Funding you earn now, next payment 22:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.004%
Price spread now: ApeX Omni against Binance−0.005%7-day average −0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$350.347% of the position
Funding, last 7 days+0.135%+$14 on $10k
+Price spread, last 2 days (all we have)−0.047%−$5 · spread now −0.005%, 7d avg −0.025%
=The price spread sits at its 7-day average of −0.025%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance COINUSDT | 202.00 | 0 | get 0.0000% / 8h | 2h 01m | $15.6M | $77.3M | 20x |
| Short | ApeX Omni COINUSDT | 201.99 | 0.0100 | get 0.0013% / 1h | 1m 14s | $91K | $514K | 50x |
Binance COINUSDT
ApeX Omni COINUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Binance. 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: −0.005% → −0.025%
- $1.92
- Slippage, 4 orders
- −$14.67
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$11.75
- Costs to cover
- 0.347%
- Break-even
- 10.9 days
Slippage from Binance: live order book, 11 min ago; ApeX Omni: live order book, 21 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 Binance live order book, 11 min ago | 0.25 bp | 9.5 bp −$10 | 16.5 bp −$165 | 61.5 bp −$6,148 | doesn't fit |
| Sell ApeX Omni live order book, 21 min ago | 2.72 bp | 8.0 bp −$8 | 12.2 bp −$122 | 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 | 202.06 | +0.029% | $40K | $48K | 30x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 202.06 | +0.031% | $371K | $839K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 201.98 | −0.009% | $120K | $446K | 10x | as long as short |
| Binance COINUSDTlong | 0.0000% | 8h | 202.00 | long leg | $15.6M | $77.3M | 20x | |
| Bybit COINUSDT | 0.0000% | 8h | 201.98 | −0.010% | $5.0M | $5.9M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 202.09 | +0.044% | $3.3M | $4.8M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 202.03 | +0.014% | $1.3M | $6.9M | 50x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 201.98 | −0.012% | $760K | $983K | — | as long as short |
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 202.00 | 0.000% | $18K | $2.0M | 10x | as long as short |
| Bitget COINUSDT | +0.0012% | 8h | 202.01 | +0.005% | $6.9M | $10.0M | 20x | as long as short |
Injective COIN/USDC PERP
Aster COINUSDT
Extended COIN_24_5-USD
Bybit COINUSDT
OKX COIN-USDT-SWAP
Gate COIN_USDT
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 | +0.0027% | 1h | 201.98 | −0.010% | $1.4M | $3.8M | 10x | as long as short |
| Lighter COIN | +0.0032% | 1h | 201.92 | −0.042% | $368K | $2.1M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 201.85 | −0.075% | $431K | $2.0M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 202.17 | +0.084% | $16K | $56K | 5x | as long as short |
| Vest COIN-USD-PERP | +0.0046% | 1h | 201.95 | −0.025% | — | $513K | 25x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 202.01 | +0.005% | $16.4M | $13.4M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 201.92 | −0.040% | $151K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 202.02 | +0.010% | $71 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 201.81 | −0.094% | $348K | $3.3M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 202.02 | +0.010% | $1.0M | $146K | 20x | as long as short |
| ApeX Omni COINUSDTshort | +0.0100% | 1h | 201.99 | −0.005% | $91K | $514K | 50x | |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 202.01 | +0.005% | $584 | $5K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 201.93 | −0.035% | $119 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 202.10 | +0.049% | $200K | $339K | 20x | as long as short |
| Phoenix COIN | +0.0197% | 1h | 202.02 | +0.010% | $5K | $281K | 10x | as long as short |
| edgeX COINUSDC | +0.0619% | 4h | 202.07 | +0.035% | $52K | $294K | 10x | as long as short |
QFEX COIN-USD
Lighter COIN
Lighter RH COIN
Arcus COIN-USD
Vest COIN-USD-PERP
tradeXYZ xyz:COIN
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
Phoenix COIN
edgeX COINUSDC