Funding you earn now, next payment 05:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h +0.047%
Price spread now: RISEx against ApeX Omni+0.284%54s7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$490.489% of the position
Funding, last 4 days (all we have)+0.289%+$29 on $10k
+Price spread, last 4 days (all we have)−0.414%−$41 · spread now +0.284%, 7d avg +0.003%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and RISEx is 0.281% dearer against ApeX Omni than usual: you sell high and buy low: +$28 more if the spread goes back to its 7-day average of +0.003%. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni ARBUSDT | 0.2192 | 0.0100 | pay 0.0013% / 1h | 29m 49s | $118K | $283K | 50x |
| Short | RISEx ARB/USDC | 0.2198 | 0.0118 | get 0.0015% / 1h | 29m 49s | $472K | $2.6M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx 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
- $3.84
- Price spread: +0.284% → +0.003%
- $28.12
- Slippage, 4 orders
- −$32.89
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- −$16.93
- Costs to cover
- 0.489%
- Break-even
- 37.8 days
Slippage from ApeX Omni: live order book, 22 min ago; RISEx: 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, 22 min ago | 9.11 bp | 18.0 bp −$18 | 107.5 bp −$1,075 | doesn't fit | doesn't fit |
| Sell RISEx live order book, 4 min ago | 1.14 bp | 4.1 bp −$4 | 15.7 bp −$157 | 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 | −0.1589% | 1h | 0.2184 | −0.365% | $39K | $372K | 12x | as long as short |
| Polymarket Perps ARB-USD | −0.0155% | 1h | 0.2198 | +0.274% | $69K | $2.1M | 10x | as long as short |
| MEXC ARB_USDT | −0.0106% | 8h | 0.2196 | +0.192% | $41.8M | $60.6M | 200x | as long as short |
| OKX ARB-USDT-SWAP | −0.0104% | 8h | 0.2195 | +0.146% | $22.1M | $142.9M | 50x | as long as short |
| Variational Omni ARB | −0.0098% | 8h | 0.2197 | +0.240% | $1.8M | $2.9M | — | as long as short |
| Orderly PERP_ARB_USDC | −0.0070% | 8h | 0.2198 | +0.274% | $12K | $407K | 10x | as long as short |
| Bybit ARBUSDT | −0.0056% | 8h | 0.2195 | +0.141% | $55.5M | $123.4M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0050% | 1h | 0.2199 | +0.318% | $1.1M | $4.4M | 50x | as long as short |
| Gate ARB_USDT | −0.0016% | 8h | 0.2196 | +0.196% | $5.3M | $18.1M | 60x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2197 | +0.210% | $65K | $5K | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange ARBUSD | 0.0000% | 1h | 0.2199 | +0.301% | $7K | $2K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2199 | +0.315% | $24K | $34K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0006% | 1h | 0.2199 | +0.327% | $32K | — | 150x | as long as short |
| Binance ARBUSDT | +0.0044% | 8h | 0.2196 | +0.198% | $64.0M | $299.4M | 75x | as long as short |
| Extended ARB-USD | +0.0048% | 1h | 0.2195 | +0.123% | $349K | $2.5M | 25x | as long as short |
| Bitget ARBUSDT | +0.0055% | 8h | 0.2194 | +0.091% | $20.8M | $33.9M | 50x | as long as short |
| BingX ARB-USDC | +0.0056% | 8h | 0.2197 | +0.224% | — | $6.5M | — | as long as short |
| Aevo ARB-PERP | +0.0088% | 1h | 0.2199 | +0.313% | $139K | $7K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2198 | +0.287% | $1.2M | $5.5M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2197 | +0.237% | $37.5M | $48.4M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2196 | +0.200% | $632K | $1.5M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2196 | +0.186% | $42K | $159K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2197 | +0.233% | $19.6M | $14.6M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2191 | −0.031% | $38K | $464K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2191 | −0.038% | $472K | $3.5M | 10x | as long as short |
| ApeX Omni ARBUSDTlong | +0.0100% | 1h | 0.2192 | long leg | $118K | $283K | 50x | |
| SunX ARB-USDT | +0.0100% | 8h | 0.2201 | +0.411% | $2K | $1.1M | 30x | as long as short |
| SoDEX ARB-USD | +0.0100% | 1h | 0.2198 | +0.283% | $10K | $2.2M | 5x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2198 | +0.297% | $298K | $884K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2198 | +0.274% | $4.9M | $12.8M | 50x | as long as short |
| RISEx ARB/USDCshort | +0.0118% | 1h | 0.2198 | +0.284% | $472K | $2.6M | 10x | |
| BloFin ARB-USDT | +0.0162% | 8h | 0.2198 | +0.287% | $3.1M | $2.5M | 75x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0256% | 1h | 0.2203 | +0.479% | $497K | $1.6M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0276% / S −0.0158% | 1h | 0.2199 | +0.326% | $830K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2198 | +0.253% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0570% | 1h | 0.2200 | +0.356% | $989K | $2.8M | 20x | as long as short |
ApeX Omni ARBUSDT
RISEx ARB/USDC
Injective ARB/USDC PERP
Polymarket Perps ARB-USD
MEXC ARB_USDT
OKX ARB-USDT-SWAP
Variational Omni ARB
Bybit ARBUSDT
Kraken Futures PF_ARBUSD
Gate ARB_USDT
01 Exchange ARBUSD
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Binance ARBUSDT
Extended ARB-USD
Bitget ARBUSDT
BingX ARB-USDC
Lighter ARB
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
Coinbase International ARB-PERP-INTX
GMX ARB/USD [ARB-USDC]
Backpack ARB_USDC_PERP