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

APEX

all APEX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0005%/8h= −0.5% APRpaid last 24h −0.005%
Price spread now: BloFin against ApeX Omni−0.078%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.025%−$3 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.078% cheaper against ApeX Omni than usual: you would sell low and buy high, −$8 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni APEXUSDT0.25560.0100pay 0.0013% / 1h6m 02s$136K$470K50x
ShortBloFin APEX-USDT0.25540.0095get 0.0048% / 4h1h 06m$93K$2K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
−$1.04
Price spread: −0.078% → 0.000%
−$7.82
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$30.87
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: ApeX Omni: live order book, 12 min ago; BloFin: no order-book sample. Net counts fees only.

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, 12 min ago81.58 bp171.9 bp −$172doesn't fitdoesn't fitdoesn't fit
Sell BloFin no order-book sample
BloFin: 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.

APEX on 8 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
BloFin APEX-USDTshort+0.0095%4h0.2554−0.078%$93K$2K25x
Bybit APEXUSDT+0.0100%4h0.25560.000%$3.6M$1.3M25xas long as short
MEXC APEX_USDT+0.0100%4h0.25560.000%$602K$253K50xas long as short
BingX APEX-USDT+0.0100%4h0.2555−0.039%$1.3Mas long as short
Variational Omni APEX+0.0100%4h0.2558+0.065%$19K$6Kas long as short
ApeX Omni APEXUSDTlong+0.0100%1h0.2556long leg$136K$470K50x
Lighter APEX+0.1496%1h0.2569+0.497%$54K$21K5xas long as short
Hyperliquid APEX+0.1841%1h0.2563+0.271%$2.9M$119K3xas long as short