Funding you earn now, next payment 02:00 UTC−0.0256%/8h= −28.0% APRnext payment −$0.32 per $10,000 · paid last 24h −0.005%
Price spread now: ApeX Omni against Pacifica+0.537%51s7-day average +0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$740.741% of the position
Funding, last 7 days−0.010%−$1 on $10k
+Price spread, last 4 days (all we have)+0.048%+$5 · spread now +0.537%, 7d avg +0.032%
=Together, before fees+0.037%+ Points / potential airdropPacifica: Active · farm board+$4 on $10k · with fees, hour by hour
The price spread pays, funding is against you. ApeX Omni is 0.505% dearer against Pacifica than usual: you sell high and buy low (spread +0.537% now, against its 7-day average of +0.032%): +$51 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 6.6 days. At the pace of the last 7 days (−0.010% in total) that is about 11 months. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.010% in total (about -0.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.32 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica ARB | 0.2214 | 0.0100 | pay 0.0013% / 1h | 30m 25s | $42K | $188K | 10x |
| Short | ApeX Omni ARBUSDT | 0.2226 | −0.0156 | pay 0.0020% / 1h | 30m 25s | $120K | $296K | 50x |
Pacifica ARB
ApeX Omni ARBUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Pacifica. 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
- −$53.78
- Price spread: +0.537% → +0.032%
- $50.52
- Slippage, 4 orders
- −$56.05
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$77.31
- Costs to cover
- 0.741%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 37 min ago; ApeX Omni: live order book, 37 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 Pacifica live order book, 37 min ago | 8.82 bp | 16.1 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 37 min ago | 11.05 bp | 21.9 bp −$22 | 119.7 bp −$1,197 | doesn't fit | doesn't fit |
ARB on 35 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 | −0.1692% | 1h | 0.2208 | −0.276% | $40K | $372K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0240% | 1h | 0.2212 | −0.081% | $7K | $2K | 10x | as long as short |
| SoDEX ARB-USD | −0.0209% | 1h | 0.2213 | −0.072% | $10K | $2.5M | 5x | as long as short |
| Variational Omni ARB | −0.0172% | 8h | 0.2211 | −0.144% | $1.9M | $2.9M | — | as long as short |
| ApeX Omni ARBUSDTshort | −0.0156% | 1h | 0.2226 | +0.537% | $120K | $296K | 50x | |
| OKX ARB-USDT-SWAP | −0.0114% | 8h | 0.2212 | −0.090% | $22.3M | $156.9M | 50x | as long as short |
| MEXC ARB_USDT | −0.0113% | 8h | 0.2212 | −0.113% | $40.1M | $59.6M | 200x | as long as short |
| Bybit ARBUSDT | −0.0066% | 8h | 0.2213 | −0.068% | $56.8M | $129.0M | 50x | as long as short |
| Gate ARB_USDT | −0.0063% | 8h | 0.2212 | −0.077% | $5.4M | $19.8M | 60x | as long as short |
| Orderly PERP_ARB_USDC | −0.0059% | 8h | 0.2212 | −0.095% | $12K | $381K | 10x | as long as short |
Injective ARB/USDC PERP
01 Exchange ARBUSD
SoDEX ARB-USD
Variational Omni ARB
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Bybit ARBUSDT
Gate ARB_USDT
Orderly PERP_ARB_USDCShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ARBUSDT | −0.0001% | 8h | 0.2212 | −0.081% | $64.5M | $318.1M | 75x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2213 | −0.057% | $65K | $5K | 10x | as long as short |
| Extended ARB-USD | 0.0000% | 1h | 0.2211 | −0.128% | $353K | $2.5M | 25x | as long as short |
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2213 | −0.045% | $24K | $34K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0011% | 1h | 0.2213 | −0.043% | $10K | — | 150x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2213 | −0.050% | $140K | $7K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2211 | −0.122% | $1.2M | $7.4M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2213 | −0.050% | $38.2M | $51.1M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2212 | −0.090% | $659K | $1.7M | 20x | as long as short |
| Pacifica ARBlong | +0.0100% | 1h | 0.2214 | long leg | $42K | $188K | 10x | |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2213 | −0.050% | $19.6M | $15.8M | 75x | as long as short |
| Bitget ARBUSDT | +0.0100% | 8h | 0.2211 | −0.140% | $21.2M | $36.3M | 50x | as long as short |
| BingX ARB-USDT | +0.0100% | 8h | 0.2212 | −0.086% | — | $54.6M | — | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2225 | +0.481% | $40K | $463K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2219 | +0.216% | $480K | $3.7M | 10x | as long as short |
| Polymarket Perps ARB-USD | +0.0100% | 1h | 0.2213 | −0.063% | $76K | $2.1M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2213 | −0.050% | $1K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2212 | −0.108% | $297K | $1.0M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2212 | −0.095% | $5.0M | $13.0M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0240% | 1h | 0.2219 | +0.221% | $508K | $2.1M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0273% / S −0.0155% | 1h | 0.2214 | −0.016% | $826K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2211 | −0.121% | $2K | $695 | 20x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0312% | 1h | 0.2214 | −0.023% | $1.1M | $4.7M | 50x | as long as short |
| RISEx ARB/USDC | +0.0466% | 1h | 0.2214 | +0.002% | $469K | $2.6M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0523% | 1h | 0.2214 | +0.014% | $997K | $2.9M | 20x | as long as short |
Binance ARBUSDT
dYdX ARB-USD
Extended ARB-USD
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Aevo ARB-PERP
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
KuCoin ARBUSDTM
Bitget ARBUSDT
BingX ARB-USDT
edgeX ARBUSDC
GRVT ARB_USDT_Perp
Polymarket Perps ARB-USD
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
Coinbase International ARB-PERP-INTX
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Kraken Futures PF_ARBUSD
RISEx ARB/USDC
Backpack ARB_USDC_PERP