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
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%
=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).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective ARB/USDC PERP | 0.2171 | −0.1581 | get 0.0198% / 1h | 22m 39s | $39K | $372K | 12x |
| Short | ApeX Omni ARBUSDT | 0.2171 | 0.0100 | get 0.0013% / 1h | 22m 39s | $117K | $282K | 50x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Injective live order book, 26 min ago | 52.60 bp | 52.6 bp −$53 | doesn't fit | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 25 min ago | 9.18 bp | 18.3 bp −$18 | 110.8 bp −$1,108 | 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 PERPlong | −0.1581% | 1h | 0.2171 | long leg | $39K | $372K | 12x | |
| 01 Exchange ARBUSD | −0.0176% | 1h | 0.2184 | +0.599% | $7K | $236 | 10x | as long as short |
| Polymarket Perps ARB-USD | −0.0101% | 1h | 0.2182 | +0.484% | $78K | $2.1M | 10x | as long as short |
| Variational Omni ARB | −0.0096% | 8h | 0.2174 | +0.156% | $1.8M | $3.0M | — | as long as short |
| Bybit ARBUSDT | −0.0076% | 8h | 0.2184 | +0.585% | $54.6M | $124.1M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0075% | 1h | 0.2183 | +0.557% | $1.0M | $4.4M | 50x | as long as short |
| OKX ARB-USDT-SWAP | −0.0062% | 8h | 0.2185 | +0.645% | $21.6M | $143.2M | 50x | as long as short |
| MEXC ARB_USDT | −0.0062% | 8h | 0.2184 | +0.603% | $41.6M | $61.4M | 200x | as long as short |
| Orderly PERP_ARB_USDC | −0.0050% | 8h | 0.2182 | +0.507% | $12K | $409K | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2184 | +0.606% | $65K | $5K | 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 | 0.2182 | +0.530% | $23K | $33K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0009% | 1h | 0.2183 | +0.554% | $44K | — | 150x | as long as short |
| Bitget ARBUSDT | +0.0056% | 8h | 0.2184 | +0.599% | $20.9M | $34.2M | 50x | as long as short |
| Gate ARB_USDT | +0.0076% | 8h | 0.2185 | +0.645% | $5.4M | $18.2M | 60x | as long as short |
| BingX ARB-USDT | +0.0082% | 8h | 0.2185 | +0.654% | — | $53.8M | — | as long as short |
| RISEx ARB/USDC | +0.0086% | 1h | 0.2185 | +0.638% | $444K | $2.6M | 10x | as long as short |
| Extended ARB-USD | +0.0088% | 1h | 0.2184 | +0.579% | $347K | $2.8M | 25x | as long as short |
| Binance ARBUSDT | +0.0090% | 8h | 0.2185 | +0.650% | $62.4M | $300.2M | 75x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2184 | +0.603% | $1.2M | $5.5M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2185 | +0.668% | $36.5M | $48.7M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2185 | +0.654% | $629K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2185 | +0.649% | $42K | $160K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2184 | +0.613% | $19.5M | $14.4M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2172 | +0.031% | $38K | $462K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2182 | +0.507% | $464K | $3.5M | 10x | as long as short |
| ApeX Omni ARBUSDTshort | +0.0100% | 1h | 0.2171 | 0.000% | $117K | $282K | 50x | |
| SunX ARB-USDT | +0.0100% | 8h | 0.2184 | +0.599% | $2K | $1.1M | 30x | as long as short |
| SoDEX ARB-USD | +0.0100% | 1h | 0.2182 | +0.516% | $9K | $2.2M | 5x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2184 | +0.617% | $292K | $891K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2181 | +0.461% | $4.8M | $12.7M | 50x | as long as short |
| Aevo ARB-PERP | +0.0104% | 1h | 0.2183 | +0.553% | $138K | $7K | 3x | as long as short |
| BloFin ARB-USDT | +0.0208% | 8h | 0.2183 | +0.548% | $3.0M | $2.4M | 75x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0277% / S −0.0159% | 1h | 0.2183 | +0.538% | $826K | — | 150x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0288% | 1h | 0.2184 | +0.599% | $506K | $1.6M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2181 | +0.477% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0694% | 1h | 0.2186 | +0.700% | $980K | $2.8M | 20x | as long as short |
Injective ARB/USDC PERP
ApeX Omni ARBUSDT
01 Exchange ARBUSD
Polymarket Perps ARB-USD
Variational Omni ARB
Bybit ARBUSDT
Kraken Futures PF_ARBUSD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Bitget ARBUSDT
Gate ARB_USDT
BingX ARB-USDT
RISEx ARB/USDC
Extended ARB-USD
Binance ARBUSDT
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
SunX ARB-USDT
SoDEX ARB-USD
HTX ARB-USDT
Phemex ARBUSDT
BloFin ARB-USDT
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX
Backpack ARB_USDC_PERP