Settings8H · net · $10k
Funding arb · Price arb /

S

all S markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0106%/8h= −11.6% APRnext payment $0.13 per $10,000 · paid last 24h −0.032%
Price spread now: gTrade (Gains Network) against ApeX Omni+0.877%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. gTrade (Gains Network) is 0.877% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.877% now, against zero (this spread has no 7-day history yet)): +$88 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 28 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni SUSDT0.039400.0100pay 0.0013% / 1h56m 29s$22K$464K50x
ShortgTrade (Gains Network) S/USD0.03975L +0.0001% / S +0.0006%pay 0.0001% / 1h56m 29s$612150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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

Funding earned
−$22.28
Price spread: +0.877% → 0.000%
$87.66
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
$45.38
Costs to cover
0.200%
Break-even
from the start
Slippage unknown: ApeX Omni: live order book, 56 min ago; gTrade (Gains Network): 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
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 56 min ago25.00 bp85.7 bp −$86doesn't fitdoesn't fitdoesn't fit
Sell gTrade (Gains Network) no order-book sample
gTrade (Gains Network): 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange SUSD−0.9192%1h0.03840−2.538%$24K$2K5xas long as short
Kraken Futures PF_SUSD−0.1833%1h0.03966+0.672%$33K$14K10xas long as short
Coinbase International S-PERP-INTX−0.1232%1h0.03929−0.279%$48K$16K25xas long as short
GMX S/USD [WBTC.b-USDC]L −0.0206% / S +0.0198%1h0.03975+0.883%$1K100xas long as short
Reya SRUSDPERP−0.0101%1h0.03959+0.479%$415xas long as short
Variational Omni S−0.0063%4h0.03946+0.160%$613K$29Kas long as short
gTrade (Gains Network) S/USDshortL +0.0001% / S +0.0006%1h0.03975+0.877%$612150x
Deribit S_USDC-PERPETUAL+0.0002%1h0.03977+0.939%$67K$10K10xas long as short
Injective S/USDC PERP+0.0033%1h0.04100+4.061%$2K$37K12xas long as short
Orderly PERP_S_USDC+0.0083%4h0.03973+0.838%$99K$303K10xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter S+0.0096%1h0.03975+0.888%$168K$137K5xas long as short
Hyperliquid S+0.0100%1h0.03962+0.561%$997K$595K5xas long as short
Aster SUSDT+0.0100%4h0.03965+0.646%$46K$142K10xas long as short
Binance SUSDT+0.0100%4h0.03962+0.560%$5.5M$13.6M75xas long as short
Bybit SUSDT+0.0100%4h0.03957+0.431%$5.7M$4.4M50xas long as short
OKX S-USDT-SWAP+0.0100%4h0.03960+0.508%$984K$3.8M20xas long as short
Gate S_USDT+0.0100%4h0.03960+0.508%$322K$183K50xas long as short
MEXC S_USDT+0.0100%4h0.03962+0.558%$3.6M$1.7M200xas long as short
KuCoin SUSDTM+0.0100%4h0.03969+0.736%$1.8M$2.7M50xas long as short
Bitget SUSDT+0.0100%4h0.03961+0.533%$1.2M$2.3M50xas long as short
BingX S-USDT+0.0100%4h0.03959+0.482%$6.8Mas long as short
ApeX Omni SUSDTlong+0.0100%1h0.03940long leg$22K$464K50x
Extended S-USD+0.0104%1h0.03958+0.449%$223K$598K10xas long as short
BloFin S-USDT+0.0340%4h0.03952+0.305%$272K$101K75xas long as short
Backpack S_USDC_PERP+0.1876%1h0.03980+1.015%$116K$425K5xas long as short