0.000%
−$125.27
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$141.63
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: ApeX Omni: live order book, 6 min ago; Injective: 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 ApeX Omni live order book, 6 min ago6.49 bp13.5 bp −$14117.6 bp −$1,176doesn't fitdoesn't fit
Sell Injective no order-book sample
Injective: 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.

AR on 17 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
Kraken Futures PF_ARUSD−0.1948%1h4.6209−0.197%$52K$163K20xas long as short
GMX AR/USD [WBTC.b-USDC]L −0.0140% / S +0.0551%1h4.6256−0.096%$594K50xas long as short
OKX AR-USDT-SWAP−0.0079%8h4.6200−0.216%$2.4M$21.1M20xas long as short
Binance ARUSDT+0.0007%8h4.6219−0.174%$9.3M$55.6M75xas long as short
Extended AR-USD+0.0008%1h4.6206−0.204%$38K$237K10xas long as short
MEXC AR_USDT+0.0008%8h4.6210−0.194%$6.7M$4.5M100xas long as short
Injective AR/USDC PERPshort+0.0033%1h4.5720−1.253%$3K$3395.5x
BloFin AR-USDT+0.0033%8h4.6270−0.065%$441K$682K20xas long as short
ApeX Omni ARUSDTlong+0.0064%1h4.6300long leg$23K$764K50x
Hyperliquid AR+0.0100%1h4.6319+0.041%$4.3M$4.9M5xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ARUSDT+0.0100%8h4.6285−0.031%$20K$606K10xas long as short
Bybit ARUSDT+0.0100%8h4.6210−0.194%$4.6M$8.8M75xas long as short
Gate AR_USDT+0.0100%8h4.6250−0.108%$2.6M$2.3M50xas long as short
KuCoin ARUSDTM+0.0100%8h4.6220−0.173%$1.5M$1.2M50xas long as short
Bitget ARUSDT+0.0100%8h4.6200−0.216%$4.0M$5.7M75xas long as short
BingX AR-USDT+0.0100%8h4.6220−0.173%$2.9Mas long as short
Variational Omni AR+0.0100%8h4.6108−0.414%$143K$176Kas long as short