Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.013%
Price spread now: Polymarket Perps against ApeX Omni−0.032%7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$230.230% of the position
Funding, last 7 days+0.034%+$3 on $10k
+Price spread, last 7 days+0.044%+$4 · spread now −0.032%, 7d avg −0.018%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni BTCUSDT | 86,290.3 | 0.0100 | pay 0.0013% / 1h | 13m 25s | $141.4M | $320.5M | 100x |
| Short | Polymarket Perps BTC-USD | 86,263 | 0.0100 | get 0.0013% / 1h | 13m 25s | $11.1M | $14.0M | 50x |
ApeX Omni BTCUSDT
Polymarket Perps BTC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against ApeX Omni. 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
- $0
- Price spread: −0.032% → −0.018%
- −$1.32
- Slippage, 4 orders
- −$5.04
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$24.36
- Costs to cover
- 0.230%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 1 min ago; Polymarket Perps: live order book, 6 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 ApeX Omni live order book, 1 min ago | 0.79 bp | 5.8 bp −$6 | 5.8 bp −$58 | 6.9 bp −$687 | 37.5 bp −$18.8K |
| Sell Polymarket Perps live order book, 6 min ago | 1.57 bp | 5.9 bp −$6 | 7.2 bp −$72 | 12.4 bp −$1,235 | doesn't fit |
BTC on 56 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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix BTC | −0.0129% | 1h | 86,372 | +0.095% | $2.2M | $11.2M | 40x | as long as short |
| Hotstuff BTC-PERP | −0.0080% | 1h | 86,277 | −0.015% | $9K | $3K | 50x | as long as short |
| 01 Exchange BTCUSD | −0.0040% | 1h | 86,265.3 | −0.029% | $364K | $2.3M | 50x | as long as short |
| Bluefin BTC-PERP | −0.0017% | 1h | 86,306.6 | +0.019% | $144K | $667K | 40x | as long as short |
| Perpl BTC | 0.0000% | 43m | 86,304.7 | +0.017% | $570K | $21.2M | 6.7x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0004% / S −0.0004% | 1h | 86,294.3 | +0.005% | $36.9M | — | 200x | as long as short |
| Injective BTC/USDC PERP | +0.0023% | 1h | 86,365 | +0.087% | $343K | $26.9M | 52x | as long as short |
| dYdX BTC-USD | +0.0027% | 1h | 86,318.1 | +0.032% | $16.9M | $20.5M | 50x | as long as short |
| Aster BTCUSDT | +0.0033% | 8h | 86,298.7 | +0.010% | $500.2M | $1.13B | 200x | as long as short |
| KuCoin XBTUSDTM | +0.0043% | 8h | 86,265.3 | −0.029% | $830.4M | $716.6M | 125x | as long as short |
Phoenix BTC
Hotstuff BTC-PERP
01 Exchange BTCUSD
Bluefin BTC-PERP
Perpl BTC
gTrade (Gains Network) BTC/USD
Injective BTC/USDC PERP
dYdX BTC-USD
Aster BTCUSDT
KuCoin XBTUSDTMShow all 56 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Reya BTCRUSDPERP | +0.0048% | 1h | 86,257.1 | −0.038% | $6.7M | $145.8M | 40x | as long as short |
| BingX BTC-USDC | +0.0051% | 8h | 86,275.2 | −0.017% | — | $15.3M | — | as long as short |
| RISEx BTC/USDC | +0.0052% | 1h | 86,274.4 | −0.018% | $8.3M | $42.4M | 25x | as long as short |
| Bitget BTCUSDT | +0.0065% | 8h | 86,278.1 | −0.014% | $2.97B | $5.04B | 150x | as long as short |
| Aevo BTC-PERP | +0.0080% | 1h | 86,265.3 | −0.029% | $2.5M | $1.8M | 20x | as long as short |
| SoDEX BTC-USD | +0.0080% | 1h | 86,268 | −0.026% | $60.4M | $338.2M | 40x | as long as short |
| MEXC BTC_USDT | +0.0084% | 8h | 86,260.6 | −0.034% | $5.10B | $5.75B | 500x | as long as short |
| Binance BTCUSDT | +0.0084% | 8h | 86,271.5 | −0.022% | $9.40B | $24.22B | 150x | as long as short |
| Phemex BTCUSDT | +0.0094% | 8h | 86,353 | +0.073% | $155.4M | $473.0M | 150x | as long as short |
| Lighter BTC | +0.0096% | 1h | 86,299.7 | +0.011% | $170.4M | $992.2M | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 86,306.9 | +0.019% | $23.6M | $151.9M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 86,258 | −0.037% | $8.4M | $52.0M | 100x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 86,238 | −0.061% | $191K | $7.3M | 50x | as long as short |
| Paradex BTC-USD-PERP | +0.0100% | 8h | 86,298.1 | +0.009% | $4.2M | $8.6M | 50x | as long as short |
| Nado BTC-PERP | +0.0100% | 1h | 86,290.1 | 0.000% | $22.0M | $226.2M | 50x | as long as short |
| Hyperliquid BTC | +0.0100% | 1h | 86,328 | +0.044% | $3.78B | $4.99B | 40x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 86,317.9 | +0.032% | $40.6M | $558.6M | 50x | as long as short |
| Bybit BTCUSDT | +0.0100% | 8h | 86,282.4 | −0.009% | $5.25B | $9.64B | 150x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 86,285.9 | −0.005% | $2.56B | $12.45B | 100x | as long as short |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 86,277 | −0.015% | $3.9M | $17.8M | 25x | as long as short |
| Arcus BTC-USD | +0.0100% | 1h | 86,293.7 | +0.004% | $7.2M | $94.9M | 40x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 86,145.7 | −0.168% | $580.3M | $59.0M | 40x | as long as short |
| Gate BTC_USDT | +0.0100% | 8h | 86,280.2 | −0.012% | $5.77B | $10.62B | 200x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 86,360 | +0.081% | $35.6M | $160.9M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 86,226.1 | −0.074% | $156.7M | $559.2M | — | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 86,254.8 | −0.041% | $278.6M | $953.7M | 100x | as long as short |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 86,292.2 | +0.002% | $216.6M | $165.6M | 50x | as long as short |
| ApeX Omni BTCUSDTlong | +0.0100% | 1h | 86,290.3 | long leg | $141.4M | $320.5M | 100x | |
| StandX BTC-USD | +0.0100% | 1h | 86,313.4 | +0.027% | $30.6M | $208.3M | 40x | as long as short |
| Vest BTC-PERP | +0.0100% | 1h | 86,323.9 | +0.039% | — | $11.8M | 50x | as long as short |
| Polymarket Perps BTC-USDshort | +0.0100% | 1h | 86,263 | −0.032% | $11.1M | $14.0M | 50x | |
| Bullet BTC-USD | +0.0100% | 1h | 86,274 | −0.019% | $191K | $3.3M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 86,272 | −0.021% | $2.4M | $9.1M | 100x | as long as short |
| Derive BTC-PERP | +0.0100% | 1h | 86,293.7 | +0.004% | $30.3M | $56.7M | 15x | as long as short |
| SunX BTC-USDT | +0.0100% | 8h | 86,243.3 | −0.054% | $3.3M | $5.4M | 100x | as long as short |
| HTX BTC-USDT | +0.0100% | 8h | 86,325 | +0.040% | $2.29B | $958.7M | 200x | as long as short |
| Extended BTC-USD | +0.0104% | 1h | 86,259.4 | −0.036% | $46.0M | $222.5M | 50x | as long as short |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0048% | 1h | 86,362.5 | +0.084% | — | $99.1M | 500x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0120% | 1h | 86,292 | +0.002% | $132.3M | $5.30B | 50x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0121% | 1h | 86,283.2 | −0.008% | $191.8M | $947.3M | 100x | as long as short |
| Hibachi BTC/USDT-P | +0.0160% | 1h | 86,317.2 | +0.031% | $713K | $7.9M | 30x | as long as short |
| Deribit BTC-PERPETUAL | +0.0167% | 1h | 86,322.7 | +0.038% | $902.3M | $1.51B | 50x | as long as short |
| Aftermath Perps BTCUSD | +0.0168% | 1h | 86,309.4 | +0.022% | $77K | $217K | 20x | as long as short |
| BloFin BTC-USDT | +0.0204% | 8h | 86,297 | +0.008% | $416.1M | $641.9M | 150x | as long as short |
| Kalshi KXBTCPERP | +0.0205% | 8h | 86,354 | +0.074% | $10.6M | $765.7M | 6.4x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0207% / S −0.0222% | 1h | 86,287.8 | −0.003% | $14.5M | — | 200x | as long as short |
Reya BTCRUSDPERP
BingX BTC-USDC
RISEx BTC/USDC
Bitget BTCUSDT
Aevo BTC-PERP
SoDEX BTC-USD
MEXC BTC_USDT
Binance BTCUSDT
Phemex BTCUSDT
Lighter BTC
Lighter RH BTC
Popdex BTCUSDT
Katana Perps BTC-USD
Paradex BTC-USD-PERP
Nado BTC-PERP
Hyperliquid BTC
Pacifica BTC
Bybit BTCUSDT
OKX BTC-USDT-SWAP
Ondo Perps BTC-USD.P
Arcus BTC-USD
Bulk BTC-USD
Gate BTC_USDT
Backpack BTC_USDC_PERP
Variational Omni BTC
edgeX BTCUSDC
GRVT BTC_USDT_Perp
StandX BTC-USD
Vest BTC-PERP
Bullet BTC-USD
Orderly PERP_BTC_USDC
Derive BTC-PERP
SunX BTC-USDT
HTX BTC-USDT
Extended BTC-USD
Jupiter Perps WBTC-PERP
Coinbase International BTC-PERP-INTX
Kraken Futures PF_XBTUSD
Hibachi BTC/USDT-P
Deribit BTC-PERPETUAL
Aftermath Perps BTCUSD
BloFin BTC-USDT
Kalshi KXBTCPERP
GMX BTC/USD [WBTC.b-USDC]