Funding you earn now, next payment 23:00 UTC+0.0097%/8h= +10.6% APRpaid last 24h +0.039%
Price spread now: ApeX Omni against Bybit+0.274%69s7-day average +0.045% · you sell dearer than you buy
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$760.761% of the position
Funding, last 7 days+0.177%+$18 on $10k
+Price spread, last 3 days (all we have)−0.028%−$3 · spread now +0.274%, 7d avg +0.045%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and ApeX Omni is 0.228% dearer against Bybit than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of +0.045%. The two prices were read 69 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit FILUSDT | 0.9863 | 0.0003 | pay 0.0003% / 8h | 1h 34m | $15.5M | $18.0M | 25x |
| Short | ApeX Omni FILUSDT | 0.9890 | 0.0100 | get 0.0013% / 1h | 34m 20s | $30K | $198K | 50x |
Bybit FILUSDT
ApeX Omni FILUSDTFunding 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
- $20.37
- Price spread: +0.274% → +0.045%
- $22.85
- Slippage, 4 orders
- −$55.09
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$32.87
- Costs to cover
- 0.761%
- Break-even
- 18.3 days
Slippage from Bybit: live order book, 4 min ago; ApeX Omni: live order book, 47 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 | 0.51 bp | 11.8 bp −$12 | 33.8 bp −$338 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 47 min ago | 15.25 bp | 25.0 bp −$25 | 133.0 bp −$1,330 | doesn't fit | doesn't fit |
FIL on 29 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_FILUSD | −0.0695% | 1h | 0.9873 | +0.102% | $1.4M | $2.3M | 50x | as long as short |
| Deribit FIL_USDC-PERPETUAL | −0.0661% | 1h | 0.9871 | +0.081% | $170K | $23K | 25x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0376% | 1h | 0.9855 | −0.081% | $317K | $1.9M | 50x | as long as short |
| Injective FIL/USDC PERP | −0.0252% | 1h | 0.9855 | −0.081% | $2K | $240K | 12x | as long as short |
| Bitget FILUSDT | −0.0017% | 8h | 0.9862 | −0.010% | $11.0M | $21.4M | 75x | as long as short |
| Lighter FIL | −0.0016% | 1h | 0.9862 | −0.011% | $158K | $349K | 5x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9863 | −0.004% | $25K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9865 | +0.023% | $58K | $2K | 10x | as long as short |
| Bybit FILUSDTlong | +0.0003% | 8h | 0.9863 | long leg | $15.5M | $18.0M | 25x | |
| KuCoin FILUSDTM | +0.0012% | 8h | 0.9854 | −0.091% | $7.4M | $7.0M | 50x | as long as short |
Kraken Futures PF_FILUSD
Deribit FIL_USDC-PERPETUAL
Coinbase International FIL-PERP-INTX
Injective FIL/USDC PERP
Bitget FILUSDT
Lighter FIL
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
KuCoin FILUSDTMShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX FIL-USDT-SWAP | +0.0029% | 8h | 0.9864 | +0.010% | $18.0M | $97.0M | 50x | as long as short |
| MEXC FIL_USDC | +0.0074% | 8h | 0.9842 | −0.213% | $250K | $104K | 50x | as long as short |
| Binance FILUSDT | +0.0077% | 8h | 0.9857 | −0.061% | $56.7M | $174.9M | 75x | as long as short |
| Extended FIL-USD | +0.0080% | 1h | 0.9858 | −0.050% | $689K | $2.3M | 10x | as long as short |
| BingX FIL-USDT | +0.0080% | 8h | 0.9857 | −0.061% | — | $11.9M | — | as long as short |
| Variational Omni FIL | +0.0099% | 8h | 0.9875 | +0.125% | $439K | $277K | — | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9850 | −0.130% | $8.6M | $9.4M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9859 | −0.042% | $488K | $525K | 20x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9857 | −0.061% | $7.8M | $16.2M | 50x | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9867 | +0.040% | $45K | $293K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9869 | +0.058% | $287K | $803K | 10x | as long as short |
| ApeX Omni FILUSDTshort | +0.0100% | 1h | 0.9890 | +0.274% | $30K | $198K | 50x | |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9867 | +0.043% | $5K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9850 | −0.132% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9866 | +0.030% | $483 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9853 | −0.101% | $623K | $5.6M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9860 | −0.030% | $1.1M | $2.3M | 50x | as long as short |
| BloFin FIL-USDT | +0.0198% | 8h | 0.9869 | +0.061% | $2.6M | $655K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0597% / S −0.0709% | 1h | 0.9859 | −0.044% | $206K | — | 100x | as long as short |
OKX FIL-USDT-SWAP
MEXC FIL_USDC
Binance FILUSDT
Extended FIL-USD
BingX FIL-USDT
Variational Omni FIL
Hyperliquid FIL
Aster FILUSDT
Gate FIL_USDT
edgeX FILUSDC
GRVT FIL_USDT_Perp
Orderly PERP_FIL_USDC_mythos
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]