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Funding arb · Price arb /

ETH

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Alert: spread
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Funding you earn now, next payment 03:00 UTC−0.0024%/8h= −2.7% APRpaid last 24h −0.009%
Price spread now: ApeX Omni against Aster−0.146%7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$200.195% of the position
Long on AsterShort on ApeX Omni
What this pair did over the last
the charts below follow
Funding, last 7 days−0.101%−$10 on $10k
Price spread, last 7 days+0.142%+$14 · spread now −0.146%, 7d avg 0.000%
Together, before fees+0.041%+ Points / potential airdropAster: Stage 5 · farm board+$4 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and ApeX Omni is 0.146% cheaper against Aster than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of 0.000%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ETHUSDT2,7430.0079pay 0.0079% / 8h5h 35m$252.4M$841.2M200x
ShortApeX Omni ETHUSDT2,738.90.0055get 0.0007% / 1h35m 01s$8.8M$30.9M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Aster. 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

Funding earned
−$5.12
Price spread: −0.146% → 0.000%
−$14.6
Slippage, 4 orders
−$1.53
Fee Aster: 4 bp × 2 orders
−$8
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$39.24
Costs to cover
0.195%
Break-even
never at this rate
Slippage from Aster: live order book, 4 min ago; ApeX Omni: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 4 min ago0.13 bp4.1 bp −$44.4 bp −$446.1 bp −$60712.0 bp −$6,005
Sell ApeX Omni live order book, 4 min ago0.55 bp5.5 bp −$65.7 bp −$5722.1 bp −$2,20679.5 bp −$39.7K

ETH on 55 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff ETH-PERP−0.0080%1h2,741.5−0.053%$5K$1K50xas long as short
Injective ETH/USDC PERP−0.0044%1h2,743.1+0.005%$118K$22.5M52xas long as short
GMX ETH/USD [ETH-USDC]L −0.0010% / S +0.0043%1h2,743+0.003%$12.1M—200xas long as short
dYdX ETH-USD0.0000%1h2,742−0.034%$10.8M$41.8M50xas long as short
Perpl ETH0.0000%43m2,741.9−0.040%$304K$5.6M8.3xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,743.1+0.005%$22.2M—200xas long as short
Phoenix ETH+0.0017%1h2,741.5−0.053%$846K$2.9M25xas long as short
01 Exchange ETHUSD+0.0032%1h2,741.6−0.049%$182K$916K50xas long as short
BingX ETH-USDT+0.0050%8h2,743.2+0.011%—$1.15B—as long as short
ApeX Omni ETHUSDTshort+0.0055%1h2,738.9−0.146%$8.8M$30.9M100x
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ETHUSDTM+0.0063%8h2,7430.000%$383.3M$595.0M100xas long as short
OKX ETH-USDT-SWAP+0.0064%8h2,743.4+0.016%$1.70B$10.58B100xas long as short
RISEx ETH/USDC+0.0077%1h2,741.8−0.041%$5.6M$11.2M25xas long as short
Bullet ETH-USD+0.0079%1h2,742.6−0.014%$181K$1.7M20xas long as short
Aster ETHUSDTlong+0.0079%8h2,743long leg$252.4M$841.2M200x
MEXC ETH_USDT+0.0088%8h2,742.9−0.002%$1.56B$2.54B500xas long as short
Aevo ETH-PERP+0.0088%1h2,740.5−0.088%$4.9M$155K20xas long as short
Binance ETHUSDT+0.0089%8h2,743.3+0.014%$6.38B$15.70B150xas long as short
HTX ETH-USDT+0.0095%8h2,742.4−0.021%$1.06B$1.18B200xas long as short
Lighter ETH+0.0096%1h2,743.2+0.010%$112.7M$433.1M50xas long as short
Lighter RH ETH+0.0096%1h2,744.9+0.070%$24.6M$103.8M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0056%1h2,742.2−0.026%—$30.7M500xas long as short
Coinbase International ETH-PERP-INTX+0.0096%1h2,744.5+0.055%$58.6M$4.27B50xas long as short
Paradex ETH-USD-PERP+0.0100%8h2,744.9+0.072%$16.0M$8.0M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,741.2−0.064%$467K$3.0M50xas long as short
Nado ETH-PERP+0.0100%1h2,741.9−0.038%$13.9M$105.5M50xas long as short
Hyperliquid ETH+0.0100%1h2,745.4+0.087%$3.12B$2.06B25xas long as short
Pacifica ETH+0.0100%1h2,741.7−0.046%$31.6M$335.1M50xas long as short
Bybit ETHUSDT+0.0100%8h2,743.3+0.013%$2.45B$4.17B150xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,740.4−0.093%$2.7M$16.8M25xas long as short
Arcus ETH-USD+0.0100%1h2,741.7−0.045%$2.7M$16.1M25xas long as short
Bulk ETH-USD+0.0100%1h2,741.5−0.052%$164.1M$300.8M25xas long as short
Gate ETH_USDT+0.0100%8h2,743.4+0.017%$3.39B$8.72B200xas long as short
Bitget ETHUSDT+0.0100%8h2,743.5+0.019%$2.08B$2.73B150xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,742.1−0.032%$15.0M$40.9M50xas long as short
Variational Omni ETH+0.0100%8h2,740.7−0.083%$132.6M$333.6M—as long as short
edgeX ETHUSDC+0.0100%4h2,737.1−0.214%$181.9M$690.6M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,740−0.109%$159.3M$83.6M50xas long as short
StandX ETH-USD+0.0100%1h2,740.1−0.104%$21.2M$68.2M40xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,743.8+0.031%$11.0M$8.8M50xas long as short
Derive ETH-PERP+0.0100%1h2,744.8+0.067%$41.5M$29.6M15xas long as short
SunX ETH-USDT+0.0100%8h2,741.2−0.062%$962K$11.5M100xas long as short
SoDEX ETH-USD+0.0100%1h2,743+0.002%$54.6M$187.5M40xas long as short
Phemex ETHUSDT+0.0100%8h2,742.8−0.006%$266.8M$65.0M150xas long as short
Vest ETH-PERP+0.0100%1h2,742.6−0.011%—$819K50xas long as short
Extended ETH-USD+0.0104%1h2,742.6−0.011%$30.6M$72.4M50xas long as short
Bluefin ETH-PERP+0.0107%1h2,742.8−0.005%$21K$20K25xas long as short
Aftermath Perps ETHUSD+0.0134%1h2,741.4−0.056%$30K$20K20xas long as short
Deribit ETH-PERPETUAL+0.0155%1h2,744.5+0.055%$258.8M$196.1M50xas long as short
Kalshi KXETHPERP+0.0157%8h2,742.5−0.016%$7.6M$669.4M4.9xas long as short
Orderly PERP_ETH_USDC+0.0189%8h2,745+0.074%$32.3M$11.3M100xas long as short
Kraken Futures PF_ETHUSD+0.0221%1h2,744.1+0.044%$87.1M$310.2M100xas long as short
Reya ETHRUSDPERP+0.0226%1h2,742.3−0.023%$7.3M$1.1M25xas long as short
Hibachi ETH/USDT-P+0.0248%1h2,741.4−0.055%$252K$1.4M20xas long as short
BloFin ETH-USDT+0.0251%8h2,743+0.003%$285.0M$182.0M150xas long as short