S

Alert

Funding spread now, next payment 17:00 UTC+0.2180%/8h

next payment, per $10,000+$2.73paid, last 24h+0.690%paid, last 5 days+1.429%to open and closeno order book

Long on Coinbase International Short on ApeX Omni

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International S-PERP-INTX	0.03844	−0.2080	get 0.0260% / 1h	59m 00s	$47K	$10K	25x
Short	ApeX Omni SUSDT	0.03890	0.0100	get 0.0013% / 1h	59m 00s	$25K	$500K	50x

Funding history

latest

Range statsloading…

Funding on every exchange

click an exchange to add or hide it

latest

Profit calculator

Position, each leg$Hold fordaysFee Coinbase InternationalbpFee ApeX OmnibpOrdersRate

Funding earned: $457.8
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: $437.8
Break-even: 0.3 days

Slippage unknown: Coinbase International: no order-book sample; ApeX Omni: live order book, 45 min ago. Net counts fees only.

Price risk

price view

Price gap now: +1.197%
Avg gap 7d: —

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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 Coinbase International no order-book sample	—	—	—	—	—
Sell ApeX Omni live order book, 45 min ago	38.31 bp	62.0 bp −$62	doesn't fit	doesn't fit	doesn't fit

Coinbase International: 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.

S on 25 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Coinbase International S-PERP-INTXlong	−0.2080%	1h	$47K	$10K	25x
Kraken Futures PF_SUSD	−0.1655%	1h	$33K	$47K	10x	as long as short
Variational Omni S	−0.0839%	4h	$606K	$121K	—	as long as short
GMX S/USD [WBTC.b-USDC]	L −0.0327% / S +0.0305%	1h	$1K	—	100x	as long as short
Orderly PERP_S_USDC	−0.0110%	4h	$102K	$328K	10x	as long as short
Reya SRUSDPERP	−0.0101%	1h	$4	—	15x	as long as short
Aster SUSDT	−0.0089%	4h	$42K	$263K	10x	as long as short
01 Exchange SUSD	0.0000%	1h	$23K	$3K	5x	as long as short
gTrade (Gains Network) S/USD	L +0.0001% / S +0.0006%	1h	$599	—	150x	as long as short
Deribit S_USDC-PERPETUAL	+0.0007%	1h	$65K	$11K	10x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Injective S/USDC PERP	+0.0033%	1h	$2K	$120K	12x	as long as short
Lighter S	+0.0096%	1h	$163K	$309K	5x	as long as short
Hyperliquid S	+0.0100%	1h	$1.0M	$1.5M	5x	as long as short
Binance SUSDT	+0.0100%	4h	$5.3M	$39.8M	75x	as long as short
Bybit SUSDT	+0.0100%	4h	$5.6M	$9.3M	50x	as long as short
OKX S-USDT-SWAP	+0.0100%	4h	$980K	$12.1M	20x	as long as short
Gate S_USDT	+0.0100%	4h	$323K	$357K	50x	as long as short
MEXC S_USDT	+0.0100%	4h	$3.6M	$3.4M	200x	as long as short
KuCoin SUSDTM	+0.0100%	4h	$1.8M	$3.8M	50x	as long as short
Bitget SUSDT	+0.0100%	4h	$1.1M	$4.6M	50x	as long as short
BingX S-USDT	+0.0100%	4h	—	$7.0M	—	as long as short
ApeX Omni SUSDTshort	+0.0100%	1h	$25K	$500K	50x
Extended S-USD	+0.0104%	1h	$219K	$947K	10x	as long as short
Backpack S_USDC_PERP	+0.0304%	1h	$113K	$228K	5x	as long as short
BloFin S-USDT	+0.0340%	4h	$279K	$262K	75x	as long as short