Settings8H · net · $10k
Funding arb · Price arb /

S

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.00 per $10,000 · paid last 24h +0.004%
Price spread now: ApeX Omni against Extended+0.055%52s7-day average +0.137% · you sell dearer than you buy
Net, funding: paid 7d − costs−$199as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$2052.055% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.069%+$7 on $10k
Price spread, last 3 days (all we have)+0.421%+$42 · spread now +0.055%, 7d avg +0.137%
Together, before fees+0.490%+ Points / potential airdropExtended: Active · farm board+$49 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 0.082% cheaper against Extended than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.137%. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended S-USD0.039080.0104pay 0.0013% / 1h22m 34s$220K$877K10x
ShortApeX Omni SUSDT0.039100.0100get 0.0013% / 1h22m 34s$25K$452K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Extended. 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
−$0.84
Price spread: +0.055% → +0.137%
−$8.2
Slippage, 4 orders
−$190.45
Fee Extended: 2.5 bp × 2 orders
−$5
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$214.49
Costs to cover
2.055%
Break-even
never at this rate
Slippage from Extended: live order book, 56 min ago; ApeX Omni: live order book, 55 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 Extended live order book, 56 min ago5.13 bp36.5 bp −$36259.4 bp −$2,594doesn't fitdoesn't fit
Sell ApeX Omni live order book, 55 min ago12.80 bp69.4 bp −$69doesn't fitdoesn't fitdoesn't fit

S on 25 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
01 Exchange SUSD−0.5880%1h0.03850−1.480%$23K$2K5xas long as short
Kraken Futures PF_SUSD−0.2135%1h0.03906−0.045%$33K$25K10xas long as short
Coinbase International S-PERP-INTX−0.1336%1h0.03826−2.095%$47K$5K25xas long as short
Variational Omni S−0.0978%4h0.03906−0.046%$608K$31Kas long as short
GMX S/USD [WBTC.b-USDC]L −0.0203% / S +0.0195%1h0.03909+0.022%$1K100xas long as short
Reya SRUSDPERP−0.0101%1h0.03910+0.042%$415xas long as short
gTrade (Gains Network) S/USDL +0.0001% / S +0.0006%1h0.03909+0.024%$602150xas long as short
Orderly PERP_S_USDC+0.0029%4h0.03905−0.073%$99K$339K10xas long as short
Injective S/USDC PERP+0.0033%1h0.04100+4.917%$2K$37K12xas long as short
Lighter S+0.0096%1h0.03910+0.055%$164K$217K5xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid S+0.0100%1h0.03908+0.009%$979K$677K5xas long as short
Aster SUSDT+0.0100%4h0.03917+0.235%$43K$145K10xas long as short
Binance SUSDT+0.0100%4h0.03910+0.055%$5.3M$17.2M75xas long as short
Bybit SUSDT+0.0100%4h0.03903−0.124%$5.6M$5.3M50xas long as short
OKX S-USDT-SWAP+0.0100%4h0.03909+0.029%$977K$4.9M20xas long as short
Gate S_USDT+0.0100%4h0.03911+0.080%$319K$259K50xas long as short
MEXC S_USDT+0.0100%4h0.03907−0.022%$3.5M$1.9M200xas long as short
KuCoin SUSDTM+0.0100%4h0.03909+0.029%$1.8M$2.9M50xas long as short
Bitget SUSDT+0.0100%4h0.03912+0.106%$1.2M$2.5M50xas long as short
BingX S-USDT+0.0100%4h0.03907−0.022%$6.7Mas long as short
ApeX Omni SUSDTshort+0.0100%1h0.03910+0.055%$25K$452K50x
Extended S-USDlong+0.0104%1h0.03908long leg$220K$877K10x
Backpack S_USDC_PERP+0.0127%1h0.03910+0.055%$114K$313K5xas long as short
Deribit S_USDC-PERPETUAL+0.0262%1h0.03911+0.080%$66K$10K10xas long as short
BloFin S-USDT+0.0340%4h0.03906−0.047%$266K$125K75xas long as short