Funding you earn now, next payment 07:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.13 per $10,000 · paid last 24h −0.002%
Price spread now: Extended against ApeX Omni−0.059%52s7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$340.341% of the position
Funding, last 7 days−0.122%−$12 on $10k
+Price spread, last 4 days (all we have)+0.127%+$13 · spread now −0.059%, 7d avg −0.013%
=Together, before fees+0.005%+ Points / potential airdropExtended: Active · farm board$0 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Extended is 0.046% cheaper against ApeX Omni than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.013%). Swap the legs. The two prices were read 52 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 | 195.49 | 0.0100 | pay 0.0013% / 1h | 40m 24s | $88K | $287K | 50x |
| Short | Extended COIN_24_5-USD | 195.37 | 0 | get 0.0000% / 1h | 40m 24s | $112K | $818K | 10x |
ApeX Omni COINUSDT
Extended COIN_24_5-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$21
- Price spread: −0.059% → −0.013%
- −$4.63
- Slippage, 4 orders
- −$19.06
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$59.68
- Costs to cover
- 0.341%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 2 min ago; Extended: 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 ApeX Omni live order book, 2 min ago | 2.82 bp | 7.8 bp −$8 | 11.0 bp −$110 | doesn't fit | doesn't fit |
| Sell Extended live order book, 3 min ago | 1.02 bp | 9.0 bp −$9 | 75.1 bp −$751 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget COINUSDT | −0.0688% | 8h | 195.58 | +0.046% | $6.3M | $10.7M | 20x | as long as short |
| Injective COIN/USDC PERP | −0.0440% | 1h | 195.60 | +0.056% | $43K | $48K | 30x | as long as short |
| Vest COIN-USD-PERP | −0.0102% | 1h | 194.80 | −0.353% | — | $289K | 25x | as long as short |
| Gate COIN_USDT | −0.0015% | 8h | 195.39 | −0.051% | $1.2M | $7.4M | 50x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 195.49 | 0.000% | $341K | $890K | 20x | as long as short |
| Extended COIN_24_5-USDshort | 0.0000% | 1h | 195.37 | −0.059% | $112K | $818K | 10x | |
| Binance COINUSDT | 0.0000% | 8h | 195.39 | −0.052% | $15.0M | $82.3M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 195.32 | −0.087% | $4.7M | $6.2M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 195.32 | −0.087% | $3.0M | $4.7M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 195.45 | −0.020% | $708K | $959K | — | as long as short |
Bitget COINUSDT
Injective COIN/USDC PERP
Vest COIN-USD-PERP
Gate COIN_USDT
Aster COINUSDT
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Variational Omni COINShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 195.68 | +0.096% | $16K | $2.7M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 195.40 | −0.046% | $460K | $1.5M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 195.63 | +0.072% | $15K | $54K | 5x | as long as short |
| QFEX COIN-USD | +0.0045% | 1h | 195.43 | −0.031% | $1.3M | $3.0M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 195.30 | −0.097% | $129K | $1.4M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 195.44 | −0.026% | $82 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 195.22 | −0.138% | $447K | $2.9M | 10x | as long as short |
| tradeXYZ xyz:COIN | +0.0092% | 1h | 195.28 | −0.107% | $15.2M | $13.9M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 195.29 | −0.102% | $984K | $137K | 20x | as long as short |
| ApeX Omni COINUSDTlong | +0.0100% | 1h | 195.49 | long leg | $88K | $287K | 50x | |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 195.31 | −0.092% | $565 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 195.29 | −0.103% | $115 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 195.50 | +0.005% | $188K | $423K | 20x | as long as short |
| Lighter COIN | +0.0144% | 1h | 195.40 | −0.045% | $362K | $2.3M | 10x | as long as short |
| Phoenix COIN | +0.0163% | 1h | 195.44 | −0.026% | $4K | $283K | 10x | as long as short |
| edgeX COINUSDC | +0.0872% | 4h | 195.49 | 0.000% | $50K | $296K | 10x | as long as short |
GRVT COIN_USDT_Perp
Lighter RH COIN
Arcus COIN-USD
QFEX COIN-USD
Polymarket Perps COIN-USD
SoDEX COIN-USD
Ondo Perps COIN-USD.P
tradeXYZ xyz:COIN
KuCoin COINUSDTM
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
BloFin COIN-USDT
Lighter COIN
Phoenix COIN
edgeX COINUSDC