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

AR

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Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0067%/8h= +7.3% APRnext payment +$0.08 per $10,000 · paid last 24h −0.023%
Price spread now: ApeX Omni against Injective−2.690%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. ApeX Omni is 2.690% cheaper against Injective than usual: you would sell low and buy high (spread −2.690% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$269 on $10k: about 4 months of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective AR/USDC PERP4.57200.0033pay 0.0004% / 1h59m 42s$3K$3635.5x
ShortApeX Omni ARUSDT4.44900.0100get 0.0013% / 1h59m 42s$56K$748K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Injective. 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
$14
Price spread: −2.690% → 0.000%
−$269.03
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$265.05
Costs to cover
0.100%
Break-even
139.5 days
Slippage unknown: Injective: no order-book sample; ApeX Omni: live order book, 24 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell ApeX Omni live order book, 24 min ago6.68 bp15.2 bp −$15132.0 bp −$1,320doesn't fitdoesn't fit
Injective: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ARUSD−0.2015%1h4.4519−2.626%$46K$155K20xas long as short
GMX AR/USD [WBTC.b-USDC]L −0.0140% / S +0.0551%1h4.4471−2.732%$571K50xas long as short
Injective AR/USDC PERPlong+0.0033%1h4.5720long leg$3K$3635.5x
Hyperliquid AR+0.0100%1h4.4567−2.522%$3.8M$4.8M5xas long as short
Aster ARUSDT+0.0100%8h4.4517−2.631%$20K$621K10xas long as short
Binance ARUSDT+0.0100%8h4.4505−2.657%$8.7M$55.8M75xas long as short
Bybit ARUSDT+0.0100%8h4.4486−2.699%$4.6M$9.0M75xas long as short
OKX AR-USDT-SWAP+0.0100%8h4.4440−2.800%$2.2M$20.4M20xas long as short
Gate AR_USDT+0.0100%8h4.4470−2.734%$2.5M$2.3M50xas long as short
MEXC AR_USDT+0.0100%8h4.4510−2.647%$6.7M$4.8M100xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ARUSDTM+0.0100%8h4.4480−2.712%$1.4M$1.1M50xas long as short
Bitget ARUSDT+0.0100%8h4.4460−2.756%$3.8M$5.6M75xas long as short
BingX AR-USDT+0.0100%8h4.4480−2.712%$2.9Mas long as short
Variational Omni AR+0.0100%8h4.4423−2.836%$135K$174Kas long as short
ApeX Omni ARUSDTshort+0.0100%1h4.4490−2.690%$56K$748K50x
Extended AR-USD+0.0104%1h4.4496−2.678%$36K$237K10xas long as short
BloFin AR-USDT+0.0220%8h4.4420−2.843%$418K$665K20xas long as short