Funding arb · Price arb /

ARB

all ARB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0103%/8h= +11.2% APRpaid last 24h +0.007%

Price spread now: ApeX Omni against Binance−0.339%79s7-day average +0.022% · you buy dearer than you sell

Net, funding: paid 7d − costs−$45as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$570.571% of the position

Long on Binance Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.121%+$12 on $10k

Price spread, last 3 days (all we have)+0.579%+$58 · spread now −0.339%, 7d avg +0.022%

Together, before fees+0.700%+$70 on $10k · with fees, hour by hour

Funding pays, the price is against you. ApeX Omni is 0.362% cheaper against Binance than usual: you would sell low and buy high (spread −0.339% now, against its 7-day average of +0.022%). If the spread goes back, that is −$36 on $10k: about 12 days of funding at the current rate (+$3 a day). The two prices were read 79 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	Binance ARBUSDT	0.2269	−0.0003	get 0.0003% / 8h	4m 07s	$66.8M	$313.2M	75x
Short	ApeX Omni ARBUSDT	0.2261	0.0100	get 0.0013% / 1h	4m 07s	$122K	$295K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Binance. 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 BinancebpFee ApeX OmnibpOrdersPrice spread, now −0.339%Rate

Funding earned: $21.57
Price spread: −0.339% → +0.022%: −$36.16
Slippage, 4 orders: −$37.14
Fee Binance: 5 bp × 2 orders: −$10
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$71.73
Costs to cover: 0.571%
Break-even: 30.3 days

Slippage from Binance: live order book, 9 min ago; ApeX Omni: live order book, 8 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 Binance live order book, 9 min ago	0.22 bp	6.9 bp −$7	17.9 bp −$179	73.2 bp −$7,322	doesn't fit
Sell ApeX Omni live order book, 8 min ago	11.02 bp	20.2 bp −$20	106.6 bp −$1,066	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	−0.1785%	1h	0.2249	−0.868%	$41K	$372K	12x	as long as short
Polymarket Perps ARB-USD	−0.0221%	1h	0.2269	−0.004%	$67K	$2.0M	10x	as long as short
01 Exchange ARBUSD	−0.0208%	1h	0.2268	−0.022%	$7K	$2K	10x	as long as short
Variational Omni ARB	−0.0196%	8h	0.2255	−0.593%	$2.0M	$2.8M	—	as long as short
Bybit ARBUSDT	−0.0180%	8h	0.2268	−0.048%	$58.4M	$128.0M	50x	as long as short
SoDEX ARB-USD	−0.0171%	1h	0.2268	−0.040%	$4K	$2.6M	5x	as long as short
OKX ARB-USDT-SWAP	−0.0112%	8h	0.2269	+0.013%	$22.9M	$159.5M	50x	as long as short
MEXC ARB_USDT	−0.0111%	8h	0.2269	0.000%	$38.5M	$60.2M	200x	as long as short
Orderly PERP_ARB_USDC	−0.0042%	8h	0.2268	−0.031%	$12K	$394K	10x	as long as short
Gate ARB_USDT	−0.0015%	8h	0.2269	+0.018%	$5.4M	$20.3M	60x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ARBUSDTlong	−0.0003%	8h	0.2269	long leg	$66.8M	$313.2M	75x
dYdX ARB-USD	0.0000%	1h	0.2269	−0.006%	$67K	$4K	10x	as long as short
Extended ARB-USD	0.0000%	1h	0.2267	−0.067%	$361K	$2.3M	25x	as long as short
Deribit ARB_USDC-PERPETUAL	0.0000%	1h	0.2269	+0.031%	$25K	$34K	25x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0005%	1h	0.2270	+0.048%	$56K	—	150x	as long as short
Bitget ARBUSDT	+0.0052%	8h	0.2267	−0.075%	$21.4M	$36.0M	50x	as long as short
BingX ARB-USDT	+0.0054%	8h	0.2270	+0.057%	—	$54.1M	—	as long as short
Aevo ARB-PERP	+0.0080%	1h	0.2270	+0.044%	$148K	$12K	3x	as long as short
BloFin ARB-USDT	+0.0094%	8h	0.2260	−0.397%	$3.1M	$2.8M	75x	as long as short
Lighter ARB	+0.0096%	1h	0.2270	+0.062%	$1.4M	$7.5M	15x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2271	+0.088%	$41.1M	$47.7M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2269	+0.006%	$705K	$1.6M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2268	−0.011%	$47K	$183K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2269	+0.018%	$19.7M	$16.1M	75x	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2262	−0.316%	$40K	$462K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2263	−0.251%	$485K	$3.6M	10x	as long as short
ApeX Omni ARBUSDTshort	+0.0100%	1h	0.2261	−0.339%	$122K	$295K	50x
SunX ARB-USDT	+0.0100%	8h	0.2270	+0.057%	$1K	$1.1M	30x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2268	−0.031%	$292K	$1.1M	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	0.2268	−0.031%	$5.2M	$13.0M	50x	as long as short
Coinbase International ARB-PERP-INTX	+0.0216%	1h	0.2271	+0.097%	$512K	$2.3M	50x	as long as short
Kraken Futures PF_ARBUSD	+0.0236%	1h	0.2271	+0.081%	$1.1M	$4.9M	50x	as long as short
Reya ARBRUSDPERP	+0.0290%	1h	0.2268	−0.042%	$2K	$695	20x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0297% / S −0.0186%	1h	0.2270	+0.048%	$928K	—	150x	as long as short
RISEx ARB/USDC	+0.0330%	1h	0.2270	+0.072%	$516K	$2.7M	10x	as long as short
Backpack ARB_USDC_PERP	+0.0463%	1h	0.2272	+0.163%	$1.0M	$2.8M	20x	as long as short