Funding arb · Price arb /

ARB

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%

Price spread now: Pacifica against ApeX Omni+0.122%51s7-day average −0.030% · you sell dearer than you buy

Net, funding: paid 7d − costs−$61as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$620.617% of the position

Long on ApeX Omni Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days+0.010%+$1 on $10k

Price spread, last 4 days (all we have)−0.373%−$37 · spread now +0.122%, 7d avg −0.030%

Together, before fees−0.363%+ Points / potential airdropPacifica: Active · farm board−$36 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Pacifica is 0.152% dearer against ApeX Omni than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of −0.030%. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni ARBUSDT	0.2160	0.0100	pay 0.0013% / 1h	49m 55s	$117K	$308K	50x
Short	Pacifica ARB	0.2163	0.0100	get 0.0013% / 1h	49m 55s	$53K	$152K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now +0.122%Rate

Funding earned: $0
Price spread: +0.122% → −0.030%: $15.2
Slippage, 4 orders: −$43.74
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$46.54
Costs to cover: 0.617%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 56 min ago; Pacifica: live order book, 56 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, 56 min ago	9.18 bp	20.1 bp −$20	104.3 bp −$1,043	doesn't fit	doesn't fit
Sell Pacifica live order book, 56 min ago	4.82 bp	13.7 bp −$14	doesn't fit	doesn't fit	doesn't fit

ARB on 36 exchanges

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	−0.1644%	1h	0.2148	−0.556%	$39K	$372K	12x	as long as short
Kraken Futures PF_ARBUSD	−0.0491%	1h	0.2163	+0.126%	$1.0M	$3.9M	50x	as long as short
Polymarket Perps ARB-USD	−0.0373%	1h	0.2165	+0.222%	$74K	$1.7M	10x	as long as short
SoDEX ARB-USD	−0.0305%	1h	0.2164	+0.185%	$9K	$2.0M	5x	as long as short
Bybit ARBUSDT	−0.0190%	8h	0.2160	+0.023%	$53.5M	$115.9M	50x	as long as short
OKX ARB-USDT-SWAP	−0.0171%	8h	0.2159	−0.028%	$22.3M	$131.8M	50x	as long as short
MEXC ARB_USDT	−0.0170%	8h	0.2160	−0.009%	$42.8M	$59.0M	200x	as long as short
01 Exchange ARBUSD	−0.0152%	1h	0.2164	+0.190%	$7K	$414	10x	as long as short
Gate ARB_USDT	−0.0087%	8h	0.2161	+0.051%	$5.5M	$15.3M	60x	as long as short
Variational Omni ARB	−0.0074%	8h	0.2159	−0.038%	$1.8M	$2.6M	—	as long as short

Show all 36 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ARBUSDT	−0.0049%	8h	0.2162	+0.112%	$63.3M	$270.2M	75x	as long as short
Extended ARB-USD	−0.0048%	1h	0.2158	−0.085%	$355K	$3.1M	25x	as long as short
Orderly PERP_ARB_USDC	−0.0006%	8h	0.2163	+0.139%	$16K	$385K	10x	as long as short
dYdX ARB-USD	0.0000%	1h	0.2162	+0.075%	$63K	$3K	10x	as long as short
Deribit ARB_USDC-PERPETUAL	0.0000%	1h	0.2164	+0.194%	$29K	$32K	25x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0006%	1h	0.2167	+0.331%	$71K	—	150x	as long as short
BloFin ARB-USDT	+0.0072%	8h	0.2158	−0.111%	$3.0M	$2.0M	75x	as long as short
Aevo ARB-PERP	+0.0072%	1h	0.2164	+0.170%	$137K	$7K	3x	as long as short
Lighter ARB	+0.0096%	1h	0.2163	+0.120%	$1.3M	$5.0M	15x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2163	+0.125%	$34.8M	$47.9M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2162	+0.107%	$617K	$1.5M	20x	as long as short
Pacifica ARBshort	+0.0100%	1h	0.2163	+0.122%	$53K	$152K	10x
KuCoin ARBUSDTM	+0.0100%	8h	0.2164	+0.171%	$18.8M	$12.4M	75x	as long as short
Bitget ARBUSDT	+0.0100%	8h	0.2160	0.000%	$20.8M	$31.1M	50x	as long as short
BingX ARB-USDC	+0.0100%	8h	0.2161	+0.065%	—	$6.5M	—	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2159	−0.060%	$38K	$464K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2157	−0.140%	$465K	$3.2M	10x	as long as short
ApeX Omni ARBUSDTlong	+0.0100%	1h	0.2160	long leg	$117K	$308K	50x
SunX ARB-USDT	+0.0100%	8h	0.2169	+0.417%	$2K	$1.0M	30x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2161	+0.046%	$280K	$747K	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	0.2161	+0.046%	$4.6M	$12.4M	50x	as long as short
Backpack ARB_USDC_PERP	+0.0154%	1h	0.2164	+0.199%	$968K	$2.5M	20x	as long as short
RISEx ARB/USDC	+0.0276%	1h	0.2165	+0.242%	$549K	$2.3M	10x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0279% / S −0.0162%	1h	0.2167	+0.313%	$828K	—	150x	as long as short
Reya ARBRUSDPERP	+0.0288%	1h	0.2164	+0.199%	$2K	$695	20x	as long as short
Coinbase International ARB-PERP-INTX	+0.0384%	1h	0.2165	+0.231%	$516K	$1.3M	50x	as long as short