Funding arb · Price arb /

ARB

all ARB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0107%/8h= +11.7% APRpaid last 24h +0.014%

Price spread now: ApeX Omni against Binance−0.278%69s7-day average +0.027% · you buy dearer than you sell

Net, funding: paid 7d − costs−$48as 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−$610.606% of the position

Long on Binance Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.129%+$13 on $10k

Price spread, last 3 days (all we have)+0.304%+$30 · spread now −0.278%, 7d avg +0.027%

Together, before fees+0.433%+$43 on $10k · with fees, hour by hour

Funding pays, the price is against you. ApeX Omni is 0.304% cheaper against Binance than usual: you would sell low and buy high (spread −0.278% now, against its 7-day average of +0.027%). If the spread goes back, that is −$30 on $10k: about 9.5 days of funding at the current rate (+$3 a day). The two prices were read 69 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	Binance ARBUSDT	0.2252	−0.0007	get 0.0007% / 8h	7h 30m	$66.3M	$309.8M	75x
Short	ApeX Omni ARBUSDT	0.2246	0.0100	get 0.0013% / 1h	30m 17s	$121K	$296K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Binance. 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 BinancebpFee ApeX OmnibpOrdersPrice spread, now −0.278%Rate

Funding earned: $22.49
Price spread: −0.278% → +0.027%: −$30.45
Slippage, 4 orders: −$40.63
Fee Binance: 5 bp × 2 orders: −$10
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$68.58
Costs to cover: 0.606%
Break-even: 28.3 days

Slippage from Binance: live order book, 13 min ago; ApeX Omni: live order book, 42 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 Binance live order book, 13 min ago	0.22 bp	7.8 bp −$8	24.1 bp −$241	78.1 bp −$7,810	doesn't fit
Sell ApeX Omni live order book, 42 min ago	11.02 bp	20.2 bp −$20	106.6 bp −$1,066	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	−0.1666%	1h	0.2234	−0.810%	$40K	$372K	12x	as long as short
Variational Omni ARB	−0.0206%	8h	0.2249	−0.131%	$2.0M	$2.8M	—	as long as short
Bybit ARBUSDT	−0.0157%	8h	0.2251	−0.033%	$58.2M	$126.4M	50x	as long as short
01 Exchange ARBUSD	−0.0152%	1h	0.2253	+0.055%	$7K	$2K	10x	as long as short
Kraken Futures PF_ARBUSD	−0.0138%	1h	0.2254	+0.088%	$1.1M	$4.9M	50x	as long as short
MEXC ARB_USDT	−0.0119%	8h	0.2252	−0.007%	$38.5M	$59.1M	200x	as long as short
OKX ARB-USDT-SWAP	−0.0119%	8h	0.2252	−0.011%	$22.6M	$156.7M	50x	as long as short
SoDEX ARB-USD	−0.0103%	1h	0.2252	−0.011%	$4K	$2.5M	5x	as long as short
Orderly PERP_ARB_USDC	−0.0048%	8h	0.2252	−0.011%	$12K	$386K	10x	as long as short
Extended ARB-USD	−0.0008%	1h	0.2251	−0.049%	$361K	$3.6M	25x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ARBUSDTlong	−0.0007%	8h	0.2252	long leg	$66.3M	$309.8M	75x
dYdX ARB-USD	0.0000%	1h	0.2253	+0.015%	$67K	$4K	10x	as long as short
Deribit ARB_USDC-PERPETUAL	0.0000%	1h	0.2253	+0.015%	$25K	$34K	25x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0006%	1h	0.2253	+0.015%	$32K	—	150x	as long as short
BingX ARB-USDC	+0.0067%	8h	0.2250	−0.105%	—	$6.5M	—	as long as short
Bitget ARBUSDT	+0.0072%	8h	0.2252	−0.011%	$21.5M	$35.7M	50x	as long as short
Aevo ARB-PERP	+0.0080%	1h	0.2253	+0.018%	$143K	$7K	3x	as long as short
Lighter ARB	+0.0096%	1h	0.2254	+0.064%	$1.4M	$7.3M	15x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2256	+0.153%	$40.7M	$47.3M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2253	+0.016%	$700K	$1.6M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2252	−0.025%	$44K	$186K	10x	as long as short
Gate ARB_USDT	+0.0100%	8h	0.2253	+0.029%	$5.4M	$19.8M	60x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2253	+0.055%	$19.6M	$15.8M	75x	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2242	−0.461%	$40K	$462K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2241	−0.500%	$479K	$3.5M	10x	as long as short
ApeX Omni ARBUSDTshort	+0.0100%	1h	0.2246	−0.278%	$121K	$296K	50x
Polymarket Perps ARB-USD	+0.0100%	1h	0.2253	+0.042%	$64K	$2.0M	10x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2255	+0.122%	$2K	$1.1M	30x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2250	−0.105%	$293K	$974K	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	0.2251	−0.056%	$5.1M	$13.0M	50x	as long as short
BloFin ARB-USDT	+0.0113%	8h	0.2251	−0.078%	$3.1M	$2.8M	75x	as long as short
Coinbase International ARB-PERP-INTX	+0.0232%	1h	0.2253	+0.033%	$508K	$2.2M	50x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0288% / S −0.0175%	1h	0.2253	+0.035%	$892K	—	150x	as long as short
Reya ARBRUSDPERP	+0.0290%	1h	0.2251	−0.038%	$2K	$695	20x	as long as short
RISEx ARB/USDC	+0.0384%	1h	0.2255	+0.140%	$513K	$2.7M	10x	as long as short
Backpack ARB_USDC_PERP	+0.0491%	1h	0.2253	+0.055%	$1.0M	$2.8M	20x	as long as short