Funding arb · Price arb /

ARB

all ARB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0168%/8h= +18.4% APRpaid last 24h +0.044%

Price spread now: ApeX Omni against MEXC−0.278%7-day average +0.051% · you buy dearer than you sell

Net, funding: paid 7d − costs−$26as in the Funding arb table

Net, price: spread back to 7d avg − costs−$80as in the Price arb table

costs, in and out, $10k−$470.466% of the position

Long on MEXC Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.204%+$20 on $10k

Price spread, last 4 days (all we have)+0.727%+$73 · spread now −0.278%, 7d avg +0.051%

Together, before fees+0.931%+$93 on $10k · with fees, hour by hour

Funding pays, the price is against you. ApeX Omni is 0.329% cheaper against MEXC than usual: you would sell low and buy high (spread −0.278% now, against its 7-day average of +0.051%). If the spread goes back, that is −$33 on $10k: about 6.5 days of funding at the current rate (+$5 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC ARB_USDT	0.2193	−0.0068	get 0.0068% / 8h	7h 54m	$42.8M	$62.4M	200x
Short	ApeX Omni ARBUSDT	0.2187	0.0100	get 0.0013% / 1h	54m 57s	$118K	$268K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against MEXC. 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 MEXCbpFee ApeX OmnibpOrdersPrice spread, now −0.278%Rate

Funding earned: $35.28
Price spread: −0.278% → +0.051%: −$32.89
Slippage, 4 orders: −$36.61
Fee MEXC: 0 bp × 2 orders: $0
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$44.23
Costs to cover: 0.466%
Break-even: 15.8 days

Slippage from MEXC: live order book, 4 min ago; ApeX Omni: live order book, 42 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 MEXC live order book, 4 min ago	0.23 bp	0.9 bp −$1	2.7 bp −$27	22.3 bp −$2,235	57.2 bp −$28.6K
Sell ApeX Omni live order book, 42 min ago	9.16 bp	26.1 bp −$26	122.5 bp −$1,225	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	−0.1605%	1h	0.2174	−0.871%	$39K	$372K	12x	as long as short
Kraken Futures PF_ARBUSD	−0.0169%	1h	0.2189	−0.170%	$1.1M	$4.3M	50x	as long as short
Gate ARB_USDT	−0.0150%	8h	0.2193	0.000%	$5.4M	$18.1M	60x	as long as short
SoDEX ARB-USD	−0.0135%	1h	0.2188	−0.237%	$9K	$2.2M	5x	as long as short
01 Exchange ARBUSD	−0.0112%	1h	0.2185	−0.374%	$7K	$236	10x	as long as short
OKX ARB-USDT-SWAP	−0.0069%	8h	0.2190	−0.128%	$22.2M	$145.6M	50x	as long as short
MEXC ARB_USDTlong	−0.0068%	8h	0.2193	long leg	$42.8M	$62.4M	200x
Orderly PERP_ARB_USDC	−0.0040%	8h	0.2188	−0.233%	$16K	$410K	10x	as long as short
Deribit ARB_USDC-PERPETUAL	−0.0024%	1h	0.2188	−0.210%	$28K	$38K	25x	as long as short
dYdX ARB-USD	0.0000%	1h	0.2186	−0.321%	$65K	$4K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended ARB-USD	0.0000%	1h	0.2194	+0.041%	$364K	$3.1M	25x	as long as short
Binance ARBUSDT	+0.0003%	8h	0.2193	−0.014%	$63.3M	$299.4M	75x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0006%	1h	0.2188	−0.215%	$73K	—	150x	as long as short
BloFin ARB-USDT	+0.0021%	8h	0.2189	−0.169%	$3.0M	$2.3M	75x	as long as short
Variational Omni ARB	+0.0034%	8h	0.2186	−0.301%	$1.8M	$3.0M	—	as long as short
Aevo ARB-PERP	+0.0080%	1h	0.2189	−0.195%	$139K	$7K	3x	as long as short
Bitget ARBUSDT	+0.0086%	8h	0.2195	+0.087%	$21.2M	$34.6M	50x	as long as short
BingX ARB-USDT	+0.0087%	8h	0.2192	−0.059%	—	$32.9M	—	as long as short
Lighter ARB	+0.0096%	1h	0.2188	−0.210%	$1.3M	$5.4M	15x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2191	−0.091%	$36.6M	$49.8M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2192	−0.055%	$627K	$1.7M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2185	−0.356%	$43K	$146K	10x	as long as short
Bybit ARBUSDT	+0.0100%	8h	0.2192	−0.055%	$53.4M	$125.9M	50x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2195	+0.091%	$19.5M	$13.8M	75x	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2192	−0.031%	$40K	$464K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2186	−0.310%	$465K	$3.6M	10x	as long as short
ApeX Omni ARBUSDTshort	+0.0100%	1h	0.2187	−0.278%	$118K	$268K	50x
Polymarket Perps ARB-USD	+0.0100%	1h	0.2187	−0.278%	$73K	$2.1M	10x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2187	−0.278%	$2K	$1.1M	30x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2188	−0.242%	$293K	$836K	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	0.2188	−0.233%	$4.8M	$12.8M	50x	as long as short
RISEx ARB/USDC	+0.0123%	1h	0.2186	−0.337%	$512K	$2.7M	10x	as long as short
Backpack ARB_USDC_PERP	+0.0187%	1h	0.2193	−0.014%	$980K	$2.8M	20x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0277% / S −0.0160%	1h	0.2189	−0.188%	$828K	—	150x	as long as short
Reya ARBRUSDPERP	+0.0288%	1h	0.2185	−0.364%	$2K	$695	20x	as long as short
Coinbase International ARB-PERP-INTX	+0.0336%	1h	0.2189	−0.178%	$522K	$1.5M	50x	as long as short