Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.2521 | +0.0100 | pay 0.0013% / 1h | 20m 31s | $21K | $523K | 25x | Long ApeX Omni5% off | |
| SHORT | 0.2517 | +0.0100 | get 0.0050% / 4h | 2h 20m | $1.7M | $2.2M | 50x | Short Phemex |
Price gap−0.159%
Funding gap0.0000% /8h
Funding is ≈ 0 and the gap is 0.153% under its 7d average: the price leg works against you, −$15 on $10k if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$10.0000% /8h now · paid +0.012% over the last 7D
Price−$15spread −0.159% now, avg −0.006% → −0.153% if it goes back
Costs−$1331.335% of $10k · taker + slippage, in and out
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now−0.159%
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
/8hWIF on 33 exchanges
lowest funding firstBefore you open
0 ok · 5 to watch- Watch: Thin at this size21.9 / 45.6 bpAt $10k entering Phemex costs 45.6 bp, fee and slippage, 2.1× ApeX Omni’s.
- Note: Margin at max leverage$400 + $200ApeX Omni 25x, Phemex 50x. 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: $0.00Long ApeX Omni: 24 payments, −$3.00; short Phemex: 6 payments, +$3.00.
- Watch: Gap narrower than usual−0.159% vs −0.006%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$21K vs $1.7M OIApeX Omni sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCApeX Omni No · Phemex YesKYC unlocks spot and futures trading; an unverified account cannot withdraw at all.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0006%/8h × 21 periods+$1.25
Price spread−0.159% → −0.006% (7d avg)−$15.30
Slippage, 4 orderslive order books−$111.49
Fee ApeX Omni bp × 2 orders−$10.00
Fee Phemex bp × 2 orders−$12.00
Net · 7 days · $10k−$147.54
Costs to cover1.335%Break-even834.0 days
Slippage: ApeX Omni: live order book, 46 min ago; Phemex: live order book, 6 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGApeX Omni9.7021.9 bp−$22116.0 bp−$1,160doesn’t fitdoesn’t fit
SELL · SHORTPhemex13.6545.6 bp−$46164.4 bp−$1,644doesn’t fitdoesn’t fit
Closing costs about the same again.
| 09-30 01:05 | Reya | Listing | WIFRUSDPERP no longer reported ($WIF) seen by our collector |
| 09-23 12:07 | Phemex | Listing | 🚀 New listing: $WIF Perps (@dogwifcoin) $WIF/USDT futures are now live on Phemex with up to 20x leverage. 🔗 Trade here: @Phemex_official on X ↗ |
| 09-23 09:31 | Phemex | Listing | new market WIFUSDT ($WIF) seen by our collector |
| 09-22 07:03 | ApeX Omni | Other | 59 up, 26 down on the ApeX board, median name +2.5%. Memecoins swept it: ethereum:0x6982508145454ce325ddbe47a25d4ec3d2311933 +25.9%, $BONK +20.5%, $WIF +20.1%, with $TAO +18.2%. $AR -15.0% is the only real casualty. This is what a short squeeze looks like on day two. @OfficialApeXdex on X ↗ |

