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 − costs—prices read too far apart to compare
costs, in and out, $10k−$660.659% of the position
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ARB-USDT-SWAP | 0.2233 | −0.0106 | get 0.0106% / 8h | 7h 00m | $22.8M | $156.3M | 50x |
| Short | ApeX Omni ARBUSDT | 0.2258 | 0.0100 | get 0.0013% / 1h | 0m 48s | $122K | $296K | 50x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy OKX live order book, 3 min ago | 0.22 bp | 9.7 bp −$10 | 23.8 bp −$238 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 6 min ago | 11.05 bp | 21.9 bp −$22 | 119.7 bp −$1,197 | 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 | −0.1666% | 1h | 0.2241 | +0.345% | $40K | $372K | 12x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0284% | 1h | 0.2245 | +0.502% | $25K | $34K | 25x | as long as short |
| Variational Omni ARB | −0.0196% | 8h | 0.2245 | +0.517% | $1.9M | $2.8M | — | as long as short |
| 01 Exchange ARBUSD | −0.0160% | 1h | 0.2248 | +0.681% | $7K | $2K | 10x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0139% | 1h | 0.2244 | +0.483% | $1.1M | $4.7M | 50x | as long as short |
| SoDEX ARB-USD | −0.0107% | 1h | 0.2243 | +0.430% | $10K | $2.5M | 5x | as long as short |
| OKX ARB-USDT-SWAPlong | −0.0106% | 8h | 0.2233 | long leg | $22.8M | $156.3M | 50x | |
| Bybit ARBUSDT | −0.0106% | 8h | 0.2233 | +0.004% | $58.0M | $127.4M | 50x | as long as short |
| MEXC ARB_USDT | −0.0106% | 8h | 0.2233 | +0.009% | $38.5M | $59.7M | 200x | as long as short |
| Orderly PERP_ARB_USDC | −0.0053% | 8h | 0.2244 | +0.479% | $13K | $387K | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ARB-USD | 0.0000% | 1h | 0.2235 | +0.058% | $66K | $4K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0011% | 1h | 0.2247 | +0.635% | $10K | — | 150x | as long as short |
| Binance ARBUSDT | +0.0010% | 8h | 0.2233 | −0.003% | $66.0M | $312.2M | 75x | as long as short |
| Extended ARB-USD | +0.0016% | 1h | 0.2241 | +0.339% | $356K | $2.5M | 25x | as long as short |
| BloFin ARB-USDT | +0.0054% | 8h | 0.2243 | +0.425% | $3.2M | $2.9M | 75x | as long as short |
| Aevo ARB-PERP | +0.0088% | 1h | 0.2244 | +0.479% | $142K | $7K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2246 | +0.582% | $1.4M | $7.3M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2246 | +0.578% | $40.7M | $47.3M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2242 | +0.401% | $699K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2238 | +0.195% | $44K | $183K | 10x | as long as short |
| Gate ARB_USDT | +0.0100% | 8h | 0.2243 | +0.434% | $5.4M | $20.1M | 60x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2234 | +0.040% | $19.4M | $15.8M | 75x | as long as short |
| Bitget ARBUSDT | +0.0100% | 8h | 0.2244 | +0.479% | $21.4M | $35.9M | 50x | as long as short |
| BingX ARB-USDT | +0.0100% | 8h | 0.2244 | +0.484% | — | $54.4M | — | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2257 | +1.050% | $41K | $464K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2256 | +1.030% | $486K | $3.5M | 10x | as long as short |
| ApeX Omni ARBUSDTshort | +0.0100% | 1h | 0.2258 | +1.106% | $122K | $296K | 50x | |
| Polymarket Perps ARB-USD | +0.0100% | 1h | 0.2249 | +0.707% | $64K | $2.0M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2257 | +1.061% | $1K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2244 | +0.497% | $293K | $981K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2245 | +0.524% | $5.2M | $13.0M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0232% | 1h | 0.2248 | +0.658% | $505K | $2.3M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0278% / S −0.0162% | 1h | 0.2247 | +0.615% | $854K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2247 | +0.632% | $2K | $695 | 20x | as long as short |
| RISEx ARB/USDC | +0.0384% | 1h | 0.2250 | +0.757% | $511K | $2.6M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0588% | 1h | 0.2246 | +0.555% | $1.0M | $2.8M | 20x | as long as short |
OKX ARB-USDT-SWAP
ApeX Omni ARBUSDT
Injective ARB/USDC PERP
Deribit ARB_USDC-PERPETUAL
Variational Omni ARB
01 Exchange ARBUSD
Kraken Futures PF_ARBUSD
SoDEX ARB-USD
Bybit ARBUSDT
MEXC ARB_USDT
gTrade (Gains Network) ARB/USD
Binance ARBUSDT
Extended ARB-USD
BloFin ARB-USDT
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
Gate ARB_USDT
KuCoin ARBUSDTM
Bitget ARBUSDT
BingX ARB-USDT
edgeX ARBUSDC
GRVT ARB_USDT_Perp
Polymarket Perps ARB-USD
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
Coinbase International ARB-PERP-INTX
GMX ARB/USD [ARB-USDC]
RISEx ARB/USDC
Backpack ARB_USDC_PERP