Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.1738 | −0.0243 | get 0.0030% / 1h | 51m 59s | $4K | $355K | 20x | Long Bullet | |
| SHORT | 0.1758 | +0.0648 | get 0.0081% / 1h | 51m 59s | $28K | $168K | 50x | Short ApeX Omni5% off |
Price gap+1.157%61s
Funding gap+0.0891% /8h
Both sides work: funding pays +$27 a day on $10k, and the gap is 1.167% above its 7d average: +$117 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$30+0.0891% /8h now · paid +0.297% over the last 7D
Price—spread +1.157%61s now · prices read too far apart to compare
Costs−$380.378% of $10k · taker + slippage, in and out
The current funding rate is far above what this pair has been paying: over the last 7 days it paid +0.297% in total, about +0.0141%/8h on average.
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+1.157%
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
/8hENA on 44 exchanges
lowest funding firstBefore you open
3 ok · 3 to watch- Watch: Thin at this size2.2 / 16.9 bpAt $10k entering ApeX Omni costs 16.9 bp, fee and slippage, 7.5× Bullet’s.
- Note: Margin at max leverage$500 + $200Bullet 20x, ApeX Omni 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval1h / 1hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: +$26.73Long Bullet: 24 payments, +$7.29; short ApeX Omni: 24 payments, +$19.44.
- Watch: Prices read 61 s apart+1.157% vs −0.010%Part of this gap may be the market moving.
- Watch: Long leg is thinner$4K vs $28K OIBullet sets your exit cost. Check its book before closing.
- OK: Points on a legBullet pointsVolume here counts toward the points program.
- OK: No KYC on either legBullet No · ApeX Omni NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0141%/8h × 21 periods+$29.69
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$27.84
Fee Bullet bp × 2 orders$0.00
Fee ApeX Omni bp × 2 orders−$10.00
Net · 7 days · $10k−$8.14
price spread not counted: prices read too far apartCosts to cover0.378%Break-even8.9 days
Slippage: Bullet: live order book, 41 min ago; ApeX Omni: live order book, 61 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBullet2.242.2 bp−$26.6 bp−$66doesn’t fitdoesn’t fit
SELL · SHORTApeX Omni8.5516.9 bp−$17132.8 bp−$1,328doesn’t fitdoesn’t fit
Closing costs about the same again.
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