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

S

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Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0298%/8h= +32.6% APRnext payment +$0.37 per $10,000 · paid last 24h +0.146%
Price spread now: ApeX Omni against GMX−0.003%68s7-day average · you buy dearer than you sell
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 sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$9 a day on $10k at the current rate. The two prices were read 68 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX S/USD [WBTC.b-USDC]0.03900L −0.0198% / S +0.0191%get 0.0025% / 1h10m 31s$1K100x
ShortApeX Omni SUSDT0.039000.0100get 0.0013% / 1h10m 31s$25K$460K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against GMX. 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
$62.5
Price spread: −0.003% → 0.000%
−$0.26
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
$40.24
Costs to cover
0.220%
Break-even
2.5 days
Slippage unknown: GMX: no order-book sample; ApeX Omni: live order book, 7 min ago. 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 GMX no order-book sample
Sell ApeX Omni live order book, 7 min ago12.80 bp69.4 bp −$69doesn't fitdoesn't fitdoesn't fit
GMX: 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
Kraken Futures PF_SUSD−0.1604%1h0.03896−0.103%$33K$26K10xas long as short
Coinbase International S-PERP-INTX−0.1576%1h0.03826−1.900%$47K$5K25xas long as short
01 Exchange SUSD−0.1216%1h0.03800−2.567%$23K$2K5xas long as short
Variational Omni S−0.0917%4h0.03893−0.195%$606K$31Kas long as short
GMX S/USD [WBTC.b-USDC]longL −0.0198% / S +0.0191%1h0.03900long leg$1K100x
Reya SRUSDPERP−0.0101%1h0.03896−0.099%$415xas long as short
gTrade (Gains Network) S/USDL +0.0001% / S +0.0006%1h0.03900+0.004%$601150xas long as short
Orderly PERP_S_USDC+0.0029%4h0.03898−0.054%$99K$343K10xas long as short
Injective S/USDC PERP+0.0033%1h0.04100+5.126%$2K$37K12xas long as short
Lighter S+0.0096%1h0.03903+0.074%$164K$223K5xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid S+0.0100%1h0.03898−0.051%$978K$716K5xas long as short
Aster SUSDT+0.0100%4h0.03900+0.010%$43K$212K10xas long as short
Binance SUSDT+0.0100%4h0.03896−0.105%$5.3M$18.2M75xas long as short
Bybit SUSDT+0.0100%4h0.03889−0.285%$5.5M$5.4M50xas long as short
OKX S-USDT-SWAP+0.0100%4h0.03895−0.131%$973K$5.4M20xas long as short
Gate S_USDT+0.0100%4h0.03893−0.182%$318K$266K50xas long as short
MEXC S_USDT+0.0100%4h0.03897−0.079%$3.5M$2.3M200xas long as short
KuCoin SUSDTM+0.0100%4h0.03893−0.182%$1.8M$3.0M50xas long as short
Bitget SUSDT+0.0100%4h0.03902+0.049%$1.2M$2.5M50xas long as short
BingX S-USDT+0.0100%4h0.03896−0.105%$6.7Mas long as short
ApeX Omni SUSDTshort+0.0100%1h0.03900−0.003%$25K$460K50x
Extended S-USD+0.0104%1h0.03895−0.119%$219K$877K10xas long as short
Deribit S_USDC-PERPETUAL+0.0263%1h0.03902+0.049%$66K$10K10xas long as short
BloFin S-USDT+0.0340%4h0.03903+0.074%$266K$125K75xas long as short
Backpack S_USDC_PERP+0.0463%1h0.03910+0.254%$114K$300K5xas long as short