Funding you earn now, next payment 00:00 UTC−0.0039%/8h= −4.3% APRpaid last 24h −0.003%
Price spread now: ApeX Omni against Binance+0.158%7-day average +0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$135as in the Funding arb table
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$950.947% of the position
Funding, last 7 days−0.401%−$40 on $10k
+Price spread, last 3 days (all we have)−0.196%−$20 · spread now +0.158%, 7d avg +0.034%
=The price spread pays, funding is against you. ApeX Omni is 0.123% dearer against Binance than usual: you sell high and buy low (spread +0.158% now, against its 7-day average of +0.034%): +$12 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 10 days. At the pace of the last 7 days (−0.401% in total) that is about 2.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SOMIUSDT | 0.1902 | 0.0100 | pay 0.0050% / 4h | 3h 59m | $2.3M | $3.4M | 50x |
| Short | ApeX Omni SOMIUSDT | 0.1905 | 0.0061 | get 0.0008% / 1h | 59m 32s | $20K | $218K | 50x |
Binance SOMIUSDT
ApeX Omni SOMIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Binance. 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
- −$8.23
- Price spread: +0.158% → +0.034%
- $12.34
- Slippage, 4 orders
- −$74.66
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$90.56
- Costs to cover
- 0.947%
- Break-even
- never at this rate
Slippage from Binance: live order book, 7 min ago; ApeX Omni: live order book, 12 min ago.
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 Binance live order book, 7 min ago | 2.64 bp | 28.7 bp −$29 | 157.3 bp −$1,573 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 12 min ago | 10.57 bp | 19.0 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
SOMI on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni SOMIUSDTshort | +0.0061% | 1h | 0.1905 | +0.158% | $20K | $218K | 50x | |
| Aster SOMIUSDT | +0.0100% | 4h | 0.1903 | +0.073% | $13K | $10K | 5x | as long as short |
| Binance SOMIUSDTlong | +0.0100% | 4h | 0.1902 | long leg | $2.3M | $3.4M | 50x | |
| Bybit SOMIUSDT | +0.0100% | 4h | 0.1899 | −0.147% | $2.0M | $1.4M | 50x | as long as short |
| Gate SOMI_USDT | +0.0100% | 4h | 0.1904 | +0.105% | $605K | $364K | 50x | as long as short |
| MEXC SOMI_USDT | +0.0100% | 4h | 0.1901 | −0.053% | $551K | $168K | 50x | as long as short |
| KuCoin SOMIUSDTM | +0.0100% | 4h | 0.1903 | +0.053% | $380K | $1.6M | 50x | as long as short |
| Bitget SOMIUSDT | +0.0100% | 4h | 0.1903 | +0.053% | $660K | $393K | 50x | as long as short |
| BingX SOMI-USDT | +0.0100% | 4h | 0.1902 | 0.000% | — | $6.6M | — | as long as short |
| Variational Omni SOMI | +0.0100% | 4h | 0.1900 | −0.087% | $53K | $1K | — | as long as short |
Aster SOMIUSDT
Bybit SOMIUSDT
Gate SOMI_USDT
MEXC SOMI_USDT
KuCoin SOMIUSDTM
Bitget SOMIUSDT
BingX SOMI-USDT
Variational Omni SOMI