Funding you earn now, next payment 03:00 UTC−0.0020%/8h= −2.2% APRpaid last 24h −0.023%
Price spread now: ApeX Omni against BloFin−0.121%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$340.339% of the position
Funding, last 7 days−0.101%−$10 on $10k
+Price spread, last 4 days (all we have)+0.219%+$22 · spread now −0.121%, 7d avg −0.014%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and ApeX Omni is 0.107% cheaper against BloFin than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.014%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin COIN-USDT | 197.82 | 0.0120 | pay 0.0120% / 8h | 5h 25m | $189K | $391K | 20x |
| Short | ApeX Omni COINUSDT | 197.58 | 0.0100 | get 0.0013% / 1h | 25m 18s | $89K | $287K | 50x |
BloFin COIN-USDT
ApeX Omni COINUSDTFunding 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
- −$4.2
- Price spread: −0.121% → −0.014%
- −$10.72
- Slippage, 4 orders
- −$11.95
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$48.86
- Costs to cover
- 0.339%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 15 min ago; ApeX Omni: live order book, 37 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, 15 min ago | 0.25 bp | 9.3 bp −$9 | 14.3 bp −$143 | 40.9 bp −$4,090 | doesn't fit |
| Sell ApeX Omni live order book, 37 min ago | 2.78 bp | 7.8 bp −$8 | 12.5 bp −$125 | doesn't fit | doesn't fit |
COIN on 26 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget COINUSDT | −0.0748% | 8h | 197.76 | −0.030% | $6.3M | $10.2M | 20x | as long as short |
| Injective COIN/USDC PERP | −0.0440% | 1h | 197.21 | −0.308% | $43K | $48K | 30x | as long as short |
| Gate COIN_USDT | −0.0202% | 8h | 197.77 | −0.025% | $1.2M | $7.1M | 50x | as long as short |
| Vest COIN-USD-PERP | −0.0089% | 1h | 197.19 | −0.318% | — | $284K | 25x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 197.85 | +0.015% | $349K | $877K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 197.67 | −0.078% | $117K | $696K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 197.72 | −0.052% | $15.0M | $78.4M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 197.75 | −0.035% | $4.9M | $5.9M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 197.78 | −0.020% | $3.1M | $4.6M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 197.67 | −0.074% | $685K | $1.0M | — | as long as short |
Bitget COINUSDT
Injective COIN/USDC PERP
Gate COIN_USDT
Vest COIN-USD-PERP
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Variational Omni COINShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 197.69 | −0.066% | $12K | $2.1M | 10x | as long as short |
| QFEX COIN-USD | +0.0016% | 1h | 197.70 | −0.061% | $1.3M | $3.4M | 10x | as long as short |
| Lighter COIN | +0.0032% | 1h | 197.60 | −0.109% | $367K | $2.0M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 197.61 | −0.106% | $452K | $1.5M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 197.84 | +0.010% | $15K | $55K | 5x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 197.73 | −0.045% | $15.6M | $13.5M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 197.69 | −0.066% | $128K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 197.70 | −0.061% | $75 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 197.46 | −0.182% | $351K | $3.0M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 197.66 | −0.081% | $995K | $143K | 20x | as long as short |
| ApeX Omni COINUSDTshort | +0.0100% | 1h | 197.58 | −0.121% | $89K | $287K | 50x | |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 197.70 | −0.061% | $572 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 197.66 | −0.079% | $117 | — | 10x | as long as short |
| BloFin COIN-USDTlong | +0.0120% | 8h | 197.82 | long leg | $189K | $391K | 20x | |
| Phoenix COIN | +0.0162% | 1h | 197.81 | −0.005% | $5K | $281K | 10x | as long as short |
| edgeX COINUSDC | +0.0208% | 4h | 197.71 | −0.055% | $51K | $293K | 10x | as long as short |
GRVT COIN_USDT_Perp
QFEX COIN-USD
Lighter COIN
Lighter RH COIN
Arcus COIN-USD
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
SoDEX COIN-USD
Ondo Perps COIN-USD.P
KuCoin COINUSDTM
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
Phoenix COIN
edgeX COINUSDC