Funding you earn now, next payment 04:00 UTC+0.0178%/8h= +19.5% APRpaid last 24h +0.046%
Price spread now: ApeX Omni against Orderly+0.137%7-day average +0.014% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.281%+$28 on $10k
+Price spread, last 4 days (all we have)−1.535%−$153 · spread now +0.137%, 7d avg +0.014%
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and ApeX Omni is 0.123% dearer against Orderly than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.014%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_ARB_USDC | 0.2193 | −0.0078 | get 0.0078% / 8h | 4h 48m | $13K | $388K | 10x |
| Short | ApeX Omni ARBUSDT | 0.2196 | 0.0100 | get 0.0013% / 1h | 48m 36s | $118K | $282K | 50x |
Orderly PERP_ARB_USDC
ApeX Omni ARBUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Orderly. 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
- $37.37
- Price spread: +0.137% → +0.014%
- $12.3
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- $33.67
- Costs to cover
- 0.160%
- Break-even
- 0.7 days
Slippage unknown: Orderly: no order-book sample; ApeX Omni: live order book, 9 min ago. Net counts fees only.
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 Orderly no order-book sample | — | — | — | — | — |
| Sell ApeX Omni live order book, 9 min ago | 6.81 bp | 15.5 bp −$15 | 108.8 bp −$1,088 | doesn't fit | doesn't fit |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 0.2185 | −0.365% | $39K | $372K | 12x | as long as short |
| OKX ARB-USDT-SWAP | −0.0136% | 8h | 0.2194 | +0.055% | $22.2M | $147.6M | 50x | as long as short |
| 01 Exchange ARBUSD | −0.0136% | 1h | 0.2197 | +0.182% | $7K | $2K | 10x | as long as short |
| MEXC ARB_USDT | −0.0136% | 8h | 0.2194 | +0.064% | $40.6M | $59.6M | 200x | as long as short |
| Polymarket Perps ARB-USD | −0.0126% | 1h | 0.2192 | −0.050% | $70K | $2.1M | 10x | as long as short |
| Variational Omni ARB | −0.0117% | 8h | 0.2192 | −0.029% | $1.8M | $2.9M | — | as long as short |
| Gate ARB_USDT | −0.0103% | 8h | 0.2195 | +0.082% | $5.3M | $18.7M | 60x | as long as short |
| Orderly PERP_ARB_USDClong | −0.0078% | 8h | 0.2193 | long leg | $13K | $388K | 10x | |
| Bybit ARBUSDT | −0.0048% | 8h | 0.2194 | +0.036% | $55.5M | $125.9M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0006% | 1h | 0.2195 | +0.093% | $1.1M | $4.4M | 50x | as long as short |
Injective ARB/USDC PERP
OKX ARB-USDT-SWAP
01 Exchange ARBUSD
MEXC ARB_USDT
Polymarket Perps ARB-USD
Variational Omni ARB
Gate ARB_USDT
Bybit ARBUSDT
Kraken Futures PF_ARBUSDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ARB-USD | 0.0000% | 1h | 0.2195 | +0.114% | $65K | $5K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2194 | +0.032% | $24K | $34K | 25x | as long as short |
| SoDEX ARB-USD | +0.0003% | 1h | 0.2193 | +0.023% | $10K | $2.3M | 5x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0006% | 1h | 0.2193 | +0.018% | $32K | — | 150x | as long as short |
| Extended ARB-USD | +0.0008% | 1h | 0.2194 | +0.039% | $349K | $2.5M | 25x | as long as short |
| Binance ARBUSDT | +0.0010% | 8h | 0.2195 | +0.073% | $64.0M | $306.5M | 75x | as long as short |
| BloFin ARB-USDT | +0.0041% | 8h | 0.2195 | +0.078% | $3.1M | $2.6M | 75x | as long as short |
| Bitget ARBUSDT | +0.0065% | 8h | 0.2195 | +0.091% | $20.8M | $34.6M | 50x | as long as short |
| BingX ARB-USDT | +0.0068% | 8h | 0.2196 | +0.141% | — | $53.7M | — | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2195 | +0.080% | $139K | $7K | 3x | as long as short |
| Phemex ARBUSDT | +0.0087% | 8h | 0.2194 | +0.046% | $4.9M | $12.9M | 50x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2194 | +0.064% | $1.2M | $5.7M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2195 | +0.087% | $37.9M | $48.7M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2196 | +0.137% | $634K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2194 | +0.062% | $42K | $169K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2195 | +0.096% | $19.4M | $15.1M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2204 | +0.505% | $40K | $462K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2205 | +0.547% | $470K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDTshort | +0.0100% | 1h | 0.2196 | +0.137% | $118K | $282K | 50x | |
| SunX ARB-USDT | +0.0100% | 8h | 0.2196 | +0.137% | $1K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2195 | +0.073% | $298K | $956K | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0224% | 1h | 0.2198 | +0.210% | $492K | $2.0M | 50x | as long as short |
| RISEx ARB/USDC | +0.0225% | 1h | 0.2199 | +0.271% | $476K | $2.6M | 10x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0273% / S −0.0155% | 1h | 0.2193 | +0.001% | $818K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2192 | −0.054% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0573% | 1h | 0.2197 | +0.169% | $992K | $2.8M | 20x | as long as short |
dYdX ARB-USD
Deribit ARB_USDC-PERPETUAL
SoDEX ARB-USD
gTrade (Gains Network) ARB/USD
Extended ARB-USD
Binance ARBUSDT
BloFin ARB-USDT
Bitget ARBUSDT
BingX ARB-USDT
Aevo ARB-PERP
Phemex ARBUSDT
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
SunX ARB-USDT
HTX ARB-USDT
Coinbase International ARB-PERP-INTX
RISEx ARB/USDC
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP