Funding you earn now, next payment 06:00 UTC+0.0201%/8h= +22.0% APRnext payment +$0.25 per $10,000 · paid last 24h +0.060%
Price spread now: ApeX Omni against Reya−0.052%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. ApeX Omni is 0.052% cheaper against Reya than usual: you would sell low and buy high (spread −0.052% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 21 hours of funding at the current rate (+$6 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya SRUSDPERP | 0.04052 | −0.0101 | get 0.0013% / 1h | 6m 38s | $4 | — | 15x |
| Short | ApeX Omni SUSDT | 0.04050 | 0.0100 | get 0.0013% / 1h | 6m 38s | $23K | $485K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Reya. 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
- $42.25
- Price spread: −0.052% → 0.000%
- −$5.16
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- $21.09
- Costs to cover
- 0.160%
- Break-even
- 3.5 days
Slippage unknown: Reya: no order-book sample; ApeX Omni: live order book, 41 min ago. Net counts fees only.
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 Reya no order-book sample | — | — | — | — | — |
| Sell ApeX Omni live order book, 41 min ago | 25.25 bp | 79.5 bp −$80 | doesn't fit | doesn't fit | doesn't fit |
Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
S on 25 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange SUSD | −1.0888% | 1h | 0.03880 | −4.247% | $24K | $2K | 5x | as long as short |
| Kraken Futures PF_SUSD | −0.1794% | 1h | 0.04053 | +0.021% | $35K | $16K | 10x | as long as short |
| Coinbase International S-PERP-INTX | −0.1232% | 1h | 0.03961 | −2.248% | $48K | $18K | 25x | as long as short |
| GMX S/USD [WBTC.b-USDC] | L −0.0206% / S +0.0198% | 1h | 0.04053 | +0.030% | $1K | — | 100x | as long as short |
| Reya SRUSDPERPlong | −0.0101% | 1h | 0.04052 | long leg | $4 | — | 15x | |
| Variational Omni S | −0.0020% | 4h | 0.04046 | −0.155% | $628K | $25K | — | as long as short |
| gTrade (Gains Network) S/USD | L +0.0001% / S +0.0006% | 1h | 0.04052 | −0.004% | $624 | — | 150x | as long as short |
| Injective S/USDC PERP | +0.0033% | 1h | 0.04100 | +1.182% | $2K | $37K | 12x | as long as short |
| Orderly PERP_S_USDC | +0.0084% | 4h | 0.04052 | −0.002% | $101K | $559K | 10x | as long as short |
| Lighter S | +0.0096% | 1h | 0.04059 | +0.170% | $173K | $140K | 5x | as long as short |
Show all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid S | +0.0100% | 1h | 0.04053 | +0.015% | $1.0M | $596K | 5x | as long as short |
| Aster SUSDT | +0.0100% | 4h | 0.04055 | +0.066% | $48K | $111K | 10x | as long as short |
| Binance SUSDT | +0.0100% | 4h | 0.04055 | +0.066% | $5.7M | $13.7M | 75x | as long as short |
| Bybit SUSDT | +0.0100% | 4h | 0.04045 | −0.175% | $5.8M | $4.3M | 50x | as long as short |
| OKX S-USDT-SWAP | +0.0100% | 4h | 0.04049 | −0.076% | $1.0M | $3.8M | 20x | as long as short |
| Gate S_USDT | +0.0100% | 4h | 0.04055 | +0.072% | $330K | $185K | 50x | as long as short |
| MEXC S_USDT | +0.0100% | 4h | 0.04052 | −0.002% | $4.0M | $1.8M | 200x | as long as short |
| KuCoin SUSDTM | +0.0100% | 4h | 0.04050 | −0.052% | $1.8M | $2.8M | 50x | as long as short |
| Bitget SUSDT | +0.0100% | 4h | 0.04053 | +0.022% | $1.2M | $2.3M | 50x | as long as short |
| BingX S-USDT | +0.0100% | 4h | 0.04051 | −0.027% | — | $6.8M | — | as long as short |
| ApeX Omni SUSDTshort | +0.0100% | 1h | 0.04050 | −0.052% | $23K | $485K | 50x | |
| Extended S-USD | +0.0104% | 1h | 0.04052 | −0.006% | $228K | $595K | 10x | as long as short |
| BloFin S-USDT | +0.0340% | 4h | 0.04063 | +0.269% | $278K | $117K | 75x | as long as short |
| Deribit S_USDC-PERPETUAL | +0.0983% | 1h | 0.04059 | +0.170% | $68K | $10K | 10x | as long as short |
| Backpack S_USDC_PERP | +0.2449% | 1h | 0.04060 | +0.195% | $118K | $426K | 5x | as long as short |
ApeX Omni SUSDT
01 Exchange SUSD
Kraken Futures PF_SUSD
Coinbase International S-PERP-INTX
GMX S/USD [WBTC.b-USDC]
Variational Omni S
gTrade (Gains Network) S/USD
Injective S/USDC PERP
Lighter S
Hyperliquid S
Aster SUSDT
Binance SUSDT
Bybit SUSDT
OKX S-USDT-SWAP
Gate S_USDT
MEXC S_USDT
KuCoin SUSDTM
Bitget SUSDT
BingX S-USDT
Extended S-USD
BloFin S-USDT
Deribit S_USDC-PERPETUAL
Backpack S_USDC_PERP