Funding arb · Price arb /

ARB

all ARB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0084%/8h= −9.2% APRpaid last 24h −0.007%

Price spread now: Binance against ApeX Omni−0.557%7-day average −0.022% · you buy dearer than you sell

Net, funding: paid 7d − costs−$66as in the Funding arb table

Net, price: spread back to 7d avg − costs−$108as in the Price arb table

costs, in and out, $10k−$540.542% of the position

Long on ApeX Omni Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.121%−$12 on $10k

Price spread, last 3 days (all we have)+0.318%+$32 · spread now −0.557%, 7d avg −0.022%

Together, before fees+0.196%+$20 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Binance is 0.535% cheaper against ApeX Omni than usual: you would sell low and buy high (−$53 if the spread goes back to its 7-day average of −0.022%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni ARBUSDT	0.2281	0.0100	pay 0.0013% / 1h	24m 56s	$123K	$295K	50x
Short	Binance ARBUSDT	0.2268	0.0016	get 0.0016% / 8h	24m 56s	$66.6M	$313.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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

Position, each leg$Hold fordaysFee ApeX OmnibpFee BinancebpOrdersPrice spread, now −0.557%Rate

Funding earned: −$17.65
Price spread: −0.557% → −0.022%: −$53.46
Slippage, 4 orders: −$34.21
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$125.32
Costs to cover: 0.542%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 52 min ago; Binance: live order book, 4 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 ApeX Omni live order book, 52 min ago	11.18 bp	22.0 bp −$22	113.3 bp −$1,133	doesn't fit	doesn't fit
Sell Binance live order book, 4 min ago	0.22 bp	6.3 bp −$6	18.1 bp −$181	70.3 bp −$7,028	doesn't fit

ARB on 36 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
Injective ARB/USDC PERP	−0.1785%	1h	0.2261	−0.877%	$41K	$372K	12x	as long as short
Polymarket Perps ARB-USD	−0.0272%	1h	0.2265	−0.701%	$74K	$2.0M	10x	as long as short
Variational Omni ARB	−0.0183%	8h	0.2274	−0.316%	$2.0M	$2.8M	—	as long as short
01 Exchange ARBUSD	−0.0176%	1h	0.2266	−0.671%	$7K	$2K	10x	as long as short
Bybit ARBUSDT	−0.0163%	8h	0.2267	−0.605%	$58.5M	$128.2M	50x	as long as short
Deribit ARB_USDC-PERPETUAL	−0.0147%	1h	0.2267	−0.627%	$26K	$32K	25x	as long as short
OKX ARB-USDT-SWAP	−0.0108%	8h	0.2268	−0.587%	$22.9M	$159.8M	50x	as long as short
MEXC ARB_USDT	−0.0108%	8h	0.2267	−0.596%	$38.0M	$59.7M	200x	as long as short
SoDEX ARB-USD	−0.0055%	1h	0.2267	−0.618%	$4K	$2.6M	5x	as long as short
Orderly PERP_ARB_USDC	−0.0038%	8h	0.2266	−0.658%	$13K	$395K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX ARB-USD	0.0000%	1h	0.2271	−0.421%	$67K	$4K	10x	as long as short
Gate ARB_USDT	+0.0001%	8h	0.2268	−0.592%	$5.5M	$20.2M	60x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0005%	1h	0.2267	−0.631%	$55K	—	150x	as long as short
Binance ARBUSDTshort	+0.0016%	8h	0.2268	−0.557%	$66.6M	$313.1M	75x
Extended ARB-USD	+0.0016%	1h	0.2266	−0.670%	$361K	$2.3M	25x	as long as short
Bitget ARBUSDT	+0.0063%	8h	0.2267	−0.614%	$21.3M	$35.9M	50x	as long as short
BloFin ARB-USDT	+0.0064%	8h	0.2268	−0.561%	$3.2M	$2.8M	75x	as long as short
BingX ARB-USDC	+0.0066%	8h	0.2265	−0.693%	—	$6.5M	—	as long as short
Aevo ARB-PERP	+0.0088%	1h	0.2268	−0.564%	$148K	$12K	3x	as long as short
Lighter ARB	+0.0096%	1h	0.2269	−0.509%	$1.4M	$7.5M	15x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2271	−0.452%	$41.3M	$47.1M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2267	−0.614%	$706K	$1.6M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2272	−0.399%	$48K	$184K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2267	−0.618%	$19.7M	$16.1M	75x	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2279	−0.100%	$40K	$460K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2274	−0.307%	$486K	$3.6M	10x	as long as short
ApeX Omni ARBUSDTlong	+0.0100%	1h	0.2281	long leg	$123K	$295K	50x
SunX ARB-USDT	+0.0100%	8h	0.2269	−0.526%	$2K	$1.1M	30x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2265	−0.723%	$289K	$1.1M	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	0.2266	−0.658%	$5.2M	$13.1M	50x	as long as short
Coinbase International ARB-PERP-INTX	+0.0216%	1h	0.2268	−0.570%	$510K	$2.3M	50x	as long as short
Kraken Futures PF_ARBUSD	+0.0236%	1h	0.2269	−0.544%	$1.2M	$4.9M	50x	as long as short
Reya ARBRUSDPERP	+0.0290%	1h	0.2265	−0.710%	$2K	$695	20x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0296% / S −0.0186%	1h	0.2267	−0.613%	$927K	—	150x	as long as short
RISEx ARB/USDC	+0.0330%	1h	0.2267	−0.595%	$515K	$2.7M	10x	as long as short
Backpack ARB_USDC_PERP	+0.0467%	1h	0.2271	−0.460%	$1.0M	$2.8M	20x	as long as short