Funding arb · Price arb /

ARB

all ARB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0094%/8h= +10.3% APRpaid last 24h −0.012%

Price spread now: Gate against ApeX Omni−0.674%7-day average −0.049% · you buy dearer than you sell

Net, funding: paid 7d − costs−$88as in the Funding arb table

Net, price: spread back to 7d avg − costs−$135as in the Price arb table

costs, in and out, $10k−$730.729% of the position

Long on ApeX Omni Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.152%−$15 on $10k

Price spread, last 4 days (all we have)+0.198%+$20 · spread now −0.674%, 7d avg −0.049%

Together, before fees+0.045%+$5 on $10k · with fees, hour by hour

Funding pays, the price is against you. Gate is 0.625% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.674% now, against its 7-day average of −0.049%). If the spread goes back, that is −$62 on $10k: about 22 days of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.152%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni ARBUSDT	0.2226	−0.0156	get 0.0020% / 1h	31m 21s	$120K	$296K	50x
Short	Gate ARB_USDT	0.2211	−0.0062	pay 0.0062% / 8h	6h 31m	$5.4M	$19.8M	60x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 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 ApeX OmnibpFee GatebpOrdersPrice spread, now −0.674%Rate

Funding earned: $19.76
Price spread: −0.674% → −0.049%: −$62.48
Slippage, 4 orders: −$47.92
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$115.65
Costs to cover: 0.729%
Break-even: 48.0 days

Slippage from ApeX Omni: live order book, 36 min ago; Gate: live order book, 2 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, 36 min ago	11.05 bp	20.0 bp −$20	109.3 bp −$1,093	doesn't fit	doesn't fit
Sell Gate live order book, 2 min ago	1.80 bp	14.9 bp −$15	27.0 bp −$270	96.7 bp −$9,669	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	0.2212	−0.629%	$40K	$372K	12x	as long as short
01 Exchange ARBUSD	−0.0240%	1h	0.2212	−0.651%	$7K	$2K	10x	as long as short
SoDEX ARB-USD	−0.0223%	1h	0.2212	−0.620%	$10K	$2.5M	5x	as long as short
Deribit ARB_USDC-PERPETUAL	−0.0202%	1h	0.2213	−0.606%	$24K	$34K	25x	as long as short
Variational Omni ARB	−0.0176%	8h	0.2226	+0.018%	$1.9M	$2.9M	—	as long as short
ApeX Omni ARBUSDTlong	−0.0156%	1h	0.2226	long leg	$120K	$296K	50x
OKX ARB-USDT-SWAP	−0.0114%	8h	0.2211	−0.683%	$22.3M	$156.7M	50x	as long as short
MEXC ARB_USDT	−0.0112%	8h	0.2210	−0.696%	$40.2M	$59.6M	200x	as long as short
Bybit ARBUSDT	−0.0065%	8h	0.2212	−0.633%	$56.8M	$129.0M	50x	as long as short
Gate ARB_USDTshort	−0.0062%	8h	0.2211	−0.674%	$5.4M	$19.8M	60x

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_ARB_USDC	−0.0059%	8h	0.2213	−0.584%	$12K	$381K	10x	as long as short
dYdX ARB-USD	0.0000%	1h	0.2214	−0.554%	$65K	$5K	10x	as long as short
Binance ARBUSDT	+0.0002%	8h	0.2211	−0.669%	$64.5M	$318.0M	75x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0011%	1h	0.2212	−0.610%	$10K	—	150x	as long as short
Extended ARB-USD	+0.0008%	1h	0.2210	−0.723%	$353K	$2.5M	25x	as long as short
Aevo ARB-PERP	+0.0080%	1h	0.2216	−0.469%	$141K	$7K	3x	as long as short
Lighter ARB	+0.0096%	1h	0.2212	−0.629%	$1.2M	$7.4M	15x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2213	−0.588%	$38.2M	$50.9M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2211	−0.668%	$658K	$1.7M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2214	−0.556%	$42K	$188K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2212	−0.620%	$19.6M	$15.8M	75x	as long as short
Bitget ARBUSDT	+0.0100%	8h	0.2212	−0.629%	$21.1M	$36.2M	50x	as long as short
BingX ARB-USDT	+0.0100%	8h	0.2211	−0.678%	—	$54.6M	—	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2225	−0.056%	$40K	$463K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2219	−0.320%	$480K	$3.7M	10x	as long as short
Polymarket Perps ARB-USD	+0.0100%	1h	0.2212	−0.624%	$76K	$2.1M	10x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2215	−0.494%	$1K	$1.1M	30x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2214	−0.539%	$298K	$1.0M	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	0.2213	−0.584%	$5.0M	$13.0M	50x	as long as short
Coinbase International ARB-PERP-INTX	+0.0240%	1h	0.2219	−0.314%	$508K	$2.1M	50x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0273% / S −0.0155%	1h	0.2217	−0.421%	$828K	—	150x	as long as short
Reya ARBRUSDPERP	+0.0290%	1h	0.2211	−0.688%	$2K	$695	20x	as long as short
Kraken Futures PF_ARBUSD	+0.0312%	1h	0.2213	−0.579%	$1.1M	$4.7M	50x	as long as short
RISEx ARB/USDC	+0.0466%	1h	0.2213	−0.606%	$469K	$2.6M	10x	as long as short
Backpack ARB_USDC_PERP	+0.0537%	1h	0.2216	−0.467%	$998K	$2.9M	20x	as long as short