Funding you earn now, next payment 01:00 UTC−0.0654%/8h= −71.6% APRnext payment −$0.82 per $10,000 · paid last 24h +0.064%
Price spread now: ApeX Omni against Deribit−0.501%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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
Both sides work against this trade now: funding costs −$20 a day on $10k at the current rate, and ApeX Omni is 0.501% cheaper against Deribit than usual: you would sell low and buy high (−$50 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit S_USDC-PERPETUAL | 0.03990 | 0.0754 | pay 0.0094% / 1h | 40m 31s | $67K | $10K | 10x |
| Short | ApeX Omni SUSDT | 0.03970 | 0.0100 | get 0.0013% / 1h | 40m 31s | $26K | $448K | 50x |
Deribit S_USDC-PERPETUAL
ApeX Omni SUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Deribit. 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
- −$137.24
- Price spread: −0.501% → 0.000%
- −$50.13
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$204.36
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; ApeX Omni: live order book, 32 min ago. 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 Deribit no order-book sample | — | — | — | — | — |
| Sell ApeX Omni live order book, 32 min ago | 38.22 bp | 63.0 bp −$63 | doesn't fit | doesn't fit | doesn't fit |
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 | −0.4800% | 1h | 0.03980 | −0.251% | $25K | $2K | 5x | as long as short |
| Kraken Futures PF_SUSD | −0.2028% | 1h | 0.03983 | −0.164% | $34K | $23K | 10x | as long as short |
| Coinbase International S-PERP-INTX | −0.1240% | 1h | 0.03826 | −4.110% | $47K | $5K | 25x | as long as short |
| Variational Omni S | −0.0898% | 4h | 0.03979 | −0.279% | $619K | $31K | — | as long as short |
| GMX S/USD [WBTC.b-USDC] | L −0.0206% / S +0.0198% | 1h | 0.03986 | −0.108% | $1K | — | 100x | as long as short |
| Reya SRUSDPERP | −0.0101% | 1h | 0.03980 | −0.241% | $4 | — | 15x | as long as short |
| gTrade (Gains Network) S/USD | L +0.0001% / S +0.0006% | 1h | 0.03985 | −0.131% | $614 | — | 150x | as long as short |
| Orderly PERP_S_USDC | +0.0024% | 4h | 0.03984 | −0.150% | $101K | $335K | 10x | as long as short |
| Injective S/USDC PERP | +0.0033% | 1h | 0.04100 | +2.757% | $2K | $37K | 12x | as long as short |
| Lighter S | +0.0096% | 1h | 0.03984 | −0.150% | $162K | $190K | 5x | as long as short |
01 Exchange SUSD
Kraken Futures PF_SUSD
Coinbase International S-PERP-INTX
Variational Omni S
GMX S/USD [WBTC.b-USDC]
Reya SRUSDPERP
gTrade (Gains Network) S/USD
Orderly PERP_S_USDC
Injective S/USDC PERP
Lighter SShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid S | +0.0100% | 1h | 0.03981 | −0.231% | $996K | $647K | 5x | as long as short |
| Aster SUSDT | +0.0100% | 4h | 0.03986 | −0.097% | $44K | $141K | 10x | as long as short |
| Binance SUSDT | +0.0100% | 4h | 0.03982 | −0.201% | $5.5M | $16.2M | 75x | as long as short |
| Bybit SUSDT | +0.0100% | 4h | 0.03978 | −0.301% | $5.7M | $5.0M | 50x | as long as short |
| OKX S-USDT-SWAP | +0.0100% | 4h | 0.03980 | −0.251% | $983K | $4.7M | 20x | as long as short |
| Gate S_USDT | +0.0100% | 4h | 0.03984 | −0.150% | $326K | $216K | 50x | as long as short |
| MEXC S_USDT | +0.0100% | 4h | 0.03982 | −0.201% | $3.7M | $1.9M | 200x | as long as short |
| KuCoin SUSDTM | +0.0100% | 4h | 0.03984 | −0.150% | $1.8M | $2.9M | 50x | as long as short |
| Bitget SUSDT | +0.0100% | 4h | 0.03984 | −0.150% | $1.2M | $2.4M | 50x | as long as short |
| BingX S-USDT | +0.0100% | 4h | 0.03980 | −0.251% | — | $6.7M | — | as long as short |
| Backpack S_USDC_PERP | +0.0100% | 1h | 0.03990 | 0.000% | $116K | $317K | 5x | as long as short |
| ApeX Omni SUSDTshort | +0.0100% | 1h | 0.03970 | −0.501% | $26K | $448K | 50x | |
| Extended S-USD | +0.0104% | 1h | 0.03980 | −0.253% | $225K | $1.1M | 10x | as long as short |
| BloFin S-USDT | +0.0340% | 4h | 0.03982 | −0.201% | $268K | $126K | 75x | as long as short |
| Deribit S_USDC-PERPETUALlong | +0.0754% | 1h | 0.03990 | long leg | $67K | $10K | 10x |
Hyperliquid S
Aster SUSDT
Binance SUSDT
Bybit SUSDT
OKX S-USDT-SWAP
Gate S_USDT
MEXC S_USDT
KuCoin SUSDTM
Bitget SUSDT
BingX S-USDT
Backpack S_USDC_PERP
Extended S-USD
BloFin S-USDT