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

SOMI

all SOMI markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.003%
Price spread now: ApeX Omni against Bybit+0.474%79s7-day average +0.131% · you sell dearer than you buy
Net, funding: paid 7d − costs−$225as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1881.884% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.363%−$36 on $10k
Price spread, last 4 days (all we have)−0.326%−$33 · spread now +0.474%, 7d avg +0.131%
Together, before fees−0.689%−$69 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 0.343% dearer against Bybit than usual: you sell high and buy low, +$34 on $10k if it goes back to its 7-day average of +0.131%. The two prices were read 79 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SOMIUSDT0.19200.0100pay 0.0050% / 4h3h 02m$2.0M$1.3M50x
ShortApeX Omni SOMIUSDT0.19290.0100get 0.0013% / 1h2m 18s$21K$219K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Bybit. 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
Price spread: +0.474% → +0.131%
$34.28
Slippage, 4 orders
−$167.44
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$154.16
Costs to cover
1.884%
Break-even
never at this rate
Slippage from Bybit: live order book, 4 min ago; ApeX Omni: live order book, 49 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 Bybit live order book, 4 min ago1.04 bp64.1 bp −$64doesn't fitdoesn't fitdoesn't fit
Sell ApeX Omni live order book, 49 min ago10.40 bp19.4 bp −$19doesn't fitdoesn't fitdoesn't fit

SOMI on 10 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
Aster SOMIUSDT+0.0100%4h0.1924+0.195%$13K$11K5xas long as short
Binance SOMIUSDT+0.0100%4h0.1923+0.161%$2.3M$3.4M50xas long as short
Bybit SOMIUSDTlong+0.0100%4h0.1920long leg$2.0M$1.3M50x
Gate SOMI_USDT+0.0100%4h0.1926+0.318%$666K$451K50xas long as short
MEXC SOMI_USDT+0.0100%4h0.1923+0.161%$621K$204K50xas long as short
KuCoin SOMIUSDTM+0.0100%4h0.1921+0.057%$391K$1.6M50xas long as short
Bitget SOMIUSDT+0.0100%4h0.1924+0.214%$667K$388K50xas long as short
BingX SOMI-USDT+0.0100%4h0.1923+0.161%$6.6Mas long as short
Variational Omni SOMI+0.0100%4h0.1923+0.175%$53K$1Kas long as short
ApeX Omni SOMIUSDTshort+0.0100%1h0.1929+0.474%$21K$219K50x