Funding you earn now, next payment 09:00 UTC−0.0060%/8h= −6.5% APRnext payment −$0.07 per $10,000 · paid last 24h −0.023%
Price spread now: Arcus against ApeX Omni+0.040%53s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Arcus is 0.040% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.040% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.2 days. The two prices were read 53 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 | ApeX Omni USOUSDT | 149.51 | 0.0100 | pay 0.0013% / 1h | 44m 30s | $67K | $13K | 50x |
| Short | Arcus USO-USD | 149.57 | 0.0040 | get 0.0005% / 1h | 44m 30s | $346K | $93K | 20x |
ApeX Omni USOUSDT
Arcus USO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against ApeX Omni. 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
- −$12.54
- Price spread: +0.040% → 0.000%
- $4.01
- Slippage, 4 orders
- no order book: not counted
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$23.03
- Costs to cover
- 0.145%
- Break-even
- never at this rate
Slippage unknown: ApeX Omni: no order-book sample; Arcus: live order book, 54 min ago. Net counts fees only.
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 ApeX Omni no order-book sample | — | — | — | — | — |
| Sell Arcus live order book, 54 min ago | 2.67 bp | 11.9 bp −$12 | 15.2 bp −$152 | doesn't fit | doesn't fit |
ApeX Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
USO on 5 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX USO-USDT-SWAP | 0.0000% | 8h | 148.57 | −0.629% | $194K | $286K | 20x | as long as short |
| MEXC USO_USDT | 0.0000% | 8h | 148.65 | −0.575% | $735K | $101K | 20x | as long as short |
| Lighter RH USO | +0.0032% | 1h | 149.63 | +0.080% | $316K | $179K | 10x | as long as short |
| Arcus USO-USDshort | +0.0040% | 1h | 149.57 | +0.040% | $346K | $93K | 20x | |
| ApeX Omni USOUSDTlong | +0.0100% | 1h | 149.51 | long leg | $67K | $13K | 50x |
OKX USO-USDT-SWAP
MEXC USO_USDT
Lighter RH USO