Funding you earn now, next payment 23:00 UTC+0.0020%/8h= +2.2% APRpaid last 24h +0.033%
Price spread now: BloFin against ApeX Omni+0.069%7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$340.337% of the position
Funding, last 7 days+0.102%+$10 on $10k
+Price spread, last 3 days (all we have)−0.044%−$4 · spread now +0.069%, 7d avg +0.014%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.056% dearer against ApeX Omni than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.014%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni COINUSDT | 201.57 | 0.0100 | pay 0.0013% / 1h | 4m 55s | $91K | $346K | 50x |
| Short | BloFin COIN-USDT | 201.71 | 0.0120 | get 0.0120% / 8h | 1h 04m | $155K | $341K | 20x |
ApeX Omni COINUSDT
BloFin COIN-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against ApeX Omni. 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
- $4.2
- Price spread: +0.069% → +0.014%
- $5.58
- Slippage, 4 orders
- −$11.68
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$23.91
- Costs to cover
- 0.337%
- Break-even
- 46.8 days
Slippage from ApeX Omni: live order book, 12 min ago; BloFin: live order book, 10 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 ApeX Omni live order book, 12 min ago | 2.73 bp | 7.7 bp −$8 | 13.5 bp −$135 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 10 min ago | 0.99 bp | 9.6 bp −$10 | 14.8 bp −$148 | 33.6 bp −$3,356 | doesn't fit |
COIN on 26 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective COIN/USDC PERP | −0.0440% | 1h | 201.03 | −0.268% | $44K | $49K | 30x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 201.64 | +0.033% | $370K | $839K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 201.63 | +0.029% | $119K | $446K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 201.74 | +0.084% | $15.6M | $76.7M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 201.73 | +0.079% | $5.0M | $5.9M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 201.70 | +0.064% | $3.3M | $4.7M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 201.65 | +0.040% | $1.3M | $7.0M | 50x | as long as short |
| Bitget COINUSDT | 0.0000% | 8h | 201.72 | +0.074% | $6.9M | $9.9M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 201.65 | +0.039% | $798K | $1.0M | — | as long as short |
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 201.66 | +0.043% | $19K | $2.0M | 10x | as long as short |
Injective COIN/USDC PERP
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Gate COIN_USDT
Bitget COINUSDT
Variational Omni COIN
GRVT COIN_USDT_PerpShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX COIN-USD | +0.0016% | 1h | 201.66 | +0.045% | $1.4M | $3.9M | 10x | as long as short |
| Lighter COIN | +0.0032% | 1h | 201.57 | 0.000% | $372K | $2.1M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 201.55 | −0.010% | $433K | $1.8M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 201.69 | +0.060% | $16K | $55K | 5x | as long as short |
| Vest COIN-USD-PERP | +0.0046% | 1h | 201.51 | −0.030% | — | $513K | 25x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 201.58 | +0.005% | $140K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 201.62 | +0.025% | $88 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 201.45 | −0.060% | $361K | $3.3M | 10x | as long as short |
| tradeXYZ xyz:COIN | +0.0099% | 1h | 201.61 | +0.020% | $16.5M | $13.1M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 201.67 | +0.050% | $1.0M | $141K | 20x | as long as short |
| ApeX Omni COINUSDTlong | +0.0100% | 1h | 201.57 | long leg | $91K | $346K | 50x | |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 201.62 | +0.025% | $583 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 201.64 | +0.036% | $119 | — | 10x | as long as short |
| BloFin COIN-USDTshort | +0.0120% | 8h | 201.71 | +0.069% | $155K | $341K | 20x | |
| Phoenix COIN | +0.0198% | 1h | 201.76 | +0.094% | $5K | $281K | 10x | as long as short |
| edgeX COINUSDC | +0.0521% | 4h | 201.52 | −0.023% | $52K | $294K | 10x | as long as short |
QFEX COIN-USD
Lighter COIN
Lighter RH COIN
Arcus COIN-USD
Vest COIN-USD-PERP
Polymarket Perps COIN-USD
SoDEX COIN-USD
Ondo Perps COIN-USD.P
tradeXYZ xyz:COIN
KuCoin COINUSDTM
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
Phoenix COIN
edgeX COINUSDC