Funding arb · Price arb / Crypto
USELESS
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| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.2371 | +0.1010 | pay 0.0126% / 1h | 33m 42s | $249K | $393K | 10x | Long Arcus5% off | |
| SHORT | 0.2372 | +0.0100 | get 0.0013% / 1h | 33m 42s | $63K | $572K | 25x | Short ApeX Omni5% off |
Price gap+0.046%113s
Funding gap−0.0910% /8h
The gap pays +$17 on $10k if it goes back to its 7d average, but funding costs $27 a day and eats that in about 15 hours.
The two prices were read 113 s apart: part of this gap may be the market moving.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$80−0.0910% /8h now · paid −0.796% over the last 6 days (all we have)
Price—spread +0.046%113s now · prices read too far apart to compare
Costs−$580.579% of $10k · taker + slippage, in and out
Result—no pointsneeds both prices read together
Funding history
you earnyou payavg
RANGE STATS · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.
Price spread between the two exchanges
ApeX Omni price against Arcusnow
RANGE STATS · 7D
Now+0.046%
Average—
Range—
Wider than now—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hUSELESS on 26 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Watch: Thin at this size16.7 / 15.3 bpAt $10k entering Arcus costs 16.7 bp, fee and slippage, 1.1× ApeX Omni’s.
- Note: Margin at max leverage$1,000 + $400Arcus 10x, ApeX Omni 25x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval1h / 1hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$27.31Long Arcus: 24 payments, −$30.31; short ApeX Omni: 24 payments, +$3.00.
- Watch: Prices read 113 s apart+0.046% vs −0.126%Part of this gap may be the market moving.
- Watch: Short leg is thinner$63K vs $249K OIApeX Omni sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- OK: No KYC on either legArcus No · ApeX Omni NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0470%/8h × 21 periods−$98.70
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$43.38
Fee Arcus bp × 2 orders−$4.50
Fee ApeX Omni bp × 2 orders−$10.00
Net · 7 days · $10k−$156.58
price spread not counted: prices read too far apartCosts to cover0.579%Break-evennever at this rate
Slippage: Arcus: live order book, 60 min ago; ApeX Omni: live order book, 40 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGArcus8.4416.7 bp−$1739.9 bp−$399doesn’t fitdoesn’t fit
SELL · SHORTApeX Omni6.3015.3 bp−$15105.4 bp−$1,054doesn’t fitdoesn’t fit
Closing costs about the same again.
Nado