Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.000003064 | +0.0100 | pay 0.0013% / 1h | 46m 26s | $123K | $6K | 25x | Long ApeX Omni5% off | |
| SHORT | 0.000003060 | +0.0100 | get 0.0050% / 4h | 1h 46m | $231K | $3.6M | 10x | Short GRVT |
Price gap−0.145%
Funding gap0.0000% /8h
Funding is ≈ 0 and the gap is 0.121% under its 7d average: the price leg works against you, −$12 on $10k if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$50.0000% /8h now · paid −0.049% over the last 7D
Price−$12spread −0.145% now, avg −0.024% → −0.121% if it goes back
Costs−$620.621% of $10k · taker + slippage, in and out
Result−$79−0.79%+ Points / potential airdropGRVT: points · farm boardWhat the last 7D really paid, hour by hour → backtest
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.145%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hBONK on 31 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- Watch: Thin at this size20.2 / 12.9 bpAt $10k entering ApeX Omni costs 20.2 bp, fee and slippage, 1.6× GRVT’s.
- Note: Margin at max leverage$400 + $1,000ApeX Omni 25x, GRVT 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 4hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: $0.00Long ApeX Omni: 24 payments, −$3.00; short GRVT: 6 payments, +$3.00.
- Watch: Gap narrower than usual−0.145% vs −0.024%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$123K vs $231K OIApeX Omni sets your exit cost. Check its book before closing.
- OK: Points on a legGRVT pointsVolume here counts toward the points program.
- OK: No KYC on either legApeX Omni No · GRVT NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0023%/8h × 21 periods−$4.92
Price spread−0.145% → −0.024% (7d avg)−$12.13
Slippage, 4 orderslive order books−$43.13
Fee ApeX Omni bp × 2 orders−$10.00
Fee GRVT bp × 2 orders−$9.00
Net · 7 days · $10k−$79.18
Costs to cover0.621%Break-evennever at this rate
Slippage: ApeX Omni: live order book, 56 min ago; GRVT: live order book, 1 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGApeX Omni11.3520.2 bp−$20106.8 bp−$1,068doesn’t fitdoesn’t fit
SELL · SHORTGRVT3.2712.9 bp−$1328.7 bp−$287doesn’t fitdoesn’t fit
Closing costs about the same again.
| 09-24 20:40 | Phoenix | Listing | Now live: $Bonk - 10x leverage. The coin that started it all is now available on Phoenix. @PhoenixTrade on X ↗ |
| 09-24 15:00 | Phoenix | Listing | new market kBONK ($BONK) seen by our collector |
| 09-22 07:03 | ApeX Omni | Other | 59 up, 26 down on the ApeX board, median name +2.5%. Memecoins swept it: ethereum:0x6982508145454ce325ddbe47a25d4ec3d2311933 +25.9%, $BONK +20.5%, $WIF +20.1%, with $TAO +18.2%. $AR -15.0% is the only real casualty. This is what a short squeeze looks like on day two. @OfficialApeXdex on X ↗ |


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