Funding you earn now, next payment 04:00 UTC+0.0095%/8h= +10.4% APRnext payment +$0.12 per $10,000 · paid last 24h +0.027%
Price spread now: ApeX Omni against gTrade (Gains Network)−0.065%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. ApeX Omni is 0.065% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.065% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 2.3 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) ARB/USD | 0.2201 | L +0.0005% / S −0.0006% | pay 0.0001% / 1h | 44m 29s | $32K | — | 150x |
| Short | ApeX Omni ARBUSDT | 0.2200 | 0.0100 | get 0.0013% / 1h | 44m 29s | $119K | $283K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against gTrade (Gains Network). 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
- $20.03
- Price spread: −0.065% → 0.000%
- −$6.45
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$6.42
- Costs to cover
- 0.200%
- Break-even
- 9.2 days
Slippage unknown: gTrade (Gains Network): no order-book sample; ApeX Omni: live order book, 13 min ago. Net counts fees only.
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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell ApeX Omni live order book, 13 min ago | 6.81 bp | 15.5 bp −$15 | 108.8 bp −$1,088 | doesn't fit | doesn't fit |
gTrade (Gains Network): 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective ARB/USDC PERP | −0.1649% | 1h | 0.2191 | −0.473% | $40K | $372K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0152% | 1h | 0.2203 | +0.076% | $7K | $2K | 10x | as long as short |
| OKX ARB-USDT-SWAP | −0.0134% | 8h | 0.2204 | +0.099% | $22.3M | $148.2M | 50x | as long as short |
| MEXC ARB_USDT | −0.0134% | 8h | 0.2203 | +0.049% | $40.6M | $59.6M | 200x | as long as short |
| Polymarket Perps ARB-USD | −0.0128% | 1h | 0.2204 | +0.108% | $91K | $2.2M | 10x | as long as short |
| Variational Omni ARB | −0.0116% | 8h | 0.2201 | −0.008% | $1.8M | $2.9M | — | as long as short |
| Gate ARB_USDT | −0.0107% | 8h | 0.2203 | +0.063% | $5.3M | $18.7M | 60x | as long as short |
| Orderly PERP_ARB_USDC | −0.0078% | 8h | 0.2201 | −0.019% | $12K | $389K | 10x | as long as short |
| Bybit ARBUSDT | −0.0044% | 8h | 0.2204 | +0.104% | $55.8M | $126.0M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0006% | 1h | 0.2201 | −0.008% | $1.1M | $4.4M | 50x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ARB-USD | 0.0000% | 1h | 0.2201 | +0.003% | $65K | $5K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2202 | +0.013% | $24K | $34K | 25x | as long as short |
| gTrade (Gains Network) ARB/USDlong | L +0.0005% / S −0.0006% | 1h | 0.2201 | long leg | $32K | — | 150x | |
| Binance ARBUSDT | +0.0013% | 8h | 0.2205 | +0.149% | $64.3M | $306.3M | 75x | as long as short |
| Extended ARB-USD | +0.0016% | 1h | 0.2203 | +0.082% | $351K | $2.5M | 25x | as long as short |
| SoDEX ARB-USD | +0.0037% | 1h | 0.2200 | −0.051% | $10K | $2.3M | 5x | as long as short |
| BloFin ARB-USDT | +0.0051% | 8h | 0.2201 | −0.024% | $3.1M | $2.6M | 75x | as long as short |
| Bitget ARBUSDT | +0.0064% | 8h | 0.2204 | +0.117% | $21.0M | $34.7M | 50x | as long as short |
| BingX ARB-USDT | +0.0066% | 8h | 0.2203 | +0.067% | — | $53.8M | — | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2202 | +0.034% | $140K | $7K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2202 | +0.031% | $1.2M | $5.7M | 15x | as long as short |
| Phemex ARBUSDT | +0.0098% | 8h | 0.2201 | −0.019% | $4.9M | $12.9M | 50x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2200 | −0.046% | $38.1M | $48.8M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2201 | −0.019% | $635K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2202 | +0.047% | $43K | $169K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2203 | +0.067% | $19.5M | $15.1M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2199 | −0.111% | $40K | $463K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2194 | −0.337% | $468K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDTshort | +0.0100% | 1h | 0.2200 | −0.065% | $119K | $283K | 50x | |
| SunX ARB-USDT | +0.0100% | 8h | 0.2203 | +0.072% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2200 | −0.060% | $299K | $952K | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0224% | 1h | 0.2203 | +0.072% | $493K | $2.0M | 50x | as long as short |
| RISEx ARB/USDC | +0.0225% | 1h | 0.2205 | +0.172% | $477K | $2.6M | 10x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0273% / S −0.0155% | 1h | 0.2202 | +0.004% | $821K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2203 | +0.088% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0635% | 1h | 0.2204 | +0.117% | $996K | $2.8M | 20x | as long as short |
gTrade (Gains Network) ARB/USD
ApeX Omni ARBUSDT
Injective ARB/USDC PERP
01 Exchange ARBUSD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Polymarket Perps ARB-USD
Variational Omni ARB
Gate ARB_USDT
Bybit ARBUSDT
Kraken Futures PF_ARBUSD
Deribit ARB_USDC-PERPETUAL
Binance ARBUSDT
Extended ARB-USD
SoDEX ARB-USD
BloFin ARB-USDT
Bitget ARBUSDT
BingX ARB-USDT
Lighter ARB
Phemex ARBUSDT
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
SunX ARB-USDT
HTX ARB-USDT
Coinbase International ARB-PERP-INTX
RISEx ARB/USDC
GMX ARB/USD [ARB-USDC]
Backpack ARB_USDC_PERP