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

ARB

all ARB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0017%/8h= +1.9% APRpaid last 24h +0.003%
Price spread now: ApeX Omni against BingX+0.366%83s7-day average · you sell dearer than you buy
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$490.491% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.045%+$4 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and ApeX Omni is 0.366% dearer against BingX than usual: you sell high and buy low: +$37 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 83 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ARB-USDT0.22120.0073pay 0.0073% / 8h5h 06m$53.8M
ShortApeX Omni ARBUSDT0.22200.0090get 0.0011% / 1h6m 08s$120K$283K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against BingX. 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
$3.57
Price spread: +0.366% → 0.000%
$36.62
Slippage, 4 orders
−$29.1
Fee BingX: 5 bp × 2 orders
−$10
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$8.9
Costs to cover
0.491%
Break-even
24.5 days
Slippage from BingX: live order book, 3 min ago; ApeX Omni: live order book, 56 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 BingX live order book, 3 min ago0.90 bp6.1 bp −$68.1 bp −$8118.3 bp −$1,82969.8 bp −$34.9K
Sell ApeX Omni live order book, 56 min ago9.00 bp19.1 bp −$19108.0 bp −$1,080doesn'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−0.1577%1h0.2211−0.041%$40K$372K12xas long as short
Deribit ARB_USDC-PERPETUAL−0.0247%1h0.2211−0.059%$24K$34K25xas long as short
OKX ARB-USDT-SWAP−0.0146%8h0.2210−0.095%$22.3M$149.1M50xas long as short
MEXC ARB_USDT−0.0145%8h0.2211−0.027%$38.0M$59.4M200xas long as short
Variational Omni ARB−0.0133%8h0.2209−0.144%$1.8M$3.0Mas long as short
Polymarket Perps ARB-USD−0.0132%1h0.2213+0.027%$87K$2.1M10xas long as short
01 Exchange ARBUSD−0.0120%1h0.2213+0.032%$7K$2K10xas long as short
SoDEX ARB-USD−0.0113%1h0.2211−0.041%$10K$2.3M5xas long as short
Gate ARB_USDT−0.0104%8h0.2211−0.036%$5.4M$19.2M60xas long as short
Kraken Futures PF_ARBUSD−0.0098%1h0.2213+0.031%$1.1M$4.4M50xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_ARB_USDC−0.0076%8h0.2210−0.086%$13K$388K10xas long as short
Bybit ARBUSDT−0.0066%8h0.2210−0.072%$56.3M$125.9M50xas long as short
dYdX ARB-USD0.0000%1h0.2216+0.192%$66K$5K10xas long as short
gTrade (Gains Network) ARB/USDL +0.0005% / S −0.0013%1h0.2211−0.032%$11K150xas long as short
Binance ARBUSDT+0.0022%8h0.2211−0.054%$64.5M$306.7M75xas long as short
Extended ARB-USD+0.0024%1h0.2209−0.114%$351K$2.5M25xas long as short
Phemex ARBUSDT+0.0043%8h0.2213+0.050%$5.0M$12.9M50xas long as short
Bitget ARBUSDT+0.0071%8h0.2211−0.041%$21.1M$34.6M50xas long as short
BingX ARB-USDTlong+0.0073%8h0.2212long leg$53.8M
Aevo ARB-PERP+0.0088%1h0.2210−0.063%$140K$7K3xas long as short
ApeX Omni ARBUSDTshort+0.0090%1h0.2220+0.366%$120K$283K50x
BloFin ARB-USDT+0.0096%8h0.2218+0.258%$3.1M$2.6M75xas long as short
Lighter ARB+0.0096%1h0.2212−0.018%$1.2M$6.4M15xas long as short
Hyperliquid ARB+0.0100%1h0.2213+0.072%$38.3M$49.1M10xas long as short
Aster ARBUSDT+0.0100%8h0.2210−0.071%$647K$1.6M20xas long as short
Pacifica ARB+0.0100%1h0.2215+0.140%$42K$169K10xas long as short
KuCoin ARBUSDTM+0.0100%8h0.2211−0.036%$19.5M$15.3M75xas long as short
edgeX ARBUSDC+0.0100%4h0.2222+0.441%$40K$461K20xas long as short
GRVT ARB_USDT_Perp+0.0100%8h0.2223+0.502%$482K$3.6M10xas long as short
SunX ARB-USDT+0.0100%8h0.2212+0.005%$1K$1.1M30xas long as short
HTX ARB-USDT+0.0100%8h0.2215+0.136%$301K$939K50xas long as short
Coinbase International ARB-PERP-INTX+0.0224%1h0.2208−0.163%$495K$2.0M50xas long as short
RISEx ARB/USDC+0.0232%1h0.2215+0.118%$490K$2.6M10xas long as short
GMX ARB/USD [ARB-USDC]L +0.0273% / S −0.0155%1h0.2211−0.035%$825K150xas long as short
Reya ARBRUSDPERP+0.0289%1h0.2210−0.075%$2K$69520xas long as short
Backpack ARB_USDC_PERP+0.0544%1h0.2214+0.109%$997K$2.8M20xas long as short