ETH

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0137%/8h= +15.0% APRnext payment +$0.17 per $10,000 · paid last 24h +0.020%

Price spread now: ApeX Omni against Injective+0.042%7-day average −0.067% · you sell dearer than you buy

Net, funding: paid 7d − costs−$99as in the Funding arb table

Net, price: spread back to 7d avg − costs−$60as in the Price arb table

costs, in and out, $10k−$710.709% of the position

Long on Injective Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days−0.282%−$28 on $10k

Price spread, last 4 days (all we have)+0.181%+$18 · spread now +0.042%, 7d avg −0.067%

Together, before fees−0.101%−$10 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and ApeX Omni is 0.109% dearer against Injective than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.067%. Mind the row above: over the last 7 days funding on this pair cost −0.282%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective ETH/USDC PERP	2,728.7	−0.0141	get 0.0018% / 1h	40m 45s	$117K	$22.5M	52x
Short	ApeX Omni ETHUSDT	2,729.9	−0.0005	pay 0.0001% / 1h	40m 45s	$8.9M	$31.3M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Injective. 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

Position, each leg$Hold fordaysFee InjectivebpFee ApeX OmnibpOrdersPrice spread, now +0.042%Rate

Funding earned: $28.75
Price spread: +0.042% → −0.067%: $10.9
Slippage, 4 orders: −$60.87
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$31.24
Costs to cover: 0.709%
Break-even: 14.6 days

Slippage from Injective: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Injective live order book, 3 min ago	12.98 bp	13.0 bp −$13	13.0 bp −$130	13.0 bp −$1,299	20985.6 bp −$10.49M
Sell ApeX Omni live order book, 3 min ago	0.07 bp	5.1 bp −$5	5.1 bp −$51	19.9 bp −$1,987	79.3 bp −$39.7K

ETH on 55 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
Perpl ETH	−0.0447%	43m	2,729.8	+0.040%	$298K	$5.6M	8.3x	as long as short
Injective ETH/USDC PERPlong	−0.0141%	1h	2,728.7	long leg	$117K	$22.5M	52x
Hotstuff ETH-PERP	−0.0080%	1h	2,729.9	+0.044%	$5K	$1K	50x	as long as short
GMX ETH/USD [ETH-USDC]	L −0.0010% / S +0.0043%	1h	2,730.6	+0.069%	$11.9M	—	200x	as long as short
ApeX Omni ETHUSDTshort	−0.0005%	1h	2,729.9	+0.042%	$8.9M	$31.3M	100x
dYdX ETH-USD	0.0000%	1h	2,729.8	+0.040%	$10.7M	$41.7M	50x	as long as short
01 Exchange ETHUSD	0.0000%	1h	2,730	+0.048%	$188K	$841K	50x	as long as short
Phoenix ETH	0.0000%	1h	2,728.8	+0.004%	$832K	$2.9M	25x	as long as short
Bullet ETH-USD	+0.0006%	1h	2,729.9	+0.044%	$180K	$1.7M	20x	as long as short
gTrade (Gains Network) ETH/USD	L +0.0007% / S −0.0007%	1h	2,731.1	+0.089%	$26.2M	—	200x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX ETH-USDC	+0.0057%	8h	2,731	+0.086%	—	$18.4M	—	as long as short
SoDEX ETH-USD	+0.0058%	1h	2,730.2	+0.055%	$54.4M	$187.6M	40x	as long as short
KuCoin ETHUSDTM	+0.0070%	8h	2,731.1	+0.089%	$380.4M	$576.2M	100x	as long as short
OKX ETH-USDT-SWAP	+0.0073%	8h	2,731.5	+0.103%	$1.67B	$10.71B	100x	as long as short
Aster ETHUSDT	+0.0079%	8h	2,731.7	+0.109%	$251.5M	$844.4M	200x	as long as short
HTX ETH-USDT	+0.0080%	8h	2,729.7	+0.036%	$1.05B	$1.20B	200x	as long as short
Aevo ETH-PERP	+0.0088%	1h	2,727.8	−0.033%	$4.9M	$155K	20x	as long as short
Binance ETHUSDT	+0.0088%	8h	2,731.9	+0.119%	$6.35B	$15.86B	150x	as long as short
MEXC ETH_USDT	+0.0089%	8h	2,732.1	+0.124%	$1.52B	$2.55B	500x	as long as short
Bybit ETHUSDT	+0.0089%	8h	2,731.5	+0.104%	$2.39B	$4.34B	150x	as long as short
Lighter ETH	+0.0096%	1h	2,730.9	+0.079%	$111.9M	$435.3M	50x	as long as short
Lighter RH ETH	+0.0096%	1h	2,731.8	+0.115%	$23.2M	$105.8M	50x	as long as short
Jupiter Perps ETH-PERP	L +0.0096% / S +0.0056%	1h	2,730.2	+0.056%	—	$30.6M	500x	as long as short
Paradex ETH-USD-PERP	+0.0098%	8h	2,733.6	+0.181%	$15.6M	$8.0M	50x	as long as short
RISEx ETH/USDC	+0.0099%	1h	2,730.5	+0.065%	$5.6M	$11.5M	25x	as long as short
Katana Perps ETH-USD	+0.0100%	8h	2,729.2	+0.018%	$500K	$3.2M	50x	as long as short
Nado ETH-PERP	+0.0100%	1h	2,729.7	+0.036%	$13.8M	$104.3M	50x	as long as short
Hyperliquid ETH	+0.0100%	1h	2,734.2	+0.202%	$3.10B	$2.06B	25x	as long as short
Pacifica ETH	+0.0100%	1h	2,730.4	+0.062%	$31.6M	$333.8M	50x	as long as short
Ondo Perps ETH-USD.P	+0.0100%	1h	2,729.3	+0.022%	$2.7M	$17.0M	25x	as long as short
Arcus ETH-USD	+0.0100%	1h	2,730.3	+0.058%	$2.8M	$16.2M	25x	as long as short
Gate ETH_USDT	+0.0100%	8h	2,731.9	+0.118%	$3.34B	$8.83B	200x	as long as short
Bitget ETHUSDT	+0.0100%	8h	2,731.8	+0.115%	$2.07B	$2.75B	150x	as long as short
Backpack ETH_USDC_PERP	+0.0100%	1h	2,730.2	+0.056%	$15.0M	$39.7M	50x	as long as short
Variational Omni ETH	+0.0100%	8h	2,729.3	+0.021%	$133.2M	$325.2M	—	as long as short
edgeX ETHUSDC	+0.0100%	4h	2,730.8	+0.077%	$183.7M	$669.7M	100x	as long as short
GRVT ETH_USDT_Perp	+0.0100%	8h	2,730.7	+0.072%	$158.9M	$86.4M	50x	as long as short
StandX ETH-USD	+0.0100%	1h	2,730.4	+0.062%	$21.1M	$69.5M	40x	as long as short
Vest ETH-PERP	+0.0100%	1h	2,730.5	+0.064%	—	$843K	50x	as long as short
Polymarket Perps ETH-USD	+0.0100%	1h	2,731.2	+0.092%	$11.1M	$9.1M	50x	as long as short
Derive ETH-PERP	+0.0100%	1h	2,731.9	+0.117%	$41.2M	$29.7M	15x	as long as short
SunX ETH-USDT	+0.0100%	8h	2,729.1	+0.013%	$957K	$11.4M	100x	as long as short
Phemex ETHUSDT	+0.0100%	8h	2,730.4	+0.060%	$265.4M	$65.5M	150x	as long as short
Bulk ETH-USD	+0.0100%	1h	2,730.9	+0.080%	$166.8M	$318.0M	25x	as long as short
Extended ETH-USD	+0.0104%	1h	2,731.1	+0.088%	$30.4M	$72.7M	50x	as long as short
Deribit ETH-PERPETUAL	+0.0105%	1h	2,731.7	+0.108%	$260.1M	$196.7M	50x	as long as short
Coinbase International ETH-PERP-INTX	+0.0112%	1h	2,731.8	+0.113%	$51.5M	$4.26B	50x	as long as short
Aftermath Perps ETHUSD	+0.0123%	1h	2,731.4	+0.100%	$30K	$20K	20x	as long as short
Kalshi KXETHPERP	+0.0150%	8h	2,729.8	+0.040%	$6.5M	$677.7M	4.9x	as long as short
Orderly PERP_ETH_USDC	+0.0193%	8h	2,732.8	+0.149%	$32.1M	$11.6M	100x	as long as short
Kraken Futures PF_ETHUSD	+0.0222%	1h	2,731	+0.084%	$84.2M	$314.0M	100x	as long as short
Reya ETHRUSDPERP	+0.0222%	1h	2,728.9	+0.009%	$7.3M	$1.2M	25x	as long as short
Hibachi ETH/USDT-P	+0.0248%	1h	2,730.5	+0.067%	$253K	$1.4M	20x	as long as short
BloFin ETH-USDT	+0.0354%	8h	2,730.3	+0.058%	$282.9M	$174.9M	150x	as long as short
Bluefin ETH-PERP	+0.0360%	1h	2,731.1	+0.089%	$21K	$20K	25x	as long as short