Funding you earn now, next payment 06:00 UTC−0.0194%/8h= −21.2% APRpaid last 24h −0.044%
Price spread now: OKX against ApeX Omni−0.110%7-day average −0.076% · you buy dearer than you sell
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$590.595% of the position
Funding, last 7 days−0.205%−$20 on $10k
+Price spread, last 4 days (all we have)−0.139%−$14 · spread now −0.110%, 7d avg −0.076%
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and OKX is 0.033% cheaper against ApeX Omni than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.076%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni ARBUSDT | 0.2185 | 0.0100 | pay 0.0013% / 1h | 55m 18s | $118K | $283K | 50x |
| Short | OKX ARB-USDT-SWAP | 0.2183 | −0.0094 | pay 0.0094% / 8h | 2h 55m | $21.7M | $142.6M | 50x |
ApeX Omni ARBUSDT
OKX ARB-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$40.65
- Price spread: −0.110% → −0.076%
- −$3.34
- Slippage, 4 orders
- −$39.5
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$103.48
- Costs to cover
- 0.595%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 57 min ago; OKX: live order book, 4 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, 57 min ago | 9.11 bp | 18.0 bp −$18 | 107.5 bp −$1,075 | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 0.23 bp | 8.9 bp −$9 | 27.4 bp −$274 | 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 | −0.1581% | 1h | 0.2174 | −0.503% | $39K | $372K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0200% | 1h | 0.2180 | −0.233% | $7K | $819 | 10x | as long as short |
| Polymarket Perps ARB-USD | −0.0179% | 1h | 0.2180 | −0.233% | $78K | $2.1M | 10x | as long as short |
| Variational Omni ARB | −0.0095% | 8h | 0.2182 | −0.130% | $1.8M | $3.0M | — | as long as short |
| OKX ARB-USDT-SWAPshort | −0.0094% | 8h | 0.2183 | −0.110% | $21.7M | $142.6M | 50x | |
| MEXC ARB_USDT | −0.0093% | 8h | 0.2181 | −0.192% | $41.1M | $60.1M | 200x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0075% | 1h | 0.2184 | −0.051% | $1.1M | $4.4M | 50x | as long as short |
| Bybit ARBUSDT | −0.0061% | 8h | 0.2180 | −0.215% | $54.3M | $123.7M | 50x | as long as short |
| Orderly PERP_ARB_USDC | −0.0059% | 8h | 0.2182 | −0.137% | $13K | $407K | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2184 | −0.055% | $65K | $5K | 10x | as long as short |
Injective ARB/USDC PERP
01 Exchange ARBUSD
Polymarket Perps ARB-USD
Variational Omni ARB
MEXC ARB_USDT
Kraken Futures PF_ARBUSD
Bybit ARBUSDT
Orderly PERP_ARB_USDC
dYdX ARB-USDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2183 | −0.082% | $24K | $31K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0009% | 1h | 0.2182 | −0.153% | $44K | — | 150x | as long as short |
| Gate ARB_USDT | +0.0019% | 8h | 0.2181 | −0.174% | $5.4M | $18.0M | 60x | as long as short |
| Bitget ARBUSDT | +0.0048% | 8h | 0.2180 | −0.229% | $20.8M | $34.1M | 50x | as long as short |
| BingX ARB-USDT | +0.0070% | 8h | 0.2181 | −0.165% | — | $53.7M | — | as long as short |
| Extended ARB-USD | +0.0072% | 1h | 0.2181 | −0.168% | $348K | $2.8M | 25x | as long as short |
| Binance ARBUSDT | +0.0073% | 8h | 0.2184 | −0.032% | $62.8M | $300.7M | 75x | as long as short |
| RISEx ARB/USDC | +0.0086% | 1h | 0.2182 | −0.158% | $442K | $2.6M | 10x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2182 | −0.119% | $1.2M | $5.5M | 15x | as long as short |
| Aevo ARB-PERP | +0.0096% | 1h | 0.2183 | −0.104% | $138K | $7K | 3x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2182 | −0.142% | $36.9M | $48.8M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2184 | −0.058% | $629K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2182 | −0.119% | $42K | $160K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2182 | −0.142% | $19.5M | $14.5M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2184 | −0.063% | $39K | $462K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2185 | −0.015% | $475K | $3.5M | 10x | as long as short |
| ApeX Omni ARBUSDTlong | +0.0100% | 1h | 0.2185 | long leg | $118K | $283K | 50x | |
| SunX ARB-USDT | +0.0100% | 8h | 0.2185 | 0.000% | $2K | $1.1M | 30x | as long as short |
| SoDEX ARB-USD | +0.0100% | 1h | 0.2183 | −0.092% | $10K | $2.2M | 5x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2184 | −0.059% | $295K | $887K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2182 | −0.137% | $4.9M | $12.8M | 50x | as long as short |
| BloFin ARB-USDT | +0.0193% | 8h | 0.2184 | −0.064% | $3.0M | $2.5M | 75x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0277% / S −0.0160% | 1h | 0.2182 | −0.155% | $829K | — | 150x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0288% | 1h | 0.2185 | 0.000% | $500K | $1.6M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2179 | −0.252% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0688% | 1h | 0.2187 | +0.096% | $981K | $2.8M | 20x | as long as short |
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Gate ARB_USDT
Bitget ARBUSDT
BingX ARB-USDT
Extended ARB-USD
Binance ARBUSDT
RISEx ARB/USDC
Lighter ARB
Aevo ARB-PERP
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
SunX ARB-USDT
SoDEX ARB-USD
HTX ARB-USDT
Phemex ARBUSDT
BloFin ARB-USDT
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP