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

S

all S markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.00 per $10,000 · paid last 24h +0.005%
Price spread now: ApeX Omni against Extended−0.520%52s7-day average +0.141% · you buy dearer than you sell
Net, funding: paid 7d − costs−$198as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$2052.055% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.074%+$7 on $10k
Price spread, last 3 days (all we have)+1.071%+$107 · spread now −0.520%, 7d avg +0.141%
Together, before fees+1.145%+ Points / potential airdropExtended: Active · farm board+$115 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.661% cheaper against Extended than usual: you would sell low and buy high, −$66 on $10k if it goes back to its 7-day average of +0.141%. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended S-USD0.039400.0104pay 0.0013% / 1h56m 28s$221K$877K10x
ShortApeX Omni SUSDT0.039200.0100get 0.0013% / 1h56m 28s$25K$453K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Extended. 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
−$0.84
Price spread: −0.520% → +0.141%
−$66.1
Slippage, 4 orders
−$190.45
Fee Extended: 2.5 bp × 2 orders
−$5
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$272.39
Costs to cover
2.055%
Break-even
never at this rate
Slippage from Extended: live order book, 22 min ago; ApeX Omni: live order book, 21 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 22 min ago5.13 bp36.5 bp −$36259.4 bp −$2,594doesn't fitdoesn't fit
Sell ApeX Omni live order book, 21 min ago12.80 bp69.4 bp −$69doesn't fitdoesn't fitdoesn't fit

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−0.6672%1h0.03840−2.550%$23K$2K5xas long as short
Kraken Futures PF_SUSD−0.2123%1h0.03929−0.299%$33K$25K10xas long as short
Coinbase International S-PERP-INTX−0.1336%1h0.03826−2.906%$47K$5K25xas long as short
Variational Omni S−0.0969%4h0.03905−0.889%$608K$31Kas long as short
GMX S/USD [WBTC.b-USDC]L −0.0199% / S +0.0192%1h0.03934−0.177%$1K100xas long as short
Reya SRUSDPERP−0.0101%1h0.03929−0.293%$415xas long as short
gTrade (Gains Network) S/USDL +0.0001% / S +0.0006%1h0.03933−0.188%$606150xas long as short
Orderly PERP_S_USDC+0.0032%4h0.03930−0.266%$100K$343K10xas long as short
Injective S/USDC PERP+0.0033%1h0.04100+4.048%$2K$37K12xas long as short
Lighter S+0.0096%1h0.03946+0.140%$165K$217K5xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid S+0.0100%1h0.03942+0.031%$988K$714K5xas long as short
Aster SUSDT+0.0100%4h0.03942+0.034%$43K$145K10xas long as short
Binance SUSDT+0.0100%4h0.03942+0.030%$5.4M$17.8M75xas long as short
Bybit SUSDT+0.0100%4h0.03937−0.089%$5.6M$5.3M50xas long as short
OKX S-USDT-SWAP+0.0100%4h0.03942+0.038%$982K$5.3M20xas long as short
Gate S_USDT+0.0100%4h0.03935−0.139%$321K$258K50xas long as short
MEXC S_USDT+0.0100%4h0.03942+0.038%$3.6M$1.9M200xas long as short
KuCoin SUSDTM+0.0100%4h0.03937−0.089%$1.8M$3.0M50xas long as short
Bitget SUSDT+0.0100%4h0.03941+0.013%$1.2M$2.5M50xas long as short
BingX S-USDT+0.0100%4h0.03937−0.089%$6.7Mas long as short
ApeX Omni SUSDTshort+0.0100%1h0.03920−0.520%$25K$453K50x
Extended S-USDlong+0.0104%1h0.03940long leg$221K$877K10x
BloFin S-USDT+0.0340%4h0.03928−0.317%$265K$126K75xas long as short
Backpack S_USDC_PERP+0.0413%1h0.03940−0.012%$115K$302K5xas long as short
Deribit S_USDC-PERPETUAL+0.0513%1h0.03937−0.089%$66K$10K10xas long as short