Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.001%
Price spread now: Phemex against ApeX Omni+0.506%7-day average −0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$740.737% of the position
Funding, last 7 days−0.102%−$10 on $10k
+Price spread, last 4 days (all we have)+0.036%+$4 · spread now +0.506%, 7d avg −0.011%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.517% dearer against ApeX Omni than usual: you sell high and buy low, +$52 on $10k if it goes back to its 7-day average of −0.011%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni ARBUSDT | 0.2173 | 0.0100 | pay 0.0013% / 1h | 37m 06s | $117K | $282K | 50x |
| Short | Phemex ARBUSDT | 0.2184 | 0.0100 | get 0.0100% / 8h | 2h 37m | $4.9M | $12.7M | 50x |
ApeX Omni ARBUSDT
Phemex ARBUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- $0
- Price spread: +0.506% → −0.011%
- $51.71
- Slippage, 4 orders
- −$51.74
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$22.03
- Costs to cover
- 0.737%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 10 min ago; Phemex: 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, 10 min ago | 9.18 bp | 19.7 bp −$20 | 111.7 bp −$1,117 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 2 min ago | 9.19 bp | 19.9 bp −$20 | 31.3 bp −$313 | 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 | 0.2168 | −0.230% | $39K | $372K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0176% | 1h | 0.2183 | +0.456% | $7K | $236 | 10x | as long as short |
| Polymarket Perps ARB-USD | −0.0122% | 1h | 0.2184 | +0.502% | $78K | $2.1M | 10x | as long as short |
| Variational Omni ARB | −0.0099% | 8h | 0.2171 | −0.106% | $1.7M | $3.0M | — | as long as short |
| MEXC ARB_USDT | −0.0087% | 8h | 0.2187 | +0.649% | $42.1M | $61.1M | 200x | as long as short |
| OKX ARB-USDT-SWAP | −0.0085% | 8h | 0.2187 | +0.653% | $21.6M | $142.9M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0074% | 1h | 0.2188 | +0.683% | $1.0M | $4.4M | 50x | as long as short |
| Bybit ARBUSDT | −0.0070% | 8h | 0.2186 | +0.584% | $54.2M | $123.8M | 50x | as long as short |
| Orderly PERP_ARB_USDC | −0.0055% | 8h | 0.2185 | +0.552% | $12K | $409K | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2184 | +0.496% | $65K | $5K | 10x | as long as short |
Injective ARB/USDC PERP
01 Exchange ARBUSD
Polymarket Perps ARB-USD
Variational Omni ARB
MEXC ARB_USDT
OKX ARB-USDT-SWAP
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 | 0.2187 | +0.626% | $23K | $33K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0009% | 1h | 0.2185 | +0.552% | $44K | — | 150x | as long as short |
| Bitget ARBUSDT | +0.0050% | 8h | 0.2187 | +0.644% | $20.9M | $34.3M | 50x | as long as short |
| Gate ARB_USDT | +0.0054% | 8h | 0.2187 | +0.635% | $5.4M | $18.1M | 60x | as long as short |
| Extended ARB-USD | +0.0072% | 1h | 0.2186 | +0.620% | $348K | $2.8M | 25x | as long as short |
| BingX ARB-USDC | +0.0072% | 8h | 0.2187 | +0.640% | — | $6.5M | — | as long as short |
| Binance ARBUSDT | +0.0074% | 8h | 0.2187 | +0.655% | $62.7M | $300.0M | 75x | as long as short |
| RISEx ARB/USDC | +0.0086% | 1h | 0.2184 | +0.525% | $441K | $2.6M | 10x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2187 | +0.621% | $1.2M | $5.5M | 15x | as long as short |
| Aevo ARB-PERP | +0.0096% | 1h | 0.2186 | +0.621% | $139K | $7K | 3x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2188 | +0.690% | $36.7M | $48.6M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2186 | +0.621% | $630K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2183 | +0.479% | $42K | $160K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2187 | +0.658% | $19.5M | $14.4M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2173 | −0.002% | $38K | $462K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2172 | −0.045% | $470K | $3.5M | 10x | as long as short |
| ApeX Omni ARBUSDTlong | +0.0100% | 1h | 0.2173 | long leg | $117K | $282K | 50x | |
| SunX ARB-USDT | +0.0100% | 8h | 0.2191 | +0.828% | $1K | $1.1M | 30x | as long as short |
| SoDEX ARB-USD | +0.0100% | 1h | 0.2187 | +0.649% | $10K | $2.2M | 5x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2188 | +0.667% | $292K | $894K | 50x | as long as short |
| Phemex ARBUSDTshort | +0.0100% | 8h | 0.2184 | +0.506% | $4.9M | $12.7M | 50x | |
| BloFin ARB-USDT | +0.0194% | 8h | 0.2186 | +0.584% | $3.0M | $2.4M | 75x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0276% / S −0.0158% | 1h | 0.2185 | +0.546% | $825K | — | 150x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0288% | 1h | 0.2185 | +0.552% | $503K | $1.6M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2184 | +0.514% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0688% | 1h | 0.2191 | +0.810% | $982K | $2.8M | 20x | as long as short |
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Bitget ARBUSDT
Gate ARB_USDT
Extended ARB-USD
BingX ARB-USDC
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
BloFin ARB-USDT
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP