Funding you earn now, next payment 03:00 UTC−0.1172%/8h= −128.3% APRpaid last 24h −0.001%
Price spread now: ApeX Omni against edgeX−0.008%7-day average +0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$780.785% of the position
Funding, last 7 days−0.013%−$1 on $10k
+Price spread, last 4 days (all we have)+0.021%+$2 · spread now −0.008%, 7d avg +0.015%
=Together, before fees+0.008%+ Points / potential airdropedgeX: Active · farm board+$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$35 a day on $10k at the current rate, and ApeX Omni is 0.023% cheaper against edgeX than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.015%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.013% in total (about -0.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX ARBUSDC | 0.2217 | 0.0100 | pay 0.0050% / 4h | 1h 52m | $40K | $461K | 20x |
| Short | ApeX Omni ARBUSDT | 0.2217 | −0.1072 | pay 0.0134% / 1h | 52m 45s | $120K | $284K | 50x |
edgeX ARBUSDC
ApeX Omni ARBUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against edgeX. 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
- −$246.04
- Price spread: −0.008% → +0.015%
- −$2.29
- Slippage, 4 orders
- −$59.48
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$326.8
- Costs to cover
- 0.785%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 11 min ago; ApeX Omni: live order book, 10 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 edgeX live order book, 11 min ago | 13.48 bp | 20.1 bp −$20 | 71.6 bp −$716 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 10 min ago | 9.00 bp | 19.1 bp −$19 | 108.0 bp −$1,080 | doesn't fit | doesn't fit |
ARB on 35 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 | −0.1577% | 1h | 0.2202 | −0.684% | $40K | $372K | 12x | as long as short |
| ApeX Omni ARBUSDTshort | −0.1072% | 1h | 0.2217 | −0.008% | $120K | $284K | 50x | |
| Polymarket Perps ARB-USD | −0.0197% | 1h | 0.2216 | −0.048% | $95K | $2.1M | 10x | as long as short |
| Variational Omni ARB | −0.0152% | 8h | 0.2229 | +0.515% | $1.9M | $2.9M | — | as long as short |
| OKX ARB-USDT-SWAP | −0.0138% | 8h | 0.2219 | +0.092% | $22.3M | $153.2M | 50x | as long as short |
| MEXC ARB_USDT | −0.0137% | 8h | 0.2218 | +0.024% | $38.5M | $59.0M | 200x | as long as short |
| 01 Exchange ARBUSD | −0.0120% | 1h | 0.2217 | −0.012% | $7K | $2K | 10x | as long as short |
| SoDEX ARB-USD | −0.0106% | 1h | 0.2219 | +0.069% | $10K | $2.4M | 5x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0098% | 1h | 0.2220 | +0.114% | $1.1M | $4.6M | 50x | as long as short |
| Orderly PERP_ARB_USDC | −0.0071% | 8h | 0.2218 | +0.037% | $12K | $383K | 10x | as long as short |
Injective ARB/USDC PERP
Polymarket Perps ARB-USD
Variational Omni ARB
OKX ARB-USDT-SWAP
MEXC ARB_USDT
01 Exchange ARBUSD
SoDEX ARB-USD
Kraken Futures PF_ARBUSD
Orderly PERP_ARB_USDCShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ARB_USDT | −0.0071% | 8h | 0.2219 | +0.069% | $5.4M | $19.0M | 60x | as long as short |
| Bybit ARBUSDT | −0.0065% | 8h | 0.2218 | +0.042% | $56.6M | $127.1M | 50x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0020% | 1h | 0.2220 | +0.105% | $24K | $34K | 25x | as long as short |
| Binance ARBUSDT | 0.0000% | 8h | 0.2219 | +0.092% | $64.7M | $310.6M | 75x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2217 | −0.017% | $66K | $5K | 10x | as long as short |
| Extended ARB-USD | 0.0000% | 1h | 0.2217 | −0.014% | $352K | $2.5M | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0012% | 1h | 0.2220 | +0.112% | $10K | — | 150x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2220 | +0.128% | $141K | $7K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2219 | +0.087% | $1.2M | $6.4M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2220 | +0.146% | $38.6M | $49.9M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2220 | +0.107% | $659K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2216 | −0.062% | $42K | $179K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2218 | +0.060% | $19.6M | $15.6M | 75x | as long as short |
| Bitget ARBUSDT | +0.0100% | 8h | 0.2219 | +0.082% | $21.2M | $35.4M | 50x | as long as short |
| BingX ARB-USDC | +0.0100% | 8h | 0.2216 | −0.044% | — | $6.5M | — | as long as short |
| edgeX ARBUSDClong | +0.0100% | 4h | 0.2217 | long leg | $40K | $461K | 20x | |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2218 | +0.037% | $473K | $3.6M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2217 | −0.008% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2217 | −0.030% | $297K | $963K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2218 | +0.037% | $4.9M | $13.0M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0224% | 1h | 0.2221 | +0.173% | $507K | $2.1M | 50x | as long as short |
| RISEx ARB/USDC | +0.0232% | 1h | 0.2219 | +0.062% | $487K | $2.7M | 10x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0273% / S −0.0155% | 1h | 0.2220 | +0.115% | $827K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2215 | −0.097% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0427% | 1h | 0.2223 | +0.245% | $1.0M | $2.8M | 20x | as long as short |
Gate ARB_USDT
Bybit ARBUSDT
Deribit ARB_USDC-PERPETUAL
Binance ARBUSDT
dYdX ARB-USD
Extended ARB-USD
gTrade (Gains Network) ARB/USD
Aevo ARB-PERP
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
Bitget ARBUSDT
BingX ARB-USDC
GRVT ARB_USDT_Perp
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
Coinbase International ARB-PERP-INTX
RISEx ARB/USDC
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP