Funding you earn now, next payment 01:00 UTC−0.0191%/8h= −20.9% APRnext payment −$0.24 per $10,000 · paid last 24h −0.047%
Price spread now: ApeX Omni against GMX+0.669%7-day average −0.015% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.166%−$17 on $10k
+Price spread, last 3 days (all we have)−1.014%−$101 · spread now +0.669%, 7d avg −0.015%
=The price spread pays, funding is against you. ApeX Omni is 0.684% dearer against GMX than usual: you sell high and buy low (spread +0.669% now, against its 7-day average of −0.015%): +$68 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 12 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX ARB/USD [ARB-USDC] | 0.2258 | L +0.0291% / S −0.0179% | pay 0.0036% / 1h | 5m 17s | $904K | — | 150x |
| Short | ApeX Omni ARBUSDT | 0.2273 | 0.0100 | get 0.0013% / 1h | 5m 17s | $122K | $296K | 50x |
GMX ARB/USD [ARB-USDC]
ApeX Omni ARBUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against GMX. 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
- −$40.11
- Price spread: +0.669% → −0.015%
- $68.43
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- $6.32
- Costs to cover
- 0.220%
- Break-even
- from the start
Slippage unknown: GMX: no order-book sample; ApeX Omni: live order book, 2 min ago. Net counts fees only.
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 GMX no order-book sample | — | — | — | — | — |
| Sell ApeX Omni live order book, 2 min ago | 11.05 bp | 21.9 bp −$22 | 119.7 bp −$1,197 | doesn't fit | doesn't fit |
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 0.2244 | −0.615% | $40K | $372K | 12x | as long as short |
| Variational Omni ARB | −0.0197% | 8h | 0.2259 | +0.064% | $2.0M | $2.8M | — | as long as short |
| 01 Exchange ARBUSD | −0.0152% | 1h | 0.2255 | −0.141% | $7K | $2K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0149% | 1h | 0.2256 | −0.066% | $25K | $34K | 25x | as long as short |
| Bybit ARBUSDT | −0.0142% | 8h | 0.2255 | −0.119% | $58.6M | $126.9M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0138% | 1h | 0.2258 | −0.006% | $1.1M | $4.9M | 50x | as long as short |
| MEXC ARB_USDT | −0.0109% | 8h | 0.2255 | −0.110% | $39.3M | $59.6M | 200x | as long as short |
| OKX ARB-USDT-SWAP | −0.0108% | 8h | 0.2255 | −0.115% | $23.0M | $157.2M | 50x | as long as short |
| SoDEX ARB-USD | −0.0096% | 1h | 0.2255 | −0.128% | $10K | $2.5M | 5x | as long as short |
| Orderly PERP_ARB_USDC | −0.0051% | 8h | 0.2256 | −0.084% | $13K | $389K | 10x | as long as short |
Injective ARB/USDC PERP
Variational Omni ARB
01 Exchange ARBUSD
Deribit ARB_USDC-PERPETUAL
Bybit ARBUSDT
Kraken Futures PF_ARBUSD
MEXC ARB_USDT
OKX ARB-USDT-SWAP
SoDEX ARB-USD
Orderly PERP_ARB_USDCShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ARB-USD | 0.0000% | 1h | 0.2261 | +0.119% | $67K | $4K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0013% | 1h | 0.2258 | −0.017% | $11K | — | 150x | as long as short |
| Extended ARB-USD | +0.0016% | 1h | 0.2255 | −0.137% | $358K | $2.5M | 25x | as long as short |
| Binance ARBUSDT | +0.0018% | 8h | 0.2256 | −0.093% | $66.7M | $310.9M | 75x | as long as short |
| BloFin ARB-USDT | +0.0084% | 8h | 0.2265 | +0.310% | $3.2M | $2.9M | 75x | as long as short |
| Aevo ARB-PERP | +0.0088% | 1h | 0.2257 | −0.047% | $143K | $7K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2261 | +0.116% | $1.4M | $7.3M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2258 | +0.018% | $40.9M | $47.2M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2255 | −0.128% | $703K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2259 | +0.049% | $45K | $183K | 10x | as long as short |
| Gate ARB_USDT | +0.0100% | 8h | 0.2256 | −0.062% | $5.5M | $20.0M | 60x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2256 | −0.106% | $19.6M | $15.8M | 75x | as long as short |
| Bitget ARBUSDT | +0.0100% | 8h | 0.2256 | −0.084% | $21.6M | $35.7M | 50x | as long as short |
| BingX ARB-USDT | +0.0100% | 8h | 0.2256 | −0.084% | — | $54.4M | — | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2266 | +0.367% | $41K | $462K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2275 | +0.760% | $488K | $3.5M | 10x | as long as short |
| ApeX Omni ARBUSDTshort | +0.0100% | 1h | 0.2273 | +0.669% | $122K | $296K | 50x | |
| Polymarket Perps ARB-USD | +0.0100% | 1h | 0.2257 | −0.048% | $65K | $2.0M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2256 | −0.084% | $1K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2256 | −0.079% | $294K | $976K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2256 | −0.084% | $5.2M | $12.9M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0232% | 1h | 0.2261 | +0.138% | $517K | $2.3M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2255 | −0.121% | $2K | $695 | 20x | as long as short |
| GMX ARB/USD [ARB-USDC]long | L +0.0291% / S −0.0179% | 1h | 0.2258 | long leg | $904K | — | 150x | |
| RISEx ARB/USDC | +0.0384% | 1h | 0.2256 | −0.073% | $512K | $2.6M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0584% | 1h | 0.2261 | +0.142% | $1.0M | $2.8M | 20x | as long as short |
dYdX ARB-USD
gTrade (Gains Network) ARB/USD
Extended ARB-USD
Binance ARBUSDT
BloFin ARB-USDT
Aevo ARB-PERP
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
Gate ARB_USDT
KuCoin ARBUSDTM
Bitget ARBUSDT
BingX ARB-USDT
edgeX ARBUSDC
GRVT ARB_USDT_Perp
Polymarket Perps ARB-USD
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
Coinbase International ARB-PERP-INTX
Reya ARBRUSDPERP
RISEx ARB/USDC
Backpack ARB_USDC_PERP