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

ARB

all ARB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0012%/8h= −1.3% APRnext payment $0.02 per $10,000 · paid last 24h −0.002%
Price spread now: Aevo against ApeX Omni−0.246%70s7-day average +0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$181as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1801.796% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.011%−$1 on $10k
Price spread, last 4 days (all we have)+0.861%+$86 · spread now −0.246%, 7d avg +0.025%
Together, before fees+0.850%+$85 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Aevo is 0.271% 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 +0.025%). Swap the legs. The two prices were read 70 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni ARBUSDT0.21970.0100pay 0.0013% / 1h1m 48s$119K$279K50x
ShortAevo ARB-PERP0.21920.0088get 0.0011% / 1h1m 48s$139K$7K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo 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

Funding earned
−$2.52
Price spread: −0.246% → +0.025%
−$27.08
Slippage, 4 orders
−$153.62
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$209.22
Costs to cover
1.796%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 40 min ago; Aevo: live order book, 37 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 ApeX Omni live order book, 40 min ago11.29 bp20.0 bp −$20123.1 bp −$1,231doesn't fitdoesn't fit
Sell Aevo live order book, 37 min ago38.44 bp70.1 bp −$70doesn't fitdoesn't fitdoesn't fit

ARB on 36 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
Injective ARB/USDC PERP−0.1592%1h0.2186−0.501%$39K$372K12xas long as short
01 Exchange ARBUSD−0.0176%1h0.2189−0.346%$7K$23610xas long as short
Polymarket Perps ARB-USD−0.0168%1h0.2190−0.328%$67K$2.1M10xas long as short
SoDEX ARB-USD−0.0108%1h0.2190−0.323%$9K$2.2M5xas long as short
OKX ARB-USDT-SWAP−0.0092%8h0.2187−0.437%$22.0M$144.4M50xas long as short
MEXC ARB_USDT−0.0090%8h0.2187−0.446%$42.0M$62.5M200xas long as short
Variational Omni ARB−0.0042%8h0.2196−0.029%$1.8M$3.0Mas long as short
Orderly PERP_ARB_USDC−0.0039%8h0.2190−0.319%$12K$408K10xas long as short
Bybit ARBUSDT−0.0006%8h0.2187−0.442%$53.7M$126.4M50xas long as short
dYdX ARB-USD0.0000%1h0.2189−0.352%$65K$5K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit ARB_USDC-PERPETUAL0.0000%1h0.2191−0.282%$28K$38K25xas long as short
gTrade (Gains Network) ARB/USDL +0.0005% / S −0.0009%1h0.2191−0.254%$44K150xas long as short
Gate ARB_USDT+0.0017%8h0.2187−0.442%$5.4M$18.5M60xas long as short
Binance ARBUSDT+0.0018%8h0.2188−0.429%$62.6M$301.9M75xas long as short
Extended ARB-USD+0.0024%1h0.2186−0.481%$350K$3.0M25xas long as short
RISEx ARB/USDC+0.0056%1h0.2191−0.257%$486K$2.6M10xas long as short
BingX ARB-USDC+0.0070%8h0.2187−0.442%$6.5Mas long as short
Bitget ARBUSDT+0.0073%8h0.2187−0.455%$21.1M$34.7M50xas long as short
BloFin ARB-USDT+0.0082%8h0.2190−0.300%$3.0M$2.3M75xas long as short
Aevo ARB-PERPshort+0.0088%1h0.2192−0.246%$139K$7K3x
Lighter ARB+0.0096%1h0.2188−0.405%$1.2M$5.5M15xas long as short
Hyperliquid ARB+0.0100%1h0.2189−0.378%$36.9M$49.4M10xas long as short
Aster ARBUSDT+0.0100%8h0.2190−0.316%$629K$1.7M20xas long as short
Pacifica ARB+0.0100%1h0.2190−0.335%$42K$148K10xas long as short
KuCoin ARBUSDTM+0.0100%8h0.2188−0.414%$19.4M$14.2M75xas long as short
edgeX ARBUSDC+0.0100%4h0.2197+0.020%$39K$464K20xas long as short
GRVT ARB_USDT_Perp+0.0100%8h0.2198+0.046%$469K$3.6M10xas long as short
ApeX Omni ARBUSDTlong+0.0100%1h0.2197long leg$119K$279K50x
SunX ARB-USDT+0.0100%8h0.2193−0.182%$2K$1.1M30xas long as short
HTX ARB-USDT+0.0100%8h0.2191−0.282%$292K$857K50xas long as short
Phemex ARBUSDT+0.0100%8h0.2190−0.319%$4.8M$12.9M50xas long as short
Kraken Futures PF_ARBUSD+0.0233%1h0.2192−0.244%$1.1M$4.4M50xas long as short
GMX ARB/USD [ARB-USDC]L +0.0276% / S −0.0158%1h0.2191−0.277%$827K150xas long as short
Coinbase International ARB-PERP-INTX+0.0288%1h0.2196−0.064%$524K$1.5M50xas long as short
Reya ARBRUSDPERP+0.0289%1h0.2190−0.334%$2K$69520xas long as short
Backpack ARB_USDC_PERP+0.0573%1h0.2193−0.205%$985K$2.8M20xas long as short