Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.000003075 | +0.0100 | pay 0.0050% / 4h | 2h 42m | $236K | $3.6M | 10x | Long GRVT | |
| SHORT | 0.000003073 | +0.0100 | get 0.0013% / 1h | 42m 49s | $124K | $6K | 25x | Short ApeX Omni5% off |
Price gap−0.068%
Funding gap0.0000% /8h
Funding is ≈ 0 and the gap is 0.092% under its 7d average: the price leg works against you, −$9 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−$9spread −0.068% now, avg +0.024% → −0.092% if it goes back
Costs−$610.611% of $10k · taker + slippage, in and out
Result−$65−0.65%+ 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−0.068%
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 size11.1 / 19.8 bpAt $10k entering ApeX Omni costs 19.8 bp, fee and slippage, 1.8× GRVT’s.
- Note: Margin at max leverage$1,000 + $400GRVT 10x, ApeX Omni 25x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ4h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: $0.00Long GRVT: 6 payments, −$3.00; short ApeX Omni: 24 payments, +$3.00.
- Watch: Gap narrower than usual−0.068% vs +0.024%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$124K vs $236K 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 legGRVT No · ApeX Omni 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−0.068% → +0.024% (7d avg)−$9.16
Slippage, 4 orderslive order books−$42.10
Fee GRVT bp × 2 orders−$9.00
Fee ApeX Omni bp × 2 orders−$10.00
Net · 7 days · $10k−$65.33
Costs to cover0.611%Break-even99.9 days
Slippage: GRVT: live order book, 5 min ago; ApeX Omni: live order book, 64 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGGRVT3.2511.1 bp−$1120.4 bp−$204doesn’t fitdoesn’t fit
SELL · SHORTApeX Omni11.4519.8 bp−$20116.5 bp−$1,165doesn’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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