Funding you earn now, next payment 00:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h +0.059%
Price spread now: Gate against ApeX Omni+0.094%7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$500.499% of the position
Funding, last 7 days+0.020%+$2 on $10k
+Price spread, last 3 days (all we have)−0.006%−$1 · spread now +0.094%, 7d avg +0.029%
=The price spread pays, funding is against you. Gate is 0.065% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.094% now, against its 7-day average of +0.029%): +$6 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni COINUSDT | 202.14 | 0.0100 | pay 0.0013% / 1h | 43m 19s | $91K | $328K | 50x |
| Short | Gate COIN_USDT | 202.33 | 0 | get 0.0000% / 8h | 43m 19s | $1.3M | $7.0M | 50x |
ApeX Omni COINUSDT
Gate COIN_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$21
- Price spread: +0.094% → +0.029%
- $6.46
- Slippage, 4 orders
- −$24.94
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$64.49
- Costs to cover
- 0.499%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 34 min ago; Gate: live order book, 5 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, 34 min ago | 2.73 bp | 7.7 bp −$8 | 13.5 bp −$135 | doesn't fit | doesn't fit |
| Sell Gate live order book, 5 min ago | 3.21 bp | 14.3 bp −$14 | 67.6 bp −$676 | doesn't fit | 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 | 202.13 | −0.005% | $45K | $49K | 30x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 202.34 | +0.099% | $371K | $839K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 202.27 | +0.062% | $119K | $446K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 202.32 | +0.089% | $15.7M | $76.6M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 202.45 | +0.153% | $5.0M | $5.9M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 202.31 | +0.084% | $3.3M | $4.7M | 20x | as long as short |
| Gate COIN_USDTshort | 0.0000% | 8h | 202.33 | +0.094% | $1.3M | $7.0M | 50x | |
| Variational Omni COIN | 0.0000% | 8h | 202.30 | +0.079% | $841K | $1.1M | — | as long as short |
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 202.37 | +0.114% | $21K | $2.0M | 10x | as long as short |
| Bitget COINUSDT | +0.0013% | 8h | 202.38 | +0.119% | $6.9M | $10.1M | 20x | as long as short |
Injective COIN/USDC PERP
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Variational Omni COIN
GRVT COIN_USDT_Perp
Bitget COINUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX COIN-USD | +0.0032% | 1h | 202.25 | +0.054% | $1.4M | $3.9M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 202.32 | +0.089% | $434K | $1.8M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 202.41 | +0.134% | $16K | $55K | 5x | as long as short |
| Vest COIN-USD-PERP | +0.0046% | 1h | 202.24 | +0.049% | — | $513K | 25x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 202.29 | +0.074% | $140K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 202.23 | +0.045% | $76 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 202.05 | −0.045% | $367K | $3.3M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 202.23 | +0.045% | $1.0M | $141K | 20x | as long as short |
| ApeX Omni COINUSDTlong | +0.0100% | 1h | 202.14 | long leg | $91K | $328K | 50x | |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 202.31 | +0.084% | $585 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 202.28 | +0.069% | $119 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 202.39 | +0.124% | $155K | $342K | 20x | as long as short |
| Lighter COIN | +0.0200% | 1h | 202.36 | +0.109% | $377K | $2.0M | 10x | as long as short |
| Phoenix COIN | +0.0238% | 1h | 202.35 | +0.104% | $5K | $279K | 10x | as long as short |
| tradeXYZ xyz:COIN | +0.0291% | 1h | 202.29 | +0.074% | $16.5M | $13.1M | 10x | as long as short |
| edgeX COINUSDC | +0.0309% | 4h | 202.37 | +0.113% | $52K | $295K | 10x | as long as short |
QFEX COIN-USD
Lighter RH COIN
Arcus COIN-USD
Vest COIN-USD-PERP
Polymarket Perps COIN-USD
SoDEX COIN-USD
Ondo Perps COIN-USD.P
KuCoin COINUSDTM
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
BloFin COIN-USDT
Lighter COIN
Phoenix COIN
tradeXYZ xyz:COIN
edgeX COINUSDC