Funding you earn now, next payment 23:00 UTC+0.0270%/8h= +29.6% APRnext payment +$0.34 per $10,000 · paid last 24h +0.042%
Price spread now: ApeX Omni against SoDEX−0.022%7-day average +0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$520.525% of the position
Funding, last 3 days (all we have)+0.078%+$8 on $10k
+Price spread, last 3 days (all we have)−0.624%−$62 · spread now −0.022%, 7d avg +0.016%
=Funding pays, the price is against you. ApeX Omni is 0.039% cheaper against SoDEX than usual: you would sell low and buy high (spread −0.022% now, against its 7-day average of +0.016%). If the spread goes back, that is −$4 on $10k: about 11 hours of funding at the current rate (+$8 a day). At the pace of the last 3 days (+0.078% in total) that is about 37 hours.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.078% in total (about 9.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.34 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 | SoDEX ARB-USD | 0.2236 | −0.0170 | get 0.0021% / 1h | 26m 38s | $4K | $2.8M | 5x |
| Short | ApeX Omni ARBUSDT | 0.2236 | 0.0100 | get 0.0013% / 1h | 26m 38s | $121K | $294K | 50x |
SoDEX ARB-USD
ApeX Omni ARBUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against SoDEX. 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
- $56.78
- Price spread: −0.022% → +0.016%
- −$3.85
- Slippage, 4 orders
- −$34.47
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- $0.45
- Costs to cover
- 0.525%
- Break-even
- 6.9 days
Slippage from SoDEX: live order book, 2 min ago; ApeX Omni: live order book, 56 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 SoDEX live order book, 2 min ago | 0.22 bp | 5.6 bp −$6 | 20.4 bp −$204 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 56 min ago | 8.93 bp | 22.1 bp −$22 | 122.8 bp −$1,228 | 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 | −0.1770% | 1h | 0.2239 | +0.112% | $40K | $372K | 12x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0242% | 1h | 0.2237 | +0.022% | $26K | $32K | 25x | as long as short |
| 01 Exchange ARBUSD | −0.0232% | 1h | 0.2234 | −0.094% | $7K | $2K | 10x | as long as short |
| SoDEX ARB-USDlong | −0.0170% | 1h | 0.2236 | long leg | $4K | $2.8M | 5x | |
| Variational Omni ARB | −0.0162% | 8h | 0.2230 | −0.292% | $1.9M | $2.8M | — | as long as short |
| Bybit ARBUSDT | −0.0143% | 8h | 0.2234 | −0.130% | $57.6M | $133.6M | 50x | as long as short |
| Polymarket Perps ARB-USD | −0.0113% | 1h | 0.2235 | −0.049% | $71K | $2.1M | 10x | as long as short |
| OKX ARB-USDT-SWAP | −0.0104% | 8h | 0.2234 | −0.121% | $22.5M | $161.0M | 50x | as long as short |
| MEXC ARB_USDT | −0.0102% | 8h | 0.2234 | −0.098% | $37.5M | $62.6M | 200x | as long as short |
| Orderly PERP_ARB_USDC | −0.0032% | 8h | 0.2236 | −0.022% | $11K | $394K | 10x | as long as short |
Injective ARB/USDC PERP
Deribit ARB_USDC-PERPETUAL
01 Exchange ARBUSD
Variational Omni ARB
Bybit ARBUSDT
Polymarket Perps ARB-USD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Orderly PERP_ARB_USDCShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ARBUSDT | −0.0009% | 8h | 0.2235 | −0.085% | $63.8M | $317.8M | 75x | as long as short |
| Extended ARB-USD | −0.0008% | 1h | 0.2233 | −0.137% | $356K | $2.4M | 25x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2236 | −0.004% | $66K | $4K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2238 | +0.051% | $56K | — | 150x | as long as short |
| Gate ARB_USDT | +0.0027% | 8h | 0.2235 | −0.063% | $5.5M | $20.7M | 60x | as long as short |
| Bitget ARBUSDT | +0.0074% | 8h | 0.2233 | −0.156% | $20.9M | $37.3M | 50x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2238 | +0.084% | $146K | $12K | 3x | as long as short |
| BingX ARB-USDC | +0.0083% | 8h | 0.2235 | −0.067% | — | $6.5M | — | as long as short |
| Kraken Futures PF_ARBUSD | +0.0085% | 1h | 0.2239 | +0.099% | $1.1M | $5.1M | 50x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2236 | −0.022% | $1.3M | $7.4M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2239 | +0.130% | $40.0M | $51.0M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2236 | −0.011% | $695K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2237 | +0.018% | $44K | $193K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2237 | +0.031% | $20.6M | $16.5M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2237 | +0.006% | $40K | $460K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2237 | +0.022% | $485K | $3.9M | 10x | as long as short |
| ApeX Omni ARBUSDTshort | +0.0100% | 1h | 0.2236 | −0.022% | $121K | $294K | 50x | |
| SunX ARB-USDT | +0.0100% | 8h | 0.2238 | +0.067% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2236 | 0.000% | $276K | $1.1M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2237 | +0.022% | $5.2M | $13.5M | 50x | as long as short |
| BloFin ARB-USDT | +0.0110% | 8h | 0.2236 | −0.027% | $3.0M | $3.3M | 75x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0264% | 1h | 0.2240 | +0.156% | $506K | $2.3M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0274% / S −0.0157% | 1h | 0.2237 | +0.034% | $837K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2235 | −0.066% | $2K | $695 | 20x | as long as short |
| RISEx ARB/USDC | +0.0363% | 1h | 0.2237 | +0.002% | $494K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0626% | 1h | 0.2241 | +0.183% | $1.1M | $2.7M | 20x | as long as short |
Binance ARBUSDT
Extended ARB-USD
dYdX ARB-USD
gTrade (Gains Network) ARB/USD
Gate ARB_USDT
Bitget ARBUSDT
Aevo ARB-PERP
BingX ARB-USDC
Kraken Futures PF_ARBUSD
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
BloFin ARB-USDT
Coinbase International ARB-PERP-INTX
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
RISEx ARB/USDC
Backpack ARB_USDC_PERP