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

APEX

all APEX markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0048%/8h= +5.3% APRnext payment +$0.24 per $10,000 · paid last 24h −0.004%
Price spread now: Variational Omni against BloFin−0.057%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Funding pays, the price is against you. Variational Omni is 0.057% cheaper against BloFin than usual: you would sell low and buy high (spread −0.057% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 3.9 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin APEX-USDT0.26030.0052pay 0.0026% / 4h2h 58m$95K$3K25x
ShortVariational Omni APEX0.26020.0100get 0.0050% / 4h2h 58m$19K$5K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$10.11
Price spread: −0.057% → 0.000%
−$5.69
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$7.58
Costs to cover
0.120%
Break-even
12.3 days
Slippage unknown: BloFin: no order-book sample; Variational Omni: 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 BloFin no order-book sample
Sell Variational Omni no order-book sample
BloFin and Variational Omni: 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-USDTlong+0.0052%4h0.2603long leg$95K$3K25x
Bybit APEXUSDT+0.0100%4h0.2592−0.423%$3.6M$1.3M25xas long as short
MEXC APEX_USDT+0.0100%4h0.2595−0.307%$642K$273K50xas long as short
BingX APEX-USDT+0.0100%4h0.2598−0.192%$1.3Mas long as short
Variational Omni APEXshort+0.0100%4h0.2602−0.057%$19K$5K
ApeX Omni APEXUSDT+0.0100%1h0.2600−0.115%$134K$314K50xas long as short
Hyperliquid APEX+0.0145%1h0.2598−0.188%$2.9M$116K3xas long as short
Lighter APEX+0.1048%1h0.2605+0.069%$57K$24K5xas long as short