Settings8H · net · $10k
Funding arb · Price arb /

ARB

all ARB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0016%/8h= +1.7% APRpaid last 24h −0.008%
Price spread now: ApeX Omni against BloFin−0.121%7-day average +0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$600.597% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.041%−$4 on $10k
Price spread, last 4 days (all we have)−1.621%−$162 · spread now −0.121%, 7d avg +0.014%
Together, before fees−1.663%−$166 on $10k · with fees, hour by hour
Funding pays, the price is against you. ApeX Omni is 0.135% cheaper against BloFin than usual: you would sell low and buy high (spread −0.121% now, against its 7-day average of +0.014%). If the spread goes back, that is −$14 on $10k: about 29 days of funding at the current rate ($0 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ARB-USDT0.22230.0028pay 0.0028% / 8h5h 35m$3.1M$2.7M75x
ShortApeX Omni ARBUSDT0.22200.0044get 0.0006% / 1h35m 05s$120K$283K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against BloFin. 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

Funding earned
$3.28
Price spread: −0.121% → +0.014%
−$13.54
Slippage, 4 orders
−$37.72
Fee BloFin: 6 bp × 2 orders
−$12
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$69.97
Costs to cover
0.597%
Break-even
156.1 days
Slippage from BloFin: live order book, 8 min ago; ApeX Omni: live order book, 27 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 8 min ago1.35 bp14.2 bp −$1424.7 bp −$247doesn't fitdoesn't fit
Sell ApeX Omni live order book, 27 min ago9.00 bp19.1 bp −$19108.0 bp −$1,080doesn't fitdoesn't fit

ARB on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective ARB/USDC PERP−0.1577%1h0.2230+0.328%$40K$372K12xas long as short
Variational Omni ARB−0.0151%8h0.2222−0.022%$1.9M$2.9Mas long as short
01 Exchange ARBUSD−0.0144%1h0.2224+0.063%$7K$2K10xas long as short
SoDEX ARB-USD−0.0143%1h0.2224+0.040%$10K$2.4M5xas long as short
OKX ARB-USDT-SWAP−0.0133%8h0.2221−0.094%$22.3M$151.8M50xas long as short
MEXC ARB_USDT−0.0131%8h0.2223+0.009%$38.3M$59.1M200xas long as short
Deribit ARB_USDC-PERPETUAL−0.0110%1h0.2224+0.076%$24K$34K25xas long as short
Kraken Futures PF_ARBUSD−0.0098%1h0.2225+0.109%$1.1M$4.6M50xas long as short
Bybit ARBUSDT−0.0096%8h0.2221−0.090%$56.4M$126.5M50xas long as short
Polymarket Perps ARB-USD−0.0088%1h0.2225+0.099%$96K$2.1M10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate ARB_USDT−0.0086%8h0.2223+0.036%$5.4M$19.0M60xas long as short
Orderly PERP_ARB_USDC−0.0072%8h0.2223+0.013%$12K$385K10xas long as short
dYdX ARB-USD0.0000%1h0.2223−0.007%$66K$5K10xas long as short
gTrade (Gains Network) ARB/USDL +0.0005% / S −0.0013%1h0.2225+0.121%$11K150xas long as short
Binance ARBUSDT+0.0007%8h0.2222−0.038%$64.7M$308.6M75xas long as short
Extended ARB-USD+0.0008%1h0.2220−0.131%$353K$2.5M25xas long as short
BloFin ARB-USDTlong+0.0028%8h0.2223long leg$3.1M$2.7M75x
ApeX Omni ARBUSDTshort+0.0044%1h0.2220−0.121%$120K$283K50x
Aevo ARB-PERP+0.0080%1h0.2225+0.112%$141K$7K3xas long as short
Bitget ARBUSDT+0.0094%8h0.2221−0.076%$21.2M$34.9M50xas long as short
Lighter ARB+0.0096%1h0.2224+0.045%$1.2M$6.4M15xas long as short
Phemex ARBUSDT+0.0096%8h0.2224+0.058%$5.0M$12.9M50xas long as short
BingX ARB-USDC+0.0097%8h0.2221−0.072%$6.5Mas long as short
Hyperliquid ARB+0.0100%1h0.2225+0.081%$38.6M$49.7M10xas long as short
Aster ARBUSDT+0.0100%8h0.2224+0.066%$652K$1.6M20xas long as short
Pacifica ARB+0.0100%1h0.2222−0.044%$42K$178K10xas long as short
KuCoin ARBUSDTM+0.0100%8h0.2225+0.081%$19.6M$15.5M75xas long as short
edgeX ARBUSDC+0.0100%4h0.2217−0.241%$40K$462K20xas long as short
GRVT ARB_USDT_Perp+0.0100%8h0.2219−0.173%$477K$3.6M10xas long as short
SunX ARB-USDT+0.0100%8h0.2226+0.148%$1K$1.1M30xas long as short
HTX ARB-USDT+0.0100%8h0.2224+0.063%$298K$946K50xas long as short
Coinbase International ARB-PERP-INTX+0.0224%1h0.2226+0.148%$508K$2.1M50xas long as short
RISEx ARB/USDC+0.0232%1h0.2225+0.117%$493K$2.7M10xas long as short
GMX ARB/USD [ARB-USDC]L +0.0273% / S −0.0155%1h0.2225+0.104%$830K150xas long as short
Reya ARBRUSDPERP+0.0290%1h0.2225+0.084%$2K$69520xas long as short
Backpack ARB_USDC_PERP+0.0560%1h0.2227+0.180%$1.0M$2.8M20xas long as short