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

ARB

all ARB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0010%/8h= +1.1% APRpaid last 24h +0.001%
Price spread now: HTX against ApeX Omni−0.405%76s7-day average −0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$98as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$990.990% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.013%+$1 on $10k
Price spread, last 4 days (all we have)+2.307%+$231 · spread now −0.405%, 7d avg −0.025%
Together, before fees+2.320%+$232 on $10k · with fees, hour by hour
Funding pays, the price is against you. HTX is 0.380% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.405% now, against its 7-day average of −0.025%). If the spread goes back, that is −$38 on $10k: about 4 months of funding at the current rate ($0 a day). The two prices were read 76 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni ARBUSDT0.22200.0090pay 0.0011% / 1h4m 02s$120K$283K50x
ShortHTX ARB-USDT0.22110.0100get 0.0100% / 8h5h 04m$301K$939K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
$2.1
Price spread: −0.405% → −0.025%
−$38.01
Slippage, 4 orders
−$77.04
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee HTX: 6 bp × 2 orders
−$12
Net
−$134.95
Costs to cover
0.990%
Break-even
456.8 days
Slippage from ApeX Omni: live order book, 58 min ago; HTX: live order book, 15 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, 58 min ago9.00 bp17.0 bp −$17108.2 bp −$1,082doesn't fitdoesn't fit
Sell HTX live order book, 15 min ago14.97 bp28.0 bp −$28doesn'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−0.1577%1h0.2211−0.405%$40K$372K12xas long as short
Deribit ARB_USDC-PERPETUAL−0.0384%1h0.2207−0.590%$24K$34K25xas long as short
OKX ARB-USDT-SWAP−0.0149%8h0.2208−0.559%$22.2M$149.0M50xas long as short
MEXC ARB_USDT−0.0146%8h0.2208−0.554%$39.5M$60.0M200xas long as short
Polymarket Perps ARB-USD−0.0140%1h0.2210−0.437%$87K$2.1M10xas long as short
Variational Omni ARB−0.0133%8h0.2209−0.508%$1.8M$3.0Mas long as short
01 Exchange ARBUSD−0.0128%1h0.2210−0.437%$7K$2K10xas long as short
SoDEX ARB-USD−0.0123%1h0.2206−0.622%$10K$2.3M5xas long as short
Gate ARB_USDT−0.0107%8h0.2207−0.586%$5.4M$19.3M60xas long as short
Kraken Futures PF_ARBUSD−0.0099%1h0.2208−0.554%$1.1M$4.4M50xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_ARB_USDC−0.0078%8h0.2207−0.586%$13K$388K10xas long as short
Bybit ARBUSDT−0.0066%8h0.2207−0.568%$56.1M$126.0M50xas long as short
dYdX ARB-USD0.0000%1h0.2214−0.286%$65K$5K10xas long as short
gTrade (Gains Network) ARB/USDL +0.0005% / S −0.0013%1h0.2208−0.550%$11K150xas long as short
Extended ARB-USD+0.0016%1h0.2206−0.615%$351K$2.5M25xas long as short
Binance ARBUSDT+0.0020%8h0.2208−0.550%$64.4M$306.7M75xas long as short
Phemex ARBUSDT+0.0036%8h0.2206−0.631%$5.0M$12.9M50xas long as short
Bitget ARBUSDT+0.0070%8h0.2207−0.586%$21.1M$34.6M50xas long as short
BingX ARB-USDT+0.0073%8h0.2206−0.640%$53.9Mas long as short
BloFin ARB-USDT+0.0078%8h0.2213−0.338%$3.1M$2.6M75xas long as short
Aevo ARB-PERP+0.0088%1h0.2207−0.605%$140K$7K3xas long as short
ApeX Omni ARBUSDTlong+0.0090%1h0.2220long leg$120K$283K50x
Lighter ARB+0.0096%1h0.2207−0.590%$1.2M$6.4M15xas long as short
Hyperliquid ARB+0.0100%1h0.2208−0.541%$38.2M$49.1M10xas long as short
Aster ARBUSDT+0.0100%8h0.2209−0.508%$647K$1.6M20xas long as short
Pacifica ARB+0.0100%1h0.2212−0.362%$42K$169K10xas long as short
KuCoin ARBUSDTM+0.0100%8h0.2208−0.550%$19.5M$15.3M75xas long as short
edgeX ARBUSDC+0.0100%4h0.2218−0.112%$40K$462K20xas long as short
GRVT ARB_USDT_Perp+0.0100%8h0.2223+0.135%$482K$3.6M10xas long as short
SunX ARB-USDT+0.0100%8h0.2213−0.315%$1K$1.1M30xas long as short
HTX ARB-USDTshort+0.0100%8h0.2211−0.405%$301K$939K50x
Coinbase International ARB-PERP-INTX+0.0224%1h0.2208−0.536%$494K$2.0M50xas long as short
RISEx ARB/USDC+0.0232%1h0.2213−0.337%$489K$2.6M10xas long as short
GMX ARB/USD [ARB-USDC]L +0.0273% / S −0.0155%1h0.2208−0.547%$825K150xas long as short
Reya ARBRUSDPERP+0.0289%1h0.2208−0.533%$2K$69520xas long as short
Backpack ARB_USDC_PERP+0.0534%1h0.2209−0.486%$995K$2.8M20xas long as short