S

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0397%/8h= +43.5% APRnext payment +$0.50 per $10,000 · paid last 24h −0.049%

Price spread now: Deribit against ApeX Omni−0.248%74s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on ApeX Omni Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Deribit is 0.248% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.248% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$25 on $10k: about 2.1 days of funding at the current rate (+$12 a day). The two prices were read 74 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	ApeX Omni SUSDT	0.04030	0.0100	pay 0.0013% / 1h	28m 01s	$24K	$459K	50x
Short	Deribit S_USDC-PERPETUAL	0.04020	0.0497	get 0.0062% / 1h	28m 01s	$68K	$10K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ApeX OmnibpFee DeribitbpOrdersPrice spread, now −0.248%Rate

Funding earned: $83.33
Price spread: −0.248% → 0.000%: −$24.81
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: $41.52
Costs to cover: 0.170%
Break-even: 3.5 days

Slippage unknown: ApeX Omni: live order book, 30 min ago; Deribit: no order-book sample. Net counts fees only.

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, 30 min ago	24.51 bp	54.5 bp −$54	doesn't fit	doesn't fit	doesn't fit
Sell Deribit no order-book sample	—	—	—	—	—

Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

S on 25 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
01 Exchange SUSD	−0.7648%	1h	0.03910	−2.978%	$24K	$2K	5x	as long as short
Kraken Futures PF_SUSD	−0.2544%	1h	0.04014	−0.409%	$33K	$13K	10x	as long as short
Coinbase International S-PERP-INTX	−0.1376%	1h	0.03986	−1.092%	$48K	$16K	25x	as long as short
GMX S/USD [WBTC.b-USDC]	L −0.0206% / S +0.0198%	1h	0.04018	−0.290%	$1K	—	100x	as long as short
Reya SRUSDPERP	−0.0101%	1h	0.04017	−0.320%	$4	—	15x	as long as short
gTrade (Gains Network) S/USD	L +0.0001% / S +0.0006%	1h	0.04019	−0.285%	$3K	—	150x	as long as short
Variational Omni S	+0.0020%	4h	0.04025	−0.117%	$624K	$30K	—	as long as short
Injective S/USDC PERP	+0.0033%	1h	0.04100	+1.737%	$2K	$37K	12x	as long as short
Orderly PERP_S_USDC	+0.0064%	4h	0.04016	−0.347%	$99K	$296K	10x	as long as short
Lighter S	+0.0096%	1h	0.04020	−0.248%	$168K	$156K	5x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid S	+0.0100%	1h	0.04018	−0.310%	$1.0M	$555K	5x	as long as short
Aster SUSDT	+0.0100%	4h	0.04018	−0.299%	$44K	$131K	10x	as long as short
Binance SUSDT	+0.0100%	4h	0.04017	−0.323%	$5.5M	$13.7M	75x	as long as short
Bybit SUSDT	+0.0100%	4h	0.04010	−0.496%	$5.8M	$4.5M	50x	as long as short
OKX S-USDT-SWAP	+0.0100%	4h	0.04014	−0.397%	$1.0M	$3.8M	20x	as long as short
Gate S_USDT	+0.0100%	4h	0.04020	−0.248%	$329K	$188K	50x	as long as short
MEXC S_USDT	+0.0100%	4h	0.04014	−0.397%	$3.8M	$1.8M	200x	as long as short
KuCoin SUSDTM	+0.0100%	4h	0.04019	−0.273%	$1.9M	$2.7M	50x	as long as short
Bitget SUSDT	+0.0100%	4h	0.04016	−0.347%	$1.2M	$2.1M	50x	as long as short
BingX S-USDT	+0.0100%	4h	0.04017	−0.323%	—	$6.8M	—	as long as short
ApeX Omni SUSDTlong	+0.0100%	1h	0.04030	long leg	$24K	$459K	50x
Extended S-USD	+0.0104%	1h	0.04014	−0.397%	$230K	$1.1M	10x	as long as short
BloFin S-USDT	+0.0340%	4h	0.04040	+0.248%	$279K	$98K	75x	as long as short
Deribit S_USDC-PERPETUALshort	+0.0497%	1h	0.04020	−0.248%	$68K	$10K	10x
Backpack S_USDC_PERP	+0.1051%	1h	0.04020	−0.248%	$117K	$406K	5x	as long as short