Settings8H · net · $10k
Funding arb · Price arb /

AR

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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0017%/8h= +1.9% APRpaid last 24h +0.016%
Price spread now: ApeX Omni against Binance+0.006%7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$620.621% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.029%+$3 on $10k
Price spread, last 4 days (all we have)+0.719%+$72 · spread now +0.006%, 7d avg +0.011%
Together, before fees+0.748%+$75 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.011%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ARUSDT4.53670.0083pay 0.0083% / 8h5h 55m$9.0M$51.9M75x
ShortApeX Omni ARUSDT4.53700.0100get 0.0013% / 1h55m 21s$20K$725K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Binance. 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

Funding earned
$3.66
Price spread: +0.006% → +0.011%
−$0.51
Slippage, 4 orders
−$42.11
Fee Binance: 5 bp × 2 orders
−$10
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$58.96
Costs to cover
0.621%
Break-even
119.8 days
Slippage from Binance: live order book, 2 min ago; ApeX Omni: live order book, 8 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 2 min ago1.10 bp13.3 bp −$1355.8 bp −$558470.7 bp −$47.1Kdoesn't fit
Sell ApeX Omni live order book, 8 min ago7.70 bp15.8 bp −$16135.6 bp −$1,356doesn't fitdoesn't fit

AR on 16 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX AR/USD [WBTC.b-USDC]L −0.0141% / S +0.0551%1h4.5376+0.018%$584K50xas long as short
OKX AR-USDT-SWAP−0.0095%8h4.5360−0.016%$2.3M$19.0M20xas long as short
Injective AR/USDC PERP+0.0033%1h4.6110+1.637%$2K$2K5.5xas long as short
Extended AR-USD+0.0080%1h4.5534+0.368%$37K$237K10xas long as short
MEXC AR_USDT+0.0082%8h4.5380+0.028%$6.5M$4.1M100xas long as short
Binance ARUSDTlong+0.0083%8h4.5367long leg$9.0M$51.9M75x
Hyperliquid AR+0.0100%1h4.5438+0.156%$4.1M$4.6M5xas long as short
Aster ARUSDT+0.0100%8h4.5562+0.430%$19K$500K10xas long as short
Bybit ARUSDT+0.0100%8h4.5354−0.029%$4.7M$8.4M75xas long as short
Gate AR_USDT+0.0100%8h4.5390+0.050%$2.5M$1.9M50xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ARUSDTM+0.0100%8h4.5430+0.138%$1.2M$1.2M50xas long as short
Bitget ARUSDT+0.0100%8h4.5340−0.060%$3.9M$5.3M75xas long as short
BingX AR-USDT+0.0100%8h4.5400+0.072%$2.8Mas long as short
Variational Omni AR+0.0100%8h4.5667+0.662%$235K$259Kas long as short
ApeX Omni ARUSDTshort+0.0100%1h4.5370+0.006%$20K$725K50x
Kraken Futures PF_ARUSD+0.1914%1h4.5673+0.673%$56K$149K20xas long as short