ARB

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0135%/8h= +14.8% APRnext payment +$0.17 per $10,000 · paid last 24h −0.008%

Price spread now: Kraken Futures against ApeX Omni+0.136%75s7-day average +0.054% · you sell dearer than you buy

Net, funding: paid 7d − costs−$93as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$750.747% of the position

Long on ApeX Omni Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days−0.187%−$19 on $10k

Price spread, last 3 days (all we have)+0.327%+$33 · spread now +0.136%, 7d avg +0.054%

Together, before fees+0.140%+$14 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Kraken Futures is 0.082% dearer against ApeX Omni than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.054%. Mind the row above: over the last 7 days funding on this pair cost −0.187%, so the current rate has only just turned in your favour. The two prices were read 75 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni ARBUSDT	0.2272	0.0100	pay 0.0013% / 1h	37m 58s	$122K	$295K	50x
Short	Kraken Futures PF_ARBUSD	0.2275	0.0235	get 0.0029% / 1h	37m 58s	$1.2M	$4.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 Kraken FuturesbpOrdersPrice spread, now +0.136%Rate

Funding earned: $28.36
Price spread: +0.136% → +0.054%: $8.2
Slippage, 4 orders: −$54.67
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$38.11
Costs to cover: 0.747%
Break-even: 16.4 days

Slippage from ApeX Omni: live order book, 39 min ago; Kraken Futures: live order book, 1 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, 39 min ago	11.18 bp	22.0 bp −$22	113.3 bp −$1,133	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 1 min ago	8.57 bp	18.8 bp −$19	26.4 bp −$264	381.7 bp −$38.2K	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	−0.1785%	1h	0.2264	−0.352%	$41K	$372K	12x	as long as short
Polymarket Perps ARB-USD	−0.0306%	1h	0.2273	+0.035%	$75K	$2.0M	10x	as long as short
Variational Omni ARB	−0.0184%	8h	0.2272	−0.019%	$1.9M	$2.7M	—	as long as short
Bybit ARBUSDT	−0.0161%	8h	0.2273	+0.031%	$58.5M	$129.0M	50x	as long as short
01 Exchange ARBUSD	−0.0152%	1h	0.2273	+0.053%	$7K	$2K	10x	as long as short
MEXC ARB_USDT	−0.0111%	8h	0.2273	+0.048%	$38.3M	$59.6M	200x	as long as short
OKX ARB-USDT-SWAP	−0.0111%	8h	0.2273	+0.057%	$23.0M	$160.6M	50x	as long as short
SoDEX ARB-USD	−0.0061%	1h	0.2274	+0.070%	$4K	$2.6M	5x	as long as short
Orderly PERP_ARB_USDC	−0.0040%	8h	0.2273	+0.044%	$13K	$395K	10x	as long as short
dYdX ARB-USD	0.0000%	1h	0.2274	+0.098%	$67K	$4K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit ARB_USDC-PERPETUAL	0.0000%	1h	0.2275	+0.110%	$26K	$32K	25x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0005%	1h	0.2275	+0.110%	$56K	—	150x	as long as short
Binance ARBUSDT	+0.0005%	8h	0.2273	+0.053%	$66.6M	$314.2M	75x	as long as short
Extended ARB-USD	+0.0008%	1h	0.2273	+0.035%	$363K	$2.3M	25x	as long as short
Gate ARB_USDT	+0.0017%	8h	0.2273	+0.035%	$5.5M	$20.2M	60x	as long as short
BloFin ARB-USDT	+0.0022%	8h	0.2274	+0.101%	$3.2M	$2.8M	75x	as long as short
Bitget ARBUSDT	+0.0067%	8h	0.2272	0.000%	$21.4M	$36.1M	50x	as long as short
BingX ARB-USDC	+0.0071%	8h	0.2270	−0.075%	—	$6.5M	—	as long as short
Aevo ARB-PERP	+0.0080%	1h	0.2275	+0.121%	$149K	$12K	3x	as long as short
Lighter ARB	+0.0096%	1h	0.2276	+0.172%	$1.4M	$7.4M	15x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2276	+0.158%	$41.4M	$47.3M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2274	+0.094%	$708K	$1.6M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2274	+0.090%	$48K	$185K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2274	+0.079%	$19.8M	$16.2M	75x	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2273	+0.040%	$40K	$460K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2273	+0.044%	$485K	$3.7M	10x	as long as short
ApeX Omni ARBUSDTlong	+0.0100%	1h	0.2272	long leg	$122K	$295K	50x
SunX ARB-USDT	+0.0100%	8h	0.2276	+0.176%	$2K	$1.1M	30x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2274	+0.079%	$290K	$1.1M	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	0.2274	+0.088%	$5.2M	$13.2M	50x	as long as short
Coinbase International ARB-PERP-INTX	+0.0216%	1h	0.2280	+0.352%	$513K	$2.3M	50x	as long as short
Kraken Futures PF_ARBUSDshort	+0.0235%	1h	0.2275	+0.136%	$1.2M	$4.9M	50x
Reya ARBRUSDPERP	+0.0290%	1h	0.2273	+0.046%	$2K	$695	20x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0296% / S −0.0186%	1h	0.2274	+0.108%	$930K	—	150x	as long as short
RISEx ARB/USDC	+0.0330%	1h	0.2275	+0.137%	$503K	$2.7M	10x	as long as short
Backpack ARB_USDC_PERP	+0.0459%	1h	0.2277	+0.202%	$930K	$2.8M	20x	as long as short