AR

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0651%/8h= −71.2% APRnext payment −$0.81 per $10,000 · paid last 24h −0.174%

Price spread now: GMX against ApeX Omni−0.237%7-day average +0.031% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on ApeX Omni Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.593%−$59 on $10k

Price spread, last 3 days (all we have)+0.782%+$78 · spread now −0.237%, 7d avg +0.031%

Together, before fees+0.189%+$19 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$20 a day on $10k at the current rate, and GMX is 0.268% cheaper against ApeX Omni than usual: you would sell low and buy high (−$27 if the spread goes back to its 7-day average of +0.031%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni ARUSDT	4.5820	0.0100	pay 0.0013% / 1h	4m 35s	$58K	$749K	50x
Short	GMX AR/USD [WBTC.b-USDC]	4.5711	L −0.0140% / S +0.0551%	pay 0.0069% / 1h	4m 35s	$587K	—	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ApeX OmnibpFee GMXbpOrdersPrice spread, now −0.237%Rate

Funding earned: −$136.63
Price spread: −0.237% → +0.031%: −$26.79
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee GMX: 6 bp × 2 orders: −$12
Net: −$185.42
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: ApeX Omni: live order book, 14 min ago; GMX: no order-book sample. 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 live order book, 14 min ago	5.51 bp	15.2 bp −$15	130.5 bp −$1,305	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

GMX: 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.

AR on 17 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
Kraken Futures PF_ARUSD	−0.1894%	1h	4.5678	−0.311%	$46K	$157K	20x	as long as short
GMX AR/USD [WBTC.b-USDC]short	L −0.0140% / S +0.0551%	1h	4.5711	−0.237%	$587K	—	50x
OKX AR-USDT-SWAP	+0.0032%	8h	4.5660	−0.349%	$2.4M	$20.8M	20x	as long as short
Injective AR/USDC PERP	+0.0033%	1h	4.5720	−0.218%	$3K	$339	5.5x	as long as short
Binance ARUSDT	+0.0070%	8h	4.5697	−0.268%	$9.0M	$55.7M	75x	as long as short
Extended AR-USD	+0.0072%	1h	4.5693	−0.277%	$37K	$237K	10x	as long as short
MEXC AR_USDT	+0.0073%	8h	4.5700	−0.262%	$6.9M	$4.6M	100x	as long as short
Hyperliquid AR	+0.0100%	1h	4.5800	−0.044%	$4.1M	$4.9M	5x	as long as short
Aster ARUSDT	+0.0100%	8h	4.5687	−0.291%	$20K	$615K	10x	as long as short
Bybit ARUSDT	+0.0100%	8h	4.5679	−0.308%	$4.7M	$8.9M	75x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate AR_USDT	+0.0100%	8h	4.5710	−0.240%	$2.6M	$2.3M	50x	as long as short
KuCoin ARUSDTM	+0.0100%	8h	4.5740	−0.175%	$1.4M	$1.2M	50x	as long as short
Bitget ARUSDT	+0.0100%	8h	4.5660	−0.349%	$3.9M	$5.6M	75x	as long as short
BingX AR-USDT	+0.0100%	8h	4.5670	−0.327%	—	$2.9M	—	as long as short
Variational Omni AR	+0.0100%	8h	4.5729	−0.199%	$139K	$173K	—	as long as short
ApeX Omni ARUSDTlong	+0.0100%	1h	4.5820	long leg	$58K	$749K	50x
BloFin AR-USDT	+0.0194%	8h	4.5680	−0.306%	$427K	$673K	20x	as long as short