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

AR

all AR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0484%/8h= −52.9% APRpaid last 24h +0.014%
Price spread now: ApeX Omni against Variational Omni−0.127%7-day average +0.147% · 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 3 days (all we have)+0.148%+$15 on $10k
Price spread, last 4 days (all we have)+0.502%+$50 · spread now −0.127%, 7d avg +0.147%
Together, before fees+0.650%+ Points / potential airdropVariational Omni: Active · farm board+$65 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and ApeX Omni is 0.274% cheaper against Variational Omni than usual: you would sell low and buy high (−$27 if the spread goes back to its 7-day average of +0.147%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.148%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.148% in total (about 15.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni AR4.52480.0100pay 0.0100% / 8h4h 53m$234K$242K
ShortApeX Omni ARUSDT4.5190−0.0384pay 0.0048% / 1h53m 07s$20K$721K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Variational 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
−$101.54
Price spread: −0.127% → +0.147%
−$27.44
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$138.98
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 6 min ago; ApeX Omni: live order book, 6 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 Variational Omni RFQ quote, 6 min ago4.91 bpdoesn't fit147.9 bp −$1,479doesn't fitdoesn't fit
Sell ApeX Omni live order book, 6 min ago7.72 bp15.6 bp −$16119.9 bp −$1,199doesn't fitdoesn't fit

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
ApeX Omni ARUSDTshort−0.0384%1h4.5190−0.127%$20K$721K50x
GMX AR/USD [WBTC.b-USDC]L −0.0141% / S +0.0551%1h4.5031−0.478%$579K50xas long as short
OKX AR-USDT-SWAP−0.0019%8h4.5040−0.459%$2.3M$18.2M20xas long as short
Hyperliquid AR+0.0100%1h4.5093−0.342%$4.0M$4.4M5xas long as short
Aster ARUSDT+0.0100%8h4.5027−0.487%$27K$483K10xas long as short
Binance ARUSDT+0.0100%8h4.5040−0.459%$8.9M$50.3M75xas long as short
Bybit ARUSDT+0.0100%8h4.5039−0.461%$4.6M$8.2M75xas long as short
Gate AR_USDT+0.0100%8h4.5000−0.547%$2.5M$1.9M50xas long as short
MEXC AR_USDT+0.0100%8h4.5050−0.437%$6.4M$4.2M100xas long as short
KuCoin ARUSDTM+0.0100%8h4.5000−0.547%$1.2M$1.2M50xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget ARUSDT+0.0100%8h4.5030−0.481%$3.9M$5.1M75xas long as short
BingX AR-USDT+0.0100%8h4.5010−0.525%$2.8Mas long as short
Variational Omni ARlong+0.0100%8h4.5248long leg$234K$242K
Extended AR-USD+0.0104%1h4.4996−0.556%$37K$235K10xas long as short
BloFin AR-USDT+0.0220%8h4.5050−0.437%$431K$488K20xas long as short
Kraken Futures PF_ARUSD+0.0690%1h4.5015−0.515%$61K$160K20xas long as short
Injective AR/USDC PERP+0.0854%1h4.5290+0.094%$548$3K5.5xas long as short