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

ARB

all ARB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0206%/8h= +22.6% APRpaid last 24h +0.040%
Price spread now: ApeX Omni against OKX+1.106%50s7-day average +0.072% · 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−$660.659% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.204%+$20 on $10k
Price spread, last 3 days (all we have)−1.085%−$109 · spread now +1.106%, 7d avg +0.072%
Together, before fees−0.881%−$88 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and ApeX Omni is 1.034% dearer against OKX than usual: you sell high and buy low: +$103 more if the spread goes back to its 7-day average of +0.072%. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ARB-USDT-SWAP0.2233−0.0106get 0.0106% / 8h7h 00m$22.8M$156.3M50x
ShortApeX Omni ARBUSDT0.22580.0100get 0.0013% / 1h0m 48s$122K$296K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against OKX. 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
$43.36
Price spread: +1.106% → +0.072%
$103.44
Slippage, 4 orders
−$45.91
Fee OKX: 5 bp × 2 orders
−$10
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
$80.89
Costs to cover
0.659%
Break-even
from the start
Slippage from OKX: live order book, 3 min ago; ApeX Omni: live order book, 6 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 OKX live order book, 3 min ago0.22 bp9.7 bp −$1023.8 bp −$238doesn't fitdoesn't fit
Sell ApeX Omni live order book, 6 min ago11.05 bp21.9 bp −$22119.7 bp −$1,197doesn'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−0.1666%1h0.2241+0.345%$40K$372K12xas long as short
Deribit ARB_USDC-PERPETUAL−0.0284%1h0.2245+0.502%$25K$34K25xas long as short
Variational Omni ARB−0.0196%8h0.2245+0.517%$1.9M$2.8Mas long as short
01 Exchange ARBUSD−0.0160%1h0.2248+0.681%$7K$2K10xas long as short
Kraken Futures PF_ARBUSD−0.0139%1h0.2244+0.483%$1.1M$4.7M50xas long as short
SoDEX ARB-USD−0.0107%1h0.2243+0.430%$10K$2.5M5xas long as short
OKX ARB-USDT-SWAPlong−0.0106%8h0.2233long leg$22.8M$156.3M50x
Bybit ARBUSDT−0.0106%8h0.2233+0.004%$58.0M$127.4M50xas long as short
MEXC ARB_USDT−0.0106%8h0.2233+0.009%$38.5M$59.7M200xas long as short
Orderly PERP_ARB_USDC−0.0053%8h0.2244+0.479%$13K$387K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX ARB-USD0.0000%1h0.2235+0.058%$66K$4K10xas long as short
gTrade (Gains Network) ARB/USDL +0.0005% / S −0.0011%1h0.2247+0.635%$10K150xas long as short
Binance ARBUSDT+0.0010%8h0.2233−0.003%$66.0M$312.2M75xas long as short
Extended ARB-USD+0.0016%1h0.2241+0.339%$356K$2.5M25xas long as short
BloFin ARB-USDT+0.0054%8h0.2243+0.425%$3.2M$2.9M75xas long as short
Aevo ARB-PERP+0.0088%1h0.2244+0.479%$142K$7K3xas long as short
Lighter ARB+0.0096%1h0.2246+0.582%$1.4M$7.3M15xas long as short
Hyperliquid ARB+0.0100%1h0.2246+0.578%$40.7M$47.3M10xas long as short
Aster ARBUSDT+0.0100%8h0.2242+0.401%$699K$1.6M20xas long as short
Pacifica ARB+0.0100%1h0.2238+0.195%$44K$183K10xas long as short
Gate ARB_USDT+0.0100%8h0.2243+0.434%$5.4M$20.1M60xas long as short
KuCoin ARBUSDTM+0.0100%8h0.2234+0.040%$19.4M$15.8M75xas long as short
Bitget ARBUSDT+0.0100%8h0.2244+0.479%$21.4M$35.9M50xas long as short
BingX ARB-USDT+0.0100%8h0.2244+0.484%$54.4Mas long as short
edgeX ARBUSDC+0.0100%4h0.2257+1.050%$41K$464K20xas long as short
GRVT ARB_USDT_Perp+0.0100%8h0.2256+1.030%$486K$3.5M10xas long as short
ApeX Omni ARBUSDTshort+0.0100%1h0.2258+1.106%$122K$296K50x
Polymarket Perps ARB-USD+0.0100%1h0.2249+0.707%$64K$2.0M10xas long as short
SunX ARB-USDT+0.0100%8h0.2257+1.061%$1K$1.1M30xas long as short
HTX ARB-USDT+0.0100%8h0.2244+0.497%$293K$981K50xas long as short
Phemex ARBUSDT+0.0100%8h0.2245+0.524%$5.2M$13.0M50xas long as short
Coinbase International ARB-PERP-INTX+0.0232%1h0.2248+0.658%$505K$2.3M50xas long as short
GMX ARB/USD [ARB-USDC]L +0.0278% / S −0.0162%1h0.2247+0.615%$854K150xas long as short
Reya ARBRUSDPERP+0.0290%1h0.2247+0.632%$2K$69520xas long as short
RISEx ARB/USDC+0.0384%1h0.2250+0.757%$511K$2.6M10xas long as short
Backpack ARB_USDC_PERP+0.0588%1h0.2246+0.555%$1.0M$2.8M20xas long as short