Funding you earn now, next payment 05:00 UTC−0.0189%/8h= −20.7% APRnext payment −$0.24 per $10,000 · paid last 24h −0.058%
Price spread now: ApeX Omni against Reya+0.126%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. ApeX Omni is 0.126% dearer against Reya than usual: you sell high and buy low (spread +0.126% now, against zero (this spread has no 7-day history yet)): +$13 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 2.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya ARBRUSDPERP | 0.2191 | 0.0289 | pay 0.0036% / 1h | 15m 16s | $2K | $695 | 20x |
| Short | ApeX Omni ARBUSDT | 0.2194 | 0.0100 | get 0.0013% / 1h | 15m 16s | $118K | $283K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Reya. 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
- −$39.7
- Price spread: +0.126% → 0.000%
- $12.57
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$43.12
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; ApeX Omni: live order book, 37 min ago. Net counts fees only.
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 Reya no order-book sample | — | — | — | — | — |
| Sell ApeX Omni live order book, 37 min ago | 9.11 bp | 22.6 bp −$23 | 112.2 bp −$1,122 | doesn't fit | doesn't fit |
Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.1589% | 1h | 0.2183 | −0.376% | $39K | $372K | 12x | as long as short |
| Polymarket Perps ARB-USD | −0.0166% | 1h | 0.2192 | +0.012% | $70K | $2.1M | 10x | as long as short |
| OKX ARB-USDT-SWAP | −0.0102% | 8h | 0.2191 | −0.007% | $22.0M | $142.0M | 50x | as long as short |
| MEXC ARB_USDT | −0.0101% | 8h | 0.2192 | +0.030% | $41.4M | $60.7M | 200x | as long as short |
| Variational Omni ARB | −0.0095% | 8h | 0.2191 | −0.017% | $1.8M | $3.0M | — | as long as short |
| Orderly PERP_ARB_USDC | −0.0064% | 8h | 0.2192 | +0.034% | $12K | $407K | 10x | as long as short |
| Bybit ARBUSDT | −0.0051% | 8h | 0.2191 | −0.029% | $55.3M | $123.2M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0050% | 1h | 0.2193 | +0.068% | $1.1M | $4.4M | 50x | as long as short |
| 01 Exchange ARBUSD | −0.0016% | 1h | 0.2190 | −0.034% | $7K | $1K | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2191 | −0.028% | $65K | $5K | 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 | 0.2193 | +0.066% | $24K | $34K | 25x | as long as short |
| Gate ARB_USDT | +0.0002% | 8h | 0.2192 | +0.039% | $5.3M | $18.2M | 60x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0009% | 1h | 0.2192 | +0.055% | $44K | — | 150x | as long as short |
| Extended ARB-USD | +0.0048% | 1h | 0.2190 | −0.043% | $349K | $2.5M | 25x | as long as short |
| Binance ARBUSDT | +0.0051% | 8h | 0.2192 | +0.012% | $64.0M | $298.5M | 75x | as long as short |
| BingX ARB-USDT | +0.0053% | 8h | 0.2193 | +0.057% | — | $53.7M | — | as long as short |
| Bitget ARBUSDT | +0.0054% | 8h | 0.2191 | −0.011% | $20.8M | $33.8M | 50x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2191 | +0.007% | $1.3M | $5.5M | 15x | as long as short |
| Aevo ARB-PERP | +0.0096% | 1h | 0.2193 | +0.062% | $139K | $7K | 3x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2194 | +0.126% | $37.4M | $48.4M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2191 | −0.023% | $630K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2190 | −0.054% | $42K | $158K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2193 | +0.076% | $19.6M | $14.5M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2194 | +0.121% | $39K | $464K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2194 | +0.133% | $468K | $3.5M | 10x | as long as short |
| ApeX Omni ARBUSDTshort | +0.0100% | 1h | 0.2194 | +0.126% | $118K | $283K | 50x | |
| SunX ARB-USDT | +0.0100% | 8h | 0.2193 | +0.080% | $1K | $1.1M | 30x | as long as short |
| SoDEX ARB-USD | +0.0100% | 1h | 0.2192 | +0.016% | $10K | $2.2M | 5x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2192 | +0.016% | $296K | $885K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2191 | −0.011% | $5.0M | $12.8M | 50x | as long as short |
| RISEx ARB/USDC | +0.0118% | 1h | 0.2192 | +0.042% | $471K | $2.6M | 10x | as long as short |
| BloFin ARB-USDT | +0.0171% | 8h | 0.2192 | +0.034% | $3.1M | $2.5M | 75x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0256% | 1h | 0.2193 | +0.080% | $494K | $1.6M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0276% / S −0.0158% | 1h | 0.2193 | +0.081% | $827K | — | 150x | as long as short |
| Reya ARBRUSDPERPlong | +0.0289% | 1h | 0.2191 | long leg | $2K | $695 | 20x | |
| Backpack ARB_USDC_PERP | +0.0576% | 1h | 0.2193 | +0.062% | $985K | $2.8M | 20x | as long as short |
ApeX Omni ARBUSDT
Injective ARB/USDC PERP
Polymarket Perps ARB-USD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Variational Omni ARB
Bybit ARBUSDT
Kraken Futures PF_ARBUSD
01 Exchange ARBUSD
Deribit ARB_USDC-PERPETUAL
Gate ARB_USDT
gTrade (Gains Network) ARB/USD
Extended ARB-USD
Binance ARBUSDT
BingX ARB-USDT
Bitget ARBUSDT
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
SunX ARB-USDT
SoDEX ARB-USD
HTX ARB-USDT
Phemex ARBUSDT
RISEx ARB/USDC
BloFin ARB-USDT
Coinbase International ARB-PERP-INTX
GMX ARB/USD [ARB-USDC]
Backpack ARB_USDC_PERP