Funding you earn now, next payment 08:00 UTC−0.1712%/8h= −187.5% APRnext payment −$2.14 per $10,000 · paid last 24h −0.503%
Price spread now: Injective against ApeX Omni−0.597%7-day average −0.451% · you buy dearer than you sell
Net, funding: paid 7d − costs−$506as in the Funding arb table
Net, price: spread back to 7d avg − costs−$164as in the Price arb table
costs, in and out, $10k−$1491.493% of the position
Funding, last 7 days−3.569%−$357 on $10k
+Price spread, last 4 days (all we have)+0.567%+$57 · spread now −0.597%, 7d avg −0.451%
=Both sides work against this trade now: funding costs −$51 a day on $10k at the current rate, and Injective is 0.146% cheaper against ApeX Omni than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of −0.451%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni ARBUSDT | 0.2177 | 0.0100 | pay 0.0013% / 1h | 19m 07s | $118K | $278K | 50x |
| Short | Injective ARB/USDC PERP | 0.2164 | −0.1612 | pay 0.0202% / 1h | 19m 07s | $39K | $372K | 12x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$359.62
- Price spread: −0.597% → −0.451%
- −$14.59
- Slippage, 4 orders
- −$139.27
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$523.5
- Costs to cover
- 1.493%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 18 min ago; Injective: live order book, 20 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, 18 min ago | 9.16 bp | 17.9 bp −$18 | 108.6 bp −$1,086 | doesn't fit | doesn't fit |
| Sell Injective live order book, 20 min ago | 52.62 bp | 52.6 bp −$53 | doesn't fit | 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 PERPshort | −0.1612% | 1h | 0.2164 | −0.597% | $39K | $372K | 12x | |
| 01 Exchange ARBUSD | −0.0200% | 1h | 0.2175 | −0.073% | $7K | $236 | 10x | as long as short |
| MEXC ARB_USDT | −0.0083% | 8h | 0.2178 | +0.037% | $41.7M | $62.6M | 200x | as long as short |
| OKX ARB-USDT-SWAP | −0.0081% | 8h | 0.2178 | +0.028% | $21.8M | $144.3M | 50x | as long as short |
| Orderly PERP_ARB_USDC | −0.0044% | 8h | 0.2176 | −0.046% | $13K | $404K | 10x | as long as short |
| Polymarket Perps ARB-USD | −0.0009% | 1h | 0.2175 | −0.069% | $76K | $2.1M | 10x | as long as short |
| Extended ARB-USD | −0.0008% | 1h | 0.2177 | −0.021% | $347K | $3.1M | 25x | as long as short |
| Binance ARBUSDT | −0.0006% | 8h | 0.2178 | +0.061% | $62.4M | $301.2M | 75x | as long as short |
| SoDEX ARB-USD | −0.0003% | 1h | 0.2177 | +0.018% | $9K | $2.2M | 5x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2173 | −0.172% | $64K | $5K | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2178 | +0.055% | $28K | $38K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0007% | 1h | 0.2177 | −0.001% | $69K | — | 150x | as long as short |
| Variational Omni ARB | +0.0011% | 8h | 0.2172 | −0.245% | $1.8M | $3.0M | — | as long as short |
| Bybit ARBUSDT | +0.0017% | 8h | 0.2178 | +0.037% | $53.2M | $126.0M | 50x | as long as short |
| Gate ARB_USDT | +0.0017% | 8h | 0.2178 | +0.041% | $5.3M | $18.4M | 60x | as long as short |
| RISEx ARB/USDC | +0.0069% | 1h | 0.2174 | −0.125% | $500K | $2.7M | 10x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2178 | +0.030% | $138K | $7K | 3x | as long as short |
| BingX ARB-USDC | +0.0084% | 8h | 0.2176 | −0.046% | — | $6.5M | — | as long as short |
| Bitget ARBUSDT | +0.0085% | 8h | 0.2179 | +0.092% | $21.1M | $34.5M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0093% | 1h | 0.2179 | +0.069% | $1.1M | $4.3M | 50x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2177 | +0.009% | $1.3M | $5.5M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2179 | +0.106% | $36.7M | $49.5M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2178 | +0.030% | $624K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2173 | −0.168% | $42K | $147K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2178 | +0.064% | $19.4M | $14.0M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2175 | −0.102% | $38K | $464K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2174 | −0.150% | $467K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDTlong | +0.0100% | 1h | 0.2177 | long leg | $118K | $278K | 50x | |
| SunX ARB-USDT | +0.0100% | 8h | 0.2178 | +0.046% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2178 | +0.055% | $291K | $840K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2174 | −0.138% | $4.8M | $12.7M | 50x | as long as short |
| BloFin ARB-USDT | +0.0114% | 8h | 0.2178 | +0.041% | $3.0M | $2.3M | 75x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0276% / S −0.0158% | 1h | 0.2178 | +0.051% | $821K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0288% | 1h | 0.2176 | −0.050% | $2K | $695 | 20x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0336% | 1h | 0.2177 | +0.014% | $511K | $1.5M | 50x | as long as short |
| Backpack ARB_USDC_PERP | +0.0480% | 1h | 0.2180 | +0.161% | $979K | $2.9M | 20x | as long as short |
ApeX Omni ARBUSDT
Injective ARB/USDC PERP
01 Exchange ARBUSD
MEXC ARB_USDT
OKX ARB-USDT-SWAP
Polymarket Perps ARB-USD
Extended ARB-USD
Binance ARBUSDT
SoDEX ARB-USD
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Variational Omni ARB
Bybit ARBUSDT
Gate ARB_USDT
RISEx ARB/USDC
BingX ARB-USDC
Bitget ARBUSDT
Kraken Futures PF_ARBUSD
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
BloFin ARB-USDT
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX
Backpack ARB_USDC_PERP