Funding arb · Price arb /

ARB

all ARB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.001%

Price spread now: ApeX Omni against GRVT−0.045%7-day average −0.001% · you buy dearer than you sell

Net, funding: paid 7d − costs−$61as in the Funding arb table

Net, price: spread back to 7d avg − costs−$64as in the Price arb table

costs, in and out, $10k−$600.601% of the position

Long on GRVT Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days−0.013%−$1 on $10k

Price spread, last 4 days (all we have)−0.059%−$6 · spread now −0.045%, 7d avg −0.001%

Together, before fees−0.072%+ Points / potential airdropGRVT: Active · farm board−$7 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.044% cheaper against GRVT than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.001%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT ARB_USDT_Perp	0.2205	0.0100	pay 0.0100% / 8h	4h 51m	$470K	$3.6M	10x
Short	ApeX Omni ARBUSDT	0.2204	0.0100	get 0.0013% / 1h	51m 05s	$119K	$282K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against GRVT. 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

Position, each leg$Hold fordaysFee GRVTbpFee ApeX OmnibpOrdersPrice spread, now −0.045%Rate

Funding earned: $0
Price spread: −0.045% → −0.001%: −$4.44
Slippage, 4 orders: −$41.06
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$64.5
Costs to cover: 0.601%
Break-even: never at this rate

Slippage from GRVT: live order book, 3 min ago; ApeX Omni: live order book, 6 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 GRVT live order book, 3 min ago	2.27 bp	12.7 bp −$13	110.4 bp −$1,104	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 6 min ago	6.81 bp	15.5 bp −$15	108.8 bp −$1,088	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	−0.1649%	1h	0.2183	−0.998%	$39K	$372K	12x	as long as short
MEXC ARB_USDT	−0.0139%	8h	0.2194	−0.485%	$40.7M	$59.5M	200x	as long as short
OKX ARB-USDT-SWAP	−0.0139%	8h	0.2195	−0.472%	$22.1M	$147.6M	50x	as long as short
01 Exchange ARBUSD	−0.0128%	1h	0.2195	−0.458%	$7K	$2K	10x	as long as short
Variational Omni ARB	−0.0117%	8h	0.2192	−0.573%	$1.8M	$2.9M	—	as long as short
Polymarket Perps ARB-USD	−0.0105%	1h	0.2195	−0.467%	$70K	$2.2M	10x	as long as short
Gate ARB_USDT	−0.0102%	8h	0.2194	−0.481%	$5.3M	$18.6M	60x	as long as short
Orderly PERP_ARB_USDC	−0.0078%	8h	0.2194	−0.499%	$13K	$388K	10x	as long as short
SoDEX ARB-USD	−0.0062%	1h	0.2194	−0.503%	$10K	$2.3M	5x	as long as short
Bybit ARBUSDT	−0.0044%	8h	0.2194	−0.508%	$55.6M	$125.9M	50x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_ARBUSD	−0.0006%	1h	0.2195	−0.457%	$1.1M	$4.4M	50x	as long as short
dYdX ARB-USD	0.0000%	1h	0.2194	−0.499%	$65K	$5K	10x	as long as short
Deribit ARB_USDC-PERPETUAL	0.0000%	1h	0.2195	−0.467%	$24K	$34K	25x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0006%	1h	0.2195	−0.467%	$32K	—	150x	as long as short
Extended ARB-USD	+0.0008%	1h	0.2193	−0.555%	$349K	$2.5M	25x	as long as short
Binance ARBUSDT	+0.0010%	8h	0.2199	−0.277%	$64.1M	$306.5M	75x	as long as short
BloFin ARB-USDT	+0.0039%	8h	0.2195	−0.472%	$3.1M	$2.6M	75x	as long as short
Bitget ARBUSDT	+0.0066%	8h	0.2193	−0.544%	$20.9M	$34.6M	50x	as long as short
BingX ARB-USDT	+0.0068%	8h	0.2195	−0.472%	—	$53.8M	—	as long as short
Aevo ARB-PERP	+0.0088%	1h	0.2195	−0.459%	$139K	$7K	3x	as long as short
Lighter ARB	+0.0096%	1h	0.2194	−0.494%	$1.2M	$5.7M	15x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2195	−0.449%	$37.9M	$48.6M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2195	−0.444%	$634K	$1.6M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2195	−0.458%	$43K	$169K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2195	−0.472%	$19.4M	$15.1M	75x	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2204	−0.042%	$40K	$462K	20x	as long as short
GRVT ARB_USDT_Perplong	+0.0100%	8h	0.2205	long leg	$470K	$3.6M	10x
ApeX Omni ARBUSDTshort	+0.0100%	1h	0.2204	−0.045%	$119K	$282K	50x
SunX ARB-USDT	+0.0100%	8h	0.2196	−0.408%	$1K	$1.1M	30x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2195	−0.440%	$298K	$955K	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	0.2195	−0.454%	$4.9M	$12.9M	50x	as long as short
Coinbase International ARB-PERP-INTX	+0.0224%	1h	0.2197	−0.363%	$492K	$2.0M	50x	as long as short
RISEx ARB/USDC	+0.0225%	1h	0.2197	−0.381%	$478K	$2.6M	10x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0273% / S −0.0155%	1h	0.2195	−0.464%	$819K	—	150x	as long as short
Reya ARBRUSDPERP	+0.0289%	1h	0.2194	−0.518%	$2K	$695	20x	as long as short
Backpack ARB_USDC_PERP	+0.0552%	1h	0.2198	−0.322%	$992K	$2.8M	20x	as long as short