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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 01:00 UTC−0.0007%/8h= −0.8% APRpaid last 24h −0.018%
Price spread now: ApeX Omni against edgeX+0.002%7-day average +0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$210.213% of the position
Long on edgeXShort on ApeX Omni
What this pair did over the last
the charts below follow
Funding, last 7 days−0.198%−$20 on $10k
Price spread, last 7 days+0.013%+$1 · spread now +0.002%, 7d avg +0.036%
Together, before fees−0.185%+ Points / potential airdropedgeX: Active · farm board−$19 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.034% cheaper against edgeX than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.036%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX ETHUSDC2,7730.0100pay 0.0050% / 4h3h 36m$182.0M$786.6M100x
ShortApeX Omni ETHUSDT2,7730.0093get 0.0012% / 1h36m 20s$8.7M$32.3M100x

Funding 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

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latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$1.44
Price spread: +0.002% → +0.036%
−$3.44
Slippage, 4 orders
−$2.35
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$26.23
Costs to cover
0.213%
Break-even
never at this rate
Slippage from edgeX: live order book, 3 min ago; ApeX Omni: live order book, 3 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 edgeX live order book, 3 min ago0.09 bp6.0 bp −$66.1 bp −$616.2 bp −$6227.6 bp −$3,807
Sell ApeX Omni live order book, 3 min ago0.07 bp5.1 bp −$56.0 bp −$6044.6 bp −$4,46385.1 bp −$42.5K

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
Injective ETH/USDC PERP−0.0752%1h2,762.9−0.363%$119K$22.5M52xas long as short
RISEx ETH/USDC−0.0128%1h2,773.5+0.021%$5.7M$11.3M25xas long as short
Perpl ETH−0.0112%43m2,772−0.033%$321K$6.4M8.3xas long as short
Hotstuff ETH-PERP−0.0080%1h2,774.2+0.045%$5K$1K50xas long as short
Phemex ETHUSDT−0.0059%8h2,772.6−0.012%$269.9M$67.5M150xas long as short
01 Exchange ETHUSD−0.0040%1h2,773.6+0.023%$168K$1.1M50xas long as short
Phoenix ETH−0.0003%1h2,771.5−0.053%$876K$3.7M25xas long as short
dYdX ETH-USD0.0000%1h2,774.2+0.045%$12.2M$45.9M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,773.3+0.011%$22.4M—200xas long as short
OKX ETH-USDT-SWAP+0.0024%8h2,772.5−0.018%$1.71B$11.24B100xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bullet ETH-USD+0.0024%1h2,772.5−0.016%$183K$1.7M20xas long as short
GMX ETH/USD [ETH-USDC]L +0.0025% / S +0.0009%1h2,773.2+0.008%$12.7M—200xas long as short
Aster ETHUSDT+0.0040%8h2,772.7−0.008%$256.9M$886.9M200xas long as short
SoDEX ETH-USD+0.0040%1h2,772.8−0.006%$55.2M$187.9M40xas long as short
MEXC ETH_USDT+0.0055%8h2,772.5−0.018%$1.63B$2.63B500xas long as short
Binance ETHUSDT+0.0055%8h2,772.8−0.006%$6.47B$16.40B150xas long as short
Aevo ETH-PERP+0.0056%1h2,771.5−0.053%$5.0M$165K20xas long as short
Aftermath Perps ETHUSD+0.0060%1h2,773.2+0.009%$31K$23K20xas long as short
HTX ETH-USDT+0.0066%8h2,773.3+0.013%$1.08B$1.26B200xas long as short
Bitget ETHUSDT+0.0070%8h2,773.1+0.005%$2.10B$2.89B150xas long as short
Gate ETH_USDT+0.0075%8h2,772.8−0.006%$3.35B$8.97B200xas long as short
Coinbase International ETH-PERP-INTX+0.0080%1h2,774.1+0.042%$60.4M$4.46B50xas long as short
KuCoin ETHUSDTM+0.0082%8h2,772.9−0.004%$420.7M$634.7M100xas long as short
Vest ETH-PERP+0.0084%1h2,7730.000%—$878K50xas long as short
ApeX Omni ETHUSDTshort+0.0093%1h2,773+0.002%$8.7M$32.3M100x
Lighter ETH+0.0096%1h2,773.5+0.019%$115.3M$457.4M50xas long as short
Lighter RH ETH+0.0096%1h2,774.8+0.066%$25.8M$111.1M50xas long as short
Paradex ETH-USD-PERP+0.0099%8h2,773.3+0.012%$15.9M$8.8M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,773.7+0.027%$486K$2.8M50xas long as short
Nado ETH-PERP+0.0100%1h2,772.7−0.009%$14.8M$115.2M50xas long as short
Hyperliquid ETH+0.0100%1h2,775.1+0.077%$3.18B$2.24B25xas long as short
Pacifica ETH+0.0100%1h2,774.4+0.053%$31.4M$323.2M50xas long as short
Bybit ETHUSDT+0.0100%8h2,772.7−0.011%$2.51B$4.39B150xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,773.2+0.009%$2.8M$16.8M25xas long as short
Arcus ETH-USD+0.0100%1h2,774.2+0.046%$2.8M$17.0M25xas long as short
Bulk ETH-USD+0.0100%1h2,769.8−0.113%$171.6M$277.9M25xas long as short
BingX ETH-USDC+0.0100%8h2,772.4−0.019%—$17.3M—as long as short
Backpack ETH_USDC_PERP+0.0100%1h2,774.3+0.049%$15.2M$42.1M50xas long as short
Variational Omni ETH+0.0100%8h2,772.3−0.025%$142.1M$343.8M—as long as short
edgeX ETHUSDClong+0.0100%4h2,773long leg$182.0M$786.6M100x
GRVT ETH_USDT_Perp+0.0100%8h2,771.5−0.054%$161.2M$84.7M50xas long as short
StandX ETH-USD+0.0100%1h2,772.6−0.013%$21.4M$61.9M40xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,772.9−0.002%$10.6M$7.9M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,801.3+1.023%$22K$22K25xas long as short
Derive ETH-PERP+0.0100%1h2,775+0.075%$42.7M$29.0M15xas long as short
SunX ETH-USDT+0.0100%8h2,773+0.003%$972K$13.3M100xas long as short
Deribit ETH-PERPETUAL+0.0100%1h2,774.3+0.049%$259.1M$207.5M50xas long as short
Extended ETH-USD+0.0104%1h2,772.3−0.023%$31.7M$73.2M50xas long as short
Jupiter Perps ETH-PERPL +0.0104% / S +0.0048%1h2,773.5+0.020%—$38.0M500xas long as short
Kalshi KXETHPERP+0.0108%8h2,774.4+0.052%$8.1M$684.0M4.9xas long as short
Kraken Futures PF_ETHUSD+0.0134%1h2,774.2+0.046%$93.4M$317.4M100xas long as short
Orderly PERP_ETH_USDC+0.0149%8h2,775.6+0.094%$32.7M$11.3M100xas long as short
Hibachi ETH/USDT-P+0.0152%1h2,771.4−0.056%$252K$1.5M20xas long as short
BloFin ETH-USDT+0.0175%8h2,773.9+0.035%$288.3M$186.4M150xas long as short
Reya ETHRUSDPERP+0.0210%1h2,772.6−0.012%$7.3M$1.2M25xas long as short