Settings8H · net · $10k
Funding arb · Price arb /

COIN

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0060%/8h= +6.5% APRnext payment +$0.07 per $10,000 · paid last 24h +0.018%
Price spread now: ApeX Omni against Arcus−0.122%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. ApeX Omni is 0.122% cheaper against Arcus than usual: you would sell low and buy high (spread −0.122% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$12 on $10k: about 6.8 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongArcus COIN-USD197.130.0040pay 0.0005% / 1h17m 36s$15K$55K5x
ShortApeX Omni COINUSDT196.890.0100get 0.0013% / 1h17m 36s$88K$287K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Arcus. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$12.54
Price spread: −0.122% → 0.000%
−$12.17
Slippage, 4 orders
no order book: not counted
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$14.13
Costs to cover
0.145%
Break-even
14.9 days
Slippage unknown: Arcus: no order-book sample; ApeX Omni: live order book, 40 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Arcus no order-book sample
Sell ApeX Omni live order book, 40 min ago2.79 bp7.9 bp −$813.4 bp −$134doesn't fitdoesn't fit
Arcus: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

COIN on 26 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget COINUSDT−0.0761%8h197.19+0.030%$6.3M$10.3M20xas long as short
Injective COIN/USDC PERP−0.0440%1h196.94−0.096%$43K$48K30xas long as short
Gate COIN_USDT−0.0221%8h197.10−0.015%$1.2M$7.2M50xas long as short
Vest COIN-USD-PERP−0.0101%1h196.39−0.375%$271K25xas long as short
Aster COINUSDT0.0000%8h197.22+0.046%$345K$885K20xas long as short
Extended COIN_24_5-USD0.0000%1h197.04−0.048%$117K$695K10xas long as short
Binance COINUSDT0.0000%8h197.09−0.019%$14.8M$79.3M20xas long as short
Bybit COINUSDT0.0000%8h197.09−0.020%$4.8M$5.9M50xas long as short
OKX COIN-USDT-SWAP0.0000%8h197.12−0.005%$3.0M$4.6M20xas long as short
Variational Omni COIN0.0000%8h196.98−0.077%$680K$935Kas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT COIN_USDT_Perp0.0000%8h197.12−0.005%$19K$2.3M10xas long as short
QFEX COIN-USD+0.0013%1h196.94−0.096%$1.3M$3.2M10xas long as short
Lighter COIN+0.0032%1h197.01−0.062%$347K$2.0M10xas long as short
Lighter RH COIN+0.0032%1h197.01−0.061%$446K$1.5M10xas long as short
Arcus COIN-USDlong+0.0040%1h197.13long leg$15K$55K5x
tradeXYZ xyz:COIN+0.0050%1h196.92−0.107%$15.4M$13.5M10xas long as short
Polymarket Perps COIN-USD+0.0050%1h196.99−0.071%$135K$1.2M10xas long as short
SoDEX COIN-USD+0.0050%1h196.88−0.127%$65$3K10xas long as short
Ondo Perps COIN-USD.P+0.0050%1h196.81−0.162%$349K$2.7M10xas long as short
KuCoin COINUSDTM+0.0100%8h196.95−0.091%$992K$143K20xas long as short
ApeX Omni COINUSDTshort+0.0100%1h196.89−0.122%$88K$287K50x
Orderly PERP_COIN_USDC_mythos+0.0100%8h196.82−0.157%$569$4K10xas long as short
Aevo COIN-PERP+0.0104%1h196.81−0.163%$11610xas long as short
BloFin COIN-USDT+0.0120%8h197.07−0.030%$188K$392K20xas long as short
Phoenix COIN+0.0121%1h196.96−0.086%$4K$281K10xas long as short
edgeX COINUSDC+0.0560%4h197.06−0.034%$51K$296K10xas long as short