Funding you earn now, next payment 00:00 UTC+0.0096%/8h= +10.5% APRpaid last 24h +0.009%
Price spread now: ApeX Omni against Gate−0.004%7-day average +0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$800.804% of the position
Funding, last 7 days+0.155%+$16 on $10k
+Price spread, last 3 days (all we have)+0.222%+$22 · spread now −0.004%, 7d avg +0.034%
=Funding pays, the price is against you. ApeX Omni is 0.038% cheaper against Gate than usual: you would sell low and buy high (spread −0.004% now, against its 7-day average of +0.034%). If the spread goes back, that is −$4 on $10k: about 32 hours of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ARB_USDT | 0.2278 | 0.0004 | pay 0.0004% / 8h | 31m 16s | $5.5M | $20.2M | 60x |
| Short | ApeX Omni ARBUSDT | 0.2278 | 0.0100 | get 0.0013% / 1h | 31m 16s | $123K | $295K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Gate. 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
- $20.16
- Price spread: −0.004% → +0.034%
- −$3.83
- Slippage, 4 orders
- −$55.4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$64.08
- Costs to cover
- 0.804%
- Break-even
- 29.2 days
Slippage from Gate: live order book, 2 min ago; ApeX Omni: live order book, 46 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 Gate live order book, 2 min ago | 1.98 bp | 19.0 bp −$19 | 36.5 bp −$365 | 100.0 bp −$9,996 | doesn't fit |
| Sell ApeX Omni live order book, 46 min ago | 11.18 bp | 19.6 bp −$20 | 123.0 bp −$1,230 | 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 | 0.2270 | −0.356% | $41K | $372K | 12x | as long as short |
| Polymarket Perps ARB-USD | −0.0279% | 1h | 0.2277 | −0.061% | $75K | $2.0M | 10x | as long as short |
| Variational Omni ARB | −0.0184% | 8h | 0.2276 | −0.093% | $2.0M | $2.8M | — | as long as short |
| 01 Exchange ARBUSD | −0.0168% | 1h | 0.2276 | −0.083% | $7K | $2K | 10x | as long as short |
| Bybit ARBUSDT | −0.0163% | 8h | 0.2277 | −0.048% | $58.6M | $128.4M | 50x | as long as short |
| MEXC ARB_USDT | −0.0109% | 8h | 0.2277 | −0.048% | $38.3M | $59.7M | 200x | as long as short |
| OKX ARB-USDT-SWAP | −0.0109% | 8h | 0.2277 | −0.053% | $23.0M | $160.4M | 50x | as long as short |
| SoDEX ARB-USD | −0.0072% | 1h | 0.2277 | −0.048% | $4K | $2.6M | 5x | as long as short |
| Orderly PERP_ARB_USDC | −0.0041% | 8h | 0.2277 | −0.048% | $13K | $395K | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2279 | +0.027% | $67K | $4K | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2278 | −0.018% | $26K | $32K | 25x | as long as short |
| Gate ARB_USDTlong | +0.0004% | 8h | 0.2278 | long leg | $5.5M | $20.2M | 60x | |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2279 | +0.036% | $55K | — | 150x | as long as short |
| Extended ARB-USD | +0.0008% | 1h | 0.2276 | −0.096% | $363K | $2.3M | 25x | as long as short |
| Binance ARBUSDT | +0.0011% | 8h | 0.2278 | −0.022% | $66.8M | $313.8M | 75x | as long as short |
| BloFin ARB-USDT | +0.0043% | 8h | 0.2276 | −0.092% | $3.1M | $2.8M | 75x | as long as short |
| Bitget ARBUSDT | +0.0066% | 8h | 0.2277 | −0.048% | $21.5M | $35.9M | 50x | as long as short |
| BingX ARB-USDC | +0.0067% | 8h | 0.2276 | −0.105% | — | $6.5M | — | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2278 | −0.012% | $149K | $12K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2278 | −0.026% | $1.4M | $7.4M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2281 | +0.110% | $41.5M | $47.3M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2277 | −0.052% | $709K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2278 | −0.007% | $48K | $185K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2277 | −0.031% | $19.8M | $16.2M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2278 | +0.003% | $40K | $463K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2278 | +0.010% | $486K | $3.7M | 10x | as long as short |
| ApeX Omni ARBUSDTshort | +0.0100% | 1h | 0.2278 | −0.004% | $123K | $295K | 50x | |
| SunX ARB-USDT | +0.0100% | 8h | 0.2280 | +0.083% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2277 | −0.044% | $291K | $1.1M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2277 | −0.048% | $5.2M | $13.1M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0216% | 1h | 0.2285 | +0.303% | $514K | $2.3M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0235% | 1h | 0.2278 | +0.015% | $1.2M | $4.9M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2276 | −0.078% | $2K | $695 | 20x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0296% / S −0.0186% | 1h | 0.2279 | +0.023% | $931K | — | 150x | as long as short |
| RISEx ARB/USDC | +0.0330% | 1h | 0.2279 | +0.031% | $504K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0485% | 1h | 0.2283 | +0.233% | $928K | $2.8M | 20x | as long as short |
Gate ARB_USDT
ApeX Omni ARBUSDT
Injective ARB/USDC PERP
Polymarket Perps ARB-USD
Variational Omni ARB
01 Exchange ARBUSD
Bybit ARBUSDT
MEXC ARB_USDT
OKX ARB-USDT-SWAP
SoDEX ARB-USD
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Extended ARB-USD
Binance ARBUSDT
BloFin ARB-USDT
Bitget ARBUSDT
BingX ARB-USDC
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
Coinbase International ARB-PERP-INTX
Kraken Futures PF_ARBUSD
GMX ARB/USD [ARB-USDC]
RISEx ARB/USDC
Backpack ARB_USDC_PERP