Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1,239.1 | +0.0313 | pay 0.0039% / 1h | 53m 04s | $217K | $217K | 10x | Long Backpack | |
| SHORT | 1,242.1 | +0.0100 | get 0.0013% / 1h | 53m 04s | $51K | $7K | 50x | Short ApeX Omni5% off |
Price gap+0.244%
Funding gap−0.0213% /8h
The gap pays +$24 on $10k if it goes back to zero (no 7-day history yet), but funding costs $6 a day and eats that in about 3.8 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$31−0.0213% /8h now · paid −0.315% over the last 7D
Price—spread +0.244% now · no price history on both exchanges yet
Costsno datano order book for ApeX Omni
Result, before costs—no pointsneeds both price histories
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+0.244%
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
/8hSNDK on 45 exchanges
lowest funding firstBefore you open
1 ok · 2 to watch- Note: Order book unknown—No order-book sample for ApeX Omni: its slippage is not counted.
- Note: Margin at max leverage$1,000 + $200Backpack 10x, ApeX Omni 50x. 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: −$6.39Long Backpack: 24 payments, −$9.39; short ApeX Omni: 24 payments, +$3.00.
- Note: No 7-day spread history+0.244%The gap cannot be compared with its average yet.
- Watch: Short leg is thinner$51K vs $217K OIApeX Omni sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBackpack Yes · ApeX Omni NoKYC (ID, face scan, residency and source of income) before any trading.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0150%/8h × 21 periods−$31.47
Price spread+0.244% → 0+$24.37
Slippage, 4 ordersno data for ApeX Omni—
Fee Backpack bp × 2 orders−$10.00
Fee ApeX Omni bp × 2 orders−$10.00
Net, fees only · 7 days · $10k−$27.09
Costs to cover0.200%Break-evenfrom the start
Slippage: Backpack: live order book, 55 min ago; ApeX Omni: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGBackpack1.4311.2 bp−$1188.0 bp−$880doesn’t fitdoesn’t fit
SELL · SHORTApeX Omni—————
Closing costs about the same again.
ApeX Omni: no data.
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