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

ARB

all ARB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.1681%/8h= +184.0% APRnext payment +$2.10 per $10,000 · paid last 24h +0.507%
Price spread now: ApeX Omni against Injective0.000%7-day average +0.445% · you sell dearer than you buy
Net, funding: paid 7d − costs+$215as in the Funding arb table
Net, price: spread back to 7d avg − costs−$188as in the Price arb table
costs, in and out, $10k−$1431.432% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+3.582%+$358 on $10k
Price spread, last 4 days (all we have)−0.147%−$15 · spread now 0.000%, 7d avg +0.445%
Together, before fees+3.434%+$343 on $10k · with fees, hour by hour
Funding pays, the price is against you. ApeX Omni is 0.445% cheaper against Injective than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.445%). If the spread goes back, that is −$45 on $10k: about 21 hours of funding at the current rate (+$50 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective ARB/USDC PERP0.2171−0.1581get 0.0198% / 1h22m 39s$39K$372K12x
ShortApeX Omni ARBUSDT0.21710.0100get 0.0013% / 1h22m 39s$117K$282K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Injective. 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
$352.94
Price spread: 0.000% → +0.445%
−$44.52
Slippage, 4 orders
−$133.18
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
$165.23
Costs to cover
1.432%
Break-even
3.7 days
Slippage from Injective: live order book, 26 min ago; ApeX Omni: live order book, 25 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Injective live order book, 26 min ago52.60 bp52.6 bp −$53doesn't fitdoesn't fitdoesn't fit
Sell ApeX Omni live order book, 25 min ago9.18 bp18.3 bp −$18110.8 bp −$1,108doesn't fitdoesn't fit

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 PERPlong−0.1581%1h0.2171long leg$39K$372K12x
01 Exchange ARBUSD−0.0176%1h0.2184+0.599%$7K$23610xas long as short
Polymarket Perps ARB-USD−0.0101%1h0.2182+0.484%$78K$2.1M10xas long as short
Variational Omni ARB−0.0096%8h0.2174+0.156%$1.8M$3.0Mas long as short
Bybit ARBUSDT−0.0076%8h0.2184+0.585%$54.6M$124.1M50xas long as short
Kraken Futures PF_ARBUSD−0.0075%1h0.2183+0.557%$1.0M$4.4M50xas long as short
OKX ARB-USDT-SWAP−0.0062%8h0.2185+0.645%$21.6M$143.2M50xas long as short
MEXC ARB_USDT−0.0062%8h0.2184+0.603%$41.6M$61.4M200xas long as short
Orderly PERP_ARB_USDC−0.0050%8h0.2182+0.507%$12K$409K10xas long as short
dYdX ARB-USD0.0000%1h0.2184+0.606%$65K$5K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit ARB_USDC-PERPETUAL0.0000%1h0.2182+0.530%$23K$33K25xas long as short
gTrade (Gains Network) ARB/USDL +0.0005% / S −0.0009%1h0.2183+0.554%$44K150xas long as short
Bitget ARBUSDT+0.0056%8h0.2184+0.599%$20.9M$34.2M50xas long as short
Gate ARB_USDT+0.0076%8h0.2185+0.645%$5.4M$18.2M60xas long as short
BingX ARB-USDT+0.0082%8h0.2185+0.654%$53.8Mas long as short
RISEx ARB/USDC+0.0086%1h0.2185+0.638%$444K$2.6M10xas long as short
Extended ARB-USD+0.0088%1h0.2184+0.579%$347K$2.8M25xas long as short
Binance ARBUSDT+0.0090%8h0.2185+0.650%$62.4M$300.2M75xas long as short
Lighter ARB+0.0096%1h0.2184+0.603%$1.2M$5.5M15xas long as short
Hyperliquid ARB+0.0100%1h0.2185+0.668%$36.5M$48.7M10xas long as short
Aster ARBUSDT+0.0100%8h0.2185+0.654%$629K$1.7M20xas long as short
Pacifica ARB+0.0100%1h0.2185+0.649%$42K$160K10xas long as short
KuCoin ARBUSDTM+0.0100%8h0.2184+0.613%$19.5M$14.4M75xas long as short
edgeX ARBUSDC+0.0100%4h0.2172+0.031%$38K$462K20xas long as short
GRVT ARB_USDT_Perp+0.0100%8h0.2182+0.507%$464K$3.5M10xas long as short
ApeX Omni ARBUSDTshort+0.0100%1h0.21710.000%$117K$282K50x
SunX ARB-USDT+0.0100%8h0.2184+0.599%$2K$1.1M30xas long as short
SoDEX ARB-USD+0.0100%1h0.2182+0.516%$9K$2.2M5xas long as short
HTX ARB-USDT+0.0100%8h0.2184+0.617%$292K$891K50xas long as short
Phemex ARBUSDT+0.0100%8h0.2181+0.461%$4.8M$12.7M50xas long as short
Aevo ARB-PERP+0.0104%1h0.2183+0.553%$138K$7K3xas long as short
BloFin ARB-USDT+0.0208%8h0.2183+0.548%$3.0M$2.4M75xas long as short
GMX ARB/USD [ARB-USDC]L +0.0277% / S −0.0159%1h0.2183+0.538%$826K150xas long as short
Coinbase International ARB-PERP-INTX+0.0288%1h0.2184+0.599%$506K$1.6M50xas long as short
Reya ARBRUSDPERP+0.0289%1h0.2181+0.477%$2K$69520xas long as short
Backpack ARB_USDC_PERP+0.0694%1h0.2186+0.700%$980K$2.8M20xas long as short