Funding you earn now, next payment 08:00 UTC+0.0038%/8h= +4.2% APRnext payment +$0.05 per $10,000 · paid last 24h +0.005%
Price spread now: Aevo against ApeX Omni+0.096%7-day average −0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$300.296% of the position
Funding, last 7 days−0.028%−$3 on $10k
+Price spread, last 4 days (all we have)−0.085%−$8 · spread now +0.096%, 7d avg −0.023%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Aevo is 0.119% dearer against ApeX Omni than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.023%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni BTCUSDT | 85,166 | 0.0058 | pay 0.0007% / 1h | 18m 47s | $139.5M | $312.5M | 100x |
| Short | Aevo BTC-PERP | 85,247.9 | 0.0096 | get 0.0012% / 1h | 18m 47s | $2.4M | $6.7M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $8.08
- Price spread: +0.096% → −0.023%
- $11.94
- Slippage, 4 orders
- −$3.57
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$9.56
- Costs to cover
- 0.296%
- Break-even
- 15.3 days
Slippage from ApeX Omni: live order book, just now; Aevo: live order book, just now.
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, just now | 0.26 bp | 5.3 bp −$5 | 5.3 bp −$53 | 11.2 bp −$1,117 | 40.5 bp −$20.3K |
| Sell Aevo live order book, just now | 0.29 bp | 9.7 bp −$10 | 10.8 bp −$108 | 12.2 bp −$1,221 | doesn't fit |
BTC on 56 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff BTC-PERP | −0.0080% | 1h | 85,215 | +0.058% | $8K | $3K | 50x | as long as short |
| Phoenix BTC | −0.0034% | 1h | 85,189 | +0.027% | $2.3M | $10.8M | 40x | as long as short |
| BloFin BTC-USDT | −0.0020% | 8h | 85,240.6 | +0.088% | $422.4M | $686.2M | 150x | as long as short |
| KuCoin XBTUSDTM | −0.0015% | 8h | 85,224.6 | +0.069% | $927.2M | $778.1M | 125x | as long as short |
| 01 Exchange BTCUSD | 0.0000% | 1h | 85,250 | +0.099% | $343K | $2.3M | 50x | as long as short |
| Aster BTCUSDT | +0.0001% | 8h | 85,210.2 | +0.052% | $509.1M | $1.08B | 200x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0004% / S −0.0004% | 1h | 85,249 | +0.097% | $36.5M | — | 200x | as long as short |
| dYdX BTC-USD | +0.0011% | 1h | 85,231.4 | +0.077% | $16.7M | $21.0M | 50x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0026% | 1h | 85,270.1 | +0.122% | $185.8M | $955.6M | 100x | as long as short |
| ApeX Omni BTCUSDTlong | +0.0058% | 1h | 85,166 | long leg | $139.5M | $312.5M | 100x |
Show all 56 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX BTC-USDT | +0.0064% | 8h | 85,222.9 | +0.067% | — | $1.58B | — | as long as short |
| Injective BTC/USDC PERP | +0.0067% | 1h | 85,181 | +0.018% | $302K | $25.3M | 52x | as long as short |
| Bybit BTCUSDT | +0.0080% | 8h | 85,210.1 | +0.052% | $5.10B | $10.04B | 150x | as long as short |
| Nado BTC-PERP | +0.0086% | 1h | 85,219.1 | +0.062% | $24.0M | $220.8M | 50x | as long as short |
| Lighter BTC | +0.0096% | 1h | 85,224.5 | +0.069% | $168.3M | $1.02B | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 85,226.4 | +0.071% | $23.6M | $148.7M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 85,247 | +0.095% | $8.4M | $57.7M | 100x | as long as short |
| Bitget BTCUSDT | +0.0096% | 8h | 85,214 | +0.056% | $2.97B | $5.21B | 150x | as long as short |
| Aevo BTC-PERPshort | +0.0096% | 1h | 85,247.9 | +0.096% | $2.4M | $6.7M | 20x | |
| Katana Perps BTC-USD | +0.0100% | 8h | 85,211 | +0.053% | $269K | $8.7M | 50x | as long as short |
| Paradex BTC-USD-PERP | +0.0100% | 8h | 85,256.7 | +0.106% | $5.8M | $9.6M | 50x | as long as short |
| Hyperliquid BTC | +0.0100% | 1h | 85,303 | +0.161% | $3.75B | $5.09B | 40x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 85,237.4 | +0.084% | $40.3M | $604.7M | 50x | as long as short |
| Binance BTCUSDT | +0.0100% | 8h | 85,216.1 | +0.059% | $9.38B | $25.16B | 150x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 85,226.4 | +0.071% | $2.60B | $12.27B | 100x | as long as short |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 85,239 | +0.086% | $3.8M | $17.4M | 25x | as long as short |
| Arcus BTC-USD | +0.0100% | 1h | 85,246.8 | +0.095% | $4.7M | $97.4M | 40x | as long as short |
| Gate BTC_USDT | +0.0100% | 8h | 85,226.2 | +0.071% | $5.47B | $11.14B | 200x | as long as short |
| MEXC BTC_USDT | +0.0100% | 8h | 85,223.6 | +0.068% | $5.03B | $5.77B | 500x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 85,238.3 | +0.085% | $36.9M | $189.0M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 85,136.5 | −0.035% | $156.2M | $549.1M | — | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 85,142.9 | −0.027% | $282.3M | $957.0M | 100x | as long as short |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 85,165.4 | −0.001% | $213.7M | $159.2M | 50x | as long as short |
| StandX BTC-USD | +0.0100% | 1h | 85,160.1 | −0.007% | $30.0M | $212.2M | 40x | as long as short |
| Vest BTC-PERP | +0.0100% | 1h | 85,294.5 | +0.151% | — | $10.8M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 85,244 | +0.092% | $10.9M | $15.0M | 50x | as long as short |
| Bullet BTC-USD | +0.0100% | 1h | 85,247.1 | +0.095% | $197K | $3.3M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 85,253 | +0.102% | $2.6M | $9.7M | 100x | as long as short |
| Bluefin BTC-PERP | +0.0100% | 1h | 85,288.4 | +0.144% | $194K | $796K | 40x | as long as short |
| Derive BTC-PERP | +0.0100% | 1h | 85,243.7 | +0.091% | $29.3M | $45.3M | 15x | as long as short |
| SunX BTC-USDT | +0.0100% | 8h | 85,176.7 | +0.013% | $2.9M | $6.1M | 100x | as long as short |
| SoDEX BTC-USD | +0.0100% | 1h | 85,255 | +0.105% | $59.7M | $336.6M | 40x | as long as short |
| HTX BTC-USDT | +0.0100% | 8h | 85,250.4 | +0.099% | $2.25B | $973.9M | 200x | as long as short |
| Phemex BTCUSDT | +0.0100% | 8h | 85,247 | +0.095% | $159.0M | $516.2M | 150x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 85,240 | +0.087% | $693.3M | $214.1M | 40x | as long as short |
| Extended BTC-USD | +0.0104% | 1h | 85,194 | +0.033% | $45.4M | $241.1M | 50x | as long as short |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0056% | 1h | 85,251.7 | +0.101% | — | $106.7M | 500x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0104% | 1h | 85,291.2 | +0.147% | $111.7M | $5.48B | 50x | as long as short |
| Deribit BTC-PERPETUAL | +0.0124% | 1h | 85,291.4 | +0.147% | $840.2M | $1.67B | 50x | as long as short |
| Reya BTCRUSDPERP | +0.0142% | 1h | 85,235.3 | +0.081% | $6.6M | $143.2M | 40x | as long as short |
| Kalshi KXBTCPERP | +0.0170% | 8h | 85,256 | +0.106% | $12.2M | $737.5M | 6.4x | as long as short |
| RISEx BTC/USDC | +0.0174% | 1h | 85,258.2 | +0.108% | $8.8M | $42.9M | 25x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0174% / S −0.0146% | 1h | 85,246.8 | +0.095% | $13.0M | — | 200x | as long as short |
| Hibachi BTC/USDT-P | +0.0240% | 1h | 85,205.5 | +0.046% | $678K | $7.7M | 30x | as long as short |
| Aftermath Perps BTCUSD | +0.0290% | 1h | 85,233.1 | +0.079% | $81K | $254K | 20x | as long as short |
| Perpl BTC | +0.0447% | 43m | 85,237.4 | +0.084% | $459K | $18.4M | 6.7x | as long as short |
ApeX Omni BTCUSDT
Phoenix BTC
BloFin BTC-USDT
KuCoin XBTUSDTM
01 Exchange BTCUSD
Aster BTCUSDT
gTrade (Gains Network) BTC/USD
Kraken Futures PF_XBTUSD
BingX BTC-USDT
Injective BTC/USDC PERP
Bybit BTCUSDT
Lighter BTC
Lighter RH BTC
Popdex BTCUSDT
Bitget BTCUSDT
Katana Perps BTC-USD
Paradex BTC-USD-PERP
Hyperliquid BTC
Pacifica BTC
Binance BTCUSDT
OKX BTC-USDT-SWAP
Gate BTC_USDT
MEXC BTC_USDT
Backpack BTC_USDC_PERP
Variational Omni BTC
edgeX BTCUSDC
GRVT BTC_USDT_Perp
StandX BTC-USD
Polymarket Perps BTC-USD
Bullet BTC-USD
Bluefin BTC-PERP
Derive BTC-PERP
SunX BTC-USDT
SoDEX BTC-USD
HTX BTC-USDT
Phemex BTCUSDT
Bulk BTC-USD
Extended BTC-USD
Coinbase International BTC-PERP-INTX
Deribit BTC-PERPETUAL
Kalshi KXBTCPERP
RISEx BTC/USDC
GMX BTC/USD [WBTC.b-USDC]
Aftermath Perps BTCUSD