Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.008%
Price spread now: ApeX Omni against Bybit+0.282%7-day average +0.112% · you sell dearer than you buy
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$560.560% of the position
Funding, last 7 days+0.046%+$5 on $10k
+Price spread, last 3 days (all we have)−0.036%−$4 · spread now +0.282%, 7d avg +0.112%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.170% dearer against Bybit than usual: you sell high and buy low, +$17 on $10k if it goes back to its 7-day average of +0.112%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit OPUSDT | 0.1275 | 0.0100 | pay 0.0100% / 8h | 7h 13m | $18.5M | $26.0M | 75x |
| Short | ApeX Omni OPUSDT | 0.1279 | 0.0100 | get 0.0013% / 1h | 13m 32s | $44K | $725K | 50x |
Bybit OPUSDT
ApeX Omni OPUSDTFunding 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
- $0
- Price spread: +0.282% → +0.112%
- $17.04
- Slippage, 4 orders
- −$35.01
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$38.97
- Costs to cover
- 0.560%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; ApeX Omni: live order book, 60 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, 5 min ago | 0.40 bp | 12.5 bp −$13 | 28.2 bp −$282 | 148.2 bp −$14.8K | doesn't fit |
| Sell ApeX Omni live order book, 60 min ago | 7.86 bp | 16.1 bp −$16 | 107.9 bp −$1,079 | doesn't fit | doesn't fit |
OP on 30 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective OP/USDC PERP | −0.1656% | 1h | 0.1256 | −1.521% | $35K | $58K | 12x | as long as short |
| GMX OP/USD [OP-USDC] | L −0.1065% / S +0.0229% | 1h | 0.1281 | +0.455% | $13K | — | 100x | as long as short |
| Coinbase International OP-PERP-INTX | −0.0352% | 1h | 0.1281 | +0.439% | $25K | $78K | 50x | as long as short |
| dYdX OP-USD | 0.0000% | 1h | 0.1278 | +0.204% | $39K | $519 | 10x | as long as short |
| Deribit OP_USDC-PERPETUAL | 0.0000% | 1h | 0.1281 | +0.439% | $42K | $167K | 25x | as long as short |
| gTrade (Gains Network) OP/USD | L +0.0004% / S −0.0004% | 1h | 0.1281 | +0.471% | — | — | 150x | as long as short |
| Variational Omni OP | +0.0051% | 8h | 0.1271 | −0.353% | $232K | $46K | — | as long as short |
| Orderly PERP_OP_USDC | +0.0058% | 8h | 0.1281 | +0.439% | $6K | $48K | 10x | as long as short |
| Lighter OP | +0.0096% | 1h | 0.1279 | +0.290% | $284K | $952K | 15x | as long as short |
| Hyperliquid OP | +0.0100% | 1h | 0.1279 | +0.298% | $4.0M | $2.9M | 5x | as long as short |
Injective OP/USDC PERP
GMX OP/USD [OP-USDC]
Coinbase International OP-PERP-INTX
dYdX OP-USD
Deribit OP_USDC-PERPETUAL
gTrade (Gains Network) OP/USD
Variational Omni OP
Orderly PERP_OP_USDC
Lighter OP
Hyperliquid OPShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster OPUSDT | +0.0100% | 8h | 0.1279 | +0.268% | $214K | $236K | 10x | as long as short |
| Binance OPUSDT | +0.0100% | 8h | 0.1276 | +0.051% | $20.6M | $62.1M | 75x | as long as short |
| Bybit OPUSDTlong | +0.0100% | 8h | 0.1275 | long leg | $18.5M | $26.0M | 75x | |
| OKX OP-USDT-SWAP | +0.0100% | 8h | 0.1275 | −0.039% | $6.2M | $30.3M | 50x | as long as short |
| Gate OP_USDT | +0.0100% | 8h | 0.1278 | +0.212% | $2.0M | $1.6M | 50x | as long as short |
| MEXC OP_USDT | +0.0100% | 8h | 0.1277 | +0.133% | $20.3M | $7.4M | 300x | as long as short |
| KuCoin OPUSDTM | +0.0100% | 8h | 0.1277 | +0.125% | $2.9M | $7.1M | 75x | as long as short |
| Bitget OPUSDT | +0.0100% | 8h | 0.1276 | +0.047% | $6.0M | $6.4M | 75x | as long as short |
| BingX OP-USDC | +0.0100% | 8h | 0.1277 | +0.125% | — | $1.6M | — | as long as short |
| Backpack OP_USDC_PERP | +0.0100% | 1h | 0.1281 | +0.447% | $123K | $188K | 10x | as long as short |
| edgeX OPUSDC | +0.0100% | 4h | 0.1277 | +0.124% | $4K | $392K | 10x | as long as short |
| GRVT OP_USDT_Perp | +0.0100% | 8h | 0.1279 | +0.285% | $316K | $5.1M | 10x | as long as short |
| ApeX Omni OPUSDTshort | +0.0100% | 1h | 0.1279 | +0.282% | $44K | $725K | 50x | |
| SoDEX OP-USD | +0.0100% | 1h | 0.1281 | +0.470% | $173 | $6K | 5x | as long as short |
| HTX OP-USDT | +0.0100% | 8h | 0.1282 | +0.517% | $177K | $235K | 50x | as long as short |
| Extended OP-USD | +0.0104% | 1h | 0.1276 | +0.074% | $107K | $389K | 25x | as long as short |
| Aevo OP-PERP | +0.0104% | 1h | 0.1281 | +0.468% | $4K | $1K | 3x | as long as short |
| BloFin OP-USDT | +0.0220% | 8h | 0.1279 | +0.306% | $1.0M | $279K | 75x | as long as short |
| Kraken Futures PF_OPUSD | +0.0378% | 1h | 0.1283 | +0.602% | $810K | $755K | 20x | as long as short |
| Reya OPRUSDPERP | +0.0439% | 1h | 0.1275 | +0.004% | $709 | — | 20x | as long as short |
Aster OPUSDT
Binance OPUSDT
OKX OP-USDT-SWAP
Gate OP_USDT
MEXC OP_USDT
KuCoin OPUSDTM
Bitget OPUSDT
BingX OP-USDC
Backpack OP_USDC_PERP
edgeX OPUSDC
GRVT OP_USDT_Perp
SoDEX OP-USD
HTX OP-USDT
Extended OP-USD
Aevo OP-PERP
BloFin OP-USDT
Kraken Futures PF_OPUSD
Reya OPRUSDPERP