ARB

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0190%/8h= −20.8% APRnext payment −$0.24 per $10,000 · paid last 24h −0.001%

Price spread now: ApeX Omni against Aevo+0.009%70s7-day average −0.030% · you sell dearer than you buy

Net, funding: paid 7d − costs−$184as 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−$1851.855% of the position

Long on Aevo Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.011%+$1 on $10k

Price spread, last 3 days (all we have)−0.559%−$56 · spread now +0.009%, 7d avg −0.030%

Together, before fees−0.548%−$55 on $10k · with fees, hour by hour

The price spread pays, funding is against you. ApeX Omni is 0.039% dearer against Aevo than usual: you sell high and buy low (spread +0.009% now, against its 7-day average of −0.030%): +$4 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 16 hours. The two prices were read 70 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.011% in total (about 0.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.24 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo ARB-PERP	0.2214	0.0080	pay 0.0010% / 1h	27m 41s	$140K	$7K	3x
Short	ApeX Omni ARBUSDT	0.2214	−0.0110	pay 0.0014% / 1h	27m 41s	$119K	$293K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Aevo. 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

Position, each leg$Hold fordaysFee AevobpFee ApeX OmnibpOrdersPrice spread, now +0.009%Rate

Funding earned: −$39.82
Price spread: +0.009% → −0.030%: $3.88
Slippage, 4 orders: −$159.49
Fee Aevo: 8 bp × 2 orders: −$16
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$221.43
Costs to cover: 1.855%
Break-even: never at this rate

Slippage from Aevo: live order book, 41 min ago; ApeX Omni: live order book, 40 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 Aevo live order book, 41 min ago	39.70 bp	71.9 bp −$72	doesn't fit	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 40 min ago	11.05 bp	21.9 bp −$22	119.7 bp −$1,197	doesn't fit	doesn't fit

ARB on 35 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
Injective ARB/USDC PERP	−0.1692%	1h	0.2203	−0.488%	$40K	$372K	12x	as long as short
01 Exchange ARBUSD	−0.0248%	1h	0.2212	−0.082%	$7K	$2K	10x	as long as short
SoDEX ARB-USD	−0.0218%	1h	0.2212	−0.073%	$10K	$2.5M	5x	as long as short
Variational Omni ARB	−0.0172%	8h	0.2211	−0.131%	$1.9M	$2.9M	—	as long as short
OKX ARB-USDT-SWAP	−0.0117%	8h	0.2211	−0.122%	$22.3M	$156.4M	50x	as long as short
MEXC ARB_USDT	−0.0114%	8h	0.2211	−0.122%	$40.0M	$59.7M	200x	as long as short
ApeX Omni ARBUSDTshort	−0.0110%	1h	0.2214	+0.009%	$119K	$293K	50x
Gate ARB_USDT	−0.0073%	8h	0.2212	−0.073%	$5.4M	$19.8M	60x	as long as short
Bybit ARBUSDT	−0.0072%	8h	0.2212	−0.073%	$56.7M	$129.0M	50x	as long as short
Orderly PERP_ARB_USDC	−0.0059%	8h	0.2213	−0.037%	$13K	$382K	10x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ARBUSDT	−0.0002%	8h	0.2211	−0.127%	$64.5M	$318.1M	75x	as long as short
dYdX ARB-USD	0.0000%	1h	0.2214	+0.023%	$66K	$5K	10x	as long as short
Extended ARB-USD	0.0000%	1h	0.2210	−0.187%	$353K	$2.5M	25x	as long as short
Deribit ARB_USDC-PERPETUAL	0.0000%	1h	0.2213	−0.014%	$24K	$34K	25x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0011%	1h	0.2213	−0.014%	$10K	—	150x	as long as short
Aevo ARB-PERPlong	+0.0080%	1h	0.2214	long leg	$140K	$7K	3x
Lighter ARB	+0.0096%	1h	0.2212	−0.068%	$1.2M	$7.4M	15x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2213	−0.037%	$38.2M	$51.4M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2212	−0.077%	$659K	$1.7M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2215	+0.045%	$42K	$186K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2213	−0.055%	$19.6M	$15.8M	75x	as long as short
Bitget ARBUSDT	+0.0100%	8h	0.2211	−0.127%	$21.2M	$36.3M	50x	as long as short
BingX ARB-USDT	+0.0100%	8h	0.2211	−0.118%	—	$54.5M	—	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2211	−0.148%	$40K	$460K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2212	−0.070%	$471K	$3.7M	10x	as long as short
Polymarket Perps ARB-USD	+0.0100%	1h	0.2213	−0.050%	$76K	$2.1M	10x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2212	−0.082%	$1K	$1.1M	30x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2212	−0.068%	$297K	$1.0M	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	0.2212	−0.082%	$5.0M	$13.0M	50x	as long as short
Coinbase International ARB-PERP-INTX	+0.0240%	1h	0.2215	+0.054%	$507K	$2.1M	50x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0273% / S −0.0155%	1h	0.2214	−0.009%	$826K	—	150x	as long as short
Reya ARBRUSDPERP	+0.0290%	1h	0.2211	−0.120%	$2K	$695	20x	as long as short
Kraken Futures PF_ARBUSD	+0.0312%	1h	0.2214	−0.014%	$1.1M	$4.7M	50x	as long as short
RISEx ARB/USDC	+0.0466%	1h	0.2214	−0.004%	$473K	$2.7M	10x	as long as short
Backpack ARB_USDC_PERP	+0.0520%	1h	0.2216	+0.081%	$998K	$2.9M	20x	as long as short