Funding you earn now, next payment 00:00 UTC−0.0036%/8h= −4.0% APRpaid last 24h −0.007%
Price spread now: ApeX Omni against BingX+0.195%68s7-day average +0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$71as 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−$680.676% of the position
Funding, last 7 days−0.030%−$3 on $10k
+Price spread, last 3 days (all we have)−0.102%−$10 · spread now +0.195%, 7d avg +0.037%
=The price spread pays, funding is against you. ApeX Omni is 0.158% dearer against BingX than usual: you sell high and buy low (spread +0.195% now, against its 7-day average of +0.037%): +$16 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 14 days. At the pace of the last 7 days (−0.030% in total) that is about 37 days. The two prices were read 68 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 | BingX AR-USDT | 4.6210 | 0.0100 | pay 0.0100% / 8h | 8m 16s | — | $2.9M | — |
| Short | ApeX Omni ARUSDT | 4.6300 | 0.0064 | get 0.0008% / 1h | 8m 16s | $23K | $764K | 50x |
BingX AR-USDT
ApeX Omni ARUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against BingX. 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
- −$7.66
- Price spread: +0.195% → +0.037%
- $15.82
- Slippage, 4 orders
- −$47.64
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$59.48
- Costs to cover
- 0.676%
- Break-even
- never at this rate
Slippage from BingX: live order book, 1 min ago; ApeX Omni: live order book, 6 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 BingX live order book, 1 min ago | 4.33 bp | 18.4 bp −$18 | 37.3 bp −$373 | 344.3 bp −$34.4K | 726.8 bp −$363.4K |
| Sell ApeX Omni live order book, 6 min ago | 6.49 bp | 16.4 bp −$16 | 124.4 bp −$1,244 | 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 | −0.1948% | 1h | 4.6209 | −0.003% | $52K | $163K | 20x | as long as short |
| GMX AR/USD [WBTC.b-USDC] | L −0.0140% / S +0.0551% | 1h | 4.6256 | +0.099% | $594K | — | 50x | as long as short |
| OKX AR-USDT-SWAP | −0.0079% | 8h | 4.6150 | −0.130% | $2.4M | $21.1M | 20x | as long as short |
| Binance ARUSDT | +0.0007% | 8h | 4.6220 | +0.022% | $9.3M | $55.6M | 75x | as long as short |
| Extended AR-USD | +0.0008% | 1h | 4.6211 | +0.002% | $38K | $237K | 10x | as long as short |
| MEXC AR_USDT | +0.0008% | 8h | 4.6230 | +0.043% | $6.7M | $4.5M | 100x | as long as short |
| Injective AR/USDC PERP | +0.0033% | 1h | 4.5720 | −1.060% | $3K | $339 | 5.5x | as long as short |
| BloFin AR-USDT | +0.0033% | 8h | 4.6270 | +0.130% | $441K | $682K | 20x | as long as short |
| ApeX Omni ARUSDTshort | +0.0064% | 1h | 4.6300 | +0.195% | $23K | $764K | 50x | |
| Hyperliquid AR | +0.0100% | 1h | 4.6312 | +0.221% | $4.3M | $4.9M | 5x | as long as short |
Kraken Futures PF_ARUSD
GMX AR/USD [WBTC.b-USDC]
OKX AR-USDT-SWAP
Binance ARUSDT
Extended AR-USD
MEXC AR_USDT
Injective AR/USDC PERP
BloFin AR-USDT
Hyperliquid ARShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ARUSDT | +0.0100% | 8h | 4.6286 | +0.163% | $20K | $606K | 10x | as long as short |
| Bybit ARUSDT | +0.0100% | 8h | 4.6187 | −0.050% | $4.6M | $8.8M | 75x | as long as short |
| Gate AR_USDT | +0.0100% | 8h | 4.6260 | +0.108% | $2.6M | $2.3M | 50x | as long as short |
| KuCoin ARUSDTM | +0.0100% | 8h | 4.6230 | +0.043% | $1.5M | $1.2M | 50x | as long as short |
| Bitget ARUSDT | +0.0100% | 8h | 4.6200 | −0.022% | $4.0M | $5.7M | 75x | as long as short |
| BingX AR-USDTlong | +0.0100% | 8h | 4.6210 | long leg | — | $2.9M | — | |
| Variational Omni AR | +0.0100% | 8h | 4.6108 | −0.220% | $143K | $176K | — | as long as short |
Aster ARUSDT
Bybit ARUSDT
Gate AR_USDT
KuCoin ARUSDTM
Bitget ARUSDT
Variational Omni AR