Funding you earn now, next payment 05:00 UTC−0.0189%/8h= −20.7% APRnext payment −$0.24 per $10,000 · paid last 24h −0.058%
Price spread now: ApeX Omni against Reya+0.132%57s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. ApeX Omni is 0.132% dearer against Reya than usual: you sell high and buy low (spread +0.132% now, against zero (this spread has no 7-day history yet)): +$13 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 2.3 days. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya ARBRUSDPERP | 0.2197 | 0.0289 | pay 0.0036% / 1h | 53m 30s | $2K | $695 | 20x |
| Short | ApeX Omni ARBUSDT | 0.2200 | 0.0100 | get 0.0013% / 1h | 53m 30s | $119K | $284K | 50x |
Reya ARBRUSDPERP
ApeX Omni ARBUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Reya. 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
- −$39.73
- Price spread: +0.132% → 0.000%
- $13.23
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$42.5
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; ApeX Omni: live order book, 64 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 Reya no order-book sample | — | — | — | — | — |
| Sell ApeX Omni live order book, 64 min ago | 6.81 bp | 15.5 bp −$15 | 108.8 bp −$1,088 | doesn't fit | doesn't fit |
Reya: 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 | −0.1589% | 1h | 0.2188 | −0.414% | $39K | $372K | 12x | as long as short |
| Polymarket Perps ARB-USD | −0.0280% | 1h | 0.2198 | +0.064% | $81K | $2.1M | 10x | as long as short |
| OKX ARB-USDT-SWAP | −0.0115% | 8h | 0.2201 | +0.187% | $22.2M | $144.1M | 50x | as long as short |
| MEXC ARB_USDT | −0.0115% | 8h | 0.2199 | +0.082% | $42.2M | $60.2M | 200x | as long as short |
| Variational Omni ARB | −0.0097% | 8h | 0.2199 | +0.085% | $1.8M | $2.9M | — | as long as short |
| Orderly PERP_ARB_USDC | −0.0073% | 8h | 0.2198 | +0.041% | $12K | $404K | 10x | as long as short |
| 01 Exchange ARBUSD | −0.0064% | 1h | 0.2200 | +0.119% | $7K | $2K | 10x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0050% | 1h | 0.2199 | +0.082% | $1.1M | $4.4M | 50x | as long as short |
| Bybit ARBUSDT | −0.0042% | 8h | 0.2200 | +0.146% | $55.4M | $124.2M | 50x | as long as short |
| Gate ARB_USDT | −0.0031% | 8h | 0.2198 | +0.064% | $5.3M | $18.0M | 60x | as long as short |
Injective ARB/USDC PERP
Polymarket Perps ARB-USD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Variational Omni ARB
Orderly PERP_ARB_USDC
01 Exchange ARBUSD
Kraken Futures PF_ARBUSD
Bybit ARBUSDT
Gate ARB_USDTShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ARB-USD | 0.0000% | 1h | 0.2200 | +0.128% | $65K | $5K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2198 | +0.046% | $24K | $34K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0006% | 1h | 0.2199 | +0.107% | $32K | — | 150x | as long as short |
| Binance ARBUSDT | +0.0022% | 8h | 0.2201 | +0.187% | $63.9M | $300.2M | 75x | as long as short |
| Extended ARB-USD | +0.0024% | 1h | 0.2198 | +0.039% | $350K | $2.5M | 25x | as long as short |
| SoDEX ARB-USD | +0.0051% | 1h | 0.2198 | +0.032% | $10K | $2.2M | 5x | as long as short |
| Bitget ARBUSDT | +0.0060% | 8h | 0.2198 | +0.041% | $20.9M | $34.1M | 50x | as long as short |
| BingX ARB-USDT | +0.0061% | 8h | 0.2199 | +0.073% | — | $53.6M | — | as long as short |
| BloFin ARB-USDT | +0.0084% | 8h | 0.2203 | +0.278% | $3.1M | $2.5M | 75x | as long as short |
| Aevo ARB-PERP | +0.0088% | 1h | 0.2199 | +0.074% | $139K | $7K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2199 | +0.100% | $1.2M | $5.5M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2200 | +0.150% | $37.7M | $48.3M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2199 | +0.081% | $633K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2199 | +0.093% | $42K | $163K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2200 | +0.150% | $19.6M | $14.8M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2201 | +0.163% | $38K | $462K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2201 | +0.191% | $467K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDTshort | +0.0100% | 1h | 0.2200 | +0.132% | $119K | $284K | 50x | |
| SunX ARB-USDT | +0.0100% | 8h | 0.2200 | +0.132% | $1K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2200 | +0.146% | $299K | $900K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2200 | +0.132% | $5.0M | $12.8M | 50x | as long as short |
| RISEx ARB/USDC | +0.0118% | 1h | 0.2200 | +0.135% | $481K | $2.6M | 10x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0256% | 1h | 0.2204 | +0.314% | $492K | $1.8M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0276% / S −0.0158% | 1h | 0.2199 | +0.096% | $830K | — | 150x | as long as short |
| Reya ARBRUSDPERPlong | +0.0289% | 1h | 0.2197 | long leg | $2K | $695 | 20x | |
| Backpack ARB_USDC_PERP | +0.0604% | 1h | 0.2200 | +0.150% | $991K | $2.8M | 20x | as long as short |
dYdX ARB-USD
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Binance ARBUSDT
Extended ARB-USD
SoDEX ARB-USD
Bitget ARBUSDT
BingX ARB-USDT
BloFin ARB-USDT
Aevo ARB-PERP
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
RISEx ARB/USDC
Coinbase International ARB-PERP-INTX
GMX ARB/USD [ARB-USDC]
Backpack ARB_USDC_PERP