S

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0201%/8h= −22.0% APRnext payment −$0.25 per $10,000 · paid last 24h −0.060%

Price spread now: Reya against ApeX Omni−0.468%63s7-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 Reya

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—+ Points / potential airdropReya: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Reya is 0.468% cheaper against ApeX Omni than usual: you would sell low and buy high (−$47 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 63 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	0.04040	0.0100	pay 0.0013% / 1h	26m 20s	$25K	$459K	50x
Short	Reya SRUSDPERP	0.04021	−0.0101	pay 0.0013% / 1h	26m 20s	$4	—	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya 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 ReyabpOrdersPrice spread, now −0.468%Rate

Funding earned: −$42.26
Price spread: −0.468% → 0.000%: −$46.84
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Reya: 3 bp × 2 orders: −$6
Net: −$105.09
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: ApeX Omni: live order book, 31 min ago; Reya: 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, 31 min ago	24.51 bp	54.5 bp −$54	doesn't fit	doesn't fit	doesn't fit
Sell Reya no order-book sample	—	—	—	—	—

Reya: 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	−0.7672%	1h	0.03920	−2.970%	$24K	$2K	5x	as long as short
Kraken Futures PF_SUSD	−0.2542%	1h	0.04016	−0.594%	$33K	$13K	10x	as long as short
Coinbase International S-PERP-INTX	−0.1376%	1h	0.03986	−1.337%	$48K	$16K	25x	as long as short
GMX S/USD [WBTC.b-USDC]	L −0.0206% / S +0.0198%	1h	0.04024	−0.386%	$1K	—	100x	as long as short
Reya SRUSDPERPshort	−0.0101%	1h	0.04021	−0.468%	$4	—	15x
gTrade (Gains Network) S/USD	L +0.0001% / S +0.0006%	1h	0.04023	−0.420%	$3K	—	150x	as long as short
Variational Omni S	+0.0020%	4h	0.04025	−0.364%	$624K	$30K	—	as long as short
Injective S/USDC PERP	+0.0033%	1h	0.04100	+1.485%	$2K	$37K	12x	as long as short
Orderly PERP_S_USDC	+0.0065%	4h	0.04022	−0.446%	$100K	$295K	10x	as long as short
Lighter S	+0.0096%	1h	0.04019	−0.520%	$169K	$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	0.04022	−0.441%	$1.0M	$555K	5x	as long as short
Aster SUSDT	+0.0100%	4h	0.04018	−0.547%	$44K	$131K	10x	as long as short
Binance SUSDT	+0.0100%	4h	0.04024	−0.396%	$5.5M	$13.7M	75x	as long as short
Bybit SUSDT	+0.0100%	4h	0.04016	−0.594%	$5.8M	$4.5M	50x	as long as short
OKX S-USDT-SWAP	+0.0100%	4h	0.04017	−0.569%	$1.0M	$3.8M	20x	as long as short
Gate S_USDT	+0.0100%	4h	0.04024	−0.396%	$330K	$188K	50x	as long as short
MEXC S_USDT	+0.0100%	4h	0.04022	−0.446%	$3.8M	$1.8M	200x	as long as short
KuCoin SUSDTM	+0.0100%	4h	0.04022	−0.446%	$1.9M	$2.7M	50x	as long as short
Bitget SUSDT	+0.0100%	4h	0.04024	−0.396%	$1.2M	$2.1M	50x	as long as short
BingX S-USDT	+0.0100%	4h	0.04019	−0.520%	—	$6.8M	—	as long as short
ApeX Omni SUSDTlong	+0.0100%	1h	0.04040	long leg	$25K	$459K	50x
Extended S-USD	+0.0104%	1h	0.04014	−0.637%	$230K	$1.1M	10x	as long as short
BloFin S-USDT	+0.0340%	4h	0.04012	−0.693%	$277K	$97K	75x	as long as short
Deribit S_USDC-PERPETUAL	+0.0745%	1h	0.04023	−0.421%	$68K	$10K	10x	as long as short
Backpack S_USDC_PERP	+0.1010%	1h	0.04020	−0.495%	$117K	$406K	5x	as long as short