Funding arb · Price arb /

ARB

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0054%/8h= −6.0% APRpaid last 24h −0.001%

Price spread now: ApeX Omni against HTX+0.178%76s7-day average +0.025% · you sell dearer than you buy

Net, funding: paid 7d − costs−$96as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$950.948% of the position

Long on HTX 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)−2.079%−$208 · spread now +0.178%, 7d avg +0.025%

Together, before fees−2.092%−$209 on $10k · with fees, hour by hour

The price spread pays, funding is against you. ApeX Omni is 0.152% dearer against HTX than usual: you sell high and buy low (spread +0.178% now, against its 7-day average of +0.025%): +$15 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 9.3 days. At the pace of the last 7 days (−0.013% in total) that is about 3 months. The two prices were read 76 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX ARB-USDT	0.2195	0.0100	pay 0.0100% / 8h	4h 52m	$298K	$956K	50x
Short	ApeX Omni ARBUSDT	0.2199	0.0046	get 0.0006% / 1h	52m 10s	$119K	$283K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against HTX. 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 HTXbpFee ApeX OmnibpOrdersPrice spread, now +0.178%Rate

Funding earned: −$11.44
Price spread: +0.178% → +0.025%: $15.24
Slippage, 4 orders: −$72.77
Fee HTX: 6 bp × 2 orders: −$12
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$90.98
Costs to cover: 0.948%
Break-even: never at this rate

Slippage from HTX: live order book, 27 min ago; ApeX Omni: live order book, 5 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 HTX live order book, 27 min ago	14.97 bp	35.0 bp −$35	doesn't fit	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 5 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	0.2196	+0.041%	$40K	$372K	12x	as long as short
MEXC ARB_USDT	−0.0140%	8h	0.2194	−0.059%	$40.7M	$59.5M	200x	as long as short
OKX ARB-USDT-SWAP	−0.0140%	8h	0.2194	−0.055%	$22.1M	$147.6M	50x	as long as short
Variational Omni ARB	−0.0125%	8h	0.2208	+0.573%	$1.8M	$2.9M	—	as long as short
01 Exchange ARBUSD	−0.0120%	1h	0.2193	−0.105%	$7K	$2K	10x	as long as short
Polymarket Perps ARB-USD	−0.0117%	1h	0.2194	−0.064%	$70K	$2.2M	10x	as long as short
Deribit ARB_USDC-PERPETUAL	−0.0114%	1h	0.2194	−0.041%	$24K	$34K	25x	as long as short
Gate ARB_USDT	−0.0106%	8h	0.2195	−0.027%	$5.3M	$18.6M	60x	as long as short
SoDEX ARB-USD	−0.0089%	1h	0.2194	−0.064%	$10K	$2.3M	5x	as long as short
Orderly PERP_ARB_USDC	−0.0078%	8h	0.2194	−0.050%	$13K	$388K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit ARBUSDT	−0.0050%	8h	0.2194	−0.068%	$55.7M	$125.8M	50x	as long as short
Kraken Futures PF_ARBUSD	−0.0006%	1h	0.2194	−0.036%	$1.1M	$4.4M	50x	as long as short
dYdX ARB-USD	0.0000%	1h	0.2194	−0.054%	$65K	$5K	10x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0006%	1h	0.2194	−0.031%	$32K	—	150x	as long as short
Binance ARBUSDT	+0.0013%	8h	0.2195	−0.027%	$64.0M	$306.7M	75x	as long as short
Extended ARB-USD	+0.0016%	1h	0.2193	−0.093%	$349K	$2.5M	25x	as long as short
ApeX Omni ARBUSDTshort	+0.0046%	1h	0.2199	+0.178%	$119K	$283K	50x
BloFin ARB-USDT	+0.0055%	8h	0.2203	+0.383%	$3.1M	$2.6M	75x	as long as short
Bitget ARBUSDT	+0.0066%	8h	0.2193	−0.096%	$20.9M	$34.6M	50x	as long as short
BingX ARB-USDC	+0.0070%	8h	0.2197	+0.100%	—	$6.5M	—	as long as short
Aevo ARB-PERP	+0.0088%	1h	0.2196	+0.025%	$139K	$7K	3x	as long as short
Lighter ARB	+0.0096%	1h	0.2194	−0.032%	$1.2M	$5.7M	15x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2195	−0.005%	$37.9M	$48.6M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2195	+0.008%	$634K	$1.6M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2196	+0.050%	$43K	$169K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2194	−0.041%	$19.4M	$15.2M	75x	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2206	+0.516%	$40K	$461K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2197	+0.100%	$467K	$3.6M	10x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2196	+0.041%	$2K	$1.1M	30x	as long as short
HTX ARB-USDTlong	+0.0100%	8h	0.2195	long leg	$298K	$956K	50x
Phemex ARBUSDT	+0.0100%	8h	0.2195	−0.005%	$4.9M	$12.9M	50x	as long as short
Coinbase International ARB-PERP-INTX	+0.0224%	1h	0.2198	+0.109%	$492K	$2.0M	50x	as long as short
RISEx ARB/USDC	+0.0225%	1h	0.2195	−0.026%	$478K	$2.6M	10x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0273% / S −0.0155%	1h	0.2195	−0.013%	$819K	—	150x	as long as short
Reya ARBRUSDPERP	+0.0289%	1h	0.2194	−0.042%	$2K	$695	20x	as long as short
Backpack ARB_USDC_PERP	+0.0565%	1h	0.2197	+0.068%	$992K	$2.8M	20x	as long as short