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

AR

all AR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h −0.008%
Price spread now: Extended against ApeX Omni+0.274%72s7-day average −0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$890.888% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.011%−$1 on $10k
Price spread, last 4 days (all we have)−0.267%−$27 · spread now +0.274%, 7d avg −0.019%
Together, before fees−0.277%+ Points / potential airdropExtended: Active · farm board−$28 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.293% dearer against ApeX Omni than usual: you sell high and buy low, +$29 on $10k if it goes back to its 7-day average of −0.019%. The two prices were read 72 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni ARUSDT4.31600.0100pay 0.0013% / 1h18m 14s$21K$705K50x
ShortExtended AR-USD4.32780.0104get 0.0013% / 1h18m 14s$37K$243K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.84
Price spread: +0.274% → −0.019%
$29.27
Slippage, 4 orders
−$73.85
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$58.74
Costs to cover
0.888%
Break-even
496.5 days
Slippage from ApeX Omni: live order book, 33 min ago; Extended: live order book, 31 min ago.

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, 33 min ago5.80 bp12.9 bp −$13127.9 bp −$1,279doesn't fitdoesn't fit
Sell Extended live order book, 31 min ago5.45 bp30.9 bp −$31204.6 bp −$2,046doesn't fitdoesn't fit

AR on 17 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ARUSD−0.1710%1h4.3384+0.519%$47K$156K20xas long as short
GMX AR/USD [WBTC.b-USDC]L −0.0140% / S +0.0550%1h4.3286+0.293%$556K50xas long as short
Injective AR/USDC PERP+0.0033%1h4.4240+2.502%$2K$5K5.5xas long as short
Hyperliquid AR+0.0100%1h4.3308+0.343%$3.8M$4.0M5xas long as short
Aster ARUSDT+0.0100%8h4.3295+0.312%$31K$194K10xas long as short
Binance ARUSDT+0.0100%8h4.3284+0.288%$8.5M$42.0M75xas long as short
Bybit ARUSDT+0.0100%8h4.3277+0.271%$4.4M$7.8M75xas long as short
OKX AR-USDT-SWAP+0.0100%8h4.3270+0.255%$2.3M$13.0M20xas long as short
Gate AR_USDT+0.0100%8h4.3290+0.301%$2.3M$3.6M50xas long as short
MEXC AR_USDT+0.0100%8h4.3260+0.232%$6.2M$3.5M100xas long as short
Show all 17 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ARUSDTM+0.0100%8h4.3230+0.162%$1.1M$1.1M50xas long as short
Bitget ARUSDT+0.0100%8h4.3250+0.209%$3.7M$4.6M75xas long as short
BingX AR-USDT+0.0100%8h4.3250+0.209%$2.7Mas long as short
Variational Omni AR+0.0100%8h4.3136−0.055%$245K$512Kas long as short
ApeX Omni ARUSDTlong+0.0100%1h4.3160long leg$21K$705K50x
Extended AR-USDshort+0.0104%1h4.3278+0.274%$37K$243K10x
BloFin AR-USDT+0.0220%8h4.3270+0.255%$414K$378K20xas long as short