Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.3460 | +0.1125 | pay 0.0141% / 1h | 59m 17s | $4K | $157K | 5x | Long Aftermath Perps5% off | |
| SHORT | 0.3467 | +0.0100 | get 0.0050% / 4h | 2h 59m | $11K | $312K | 10x | Short Orderly |
Price gap+0.194%
Funding gap−0.1025% /8h
The gap pays +$17 on $10k if it goes back to its 7d average, but funding costs $31 a day and eats that in about 14 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$137−0.1025% /8h now · paid −1.366% over the last 7D
Price+$17spread +0.194% now, avg +0.019% → +0.175% if it goes back
Costsno datano order book for Orderly
Result, before costs−$119−1.19%no pointscosts unknown: no order book for Orderly · What the last 7D really paid, hour by hour → backtest
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.194%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hSPX on 21 exchanges
lowest funding firstBefore you open
2 ok · 2 to watch- Note: Order book unknown—No order-book sample for Orderly: its slippage is not counted.
- Note: Margin at max leverage$2,000 + $1,000Aftermath Perps 5x, Orderly 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 4hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$30.76Long Aftermath Perps: 24 payments, −$33.76; short Orderly: 6 payments, +$3.00.
- OK: Entry gap works for you+0.194% vs +0.019%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$4K vs $11K OIAftermath Perps sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- OK: No KYC on either legAftermath Perps No · Orderly NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0650%/8h × 21 periods−$136.56
Price spread+0.194% → +0.019% (7d avg)+$17.45
Slippage, 4 ordersno data for Orderly—
Fee Aftermath Perps bp × 2 orders−$9.00
Fee Orderly bp × 2 orders−$6.00
Net, fees only · 7 days · $10k−$134.11
Costs to cover0.150%Break-evenfrom the start
Slippage: Aftermath Perps: live order book, 44 min ago; Orderly: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGAftermath Perps8.9715.2 bp−$15doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTOrderly—————
Closing costs about the same again.
Orderly: no data.
| 10-29 01:05 | MEXC | Listing | SPX_USDC no longer reported ($SPX) seen by our collector |
| 10-12 18:49 | Aftermath Perps | Listing | new market SPXUSD ($SPX) seen by our collector |
| 09-24 09:32 | ApeX Omni | Listing | 5 up, 81 down on the ApeX board. Median name -6.6%. litecoin:native +9.2% is the only real bid, riding the old-coin rotation that took bitcoin-cash:native up 30% this week after CME said it will list Bitcoin Cash futures on 19 Oct. $SPX -14.1% is the extreme. @OfficialApeXdex on X ↗ |

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