Funding you earn now, next payment 08:00 UTC−0.0229%/8h= −25.0% APRpaid last 24h −0.144%
Price spread now: ApeX Omni against edgeX−0.091%7-day average −0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$390.388% of the position
Funding, last 7 days−0.475%−$47 on $10k
+Price spread, last 4 days (all we have)−0.001%$0 · spread now −0.091%, 7d avg −0.017%
=Together, before fees−0.476%+ Points / potential airdropedgeX: Active · farm board−$48 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and ApeX Omni is 0.075% cheaper against edgeX than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.017%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX COINUSDC | 195.70 | 0.0329 | pay 0.0164% / 4h | 16m 15s | $50K | $295K | 10x |
| Short | ApeX Omni COINUSDT | 195.52 | 0.0100 | get 0.0013% / 1h | 16m 15s | $88K | $287K | 50x |
edgeX COINUSDC
ApeX Omni COINUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against edgeX. 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
- −$48.02
- Price spread: −0.091% → −0.017%
- −$7.46
- Slippage, 4 orders
- −$19.84
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$94.32
- Costs to cover
- 0.388%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 22 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 edgeX live order book, 22 min ago | 5.61 bp | 10.5 bp −$10 | 16.5 bp −$165 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 21 min ago | 3.83 bp | 9.0 bp −$9 | 14.8 bp −$148 | 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 | 195.61 | −0.045% | $43K | $48K | 30x | as long as short |
| Bitget COINUSDT | −0.0342% | 8h | 195.60 | −0.050% | $6.3M | $10.5M | 20x | as long as short |
| Vest COIN-USD-PERP | −0.0043% | 1h | 194.95 | −0.382% | — | $326K | 25x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 195.33 | −0.187% | $341K | $890K | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 195.45 | −0.127% | $4.7M | $6.2M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 195.44 | −0.132% | $3.0M | $4.7M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 195.45 | −0.127% | $1.2M | $7.4M | 50x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 195.54 | −0.083% | $711K | $972K | — | as long as short |
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 195.76 | +0.031% | $15K | $2.8M | 10x | as long as short |
| Binance COINUSDT | +0.0013% | 8h | 195.46 | −0.122% | $15.0M | $82.2M | 20x | as long as short |
Injective COIN/USDC PERP
Bitget COINUSDT
Vest COIN-USD-PERP
Aster COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Gate COIN_USDT
Variational Omni COIN
GRVT COIN_USDT_Perp
Binance COINUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended COIN_24_5-USD | +0.0016% | 1h | 195.43 | −0.135% | $104K | $860K | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 195.40 | −0.153% | $464K | $1.5M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 195.76 | +0.031% | $17K | $58K | 5x | as long as short |
| BloFin COIN-USDT | +0.0046% | 8h | 195.56 | −0.071% | $187K | $434K | 20x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 195.37 | −0.168% | $15.1M | $13.0M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 195.41 | −0.147% | $135K | $1.4M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 195.45 | −0.127% | $87 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 195.32 | −0.193% | $457K | $2.8M | 10x | as long as short |
| QFEX COIN-USD | +0.0065% | 1h | 195.46 | −0.122% | $1.3M | $2.9M | 10x | as long as short |
| Lighter COIN | +0.0088% | 1h | 195.40 | −0.155% | $364K | $2.3M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 195.34 | −0.183% | $984K | $141K | 20x | as long as short |
| ApeX Omni COINUSDTshort | +0.0100% | 1h | 195.52 | −0.091% | $88K | $287K | 50x | |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 195.49 | −0.107% | $565 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 195.46 | −0.121% | $115 | — | 10x | as long as short |
| Phoenix COIN | +0.0163% | 1h | 195.44 | −0.132% | $4K | $283K | 10x | as long as short |
| edgeX COINUSDClong | +0.0329% | 4h | 195.70 | long leg | $50K | $295K | 10x |
Extended COIN_24_5-USD
Lighter RH COIN
Arcus COIN-USD
BloFin COIN-USDT
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
SoDEX COIN-USD
Ondo Perps COIN-USD.P
QFEX COIN-USD
Lighter COIN
KuCoin COINUSDTM
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
Phoenix COIN