Funding you earn now, next payment 22:00 UTC+0.0013%/8h= +1.4% APRpaid last 24h −0.006%
Price spread now: ApeX Omni against BingX−0.152%98s7-day average +0.050% · you buy dearer than you sell
Net, funding: paid 7d − costs−$40as 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−$430.434% of the position
Funding, last 7 days+0.039%+$4 on $10k
+Price spread, last 3 days (all we have)+0.281%+$28 · spread now −0.152%, 7d avg +0.050%
=Funding pays, the price is against you. ApeX Omni is 0.202% cheaper against BingX than usual: you would sell low and buy high (spread −0.152% now, against its 7-day average of +0.050%). If the spread goes back, that is −$20 on $10k: about 53 days of funding at the current rate ($0 a day). The two prices were read 98 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 | BingX ARB-USDT | 0.2233 | 0.0084 | pay 0.0084% / 8h | 2h 35m | — | $54.0M | — |
| Short | ApeX Omni ARBUSDT | 0.2230 | 0.0097 | get 0.0012% / 1h | 35m 52s | $121K | $297K | 50x |
BingX ARB-USDT
ApeX Omni ARBUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against BingX. 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
- $2.67
- Price spread: −0.152% → +0.050%
- −$20.18
- Slippage, 4 orders
- −$23.43
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$60.93
- Costs to cover
- 0.434%
- Break-even
- 166.7 days
Slippage from BingX: live order book, 8 min ago; ApeX Omni: live order book, 51 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 BingX live order book, 8 min ago | 1.12 bp | 6.6 bp −$7 | 8.5 bp −$85 | 17.6 bp −$1,757 | 58.4 bp −$29.2K |
| Sell ApeX Omni live order book, 51 min ago | 6.64 bp | 15.6 bp −$16 | 106.5 bp −$1,065 | 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 | −0.1675% | 1h | 0.2227 | −0.287% | $40K | $107K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0312% | 1h | 0.2231 | −0.094% | $7K | $2K | 10x | as long as short |
| Bybit ARBUSDT | −0.0211% | 8h | 0.2234 | +0.031% | $56.5M | $136.3M | 50x | as long as short |
| Variational Omni ARB | −0.0184% | 8h | 0.2232 | −0.055% | $1.9M | $2.8M | — | as long as short |
| MEXC ARB_USDT | −0.0074% | 8h | 0.2234 | +0.009% | $37.6M | $63.4M | 200x | as long as short |
| OKX ARB-USDT-SWAP | −0.0073% | 8h | 0.2233 | +0.004% | $22.2M | $165.7M | 50x | as long as short |
| SoDEX ARB-USD | −0.0060% | 1h | 0.2233 | −0.036% | $4K | $2.9M | 5x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0053% | 1h | 0.2233 | 0.000% | $1.1M | $5.3M | 50x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0019% | 1h | 0.2233 | 0.000% | $37K | $18K | 25x | as long as short |
| Orderly PERP_ARB_USDC | −0.0012% | 8h | 0.2233 | −0.018% | $10K | $387K | 10x | as long as short |
Injective ARB/USDC PERP
01 Exchange ARBUSD
Bybit ARBUSDT
Variational Omni ARB
MEXC ARB_USDT
OKX ARB-USDT-SWAP
SoDEX ARB-USD
Kraken Futures PF_ARBUSD
Deribit ARB_USDC-PERPETUAL
Orderly PERP_ARB_USDCShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps ARB-USD | −0.0007% | 1h | 0.2231 | −0.094% | $77K | $2.3M | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2233 | −0.039% | $66K | $4K | 10x | as long as short |
| Gate ARB_USDT | +0.0004% | 8h | 0.2235 | +0.072% | $5.5M | $21.5M | 60x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2234 | +0.009% | $55K | — | 150x | as long as short |
| Extended ARB-USD | +0.0008% | 1h | 0.2233 | −0.012% | $355K | $2.5M | 25x | as long as short |
| Binance ARBUSDT | +0.0009% | 8h | 0.2235 | +0.054% | $63.6M | $326.3M | 75x | as long as short |
| BloFin ARB-USDT | +0.0031% | 8h | 0.2235 | +0.054% | $3.0M | $3.3M | 75x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2234 | +0.023% | $146K | $12K | 3x | as long as short |
| Bitget ARBUSDT | +0.0084% | 8h | 0.2234 | +0.027% | $21.0M | $38.8M | 50x | as long as short |
| BingX ARB-USDTlong | +0.0084% | 8h | 0.2233 | long leg | — | $54.0M | — | |
| Lighter ARB | +0.0096% | 1h | 0.2234 | +0.031% | $1.3M | $7.7M | 15x | as long as short |
| ApeX Omni ARBUSDTshort | +0.0097% | 1h | 0.2230 | −0.152% | $121K | $297K | 50x | |
| Hyperliquid ARB | +0.0100% | 1h | 0.2236 | +0.099% | $40.0M | $53.1M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2234 | +0.006% | $695K | $1.8M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2232 | −0.074% | $46K | $205K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2235 | +0.081% | $20.7M | $17.1M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2233 | −0.032% | $38K | $449K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2231 | −0.119% | $478K | $4.1M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2233 | −0.018% | $1K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2231 | −0.121% | $274K | $1.2M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2232 | −0.063% | $5.4M | $13.8M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0276% / S −0.0168% | 1h | 0.2234 | +0.011% | $818K | — | 150x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0288% | 1h | 0.2234 | +0.027% | $506K | $2.5M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0291% | 1h | 0.2231 | −0.124% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0536% | 1h | 0.2236 | +0.134% | $1.1M | $2.8M | 20x | as long as short |
| RISEx ARB/USDC | +0.0546% | 1h | 0.2233 | −0.030% | $491K | $2.9M | 10x | as long as short |
Polymarket Perps ARB-USD
dYdX ARB-USD
Gate ARB_USDT
gTrade (Gains Network) ARB/USD
Extended ARB-USD
Binance ARBUSDT
BloFin ARB-USDT
Aevo ARB-PERP
Bitget ARBUSDT
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP
RISEx ARB/USDC