Funding you earn now, next payment 22:00 UTC+0.0164%/8h= +18.0% APRnext payment +$0.20 per $10,000 · paid last 24h +0.085%
Price spread now: Coinbase International against ApeX Omni+0.134%7-day average +0.149% · you sell dearer than you buy
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$750.753% of the position
Funding, last 7 days+0.248%+$25 on $10k
+Price spread, last 3 days (all we have)+0.724%+$72 · spread now +0.134%, 7d avg +0.149%
=The price spread sits at its 7-day average of +0.149%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni ARBUSDT | 0.2235 | 0.0100 | pay 0.0013% / 1h | 22m 21s | $121K | $294K | 50x |
| Short | Coinbase International ARB-PERP-INTX | 0.2238 | 0.0264 | get 0.0033% / 1h | 22m 21s | $505K | $2.3M | 50x |
ApeX Omni ARBUSDT
Coinbase International ARB-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against ApeX Omni. 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
- $34.44
- Price spread: +0.134% → +0.149%
- −$1.5
- Slippage, 4 orders
- −$55.32
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$42.38
- Costs to cover
- 0.753%
- Break-even
- 15.6 days
Slippage from ApeX Omni: live order book, 60 min ago; Coinbase International: live order book, 1 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 ApeX Omni live order book, 60 min ago | 8.93 bp | 19.3 bp −$19 | 113.0 bp −$1,130 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 1 min ago | 4.47 bp | 13.9 bp −$14 | 30.3 bp −$303 | doesn't fit | doesn't fit |
ARB on 36 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 | −0.1770% | 1h | 0.2224 | −0.492% | $40K | $372K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0232% | 1h | 0.2239 | +0.183% | $7K | $2K | 10x | as long as short |
| SoDEX ARB-USD | −0.0189% | 1h | 0.2237 | +0.081% | $4K | $2.8M | 5x | as long as short |
| Variational Omni ARB | −0.0164% | 8h | 0.2235 | +0.012% | $1.9M | $2.8M | — | as long as short |
| Bybit ARBUSDT | −0.0148% | 8h | 0.2237 | +0.103% | $57.8M | $133.4M | 50x | as long as short |
| Polymarket Perps ARB-USD | −0.0124% | 1h | 0.2239 | +0.179% | $72K | $2.0M | 10x | as long as short |
| OKX ARB-USDT-SWAP | −0.0103% | 8h | 0.2238 | +0.134% | $22.5M | $161.0M | 50x | as long as short |
| MEXC ARB_USDT | −0.0102% | 8h | 0.2236 | +0.049% | $37.2M | $62.6M | 200x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0063% | 1h | 0.2238 | +0.130% | $26K | $32K | 25x | as long as short |
| Orderly PERP_ARB_USDC | −0.0036% | 8h | 0.2239 | +0.179% | $10K | $393K | 10x | as long as short |
Injective ARB/USDC PERP
01 Exchange ARBUSD
SoDEX ARB-USD
Variational Omni ARB
Bybit ARBUSDT
Polymarket Perps ARB-USD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Deribit ARB_USDC-PERPETUAL
Orderly PERP_ARB_USDCShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ARBUSDT | −0.0010% | 8h | 0.2238 | +0.143% | $64.0M | $317.3M | 75x | as long as short |
| Extended ARB-USD | −0.0008% | 1h | 0.2238 | +0.155% | $356K | $2.4M | 25x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2239 | +0.179% | $66K | $4K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2239 | +0.161% | $56K | — | 150x | as long as short |
| Gate ARB_USDT | +0.0029% | 8h | 0.2238 | +0.134% | $5.5M | $20.7M | 60x | as long as short |
| Bitget ARBUSDT | +0.0071% | 8h | 0.2235 | 0.000% | $20.9M | $37.2M | 50x | as long as short |
| BingX ARB-USDC | +0.0077% | 8h | 0.2237 | +0.076% | — | $6.5M | — | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2238 | +0.124% | $146K | $12K | 3x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0085% | 1h | 0.2239 | +0.164% | $1.1M | $5.1M | 50x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2240 | +0.206% | $1.3M | $7.4M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2242 | +0.309% | $40.1M | $50.6M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2239 | +0.193% | $696K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2239 | +0.197% | $45K | $193K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2240 | +0.246% | $20.6M | $16.5M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2235 | −0.011% | $40K | $461K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2235 | 0.000% | $485K | $3.9M | 10x | as long as short |
| ApeX Omni ARBUSDTlong | +0.0100% | 1h | 0.2235 | long leg | $121K | $294K | 50x | |
| SunX ARB-USDT | +0.0100% | 8h | 0.2238 | +0.134% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2237 | +0.089% | $276K | $1.1M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2237 | +0.089% | $5.2M | $13.5M | 50x | as long as short |
| BloFin ARB-USDT | +0.0110% | 8h | 0.2238 | +0.148% | $3.0M | $3.3M | 75x | as long as short |
| Coinbase International ARB-PERP-INTXshort | +0.0264% | 1h | 0.2238 | +0.134% | $505K | $2.3M | 50x | |
| GMX ARB/USD [ARB-USDC] | L +0.0274% / S −0.0156% | 1h | 0.2238 | +0.138% | $839K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2236 | +0.023% | $2K | $695 | 20x | as long as short |
| RISEx ARB/USDC | +0.0363% | 1h | 0.2241 | +0.273% | $495K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0617% | 1h | 0.2241 | +0.268% | $1.1M | $2.7M | 20x | as long as short |
Binance ARBUSDT
Extended ARB-USD
dYdX ARB-USD
gTrade (Gains Network) ARB/USD
Gate ARB_USDT
Bitget ARBUSDT
BingX ARB-USDC
Aevo ARB-PERP
Kraken Futures PF_ARBUSD
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
BloFin ARB-USDT
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
RISEx ARB/USDC
Backpack ARB_USDC_PERP