Funding you earn now, next payment 08:00 UTC+0.0236%/8h= +25.8% APRnext payment +$0.29 per $10,000 · paid last 24h +0.077%
Price spread now: Coinbase International against ApeX Omni+0.137%7-day average +0.135% · you sell dearer than you buy
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$770.768% of the position
Funding, last 7 days+0.271%+$27 on $10k
+Price spread, last 4 days (all we have)+2.036%+$204 · spread now +0.137%, 7d avg +0.135%
=The price spread sits at its 7-day average of +0.135%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni ARBUSDT | 0.2189 | 0.0100 | pay 0.0013% / 1h | 29m 00s | $118K | $267K | 50x |
| Short | Coinbase International ARB-PERP-INTX | 0.2192 | 0.0336 | get 0.0042% / 1h | 29m 00s | $525K | $1.5M | 50x |
ApeX Omni ARBUSDT
Coinbase International ARB-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $49.56
- Price spread: +0.137% → +0.135%
- $0.16
- Slippage, 4 orders
- −$56.79
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$27.06
- Costs to cover
- 0.768%
- Break-even
- 10.8 days
Slippage from ApeX Omni: live order book, 3 min ago; Coinbase International: live order book, 5 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, 3 min ago | 6.86 bp | 16.6 bp −$17 | 120.3 bp −$1,203 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 5 min ago | 6.85 bp | 21.6 bp −$22 | 28.5 bp −$285 | doesn't fit | 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 | −0.1605% | 1h | 0.2179 | −0.457% | $39K | $372K | 12x | as long as short |
| SoDEX ARB-USD | −0.0238% | 1h | 0.2190 | +0.027% | $9K | $2.3M | 5x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0168% | 1h | 0.2190 | +0.063% | $1.1M | $4.2M | 50x | as long as short |
| Gate ARB_USDT | −0.0152% | 8h | 0.2191 | +0.087% | $5.4M | $18.1M | 60x | as long as short |
| MEXC ARB_USDT | −0.0096% | 8h | 0.2190 | +0.023% | $43.4M | $63.0M | 200x | as long as short |
| OKX ARB-USDT-SWAP | −0.0096% | 8h | 0.2190 | +0.041% | $22.2M | $145.3M | 50x | as long as short |
| Phemex ARBUSDT | −0.0076% | 8h | 0.2190 | +0.046% | $4.8M | $12.8M | 50x | as long as short |
| Bybit ARBUSDT | −0.0073% | 8h | 0.2190 | +0.037% | $53.4M | $125.7M | 50x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0069% | 1h | 0.2190 | +0.064% | $28K | $38K | 25x | as long as short |
| 01 Exchange ARBUSD | −0.0056% | 1h | 0.2190 | +0.023% | $7K | $209 | 10x | as long as short |
Injective ARB/USDC PERP
SoDEX ARB-USD
Kraken Futures PF_ARBUSD
Gate ARB_USDT
MEXC ARB_USDT
OKX ARB-USDT-SWAP
Phemex ARBUSDT
Bybit ARBUSDT
Deribit ARB_USDC-PERPETUAL
01 Exchange ARBUSDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ARB_USDC | −0.0037% | 8h | 0.2189 | 0.000% | $16K | $414K | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2192 | +0.134% | $65K | $4K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0006% | 1h | 0.2190 | +0.067% | $73K | — | 150x | as long as short |
| Binance ARBUSDT | +0.0014% | 8h | 0.2190 | +0.053% | $63.3M | $298.3M | 75x | as long as short |
| Extended ARB-USD | +0.0016% | 1h | 0.2189 | +0.009% | $361K | $3.0M | 25x | as long as short |
| Variational Omni ARB | +0.0026% | 8h | 0.2189 | +0.022% | $1.8M | $3.0M | — | as long as short |
| BloFin ARB-USDT | +0.0057% | 8h | 0.2190 | +0.059% | $3.0M | $2.3M | 75x | as long as short |
| Bitget ARBUSDT | +0.0065% | 8h | 0.2189 | 0.000% | $21.0M | $34.6M | 50x | as long as short |
| BingX ARB-USDT | +0.0069% | 8h | 0.2189 | +0.018% | — | $32.8M | — | as long as short |
| Aevo ARB-PERP | +0.0088% | 1h | 0.2190 | +0.023% | $139K | $7K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2191 | +0.078% | $1.3M | $5.5M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2193 | +0.183% | $37.0M | $50.2M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2190 | +0.065% | $627K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2192 | +0.146% | $43K | $148K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2191 | +0.091% | $19.4M | $13.7M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2187 | −0.077% | $40K | $468K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2190 | +0.042% | $466K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDTlong | +0.0100% | 1h | 0.2189 | long leg | $118K | $267K | 50x | |
| Polymarket Perps ARB-USD | +0.0100% | 1h | 0.2191 | +0.073% | $73K | $2.1M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2191 | +0.091% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2194 | +0.233% | $294K | $835K | 50x | as long as short |
| RISEx ARB/USDC | +0.0123% | 1h | 0.2190 | +0.057% | $530K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0163% | 1h | 0.2193 | +0.206% | $979K | $2.8M | 20x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0276% / S −0.0158% | 1h | 0.2190 | +0.037% | $826K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0288% | 1h | 0.2188 | −0.036% | $2K | $695 | 20x | as long as short |
| Coinbase International ARB-PERP-INTXshort | +0.0336% | 1h | 0.2192 | +0.137% | $525K | $1.5M | 50x |
Orderly PERP_ARB_USDC
dYdX ARB-USD
gTrade (Gains Network) ARB/USD
Binance ARBUSDT
Extended ARB-USD
Variational Omni ARB
BloFin ARB-USDT
Bitget ARBUSDT
BingX ARB-USDT
Aevo ARB-PERP
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
Polymarket Perps ARB-USD
SunX ARB-USDT
HTX ARB-USDT
RISEx ARB/USDC
Backpack ARB_USDC_PERP
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP