Settings8H · net · $10k
Funding arb · Price arb /

S

all S markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h −0.005%
Price spread now: Extended against ApeX Omni−0.071%7-day average −0.142% · you buy dearer than you sell
Net, funding: paid 7d − costs−$215as in the Funding arb table
Net, price: spread back to 7d avg − costs−$200as in the Price arb table
costs, in and out, $10k−$2072.070% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.077%−$8 on $10k
Price spread, last 3 days (all we have)−0.526%−$53 · spread now −0.071%, 7d avg −0.142%
Together, before fees−0.603%+ Points / potential airdropExtended: Active · farm board−$60 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.071% dearer against ApeX Omni than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.142%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni SUSDT0.039200.0100pay 0.0013% / 1h59m 25s$23K$469K50x
ShortExtended S-USD0.039170.0104get 0.0013% / 1h59m 25s$219K$883K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against ApeX Omni. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0.84
Price spread: −0.071% → −0.142%
$7.11
Slippage, 4 orders
−$192.04
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$199.1
Costs to cover
2.070%
Break-even
1666.1 days
Slippage from ApeX Omni: live order book, 23 min ago; Extended: live order book, 24 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 23 min ago25.51 bp56.5 bp −$56doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 24 min ago3.83 bp42.2 bp −$42276.1 bp −$2,761doesn't fitdoesn't fit

S on 25 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_SUSD−0.1454%1h0.03924+0.113%$33K$30K10xas long as short
Coinbase International S-PERP-INTX−0.1264%1h0.03826−2.398%$47K$5K25xas long as short
Variational Omni S−0.0787%4h0.03914−0.157%$609K$34Kas long as short
GMX S/USD [WBTC.b-USDC]L −0.0192% / S +0.0186%1h0.03926+0.153%$1K100xas long as short
Reya SRUSDPERP−0.0101%1h0.03919−0.017%$415xas long as short
01 Exchange SUSD0.0000%1h0.039200.000%$24K$3K5xas long as short
gTrade (Gains Network) S/USDL +0.0001% / S +0.0006%1h0.03925+0.115%$605150xas long as short
Orderly PERP_S_USDC+0.0016%4h0.03925+0.128%$100K$349K10xas long as short
Injective S/USDC PERP+0.0033%1h0.04100+4.592%$2K$37K12xas long as short
Aster SUSDT+0.0042%4h0.03923+0.075%$43K$212K10xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter S+0.0096%1h0.03925+0.128%$164K$222K5xas long as short
Hyperliquid S+0.0100%1h0.03922+0.051%$984K$878K5xas long as short
Binance SUSDT+0.0100%4h0.03919−0.026%$5.3M$22.6M75xas long as short
Bybit SUSDT+0.0100%4h0.03915−0.128%$5.6M$6.2M50xas long as short
OKX S-USDT-SWAP+0.0100%4h0.03918−0.051%$977K$7.1M20xas long as short
Gate S_USDT+0.0100%4h0.03917−0.077%$320K$265K50xas long as short
MEXC S_USDT+0.0100%4h0.039200.000%$3.5M$2.3M200xas long as short
KuCoin SUSDTM+0.0100%4h0.03919−0.026%$1.8M$3.1M50xas long as short
Bitget SUSDT+0.0100%4h0.03925+0.128%$1.2M$2.9M50xas long as short
BingX S-USDT+0.0100%4h0.03919−0.026%$6.8Mas long as short
ApeX Omni SUSDTlong+0.0100%1h0.03920long leg$23K$469K50x
Extended S-USDshort+0.0104%1h0.03917−0.071%$219K$883K10x
Deribit S_USDC-PERPETUAL+0.0260%1h0.03927+0.179%$66K$10K10xas long as short
BloFin S-USDT+0.0340%4h0.03918−0.051%$269K$133K75xas long as short
Backpack S_USDC_PERP+0.0510%1h0.03930+0.255%$114K$298K5xas long as short