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

ARB

all ARB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0203%/8h= +22.3% APRpaid last 24h +0.028%
Price spread now: ApeX Omni against OKX+0.331%7-day average +0.066% · you sell dearer than you buy
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$590.591% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.186%+$19 on $10k
Price spread, last 3 days (all we have)−0.082%−$8 · spread now +0.331%, 7d avg +0.066%
Together, before fees+0.103%+$10 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and ApeX Omni is 0.265% dearer against OKX than usual: you sell high and buy low: +$27 more if the spread goes back to its 7-day average of +0.066%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ARB-USDT-SWAP0.2234−0.0103get 0.0103% / 8h1h 33m$22.3M$162.0M50x
ShortApeX Omni ARBUSDT0.22410.0100get 0.0013% / 1h33m 01s$121K$294K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against OKX. 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
$42.7
Price spread: +0.331% → +0.066%
$26.51
Slippage, 4 orders
−$39.09
Fee OKX: 5 bp × 2 orders
−$10
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
$10.12
Costs to cover
0.591%
Break-even
5.3 days
Slippage from OKX: live order book, 1 min ago; ApeX Omni: live order book, 49 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 OKX live order book, 1 min ago0.22 bp9.2 bp −$923.2 bp −$232doesn't fitdoesn't fit
Sell ApeX Omni live order book, 49 min ago8.93 bp22.1 bp −$22122.8 bp −$1,228doesn'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 PERP−0.1770%1h0.2226−0.340%$40K$283K12xas long as short
01 Exchange ARBUSD−0.0224%1h0.2242+0.385%$7K$2K10xas long as short
Deribit ARB_USDC-PERPETUAL−0.0196%1h0.2240+0.273%$26K$32K25xas long as short
Variational Omni ARB−0.0163%8h0.2239+0.237%$1.9M$2.8Mas long as short
Bybit ARBUSDT−0.0140%8h0.22340.000%$57.6M$134.9M50xas long as short
SoDEX ARB-USD−0.0105%1h0.2238+0.175%$4K$2.8M5xas long as short
OKX ARB-USDT-SWAPlong−0.0103%8h0.2234long leg$22.3M$162.0M50x
MEXC ARB_USDT−0.0101%8h0.2238+0.175%$37.4M$62.4M200xas long as short
Polymarket Perps ARB-USD−0.0072%1h0.2243+0.403%$76K$2.1M10xas long as short
Orderly PERP_ARB_USDC−0.0030%8h0.2239+0.242%$10K$393K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended ARB-USD−0.0008%1h0.2234+0.010%$356K$2.4M25xas long as short
Binance ARBUSDT−0.0007%8h0.2235+0.077%$63.8M$321.3M75xas long as short
dYdX ARB-USD0.0000%1h0.2243+0.409%$66K$4K10xas long as short
gTrade (Gains Network) ARB/USDL +0.0005% / S −0.0005%1h0.2243+0.415%$56K150xas long as short
Gate ARB_USDT+0.0032%8h0.2237+0.157%$5.5M$20.7M60xas long as short
Aevo ARB-PERP+0.0080%1h0.2241+0.315%$146K$12K3xas long as short
Bitget ARBUSDT+0.0082%8h0.2234+0.018%$20.9M$37.7M50xas long as short
BingX ARB-USDC+0.0082%8h0.2237+0.143%$6.5Mas long as short
Kraken Futures PF_ARBUSD+0.0085%1h0.2240+0.274%$1.1M$5.2M50xas long as short
Lighter ARB+0.0096%1h0.2239+0.233%$1.3M$7.4M15xas long as short
Hyperliquid ARB+0.0100%1h0.2239+0.255%$40.0M$50.9M10xas long as short
Aster ARBUSDT+0.0100%8h0.2239+0.242%$696K$1.6M20xas long as short
Pacifica ARB+0.0100%1h0.2243+0.398%$45K$197K10xas long as short
KuCoin ARBUSDTM+0.0100%8h0.2240+0.282%$20.6M$16.7M75xas long as short
edgeX ARBUSDC+0.0100%4h0.2240+0.286%$40K$462K20xas long as short
GRVT ARB_USDT_Perp+0.0100%8h0.2240+0.288%$475K$4.0M10xas long as short
ApeX Omni ARBUSDTshort+0.0100%1h0.2241+0.331%$121K$294K50x
SunX ARB-USDT+0.0100%8h0.2241+0.331%$2K$1.1M30xas long as short
HTX ARB-USDT+0.0100%8h0.2239+0.242%$276K$1.1M50xas long as short
Phemex ARBUSDT+0.0100%8h0.2238+0.197%$5.2M$13.5M50xas long as short
BloFin ARB-USDT+0.0113%8h0.2238+0.210%$3.0M$3.3M75xas long as short
Coinbase International ARB-PERP-INTX+0.0264%1h0.2241+0.331%$509K$2.3M50xas long as short
GMX ARB/USD [ARB-USDC]L +0.0275% / S −0.0158%1h0.2243+0.427%$842K150xas long as short
Reya ARBRUSDPERP+0.0291%1h0.2241+0.344%$2K$69520xas long as short
RISEx ARB/USDC+0.0363%1h0.2244+0.486%$495K$2.7M10xas long as short
Backpack ARB_USDC_PERP+0.0644%1h0.2241+0.313%$1.1M$2.7M20xas long as short