Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 322.35 | +0.0041 | pay 0.0005% / 1h | 55m 02s | $1.4M | $2.2M | 20x | Long Arcus5% off | |
| SHORT | 323.06 | 0 | 0.0000% / 1h | 55m 02s | $470K | $959K | 20x | Short RISExInvite |
Price gap+0.222%
Funding gap−0.0041% /8h
The gap pays +$4 on $10k if it goes back to its 7d average, but funding costs $1 a day and eats that in about 3.3 days. At the last 7 days' pace that is about 34 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$20−0.0041% /8h now · paid −0.195% over the last 7D
Price+$4spread +0.222% now, avg +0.182% → +0.040% if it goes back
Costs−$130.130% of $10k · taker + slippage, in and out
Result−$29−0.29%+ Points / potential airdropArcus: points · farm boardWhat the last 7D really paid, hour by hour → backtest
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.222%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hGOOGL on 43 exchanges
lowest funding firstBefore you open
5 ok · 1 to watch- OK: Fits both order books3.3 / 3.6 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$500 + $500Arcus 20x, RISEx 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval1h / 1hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$1.23Long Arcus: 24 payments, −$1.23; short RISEx: 24 payments, $0.00.
- OK: Entry gap works for you+0.222% vs +0.182%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$470K vs $1.4M OIRISEx sets your exit cost. Check its book before closing.
- OK: Points on a legArcus pointsVolume here counts toward the points program.
- OK: No KYC on either legArcus No · RISEx NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0093%/8h × 21 periods−$19.55
Price spread+0.222% → +0.182% (7d avg)+$4.00
Slippage, 4 orderslive order books−$2.47
Fee Arcus bp × 2 orders−$4.50
Fee RISEx bp × 2 orders−$6.00
Net · 7 days · $10k−$28.52
Costs to cover0.130%Break-evennever at this rate
Slippage: Arcus: live order book, 3 min ago; RISEx: live order book, 62 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGArcus0.163.3 bp−$38.2 bp−$8218.5 bp−$1,848doesn’t fit
SELL · SHORTRISEx0.623.6 bp−$48.4 bp−$84doesn’t fitdoesn’t fit
Closing costs about the same again.
| 10-26 08:56 | ApeX Omni | Other | ApeX Insights: The Week Ahead The @federalreserve decides Wednesday and almost nobody expects a move. Thursday is the one that matters: GDP, core PCE and the ECB all inside 45 minutes. 1⃣ Tue 27 Oct — 12:30 UTC — Durable goods, then confidence at 14:00 UTC Consumer confidence printed 81.9 in September, the lowest since 2014, with the expectations sub-index at 63.6 — below the 80 line that usually signals recession. $70bn 5-year auction at 17:00 UTC. 2⃣ Wed 28 Oct — 18:00 UTC — FOMC decision Roughly 92% priced to hold. Warsh presser at 18:30 UTC. No dot plot at this meeting, so the statement language and the press conference are the entire signal. Bank of Canada decides at 13:45 UTC the same morning, and the UK Autumn Budget lands during US hours. Microsoft and Alphabet report after the close. 3⃣ Thu 29 Oct — 12:30 UTC — Q3 GDP, September core PCE and claims, all at once Core PCE ran 3.0% in August. Consensus looks for 3.1%. ECB follows at 13:15 UTC with Lagarde at 13:45, and the BoJ decides overnight into Friday. Amazon reports after the close. 4⃣ Fri 30 Oct — 12:30 UTC — Employment cost index, Chicago PMI at 13:45 Blackout ends, so Fed speakers return the same day — Daly and Musalem are already scheduled. ECI is the cleanest wage read the Fed gets. Why October is a skip. The midterms are 3 November, six days after this decision. Since 1990 the Fed has moved rates that close to a US election exactly once. Reuters polled 94 of 100 economists for a hold this week — and 100 of 100 for a hike in December. What changed last week. Flash PMIs showed selling prices rising at the fastest pace since August 2022. UMich year-ahead inflation expectations hit 4.7% and the five-year hit 3.5%, both cycle highs. And Brent jumped 6.5% to $115 on Houthi strikes against Saudi oil infrastructure. Save this. Wednesday is 18:00 UTC, Thursday is 12:30 UTC. How to trade each outcome, below🧵 @OfficialApeXdex on X ↗ |
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