Funding you earn now, next payment 03:00 UTC+0.0133%/8h= +14.5% APRnext payment +$0.17 per $10,000 · paid last 24h −0.019%
Price spread now: ApeX Omni against tradeXYZ−0.005%7-day average +0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$390.390% of the position
Funding, last 7 days−0.010%−$1 on $10k
+Price spread, last 4 days (all we have)−0.118%−$12 · spread now −0.005%, 7d avg +0.009%
=Together, before fees−0.128%+ Points / potential airdroptradeXYZ: Active · farm board−$13 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.009%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:COIN | 197.57 | −0.0033 | get 0.0004% / 1h | 59m 10s | $15.5M | $13.5M | 10x |
| Short | ApeX Omni COINUSDT | 197.56 | 0.0100 | get 0.0013% / 1h | 59m 10s | $89K | $287K | 50x |
tradeXYZ xyz:COIN
ApeX Omni COINUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against tradeXYZ. 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
- $27.85
- Price spread: −0.005% → +0.009%
- −$1.43
- Slippage, 4 orders
- −$11.03
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$12.62
- Costs to cover
- 0.390%
- Break-even
- 10.2 days
Slippage from tradeXYZ: live order book, 10 min ago; ApeX Omni: live order book, 63 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 tradeXYZ live order book, 10 min ago | 0.76 bp | 11.6 bp −$12 | 15.3 bp −$153 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 63 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 | −0.0639% | 8h | 197.71 | +0.071% | $6.3M | $10.2M | 20x | as long as short |
| Injective COIN/USDC PERP | −0.0440% | 1h | 197.55 | −0.010% | $44K | $48K | 30x | as long as short |
| Gate COIN_USDT | −0.0192% | 8h | 197.65 | +0.040% | $1.2M | $7.0M | 50x | as long as short |
| Vest COIN-USD-PERP | −0.0084% | 1h | 197.16 | −0.208% | — | $284K | 25x | as long as short |
| Polymarket Perps COIN-USD | −0.0070% | 1h | 197.50 | −0.035% | $127K | $1.2M | 10x | as long as short |
| tradeXYZ xyz:COINlong | −0.0033% | 1h | 197.57 | long leg | $15.5M | $13.5M | 10x | |
| Aster COINUSDT | 0.0000% | 8h | 197.80 | +0.117% | $349K | $885K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 197.55 | −0.010% | $117K | $691K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 197.57 | +0.002% | $15.0M | $78.8M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 197.62 | +0.025% | $4.9M | $5.9M | 50x | as long as short |
Bitget COINUSDT
Injective COIN/USDC PERP
Gate COIN_USDT
Vest COIN-USD-PERP
Polymarket Perps COIN-USD
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 197.62 | +0.025% | $3.1M | $4.6M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 197.61 | +0.023% | $685K | $1.0M | — | as long as short |
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 197.69 | +0.059% | $18K | $2.2M | 10x | as long as short |
| QFEX COIN-USD | +0.0016% | 1h | 197.62 | +0.025% | $1.3M | $3.3M | 10x | as long as short |
| Lighter COIN | +0.0032% | 1h | 197.56 | −0.007% | $357K | $2.0M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 197.54 | −0.015% | $454K | $1.4M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 197.76 | +0.096% | $15K | $55K | 5x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 197.54 | −0.015% | $70 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 197.44 | −0.066% | $351K | $2.9M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 197.55 | −0.010% | $995K | $143K | 20x | as long as short |
| ApeX Omni COINUSDTshort | +0.0100% | 1h | 197.56 | −0.005% | $89K | $287K | 50x | |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 197.53 | −0.020% | $571 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 197.60 | +0.014% | $117 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 197.57 | 0.000% | $189K | $391K | 20x | as long as short |
| Phoenix COIN | +0.0162% | 1h | 197.62 | +0.025% | $5K | $281K | 10x | as long as short |
| edgeX COINUSDC | +0.0208% | 4h | 197.66 | +0.045% | $51K | $296K | 10x | as long as short |
OKX COIN-USDT-SWAP
Variational Omni COIN
GRVT COIN_USDT_Perp
QFEX COIN-USD
Lighter COIN
Lighter RH COIN
Arcus COIN-USD
SoDEX COIN-USD
Ondo Perps COIN-USD.P
KuCoin COINUSDTM
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
BloFin COIN-USDT
Phoenix COIN
edgeX COINUSDC