Funding you earn now, next payment 23:00 UTC−0.0020%/8h= −2.2% APRpaid last 24h −0.033%
Price spread now: ApeX Omni against BloFin−0.005%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$340.341% of the position
Funding, last 7 days−0.102%−$10 on $10k
+Price spread, last 3 days (all we have)−0.021%−$2 · spread now −0.005%, 7d avg −0.014%
=The price spread sits at its 7-day average of −0.014%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin COIN-USDT | 201.90 | 0.0120 | pay 0.0120% / 8h | 1h 47m | $200K | $338K | 20x |
| Short | ApeX Omni COINUSDT | 201.89 | 0.0100 | get 0.0013% / 1h | 47m 44s | $91K | $454K | 50x |
BloFin COIN-USDT
ApeX Omni COINUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against BloFin. 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: −0.005% → −0.014%
- $0.87
- Slippage, 4 orders
- −$12.15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$37.47
- Costs to cover
- 0.341%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 32 min ago; ApeX Omni: live order book, 35 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 BloFin live order book, 32 min ago | 0.25 bp | 10.0 bp −$10 | 14.3 bp −$143 | 40.2 bp −$4,022 | doesn't fit |
| Sell ApeX Omni live order book, 35 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 | 201.46 | −0.218% | $44K | $49K | 30x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 202.00 | +0.051% | $370K | $839K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 201.90 | +0.002% | $119K | $446K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 201.93 | +0.015% | $15.6M | $76.8M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 202.00 | +0.050% | $5.0M | $5.9M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 201.91 | +0.005% | $3.3M | $4.7M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 201.93 | +0.015% | $1.3M | $6.9M | 50x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 201.95 | +0.026% | $759K | $983K | — | as long as short |
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 202.01 | +0.056% | $17K | $2.0M | 10x | as long as short |
| Bitget COINUSDT | +0.0014% | 8h | 201.96 | +0.030% | $6.9M | $9.9M | 20x | 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
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 | +0.0016% | 1h | 201.91 | +0.005% | $1.4M | $3.8M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 201.97 | +0.035% | $435K | $1.8M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 202.07 | +0.084% | $16K | $55K | 5x | as long as short |
| Vest COIN-USD-PERP | +0.0046% | 1h | 201.78 | −0.059% | — | $513K | 25x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 201.81 | −0.045% | $147K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 201.84 | −0.030% | $82 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 201.81 | −0.045% | $349K | $3.2M | 10x | as long as short |
| Lighter COIN | +0.0080% | 1h | 201.97 | +0.034% | $368K | $2.0M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 201.99 | +0.045% | $1.0M | $144K | 20x | as long as short |
| ApeX Omni COINUSDTshort | +0.0100% | 1h | 201.89 | −0.005% | $91K | $454K | 50x | |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 201.89 | −0.005% | $584 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 201.84 | −0.028% | $119 | — | 10x | as long as short |
| BloFin COIN-USDTlong | +0.0120% | 8h | 201.90 | long leg | $200K | $338K | 20x | |
| Phoenix COIN | +0.0198% | 1h | 201.90 | 0.000% | $5K | $281K | 10x | as long as short |
| tradeXYZ xyz:COIN | +0.0203% | 1h | 201.91 | +0.005% | $16.4M | $13.1M | 10x | as long as short |
| edgeX COINUSDC | +0.0744% | 4h | 201.96 | +0.030% | $52K | $293K | 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
Lighter COIN
KuCoin COINUSDTM
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
Phoenix COIN
tradeXYZ xyz:COIN
edgeX COINUSDC