Funding you earn now, next payment 02:00 UTC+0.0030%/8h= +3.3% APRpaid last 24h +0.009%
Price spread now: ApeX Omni against Bybit+0.053%7-day average +0.095% · you sell dearer than you buy
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$350.348% of the position
Funding, last 7 days+0.114%+$11 on $10k
+Price spread, last 3 days (all we have)+0.067%+$7 · spread now +0.053%, 7d avg +0.095%
=Funding pays, the price is against you. ApeX Omni is 0.042% cheaper against Bybit than usual: you would sell low and buy high (spread +0.053% now, against its 7-day average of +0.095%). If the spread goes back, that is −$4 on $10k: about 4.7 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BNBUSDT | 793.30 | 0.0070 | pay 0.0070% / 8h | 6h 49m | $138.2M | $77.4M | 75x |
| Short | ApeX Omni BNBUSDT | 793.72 | 0.0100 | get 0.0013% / 1h | 49m 35s | $160K | $435K | 50x |
Bybit BNBUSDT
ApeX Omni BNBUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Bybit. 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
- $6.26
- Price spread: +0.053% → +0.095%
- −$4.22
- Slippage, 4 orders
- −$13.75
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$32.72
- Costs to cover
- 0.348%
- Break-even
- 43.6 days
Slippage from Bybit: live order book, 4 min ago; ApeX Omni: live order book, 18 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 Bybit live order book, 4 min ago | 0.63 bp | 7.1 bp −$7 | 8.4 bp −$84 | 22.7 bp −$2,268 | 144.6 bp −$72.3K |
| Sell ApeX Omni live order book, 18 min ago | 1.50 bp | 13.4 bp −$13 | 35.1 bp −$351 | doesn't fit | doesn't fit |
BNB on 46 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX BNB/USD [WBTC.b-USDC] | L −0.0161% / S +0.0334% | 1h | 793.30 | 0.000% | $47K | — | 200x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0132% | 1h | 793.37 | +0.009% | $2.5M | $1.0M | 50x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 793.55 | +0.032% | $4K | $239 | 25x | as long as short |
| Gate BNB_USDT | −0.0024% | 8h | 793.15 | −0.019% | $35.5M | $55.2M | 75x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 792.87 | −0.054% | $3.0M | $28.2M | 10x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 793.88 | +0.073% | $858K | $3.0M | 30x | as long as short |
| Variational Omni BNB | +0.0006% | 8h | 792.93 | −0.047% | $4.1M | $5.1M | — | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0007% | 1h | 793.25 | −0.007% | $9.7M | — | 150x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +1.486% | $19K | $789K | 30x | as long as short |
| Aster BNBUSDT | +0.0034% | 8h | 793.95 | +0.082% | $6.1M | $20.0M | 200x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Kraken Futures PF_BNBUSD
Hotstuff BNB-PERP
Gate BNB_USDT
GRVT BNB_USDT_Perp
StandX BNB-USD
Variational Omni BNB
gTrade (Gains Network) BNB/USD
Injective BNB/USDC PERP
Aster BNBUSDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX BNB-USD | +0.0036% | 1h | 793.28 | −0.002% | $160K | $63K | 10x | as long as short |
| Phemex BNBUSDT | +0.0039% | 8h | 793.93 | +0.079% | $69.4M | $50.4M | 50x | as long as short |
| BingX BNB-USDC | +0.0045% | 8h | 793.20 | −0.013% | — | $13.4M | — | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0056% | 1h | 791.39 | −0.241% | $607K | $1.1M | 50x | as long as short |
| MEXC BNB_USDT | +0.0062% | 8h | 794.00 | +0.088% | $82.3M | $12.7M | 200x | as long as short |
| Binance BNBUSDT | +0.0062% | 8h | 793.94 | +0.081% | $493.9M | $819.6M | 75x | as long as short |
| Bybit BNBUSDTlong | +0.0070% | 8h | 793.30 | long leg | $138.2M | $77.4M | 75x | |
| Phoenix BNB | +0.0088% | 1h | 792.08 | −0.154% | $170K | $36K | 10x | as long as short |
| Lighter BNB | +0.0096% | 1h | 793.25 | −0.006% | $2.8M | $3.9M | 20x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 793.28 | −0.003% | $383K | $468K | 50x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 793.35 | +0.006% | $1.4M | $2.7M | 20x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 793.53 | +0.029% | $1.2M | $932K | 20x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 793.30 | 0.000% | $53.3M | $111.0M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 793.60 | +0.038% | $52K | $134K | 10x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 793.06 | −0.030% | $27.7M | $10.0M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 793.11 | −0.024% | $77.4M | $28.4M | 75x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 792.62 | −0.086% | $4.1M | $76.6M | 30x | as long as short |
| ApeX Omni BNBUSDTshort | +0.0100% | 1h | 793.72 | +0.053% | $160K | $435K | 50x | |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 793.42 | +0.015% | $112K | $889K | 10x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 793.42 | +0.015% | $32K | $9K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 794.24 | +0.118% | $13K | $1.6M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 793.40 | +0.013% | $390K | $995K | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 793.58 | +0.035% | $8.1M | $8.6M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 793.57 | +0.034% | $77K | $17K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 792.96 | −0.043% | $1.7M | $6.0M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 792.95 | −0.044% | $381K | $110K | 10x | as long as short |
| Hyperliquid BNB | +0.0113% | 1h | 794.22 | +0.116% | $52.6M | $19.8M | 10x | as long as short |
| RISEx BNB/USDC | +0.0131% | 1h | 793.56 | +0.033% | $1.1M | $1.4M | 20x | as long as short |
| Bulk BNB-USD | +0.0139% | 1h | 794.97 | +0.211% | $646K | $10K | 10x | as long as short |
| Kalshi KXBNBPERP | +0.0158% | 8h | 793.90 | +0.076% | $105K | $2.8M | 4.8x | as long as short |
| BloFin BNB-USDT | +0.0182% | 8h | 794.09 | +0.100% | $18.1M | $2.5M | 75x | as long as short |
| 01 Exchange BNBUSD | +0.0232% | 1h | 793.99 | +0.087% | $28K | $1K | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0300% | 1h | 793.75 | +0.057% | $1.6M | $161K | 25x | as long as short |
| Reya BNBRUSDPERP | +0.0329% | 1h | 793.11 | −0.024% | $6K | $3K | 40x | as long as short |
| Backpack BNB_USDC_PERP | +0.0360% | 1h | 794.33 | +0.130% | $2.7M | $5.7M | 40x | as long as short |
| Hibachi BNB/USDT-P | +0.0440% | 1h | 793.18 | −0.015% | $68K | $38K | 12x | as long as short |
dYdX BNB-USD
Phemex BNBUSDT
BingX BNB-USDC
Coinbase International BNB-PERP-INTX
MEXC BNB_USDT
Binance BNBUSDT
Phoenix BNB
Lighter BNB
Orderly PERP_BNB_USDC
Nado BNB-PERP
Pacifica BNB
OKX BNB-USDT-SWAP
Arcus BNB-USD
KuCoin BNBUSDTM
Bitget BNBUSDT
edgeX BNBUSDC
Polymarket Perps BNB-USD
Derive BNB-PERP
SunX BNB-USDT
SoDEX BNB-USD
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Aevo BNB-PERP
Hyperliquid BNB
RISEx BNB/USDC
Bulk BNB-USD
Kalshi KXBNBPERP
BloFin BNB-USDT
01 Exchange BNBUSD
Deribit BNB_USDC-PERPETUAL
Reya BNBRUSDPERP
Backpack BNB_USDC_PERP
Hibachi BNB/USDT-P