Funding you earn now, next payment 20:00 UTC−0.0060%/8hnext payment −$0.07 per $10,000 · paid last 24h −0.018%
Price spread now: Arcus against ApeX Omni−0.227%53s7-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
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Arcus is 0.227% cheaper against ApeX Omni than usual: you would sell low and buy high (−$23 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni COINUSDT | 202.59 | 0.0100 | pay 0.0013% / 1h | 22m 14s | $91K | $630K | 50x |
| Short | Arcus COIN-USD | 202.13 | 0.0040 | get 0.0005% / 1h | 22m 14s | $19K | $42K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against ApeX Omni. 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
- −$12.54
- Price spread: −0.227% → 0.000%
- −$22.71
- Slippage, 4 orders
- no order book: not counted
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$49.75
- Costs to cover
- 0.145%
- Break-even
- never at this rate
Slippage unknown: ApeX Omni: live order book, 10 min ago; Arcus: no order-book sample. 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 ApeX Omni live order book, 10 min ago | 2.72 bp | 7.7 bp −$8 | 11.9 bp −$119 | doesn't fit | doesn't fit |
| Sell Arcus no order-book sample | — | — | — | — | — |
Arcus: 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.
COIN on 26 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective COIN/USDC PERP | −0.0440% | 1h | 202.52 | −0.035% | $40K | $48K | 30x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 202.00 | −0.292% | $371K | $832K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 201.99 | −0.297% | $100K | $428K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 202.00 | −0.290% | $15.7M | $75.1M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 202.04 | −0.271% | $5.0M | $5.8M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 201.98 | −0.301% | $3.3M | $4.6M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 202.03 | −0.276% | $1.3M | $6.7M | 50x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 202.32 | −0.134% | $791K | $1.0M | — | as long as short |
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 202.64 | +0.027% | $18K | $1.7M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 202.02 | −0.281% | $445K | $2.0M | 10x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus COIN-USDshort | +0.0040% | 1h | 202.13 | −0.227% | $19K | $42K | 5x | |
| Vest COIN-USD-PERP | +0.0046% | 1h | 201.93 | −0.326% | — | $493K | 25x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 201.93 | −0.326% | $132K | $1.1M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 202.00 | −0.291% | $94 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 202.31 | −0.138% | $373K | $3.2M | 10x | as long as short |
| QFEX COIN-USD | +0.0055% | 1h | 202.11 | −0.237% | $1.4M | $3.6M | 10x | as long as short |
| Lighter COIN | +0.0096% | 1h | 202.03 | −0.275% | $377K | $2.2M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 202.08 | −0.252% | $1.0M | $146K | 20x | as long as short |
| ApeX Omni COINUSDTlong | +0.0100% | 1h | 202.59 | long leg | $91K | $630K | 50x | |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 202.03 | −0.276% | $584 | $5K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 202.03 | −0.279% | $119 | — | 10x | as long as short |
| Bitget COINUSDT | +0.0111% | 8h | 202.05 | −0.267% | $6.8M | $9.5M | 20x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 202.16 | −0.212% | $157K | $333K | 20x | as long as short |
| tradeXYZ xyz:COIN | +0.0181% | 1h | 201.94 | −0.321% | $16.5M | $13.5M | 10x | as long as short |
| Phoenix COIN | +0.0198% | 1h | 202.66 | +0.035% | $2K | $255K | 10x | as long as short |
| edgeX COINUSDC | +0.0424% | 4h | 202.56 | −0.016% | $52K | $291K | 10x | as long as short |
ApeX Omni COINUSDT
Injective COIN/USDC PERP
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Gate COIN_USDT
Variational Omni COIN
GRVT COIN_USDT_Perp
Lighter RH COIN
Polymarket Perps COIN-USD
SoDEX COIN-USD
Lighter COIN
KuCoin COINUSDTM
Bitget COINUSDT
BloFin COIN-USDT
tradeXYZ xyz:COIN
Phoenix COIN
edgeX COINUSDC