AR

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0241%/8h= +26.3% APRnext payment +$0.30 per $10,000 · paid last 24h +0.065%

Price spread now: ApeX Omni against GMX+0.499%7-day average −0.025% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on GMX Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.307%+$31 on $10k

Price spread, last 4 days (all we have)−1.368%−$137 · spread now +0.499%, 7d avg −0.025%

Together, before fees−1.062%−$106 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and ApeX Omni is 0.524% dearer against GMX than usual: you sell high and buy low: +$52 more if the spread goes back to its 7-day average of −0.025%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX AR/USD [WBTC.b-USDC]	4.4757	L −0.0141% / S +0.0551%	get 0.0018% / 1h	48m 41s	$575K	—	50x
Short	ApeX Omni ARUSDT	4.4980	0.0100	get 0.0013% / 1h	48m 41s	$20K	$722K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against GMX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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latest

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

Profit calculator

Position, each leg$Hold fordaysFee GMXbpFee ApeX OmnibpOrdersPrice spread, now +0.499%Rate

Funding earned: $50.52
Price spread: +0.499% → −0.025%: $52.38
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: $80.9
Costs to cover: 0.220%
Break-even: from the start

Slippage unknown: GMX: no order-book sample; ApeX Omni: live order book, 10 min ago. Net counts fees only.

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 GMX no order-book sample	—	—	—	—	—
Sell ApeX Omni live order book, 10 min ago	7.72 bp	15.6 bp −$16	119.9 bp −$1,199	doesn't fit	doesn't fit

GMX: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GMX AR/USD [WBTC.b-USDC]long	L −0.0141% / S +0.0551%	1h	4.4757	long leg	$575K	—	50x
OKX AR-USDT-SWAP	−0.0014%	8h	4.4770	+0.029%	$2.3M	$18.0M	20x	as long as short
Hyperliquid AR	+0.0100%	1h	4.4846	+0.199%	$4.0M	$4.4M	5x	as long as short
Aster ARUSDT	+0.0100%	8h	4.4841	+0.189%	$26K	$478K	10x	as long as short
Binance ARUSDT	+0.0100%	8h	4.4780	+0.052%	$8.8M	$50.1M	75x	as long as short
Bybit ARUSDT	+0.0100%	8h	4.4776	+0.043%	$4.6M	$8.2M	75x	as long as short
Gate AR_USDT	+0.0100%	8h	4.4790	+0.074%	$2.5M	$1.9M	50x	as long as short
MEXC AR_USDT	+0.0100%	8h	4.4790	+0.074%	$6.4M	$4.2M	100x	as long as short
KuCoin ARUSDTM	+0.0100%	8h	4.4780	+0.052%	$1.2M	$1.2M	50x	as long as short
Bitget ARUSDT	+0.0100%	8h	4.4780	+0.052%	$3.9M	$5.1M	75x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX AR-USDT	+0.0100%	8h	4.4780	+0.052%	—	$2.8M	—	as long as short
Variational Omni AR	+0.0100%	8h	4.4962	+0.459%	$233K	$242K	—	as long as short
ApeX Omni ARUSDTshort	+0.0100%	1h	4.4980	+0.499%	$20K	$722K	50x
Extended AR-USD	+0.0104%	1h	4.4768	+0.025%	$36K	$235K	10x	as long as short
BloFin AR-USDT	+0.0220%	8h	4.4800	+0.096%	$431K	$486K	20x	as long as short
Kraken Futures PF_ARUSD	+0.0693%	1h	4.4786	+0.065%	$60K	$160K	20x	as long as short
Injective AR/USDC PERP	+0.0854%	1h	4.5290	+1.191%	$548	$3K	5.5x	as long as short