Funding you earn now, next payment 04:00 UTC+0.0130%/8h= +14.2% APRpaid last 24h +0.020%
Price spread now: ApeX Omni against BloFin+0.089%7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs−$16as in the Price arb table
costs, in and out, $10k−$230.230% of the position
Funding, last 7 days+0.004%$0 on $10k
+Price spread, last 4 days (all we have)−0.022%−$2 · spread now +0.089%, 7d avg +0.014%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and ApeX Omni is 0.075% dearer against BloFin than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.014%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin BTC-USDT | 85,363.3 | −0.0030 | get 0.0030% / 8h | 4h 38m | $416.0M | $665.1M | 150x |
| Short | ApeX Omni BTCUSDT | 85,439.1 | 0.0100 | get 0.0013% / 1h | 38m 37s | $139.7M | $314.2M | 100x |
BloFin BTC-USDT
ApeX Omni BTCUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against BloFin. 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
- $27.22
- Price spread: +0.089% → +0.014%
- $7.5
- Slippage, 4 orders
- −$1.02
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- $11.7
- Costs to cover
- 0.230%
- Break-even
- 4.0 days
Slippage from BloFin: live order book, 6 min ago; ApeX Omni: 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 BloFin live order book, 6 min ago | 0.01 bp | 6.0 bp −$6 | 6.0 bp −$60 | 6.4 bp −$645 | 8.3 bp −$4,143 |
| Sell ApeX Omni live order book, 1 min ago | 0.50 bp | 5.5 bp −$5 | 5.5 bp −$55 | 8.7 bp −$873 | 40.4 bp −$20.2K |
BTC on 56 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 | |
|---|---|---|---|---|---|---|---|---|
| Bluefin BTC-PERP | −0.0311% | 1h | 85,405.2 | +0.049% | $206K | $739K | 40x | as long as short |
| Phoenix BTC | −0.0179% | 1h | 85,385 | +0.025% | $2.2M | $10.3M | 40x | as long as short |
| Hotstuff BTC-PERP | −0.0080% | 1h | 85,449 | +0.100% | $8K | $3K | 50x | as long as short |
| 01 Exchange BTCUSD | −0.0048% | 1h | 85,416.2 | +0.062% | $366K | $2.3M | 50x | as long as short |
| BloFin BTC-USDTlong | −0.0030% | 8h | 85,363.3 | long leg | $416.0M | $665.1M | 150x | |
| KuCoin XBTUSDTM | −0.0008% | 8h | 85,355.7 | −0.009% | $918.1M | $750.4M | 125x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0005% / S −0.0004% | 1h | 85,435.4 | +0.084% | $36.5M | — | 200x | as long as short |
| Aster BTCUSDT | +0.0011% | 8h | 85,381 | +0.021% | $514.5M | $1.10B | 200x | as long as short |
| dYdX BTC-USD | +0.0019% | 1h | 85,384.6 | +0.025% | $16.7M | $21.3M | 50x | as long as short |
| Arcus BTC-USD | +0.0021% | 1h | 85,398.8 | +0.042% | $6.9M | $97.3M | 40x | as long as short |
Bluefin BTC-PERP
Phoenix BTC
Hotstuff BTC-PERP
01 Exchange BTCUSD
KuCoin XBTUSDTM
gTrade (Gains Network) BTC/USD
Aster BTCUSDT
dYdX BTC-USD
Arcus BTC-USDShow all 56 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX BTC-USDT | +0.0060% | 8h | 85,406.8 | +0.051% | — | $1.54B | — | as long as short |
| Nado BTC-PERP | +0.0061% | 1h | 85,422.1 | +0.069% | $22.9M | $219.1M | 50x | as long as short |
| Bitget BTCUSDT | +0.0076% | 8h | 85,415.3 | +0.061% | $2.95B | $5.03B | 150x | as long as short |
| Reya BTCRUSDPERP | +0.0079% | 1h | 85,418.9 | +0.065% | $6.7M | $146.7M | 40x | as long as short |
| Aevo BTC-PERP | +0.0088% | 1h | 85,359.3 | −0.005% | $2.4M | $1.7M | 20x | as long as short |
| MEXC BTC_USDT | +0.0090% | 8h | 85,399.3 | +0.042% | $5.06B | $5.60B | 500x | as long as short |
| Binance BTCUSDT | +0.0091% | 8h | 85,390.5 | +0.032% | $9.35B | $24.06B | 150x | as long as short |
| Lighter BTC | +0.0096% | 1h | 85,382.6 | +0.023% | $172.7M | $1.01B | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 85,395 | +0.037% | $23.7M | $148.6M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 85,434 | +0.083% | $8.4M | $52.7M | 100x | as long as short |
| Phemex BTCUSDT | +0.0099% | 8h | 85,363 | 0.000% | $149.3M | $484.4M | 150x | as long as short |
| Paradex BTC-USD-PERP | +0.0100% | 8h | 85,447.2 | +0.098% | $4.3M | $8.6M | 50x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 85,393 | +0.035% | $225K | $8.0M | 50x | as long as short |
| Hyperliquid BTC | +0.0100% | 1h | 85,442 | +0.092% | $3.74B | $4.97B | 40x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 85,416.4 | +0.062% | $40.0M | $578.1M | 50x | as long as short |
| Bybit BTCUSDT | +0.0100% | 8h | 85,385.8 | +0.026% | $5.23B | $9.72B | 150x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 85,399.9 | +0.043% | $2.57B | $12.09B | 100x | as long as short |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 85,388 | +0.029% | $3.9M | $18.0M | 25x | as long as short |
| Gate BTC_USDT | +0.0100% | 8h | 85,377.2 | +0.016% | $5.52B | $10.62B | 200x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 85,358.3 | −0.006% | $35.7M | $176.2M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 85,453.7 | +0.106% | $153.6M | $563.4M | — | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 85,527.2 | +0.192% | $279.4M | $916.4M | 100x | as long as short |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 85,454 | +0.106% | $214.5M | $169.8M | 50x | as long as short |
| ApeX Omni BTCUSDTshort | +0.0100% | 1h | 85,439.1 | +0.089% | $139.7M | $314.2M | 100x | |
| StandX BTC-USD | +0.0100% | 1h | 85,450 | +0.102% | $30.2M | $207.6M | 40x | as long as short |
| Vest BTC-PERP | +0.0100% | 1h | 85,487.6 | +0.146% | — | $11.8M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 85,429 | +0.077% | $11.0M | $14.2M | 50x | as long as short |
| Bullet BTC-USD | +0.0100% | 1h | 85,429 | +0.077% | $193K | $3.3M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 85,380 | +0.020% | $2.4M | $8.8M | 100x | as long as short |
| Derive BTC-PERP | +0.0100% | 1h | 85,362.6 | −0.001% | $29.9M | $50.9M | 15x | as long as short |
| SunX BTC-USDT | +0.0100% | 8h | 85,445.9 | +0.097% | $2.9M | $6.1M | 100x | as long as short |
| SoDEX BTC-USD | +0.0100% | 1h | 85,363 | 0.000% | $59.8M | $336.1M | 40x | as long as short |
| HTX BTC-USDT | +0.0100% | 8h | 85,357.3 | −0.007% | $2.26B | $940.8M | 200x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 85,513.6 | +0.176% | $649.6M | $594.9M | 40x | as long as short |
| Extended BTC-USD | +0.0104% | 1h | 85,373.1 | +0.011% | $44.5M | $226.5M | 50x | as long as short |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0056% | 1h | 85,434.4 | +0.083% | — | $106.9M | 500x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0104% | 1h | 85,402.1 | +0.045% | $116.9M | $5.16B | 50x | as long as short |
| Deribit BTC-PERPETUAL | +0.0148% | 1h | 85,409.3 | +0.054% | $894.0M | $1.53B | 50x | as long as short |
| Injective BTC/USDC PERP | +0.0150% | 1h | 85,539 | +0.206% | $340K | $26.9M | 52x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0171% | 1h | 85,378.1 | +0.017% | $188.2M | $954.4M | 100x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0176% / S −0.0153% | 1h | 85,436.8 | +0.086% | $13.4M | — | 200x | as long as short |
| RISEx BTC/USDC | +0.0194% | 1h | 85,443.8 | +0.094% | $8.3M | $42.4M | 25x | as long as short |
| Hibachi BTC/USDT-P | +0.0200% | 1h | 85,536.6 | +0.203% | $692K | $7.9M | 30x | as long as short |
| Aftermath Perps BTCUSD | +0.0200% | 1h | 85,508 | +0.169% | $78K | $219K | 20x | as long as short |
| Kalshi KXBTCPERP | +0.0217% | 8h | 85,484 | +0.141% | $10.4M | $758.7M | 6.4x | as long as short |
| Perpl BTC | +0.0447% | 43m | 85,467.1 | +0.122% | $497K | $18.9M | 6.7x | as long as short |
BingX BTC-USDT
Nado BTC-PERP
Bitget BTCUSDT
Reya BTCRUSDPERP
Aevo BTC-PERP
MEXC BTC_USDT
Binance BTCUSDT
Lighter BTC
Lighter RH BTC
Popdex BTCUSDT
Phemex BTCUSDT
Paradex BTC-USD-PERP
Katana Perps BTC-USD
Hyperliquid BTC
Pacifica BTC
Bybit BTCUSDT
OKX BTC-USDT-SWAP
Ondo Perps BTC-USD.P
Gate BTC_USDT
Backpack BTC_USDC_PERP
Variational Omni BTC
edgeX BTCUSDC
GRVT BTC_USDT_Perp
StandX BTC-USD
Vest BTC-PERP
Polymarket Perps BTC-USD
Bullet BTC-USD
Orderly PERP_BTC_USDC
Derive BTC-PERP
SunX BTC-USDT
SoDEX BTC-USD
HTX BTC-USDT
Bulk BTC-USD
Extended BTC-USD
Jupiter Perps WBTC-PERP
Coinbase International BTC-PERP-INTX
Deribit BTC-PERPETUAL
Injective BTC/USDC PERP
Kraken Futures PF_XBTUSD
GMX BTC/USD [WBTC.b-USDC]
RISEx BTC/USDC
Hibachi BTC/USDT-P
Aftermath Perps BTCUSD
Kalshi KXBTCPERP
Perpl BTC