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

AR

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Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0333%/8h= −36.4% APRnext payment $0.42 per $10,000 · paid last 24h +0.004%
Price spread now: ApeX Omni against Injective−0.452%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 −$10 a day on $10k at the current rate, and ApeX Omni is 0.452% cheaper against Injective than usual: you would sell low and buy high (−$45 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective AR/USDC PERP4.42400.0433pay 0.0054% / 1h11m 45s$2K$5K5.5x
ShortApeX Omni ARUSDT4.40400.0100get 0.0013% / 1h11m 45s$19K$713K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Injective. 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
−$69.84
Price spread: −0.452% → 0.000%
−$45.21
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$125.07
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Injective: no order-book sample; ApeX Omni: live order book, 42 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 Injective no order-book sample
Sell ApeX Omni live order book, 42 min ago6.76 bp14.9 bp −$15122.0 bp −$1,220doesn't fitdoesn't fit
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−0.1233%1h4.3755−1.096%$59K$143K20xas long as short
GMX AR/USD [WBTC.b-USDC]L −0.0141% / S +0.0551%1h4.3772−1.058%$563K50xas long as short
Aster ARUSDT+0.0100%8h4.3800−0.995%$30K$467K10xas long as short
Binance ARUSDT+0.0100%8h4.3804−0.984%$8.6M$50.3M75xas long as short
Bybit ARUSDT+0.0100%8h4.3781−1.038%$4.4M$8.5M75xas long as short
OKX AR-USDT-SWAP+0.0100%8h4.3810−0.972%$2.2M$17.3M20xas long as short
Gate AR_USDT+0.0100%8h4.3770−1.062%$2.4M$1.9M50xas long as short
MEXC AR_USDT+0.0100%8h4.3810−0.972%$6.0M$4.2M100xas long as short
KuCoin ARUSDTM+0.0100%8h4.3800−0.995%$1.1M$1.3M50xas long as short
Bitget ARUSDT+0.0100%8h4.3800−0.995%$3.8M$5.2M75xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX AR-USDT+0.0100%8h4.3810−0.972%$2.8Mas long as short
Variational Omni AR+0.0100%8h4.3977−0.594%$234K$414Kas long as short
ApeX Omni ARUSDTshort+0.0100%1h4.4040−0.452%$19K$713K50x
Extended AR-USD+0.0104%1h4.3757−1.091%$36K$237K10xas long as short
BloFin AR-USDT+0.0220%8h4.3840−0.904%$414K$471K20xas long as short
Hyperliquid AR+0.0267%1h4.3865−0.848%$3.7M$4.4M5xas long as short
Injective AR/USDC PERPlong+0.0433%1h4.4240long leg$2K$5K5.5x