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

ARB

all ARB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0020%/8h= −2.2% APRnext payment $0.02 per $10,000 · paid last 24h +0.003%
Price spread now: Aevo against ApeX Omni−0.014%50s7-day average +0.044% · you buy dearer than you sell
Net, funding: paid 7d − costs−$174as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1731.731% 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 3 days (all we have)+0.745%+$74 · spread now −0.014%, 7d avg +0.044%
Together, before fees+0.734%+$73 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Aevo is 0.059% cheaper against ApeX Omni than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.044%). Swap the legs. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni ARBUSDT0.22400.0100pay 0.0013% / 1h13m 29s$121K$295K50x
ShortAevo ARB-PERP0.22400.0080get 0.0010% / 1h13m 29s$146K$12K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo 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
−$4.2
Price spread: −0.014% → +0.044%
−$5.85
Slippage, 4 orders
−$147.13
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$183.18
Costs to cover
1.731%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 4 min ago; Aevo: live order book, 5 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, 4 min ago11.18 bp22.0 bp −$22113.3 bp −$1,133doesn't fitdoesn't fit
Sell Aevo live order book, 5 min ago35.73 bp65.3 bp −$65doesn't fitdoesn't fitdoesn't fit

ARB on 36 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
Injective ARB/USDC PERP−0.1770%1h0.2231−0.402%$40K$372K12xas long as short
Deribit ARB_USDC-PERPETUAL−0.0241%1h0.2239−0.036%$26K$32K25xas long as short
01 Exchange ARBUSD−0.0240%1h0.2240−0.013%$7K$2K10xas long as short
SoDEX ARB-USD−0.0204%1h0.2239−0.040%$4K$2.7M5xas long as short
Variational Omni ARB−0.0168%8h0.2236−0.162%$1.9M$2.7Mas long as short
Bybit ARBUSDT−0.0153%8h0.2239−0.040%$57.9M$132.5M50xas long as short
Polymarket Perps ARB-USD−0.0137%1h0.2240−0.013%$73K$2.0M10xas long as short
OKX ARB-USDT-SWAP−0.0100%8h0.2240−0.013%$22.5M$160.1M50xas long as short
MEXC ARB_USDT−0.0099%8h0.2241+0.031%$37.3M$62.7M200xas long as short
Orderly PERP_ARB_USDC−0.0038%8h0.2239−0.045%$10K$395K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ARBUSDT−0.0008%8h0.2240+0.002%$64.1M$316.2M75xas long as short
Extended ARB-USD−0.0008%1h0.2239−0.039%$356K$2.4M25xas long as short
dYdX ARB-USD0.0000%1h0.2243+0.152%$66K$4K10xas long as short
gTrade (Gains Network) ARB/USDL +0.0005% / S −0.0005%1h0.2243+0.121%$56K150xas long as short
Gate ARB_USDT+0.0036%8h0.2240+0.022%$5.5M$20.7M60xas long as short
Bitget ARBUSDT+0.0066%8h0.22400.000%$21.1M$37.1M50xas long as short
BingX ARB-USDT+0.0068%8h0.2240+0.013%$53.1Mas long as short
Aevo ARB-PERPshort+0.0080%1h0.2240−0.014%$146K$12K3x
Kraken Futures PF_ARBUSD+0.0085%1h0.2242+0.095%$1.1M$5.1M50xas long as short
Lighter ARB+0.0096%1h0.2242+0.098%$1.3M$7.4M15xas long as short
Hyperliquid ARB+0.0100%1h0.2242+0.107%$40.1M$50.6M10xas long as short
Aster ARBUSDT+0.0100%8h0.2243+0.116%$697K$1.6M20xas long as short
Pacifica ARB+0.0100%1h0.2243+0.142%$44K$193K10xas long as short
KuCoin ARBUSDTM+0.0100%8h0.2241+0.067%$20.7M$16.4M75xas long as short
edgeX ARBUSDC+0.0100%4h0.2238−0.073%$40K$463K20xas long as short
GRVT ARB_USDT_Perp+0.0100%8h0.2239−0.023%$486K$3.8M10xas long as short
ApeX Omni ARBUSDTlong+0.0100%1h0.2240long leg$121K$295K50x
SunX ARB-USDT+0.0100%8h0.2241+0.045%$2K$1.1M30xas long as short
HTX ARB-USDT+0.0100%8h0.2239−0.045%$276K$1.1M50xas long as short
Phemex ARBUSDT+0.0100%8h0.22400.000%$5.2M$13.4M50xas long as short
BloFin ARB-USDT+0.0111%8h0.2241+0.067%$3.0M$3.3M75xas long as short
Coinbase International ARB-PERP-INTX+0.0264%1h0.2246+0.268%$507K$2.3M50xas long as short
GMX ARB/USD [ARB-USDC]L +0.0274% / S −0.0156%1h0.2240+0.002%$840K150xas long as short
Reya ARBRUSDPERP+0.0290%1h0.2239−0.031%$2K$69520xas long as short
RISEx ARB/USDC+0.0363%1h0.2242+0.086%$496K$2.7M10xas long as short
Backpack ARB_USDC_PERP+0.0618%1h0.2243+0.125%$1.1M$2.7M20xas long as short