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

ARB

all ARB markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees−3.002%−$300 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni ARBUSDT0.21770.0100pay 0.0013% / 1h19m 07s$118K$278K50x
ShortInjective ARB/USDC PERP0.2164−0.1612pay 0.0202% / 1h19m 07s$39K$372K12x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 18 min ago9.16 bp17.9 bp −$18108.6 bp −$1,086doesn't fitdoesn't fit
Sell Injective live order book, 20 min ago52.62 bp52.6 bp −$53doesn'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 PERPshort−0.1612%1h0.2164−0.597%$39K$372K12x
01 Exchange ARBUSD−0.0200%1h0.2175−0.073%$7K$23610xas long as short
MEXC ARB_USDT−0.0083%8h0.2178+0.037%$41.7M$62.6M200xas long as short
OKX ARB-USDT-SWAP−0.0081%8h0.2178+0.028%$21.8M$144.3M50xas long as short
Orderly PERP_ARB_USDC−0.0044%8h0.2176−0.046%$13K$404K10xas long as short
Polymarket Perps ARB-USD−0.0009%1h0.2175−0.069%$76K$2.1M10xas long as short
Extended ARB-USD−0.0008%1h0.2177−0.021%$347K$3.1M25xas long as short
Binance ARBUSDT−0.0006%8h0.2178+0.061%$62.4M$301.2M75xas long as short
SoDEX ARB-USD−0.0003%1h0.2177+0.018%$9K$2.2M5xas long as short
dYdX ARB-USD0.0000%1h0.2173−0.172%$64K$5K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit ARB_USDC-PERPETUAL0.0000%1h0.2178+0.055%$28K$38K25xas long as short
gTrade (Gains Network) ARB/USDL +0.0005% / S −0.0007%1h0.2177−0.001%$69K150xas long as short
Variational Omni ARB+0.0011%8h0.2172−0.245%$1.8M$3.0Mas long as short
Bybit ARBUSDT+0.0017%8h0.2178+0.037%$53.2M$126.0M50xas long as short
Gate ARB_USDT+0.0017%8h0.2178+0.041%$5.3M$18.4M60xas long as short
RISEx ARB/USDC+0.0069%1h0.2174−0.125%$500K$2.7M10xas long as short
Aevo ARB-PERP+0.0080%1h0.2178+0.030%$138K$7K3xas long as short
BingX ARB-USDC+0.0084%8h0.2176−0.046%$6.5Mas long as short
Bitget ARBUSDT+0.0085%8h0.2179+0.092%$21.1M$34.5M50xas long as short
Kraken Futures PF_ARBUSD+0.0093%1h0.2179+0.069%$1.1M$4.3M50xas long as short
Lighter ARB+0.0096%1h0.2177+0.009%$1.3M$5.5M15xas long as short
Hyperliquid ARB+0.0100%1h0.2179+0.106%$36.7M$49.5M10xas long as short
Aster ARBUSDT+0.0100%8h0.2178+0.030%$624K$1.7M20xas long as short
Pacifica ARB+0.0100%1h0.2173−0.168%$42K$147K10xas long as short
KuCoin ARBUSDTM+0.0100%8h0.2178+0.064%$19.4M$14.0M75xas long as short
edgeX ARBUSDC+0.0100%4h0.2175−0.102%$38K$464K20xas long as short
GRVT ARB_USDT_Perp+0.0100%8h0.2174−0.150%$467K$3.6M10xas long as short
ApeX Omni ARBUSDTlong+0.0100%1h0.2177long leg$118K$278K50x
SunX ARB-USDT+0.0100%8h0.2178+0.046%$2K$1.1M30xas long as short
HTX ARB-USDT+0.0100%8h0.2178+0.055%$291K$840K50xas long as short
Phemex ARBUSDT+0.0100%8h0.2174−0.138%$4.8M$12.7M50xas long as short
BloFin ARB-USDT+0.0114%8h0.2178+0.041%$3.0M$2.3M75xas long as short
GMX ARB/USD [ARB-USDC]L +0.0276% / S −0.0158%1h0.2178+0.051%$821K150xas long as short
Reya ARBRUSDPERP+0.0288%1h0.2176−0.050%$2K$69520xas long as short
Coinbase International ARB-PERP-INTX+0.0336%1h0.2177+0.014%$511K$1.5M50xas long as short
Backpack ARB_USDC_PERP+0.0480%1h0.2180+0.161%$979K$2.9M20xas long as short