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

S

all S markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.7828%/8h= +857.2% APRnext payment +$9.79 per $10,000 · paid last 24h +2.204%
Price spread now: ApeX Omni against 01 Exchange+3.553%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
Both sides work for this trade now. Funding pays +$235 a day on $10k at the current rate, and ApeX Omni is 3.553% dearer against 01 Exchange than usual: you sell high and buy low: +$355 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange SUSD0.03940−0.7728get 0.0966% / 1h28m 44s$24K$2K5x
ShortApeX Omni SUSDT0.040800.0100get 0.0013% / 1h28m 44s$26K$442K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against 01 Exchange. 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
$1,643.88
Price spread: +3.553% → 0.000%
$355.33
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
$1,982.21
Costs to cover
0.170%
Break-even
from the start
Slippage unknown: 01 Exchange: no order-book sample; ApeX Omni: live order book, 39 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 01 Exchange no order-book sample
Sell ApeX Omni live order book, 39 min ago25.00 bp49.1 bp −$49doesn't fitdoesn't fitdoesn't fit
01 Exchange: 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 24 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 SUSDlong−0.7728%1h0.03940long leg$24K$2K5x
Coinbase International S-PERP-INTX−0.1464%1h0.04022+2.081%$48K$16K25xas long as short
Kraken Futures PF_SUSD−0.1245%1h0.04069+3.268%$35K$16K10xas long as short
Variational Omni S−0.0504%4h0.04066+3.195%$633K$30Kas long as short
GMX S/USD [WBTC.b-USDC]L −0.0206% / S +0.0198%1h0.04067+3.226%$1K100xas long as short
Reya SRUSDPERP−0.0101%1h0.04066+3.201%$415xas long as short
gTrade (Gains Network) S/USDL +0.0001% / S +0.0006%1h0.04068+3.261%$2K150xas long as short
Injective S/USDC PERP+0.0033%1h0.04100+4.061%$2K$37K12xas long as short
Orderly PERP_S_USDC+0.0042%4h0.04066+3.198%$102K$334K10xas long as short
Lighter S+0.0096%1h0.04077+3.477%$168K$166K5xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid S+0.0100%1h0.04077+3.470%$1.0M$572K5xas long as short
Aster SUSDT+0.0100%4h0.04077+3.467%$45K$135K10xas long as short
Binance SUSDT+0.0100%4h0.04073+3.384%$5.6M$14.9M75xas long as short
Bybit SUSDT+0.0100%4h0.04066+3.198%$5.8M$4.8M50xas long as short
OKX S-USDT-SWAP+0.0100%4h0.04071+3.325%$1.0M$4.2M20xas long as short
Gate S_USDT+0.0100%4h0.04067+3.223%$337K$203K50xas long as short
MEXC S_USDT+0.0100%4h0.04073+3.376%$4.0M$1.9M200xas long as short
KuCoin SUSDTM+0.0100%4h0.04070+3.299%$1.9M$2.7M50xas long as short
Bitget SUSDT+0.0100%4h0.04074+3.401%$1.2M$2.4M50xas long as short
BingX S-USDT+0.0100%4h0.04072+3.350%$6.8Mas long as short
ApeX Omni SUSDTshort+0.0100%1h0.04080+3.553%$26K$442K50x
Extended S-USD+0.0104%1h0.04073+3.367%$231K$1.1M10xas long as short
Deribit S_USDC-PERPETUAL+0.0487%1h0.04072+3.350%$68K$10K10xas long as short
Backpack S_USDC_PERP+0.1048%1h0.04080+3.553%$119K$348K5xas long as short