Funding you earn now, next payment 07:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.016%
Price spread now: ApeX Omni against OKX−0.158%70s7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$370.371% of the position
Funding, last 7 days+0.093%+$9 on $10k
+Price spread, last 4 days (all we have)+0.090%+$9 · spread now −0.158%, 7d avg −0.024%
=Funding pays, the price is against you. ApeX Omni is 0.135% cheaper against OKX than usual: you would sell low and buy high (spread −0.158% now, against its 7-day average of −0.024%). If the spread goes back, that is −$13 on $10k: about 4.5 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.093% in total) that is about 10 days. The two prices were read 70 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX COIN-USDT-SWAP | 195.59 | 0 | get 0.0000% / 8h | 1h 28m | $3.0M | $4.7M | 20x |
| Short | ApeX Omni COINUSDT | 195.28 | 0.0100 | get 0.0013% / 1h | 28m 20s | $88K | $287K | 50x |
OKX COIN-USDT-SWAP
ApeX Omni COINUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against OKX. 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: −0.158% → −0.024%
- −$13.47
- Slippage, 4 orders
- −$17.13
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$29.6
- Costs to cover
- 0.371%
- Break-even
- 16.9 days
Slippage from OKX: live order book, 4 min ago; ApeX Omni: live order book, 14 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 OKX live order book, 4 min ago | 1.54 bp | 9.3 bp −$9 | 34.0 bp −$340 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 14 min ago | 2.82 bp | 8.2 bp −$8 | 13.6 bp −$136 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget COINUSDT | −0.0719% | 8h | 195.68 | +0.046% | $6.3M | $10.6M | 20x | as long as short |
| Injective COIN/USDC PERP | −0.0440% | 1h | 195.44 | −0.077% | $43K | $48K | 30x | as long as short |
| Vest COIN-USD-PERP | −0.0103% | 1h | 194.82 | −0.394% | — | $289K | 25x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 195.49 | −0.051% | $341K | $890K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 195.54 | −0.027% | $116K | $790K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 195.58 | −0.006% | $15.0M | $82.2M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 195.52 | −0.036% | $4.7M | $6.2M | 50x | as long as short |
| OKX COIN-USDT-SWAPlong | 0.0000% | 8h | 195.59 | long leg | $3.0M | $4.7M | 20x | |
| Gate COIN_USDT | 0.0000% | 8h | 195.53 | −0.031% | $1.2M | $7.4M | 50x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 195.44 | −0.076% | $709K | $940K | — | as long as short |
Bitget COINUSDT
Injective COIN/USDC PERP
Vest COIN-USD-PERP
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
Gate COIN_USDT
Variational Omni COINShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 195.49 | −0.052% | $17K | $2.7M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 195.50 | −0.046% | $460K | $1.5M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 195.55 | −0.020% | $15K | $54K | 5x | as long as short |
| QFEX COIN-USD | +0.0045% | 1h | 195.50 | −0.046% | $1.3M | $2.9M | 10x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 195.43 | −0.082% | $15.2M | $13.2M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 195.42 | −0.087% | $129K | $1.4M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 195.50 | −0.046% | $75 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 195.30 | −0.148% | $443K | $2.8M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 195.44 | −0.077% | $985K | $136K | 20x | as long as short |
| ApeX Omni COINUSDTshort | +0.0100% | 1h | 195.28 | −0.158% | $88K | $287K | 50x | |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 195.53 | −0.031% | $565 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 195.56 | −0.013% | $115 | — | 10x | as long as short |
| Lighter COIN | +0.0120% | 1h | 195.51 | −0.040% | $363K | $2.3M | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 195.54 | −0.026% | $187K | $423K | 20x | as long as short |
| Phoenix COIN | +0.0163% | 1h | 195.47 | −0.061% | $4K | $283K | 10x | as long as short |
| edgeX COINUSDC | +0.0173% | 4h | 195.40 | −0.097% | $50K | $296K | 10x | as long as short |
GRVT COIN_USDT_Perp
Lighter RH COIN
Arcus COIN-USD
QFEX COIN-USD
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
Lighter COIN
BloFin COIN-USDT
Phoenix COIN
edgeX COINUSDC