Funding you earn now, next payment 06:00 UTC+0.0188%/8h= +20.6% APRnext payment +$0.24 per $10,000 · paid last 24h +0.080%
Price spread now: Coinbase International against ApeX Omni+0.347%7-day average +0.131% · you sell dearer than you buy
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$870.871% of the position
Funding, last 7 days+0.265%+$26 on $10k
+Price spread, last 4 days (all we have)+0.383%+$38 · spread now +0.347%, 7d avg +0.131%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Coinbase International is 0.216% dearer against ApeX Omni than usual: you sell high and buy low: +$22 more if the spread goes back to its 7-day average of +0.131%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni ARBUSDT | 0.2188 | 0.0100 | pay 0.0013% / 1h | 59m 36s | $118K | $279K | 50x |
| Short | Coinbase International ARB-PERP-INTX | 0.2196 | 0.0288 | get 0.0036% / 1h | 59m 36s | $524K | $1.5M | 50x |
ApeX Omni ARBUSDT
Coinbase International ARB-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $39.48
- Price spread: +0.347% → +0.131%
- $21.62
- Slippage, 4 orders
- −$67.14
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$26.04
- Costs to cover
- 0.871%
- Break-even
- 11.6 days
Slippage from ApeX Omni: live order book, 43 min ago; Coinbase International: live order book, 4 min ago.
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, 43 min ago | 11.29 bp | 20.0 bp −$20 | 123.1 bp −$1,231 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 4 min ago | 11.40 bp | 22.5 bp −$23 | 31.1 bp −$311 | doesn't fit | doesn't fit |
ARB on 36 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective ARB/USDC PERP | −0.1592% | 1h | 0.2186 | −0.091% | $39K | $372K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0200% | 1h | 0.2184 | −0.174% | $7K | $236 | 10x | as long as short |
| Polymarket Perps ARB-USD | −0.0168% | 1h | 0.2187 | −0.064% | $67K | $2.1M | 10x | as long as short |
| SoDEX ARB-USD | −0.0111% | 1h | 0.2186 | −0.073% | $9K | $2.2M | 5x | as long as short |
| MEXC ARB_USDT | −0.0091% | 8h | 0.2186 | −0.073% | $41.9M | $61.4M | 200x | as long as short |
| OKX ARB-USDT-SWAP | −0.0091% | 8h | 0.2185 | −0.142% | $21.9M | $144.3M | 50x | as long as short |
| Orderly PERP_ARB_USDC | −0.0038% | 8h | 0.2186 | −0.091% | $12K | $407K | 10x | as long as short |
| Variational Omni ARB | −0.0035% | 8h | 0.2185 | −0.116% | $1.8M | $3.0M | — | as long as short |
| Bybit ARBUSDT | −0.0008% | 8h | 0.2184 | −0.165% | $53.5M | $126.4M | 50x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2187 | −0.050% | $65K | $5K | 10x | as long as short |
Injective ARB/USDC PERP
01 Exchange ARBUSD
Polymarket Perps ARB-USD
SoDEX ARB-USD
MEXC ARB_USDT
OKX ARB-USDT-SWAP
Orderly PERP_ARB_USDC
Variational Omni ARB
Bybit ARBUSDT
dYdX ARB-USDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2187 | −0.037% | $28K | $38K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0009% | 1h | 0.2188 | −0.012% | $44K | — | 150x | as long as short |
| Binance ARBUSDT | +0.0015% | 8h | 0.2185 | −0.121% | $62.6M | $301.9M | 75x | as long as short |
| Extended ARB-USD | +0.0016% | 1h | 0.2184 | −0.161% | $352K | $3.0M | 25x | as long as short |
| Gate ARB_USDT | +0.0018% | 8h | 0.2185 | −0.114% | $5.4M | $18.3M | 60x | as long as short |
| RISEx ARB/USDC | +0.0056% | 1h | 0.2188 | 0.000% | $485K | $2.6M | 10x | as long as short |
| BloFin ARB-USDT | +0.0071% | 8h | 0.2186 | −0.105% | $3.0M | $2.3M | 75x | as long as short |
| Bitget ARBUSDT | +0.0074% | 8h | 0.2185 | −0.137% | $21.1M | $34.7M | 50x | as long as short |
| BingX ARB-USDC | +0.0074% | 8h | 0.2185 | −0.133% | — | $6.5M | — | as long as short |
| Aevo ARB-PERP | +0.0088% | 1h | 0.2187 | −0.042% | $139K | $7K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2186 | −0.105% | $1.2M | $5.4M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2187 | −0.046% | $36.9M | $49.4M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2187 | −0.026% | $628K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2187 | −0.041% | $42K | $148K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2186 | −0.082% | $19.4M | $14.2M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2187 | −0.059% | $39K | $466K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2188 | 0.000% | $466K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDTlong | +0.0100% | 1h | 0.2188 | long leg | $118K | $279K | 50x | |
| SunX ARB-USDT | +0.0100% | 8h | 0.2188 | 0.000% | $1K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2187 | −0.041% | $292K | $838K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2187 | −0.046% | $4.8M | $12.9M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0233% | 1h | 0.2188 | −0.019% | $1.1M | $4.4M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0276% / S −0.0158% | 1h | 0.2187 | −0.024% | $826K | — | 150x | as long as short |
| Coinbase International ARB-PERP-INTXshort | +0.0288% | 1h | 0.2196 | +0.347% | $524K | $1.5M | 50x | |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2186 | −0.100% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0566% | 1h | 0.2190 | +0.082% | $984K | $2.8M | 20x | as long as short |
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Binance ARBUSDT
Extended ARB-USD
Gate ARB_USDT
RISEx ARB/USDC
BloFin ARB-USDT
Bitget ARBUSDT
BingX ARB-USDC
Aevo ARB-PERP
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
Kraken Futures PF_ARBUSD
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP