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

ARB

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.051%
Price spread now: ApeX Omni against Deribit+0.105%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and ApeX Omni is 0.105% dearer against Deribit than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit ARB_USDC-PERPETUAL0.21940get 0.0000% / 1h48m 59s$24K$34K25x
ShortApeX Omni ARBUSDT0.21960.0100get 0.0013% / 1h48m 59s$118K$282K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Deribit. 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
$21
Price spread: +0.105% → 0.000%
$10.48
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
$14.48
Costs to cover
0.170%
Break-even
2.2 days
Slippage unknown: Deribit: no order-book sample; ApeX Omni: live order book, 8 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Deribit no order-book sample
Sell ApeX Omni live order book, 8 min ago6.81 bp15.5 bp −$15108.8 bp −$1,088doesn't fitdoesn't fit
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.1649%1h0.2185−0.397%$39K$372K12xas long as short
OKX ARB-USDT-SWAP−0.0136%8h0.2194+0.005%$22.2M$147.6M50xas long as short
01 Exchange ARBUSD−0.0136%1h0.2192−0.082%$7K$2K10xas long as short
MEXC ARB_USDT−0.0136%8h0.2193−0.009%$40.6M$59.6M200xas long as short
Polymarket Perps ARB-USD−0.0126%1h0.2192−0.082%$70K$2.1M10xas long as short
Variational Omni ARB−0.0117%8h0.2192−0.061%$1.8M$2.9Mas long as short
Gate ARB_USDT−0.0098%8h0.2193−0.018%$5.3M$18.6M60xas long as short
Orderly PERP_ARB_USDC−0.0078%8h0.2193−0.032%$13K$388K10xas long as short
Bybit ARBUSDT−0.0046%8h0.2193−0.009%$55.5M$125.9M50xas long as short
Kraken Futures PF_ARBUSD−0.0006%1h0.2195+0.061%$1.1M$4.4M50xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX ARB-USD0.0000%1h0.2196+0.087%$65K$5K10xas long as short
Deribit ARB_USDC-PERPETUALlong0.0000%1h0.2194long leg$24K$34K25x
SoDEX ARB-USD+0.0003%1h0.2193−0.009%$10K$2.3M5xas long as short
gTrade (Gains Network) ARB/USDL +0.0005% / S −0.0006%1h0.2193−0.014%$32K150xas long as short
Extended ARB-USD+0.0008%1h0.2194−0.007%$349K$2.5M25xas long as short
Binance ARBUSDT+0.0010%8h0.2194−0.005%$64.0M$306.6M75xas long as short
BloFin ARB-USDT+0.0041%8h0.2195+0.046%$3.1M$2.6M75xas long as short
Bitget ARBUSDT+0.0066%8h0.2193−0.032%$20.8M$34.6M50xas long as short
BingX ARB-USDC+0.0068%8h0.2192−0.087%$6.5Mas long as short
Aevo ARB-PERP+0.0080%1h0.2195+0.048%$139K$7K3xas long as short
Phemex ARBUSDT+0.0087%8h0.2194+0.014%$4.9M$12.9M50xas long as short
Lighter ARB+0.0096%1h0.2194+0.009%$1.2M$5.7M15xas long as short
Hyperliquid ARB+0.0100%1h0.2195+0.050%$37.9M$48.7M10xas long as short
Aster ARBUSDT+0.0100%8h0.2196+0.084%$634K$1.6M20xas long as short
Pacifica ARB+0.0100%1h0.2195+0.057%$42K$169K10xas long as short
KuCoin ARBUSDTM+0.0100%8h0.2194+0.027%$19.4M$15.1M75xas long as short
edgeX ARBUSDC+0.0100%4h0.2204+0.473%$40K$462K20xas long as short
GRVT ARB_USDT_Perp+0.0100%8h0.2205+0.515%$470K$3.6M10xas long as short
ApeX Omni ARBUSDTshort+0.0100%1h0.2196+0.105%$118K$282K50x
SunX ARB-USDT+0.0100%8h0.2196+0.105%$1K$1.1M30xas long as short
HTX ARB-USDT+0.0100%8h0.2195+0.041%$298K$956K50xas long as short
Coinbase International ARB-PERP-INTX+0.0224%1h0.2198+0.178%$492K$2.0M50xas long as short
RISEx ARB/USDC+0.0225%1h0.2194−0.003%$476K$2.6M10xas long as short
GMX ARB/USD [ARB-USDC]L +0.0273% / S −0.0155%1h0.2193−0.031%$818K150xas long as short
Reya ARBRUSDPERP+0.0289%1h0.2192−0.086%$2K$69520xas long as short
Backpack ARB_USDC_PERP+0.0573%1h0.2197+0.137%$992K$2.8M20xas long as short