Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.008%
Price spread now: ApeX Omni against Bybit+0.088%7-day average +0.099% · you sell dearer than you buy
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$650.655% of the position
Funding, last 7 days+0.046%+$5 on $10k
+Price spread, last 4 days (all we have)+0.661%+$66 · spread now +0.088%, 7d avg +0.099%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit OPUSDT | 0.1246 | 0.0100 | pay 0.0100% / 8h | 11m 31s | $18.2M | $26.3M | 75x |
| Short | ApeX Omni OPUSDT | 0.1247 | 0.0100 | get 0.0013% / 1h | 11m 31s | $43K | $696K | 50x |
Bybit OPUSDT
ApeX Omni OPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Bybit. 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
- $0
- Price spread: +0.088% → +0.099%
- −$1.1
- Slippage, 4 orders
- −$44.47
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$66.58
- Costs to cover
- 0.655%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; ApeX Omni: live order book, 27 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 Bybit live order book, 2 min ago | 0.40 bp | 12.5 bp −$12 | 29.2 bp −$292 | 106.5 bp −$10.7K | doesn't fit |
| Sell ApeX Omni live order book, 27 min ago | 12.01 bp | 21.1 bp −$21 | 113.5 bp −$1,135 | doesn't fit | doesn't fit |
OP on 30 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 OP/USDC PERP | −0.1660% | 1h | 0.1235 | −0.875% | $34K | $63K | 12x | as long as short |
| GMX OP/USD [OP-USDC] | L −0.1164% / S +0.0246% | 1h | 0.1247 | +0.098% | $13K | — | 100x | as long as short |
| Orderly PERP_OP_USDC | −0.0055% | 8h | 0.1246 | +0.008% | $12K | $236K | 10x | as long as short |
| dYdX OP-USD | 0.0000% | 1h | 0.1247 | +0.075% | $39K | $522 | 10x | as long as short |
| Deribit OP_USDC-PERPETUAL | 0.0000% | 1h | 0.1246 | +0.008% | $31K | $165K | 25x | as long as short |
| gTrade (Gains Network) OP/USD | L +0.0004% / S −0.0004% | 1h | 0.1247 | +0.107% | — | — | 150x | as long as short |
| Variational Omni OP | +0.0061% | 8h | 0.1245 | −0.084% | $220K | $47K | — | as long as short |
| KuCoin OPUSDTM | +0.0070% | 8h | 0.1245 | −0.072% | $2.8M | $6.1M | 75x | as long as short |
| Coinbase International OP-PERP-INTX | +0.0080% | 1h | 0.1248 | +0.169% | $24K | $66K | 50x | as long as short |
| Lighter OP | +0.0096% | 1h | 0.1247 | +0.104% | $288K | $1.1M | 15x | as long as short |
Injective OP/USDC PERP
GMX OP/USD [OP-USDC]
Orderly PERP_OP_USDC
dYdX OP-USD
Deribit OP_USDC-PERPETUAL
gTrade (Gains Network) OP/USD
Variational Omni OP
KuCoin OPUSDTM
Coinbase International OP-PERP-INTX
Lighter OPShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid OP | +0.0100% | 1h | 0.1247 | +0.080% | $3.5M | $3.6M | 5x | as long as short |
| Aster OPUSDT | +0.0100% | 8h | 0.1247 | +0.092% | $205K | $210K | 10x | as long as short |
| Binance OPUSDT | +0.0100% | 8h | 0.1246 | +0.034% | $19.6M | $67.6M | 75x | as long as short |
| Bybit OPUSDTlong | +0.0100% | 8h | 0.1246 | long leg | $18.2M | $26.3M | 75x | |
| OKX OP-USDT-SWAP | +0.0100% | 8h | 0.1246 | +0.032% | $5.9M | $29.5M | 50x | as long as short |
| Gate OP_USDT | +0.0100% | 8h | 0.1247 | +0.088% | $2.0M | $1.5M | 50x | as long as short |
| MEXC OP_USDT | +0.0100% | 8h | 0.1246 | +0.032% | $22.2M | $7.8M | 300x | as long as short |
| Bitget OPUSDT | +0.0100% | 8h | 0.1246 | +0.008% | $5.6M | $6.8M | 75x | as long as short |
| BingX OP-USDC | +0.0100% | 8h | 0.1247 | +0.088% | — | $1.6M | — | as long as short |
| Backpack OP_USDC_PERP | +0.0100% | 1h | 0.1246 | −0.008% | $115K | $221K | 10x | as long as short |
| edgeX OPUSDC | +0.0100% | 4h | 0.1245 | −0.057% | $4K | $1.1M | 10x | as long as short |
| GRVT OP_USDT_Perp | +0.0100% | 8h | 0.1247 | +0.066% | $305K | $5.3M | 10x | as long as short |
| ApeX Omni OPUSDTshort | +0.0100% | 1h | 0.1247 | +0.088% | $43K | $696K | 50x | |
| SoDEX OP-USD | +0.0100% | 1h | 0.1246 | +0.016% | $209 | $6K | 5x | as long as short |
| HTX OP-USDT | +0.0100% | 8h | 0.1247 | +0.080% | $166K | $259K | 50x | as long as short |
| Extended OP-USD | +0.0104% | 1h | 0.1246 | +0.038% | $100K | $610K | 25x | as long as short |
| Aevo OP-PERP | +0.0104% | 1h | 0.1246 | +0.043% | $3K | $1K | 3x | as long as short |
| Kraken Futures PF_OPUSD | +0.0165% | 1h | 0.1247 | +0.108% | $741K | $678K | 20x | as long as short |
| BloFin OP-USDT | +0.0220% | 8h | 0.1247 | +0.112% | $991K | $324K | 75x | as long as short |
| Reya OPRUSDPERP | +0.0444% | 1h | 0.1247 | +0.076% | $693 | — | 20x | as long as short |
Hyperliquid OP
Aster OPUSDT
Binance OPUSDT
OKX OP-USDT-SWAP
Gate OP_USDT
MEXC OP_USDT
Bitget OPUSDT
BingX OP-USDC
Backpack OP_USDC_PERP
edgeX OPUSDC
GRVT OP_USDT_Perp
SoDEX OP-USD
HTX OP-USDT
Extended OP-USD
Aevo OP-PERP
Kraken Futures PF_OPUSD
BloFin OP-USDT
Reya OPRUSDPERP