COIN

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.016%

Price spread now: Bybit against ApeX Omni+0.051%7-day average +0.033% · you sell dearer than you buy

Net, funding: paid 7d − costs−$43as in the Funding arb table

Net, price: spread back to 7d avg − costs−$37as in the Price arb table

costs, in and out, $10k−$390.386% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.047%−$5 on $10k

Price spread, last 4 days (all we have)+0.030%+$3 · spread now +0.051%, 7d avg +0.033%

Together, before fees−0.017%−$2 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.033%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni COINUSDT	194.98	0.0100	pay 0.0013% / 1h	25m 38s	$88K	$287K	50x
Short	Bybit COINUSDT	195.08	0	get 0.0000% / 8h	2h 25m	$4.7M	$6.2M	50x

Funding history

latest

Range statsloading…

Bybit against ApeX Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee ApeX OmnibpFee BybitbpOrdersPrice spread, now +0.051%Rate

Slippage from ApeX Omni: live order book, 22 min ago; Bybit: live order book, 2 min ago.

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, 22 min ago	2.80 bp	7.8 bp −$8	14.6 bp −$146	doesn't fit	doesn't fit
Sell Bybit live order book, 2 min ago	1.02 bp	10.9 bp −$11	28.5 bp −$285	159.5 bp −$15.9K	doesn't fit

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
Bitget COINUSDT	−0.0851%	8h	195.27	+0.149%	$6.3M	$10.6M	20x	as long as short
Injective COIN/USDC PERP	−0.0440%	1h	195.33	+0.180%	$43K	$48K	30x	as long as short
Gate COIN_USDT	−0.0128%	8h	195.17	+0.097%	$1.2M	$7.4M	50x	as long as short
Vest COIN-USD-PERP	−0.0113%	1h	194.41	−0.292%	—	$289K	25x	as long as short
Aster COINUSDT	0.0000%	8h	195.15	+0.085%	$340K	$890K	20x	as long as short
Extended COIN_24_5-USD	0.0000%	1h	195.05	+0.036%	$113K	$852K	10x	as long as short
Binance COINUSDT	0.0000%	8h	195.13	+0.075%	$14.6M	$81.2M	20x	as long as short
Bybit COINUSDTshort	0.0000%	8h	195.08	+0.051%	$4.7M	$6.2M	50x
OKX COIN-USDT-SWAP	0.0000%	8h	195.08	+0.051%	$3.0M	$4.7M	20x	as long as short
Variational Omni COIN	0.0000%	8h	195.11	+0.068%	$708K	$962K	—	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT COIN_USDT_Perp	0.0000%	8h	195.58	+0.309%	$15K	$2.6M	10x	as long as short
Lighter RH COIN	+0.0032%	1h	194.94	−0.021%	$455K	$1.5M	10x	as long as short
QFEX COIN-USD	+0.0038%	1h	195.12	+0.072%	$1.3M	$3.0M	10x	as long as short
Arcus COIN-USD	+0.0040%	1h	195.35	+0.190%	$15K	$54K	5x	as long as short
tradeXYZ xyz:COIN	+0.0050%	1h	194.84	−0.072%	$15.1M	$13.8M	10x	as long as short
Polymarket Perps COIN-USD	+0.0050%	1h	195.00	+0.010%	$131K	$1.4M	10x	as long as short
SoDEX COIN-USD	+0.0050%	1h	195.07	+0.046%	$80	$3K	10x	as long as short
Ondo Perps COIN-USD.P	+0.0050%	1h	194.98	0.000%	$363K	$2.8M	10x	as long as short
Phoenix COIN	+0.0082%	1h	195.57	+0.303%	$4K	$283K	10x	as long as short
KuCoin COINUSDTM	+0.0100%	8h	194.95	−0.015%	$982K	$143K	20x	as long as short
ApeX Omni COINUSDTlong	+0.0100%	1h	194.98	long leg	$88K	$287K	50x
Orderly PERP_COIN_USDC_mythos	+0.0100%	8h	195.09	+0.056%	$564	$4K	10x	as long as short
Lighter COIN	+0.0104%	1h	194.95	−0.014%	$354K	$2.2M	10x	as long as short
Aevo COIN-PERP	+0.0104%	1h	195.04	+0.029%	$115	—	10x	as long as short
BloFin COIN-USDT	+0.0120%	8h	195.09	+0.056%	$187K	$417K	20x	as long as short
edgeX COINUSDC	+0.0690%	4h	195.16	+0.092%	$50K	$294K	10x	as long as short