Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: ApeX Omni against KuCoin+0.635%52s7-day average +0.067% · you sell dearer than you buy
Net, funding: paid 7d − costs−$94as 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−$940.939% of the position
Funding, last 7 days−0.002%$0 on $10k
+Price spread, last 3 days (all we have)−0.435%−$43 · spread now +0.635%, 7d avg +0.067%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.568% dearer against KuCoin than usual: you sell high and buy low, +$57 on $10k if it goes back to its 7-day average of +0.067%. The two prices were read 52 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 | KuCoin OPUSDTM | 0.1259 | 0.0100 | pay 0.0100% / 8h | 6h 58m | $2.9M | $7.0M | 75x |
| Short | ApeX Omni OPUSDT | 0.1267 | 0.0100 | get 0.0013% / 1h | 58m 37s | $43K | $726K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against KuCoin. 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: +0.635% → +0.067%
- $56.81
- Slippage, 4 orders
- −$71.9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$37.09
- Costs to cover
- 0.939%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 4 min ago; ApeX Omni: live order book, 10 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 KuCoin live order book, 4 min ago | 3.95 bp | 25.1 bp −$25 | 76.3 bp −$763 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 10 min ago | 11.77 bp | 20.0 bp −$20 | 112.2 bp −$1,122 | 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 | −0.1535% | 1h | 0.1260 | +0.079% | $35K | $58K | 12x | as long as short |
| GMX OP/USD [OP-USDC] | L −0.1065% / S +0.0229% | 1h | 0.1266 | +0.549% | $13K | — | 100x | as long as short |
| Coinbase International OP-PERP-INTX | −0.0184% | 1h | 0.1279 | +1.589% | $25K | $77K | 50x | as long as short |
| dYdX OP-USD | 0.0000% | 1h | 0.1259 | −0.017% | $39K | $519 | 10x | as long as short |
| Deribit OP_USDC-PERPETUAL | 0.0000% | 1h | 0.1266 | +0.556% | $42K | $163K | 25x | as long as short |
| gTrade (Gains Network) OP/USD | L +0.0004% / S −0.0004% | 1h | 0.1266 | +0.524% | — | — | 150x | as long as short |
| Variational Omni OP | +0.0054% | 8h | 0.1265 | +0.447% | $231K | $46K | — | as long as short |
| Orderly PERP_OP_USDC | +0.0059% | 8h | 0.1267 | +0.635% | $6K | $47K | 10x | as long as short |
| Lighter OP | +0.0096% | 1h | 0.1260 | +0.071% | $283K | $936K | 15x | as long as short |
| Hyperliquid OP | +0.0100% | 1h | 0.1264 | +0.405% | $3.9M | $2.9M | 5x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster OPUSDT | +0.0100% | 8h | 0.1263 | +0.340% | $211K | $236K | 10x | as long as short |
| Binance OPUSDT | +0.0100% | 8h | 0.1265 | +0.500% | $20.4M | $62.1M | 75x | as long as short |
| Bybit OPUSDT | +0.0100% | 8h | 0.1261 | +0.159% | $18.4M | $26.1M | 75x | as long as short |
| OKX OP-USDT-SWAP | +0.0100% | 8h | 0.1262 | +0.199% | $6.1M | $29.9M | 50x | as long as short |
| Gate OP_USDT | +0.0100% | 8h | 0.1262 | +0.246% | $1.9M | $1.5M | 50x | as long as short |
| MEXC OP_USDT | +0.0100% | 8h | 0.1258 | −0.040% | $20.2M | $7.2M | 300x | as long as short |
| KuCoin OPUSDTMlong | +0.0100% | 8h | 0.1259 | long leg | $2.9M | $7.0M | 75x | |
| Bitget OPUSDT | +0.0100% | 8h | 0.1262 | +0.238% | $6.0M | $6.4M | 75x | as long as short |
| BingX OP-USDC | +0.0100% | 8h | 0.1263 | +0.318% | — | $1.6M | — | as long as short |
| Backpack OP_USDC_PERP | +0.0100% | 1h | 0.1265 | +0.492% | $122K | $194K | 10x | as long as short |
| edgeX OPUSDC | +0.0100% | 4h | 0.1267 | +0.664% | $4K | $390K | 10x | as long as short |
| GRVT OP_USDT_Perp | +0.0100% | 8h | 0.1265 | +0.477% | $313K | $5.1M | 10x | as long as short |
| ApeX Omni OPUSDTshort | +0.0100% | 1h | 0.1267 | +0.635% | $43K | $726K | 50x | |
| SoDEX OP-USD | +0.0100% | 1h | 0.1265 | +0.477% | $170 | $6K | 5x | as long as short |
| HTX OP-USDT | +0.0100% | 8h | 0.1266 | +0.556% | $175K | $235K | 50x | as long as short |
| Extended OP-USD | +0.0104% | 1h | 0.1262 | +0.259% | $106K | $389K | 25x | as long as short |
| Aevo OP-PERP | +0.0104% | 1h | 0.1265 | +0.469% | $3K | $1K | 3x | as long as short |
| BloFin OP-USDT | +0.0220% | 8h | 0.1266 | +0.580% | $1.0M | $275K | 75x | as long as short |
| Reya OPRUSDPERP | +0.0439% | 1h | 0.1264 | +0.404% | $703 | — | 20x | as long as short |
| Kraken Futures PF_OPUSD | +0.0461% | 1h | 0.1266 | +0.563% | $800K | $745K | 20x | as long as short |
KuCoin OPUSDTM
ApeX Omni OPUSDT
Injective OP/USDC PERP
GMX OP/USD [OP-USDC]
Coinbase International OP-PERP-INTX
Deribit OP_USDC-PERPETUAL
gTrade (Gains Network) OP/USD
Variational Omni OP
Lighter OP
Hyperliquid OP
Aster OPUSDT
Binance OPUSDT
Bybit 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
BloFin OP-USDT
Kraken Futures PF_OPUSD