Funding you earn now, next payment 01:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h −0.005%
Price spread now: ApeX Omni against Extended+0.127%92s7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$23as 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−$350.349% of the position
Funding, last 7 days+0.122%+$12 on $10k
+Price spread, last 3 days (all we have)−0.195%−$19 · spread now +0.127%, 7d avg +0.014%
=Together, before fees−0.073%+ Points / potential airdropExtended: Active · farm board−$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and ApeX Omni is 0.113% dearer against Extended than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.014%. The two prices were read 92 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 | Extended COIN_24_5-USD | 201.49 | 0 | get 0.0000% / 1h | 21m 51s | $120K | $772K | 10x |
| Short | ApeX Omni COINUSDT | 201.75 | 0.0100 | get 0.0013% / 1h | 21m 51s | $91K | $287K | 50x |
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 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: +0.127% → +0.014%
- $11.35
- Slippage, 4 orders
- −$19.94
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$2.59
- Costs to cover
- 0.349%
- Break-even
- 7.9 days
Slippage from Extended: live order book, 51 min ago; ApeX Omni: live order book, 50 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 Extended live order book, 51 min ago | 1.24 bp | 8.9 bp −$9 | 69.7 bp −$697 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 50 min ago | 2.72 bp | 8.5 bp −$9 | 15.0 bp −$150 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective COIN/USDC PERP | −0.0440% | 1h | 201.70 | +0.102% | $44K | $48K | 30x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 201.65 | +0.078% | $369K | $840K | 20x | as long as short |
| Extended COIN_24_5-USDlong | 0.0000% | 1h | 201.49 | long leg | $120K | $772K | 10x | |
| Binance COINUSDT | 0.0000% | 8h | 201.54 | +0.023% | $15.7M | $75.0M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 201.57 | +0.038% | $5.0M | $5.9M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 201.58 | +0.043% | $3.3M | $4.5M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 201.59 | +0.048% | $1.3M | $6.8M | 50x | as long as short |
| Bitget COINUSDT | 0.0000% | 8h | 201.64 | +0.072% | $6.8M | $9.1M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 201.85 | +0.177% | $839K | $1.0M | — | as long as short |
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 201.83 | +0.167% | $20K | $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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX COIN-USD | +0.0021% | 1h | 201.49 | −0.002% | $1.4M | $3.8M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 201.50 | +0.003% | $434K | $1.5M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 201.80 | +0.152% | $16K | $53K | 5x | as long as short |
| Vest COIN-USD-PERP | +0.0046% | 1h | 201.38 | −0.057% | — | $286K | 25x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 201.47 | −0.012% | $16.5M | $12.2M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 201.38 | −0.057% | $129K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 201.50 | +0.003% | $94 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 201.36 | −0.067% | $358K | $3.3M | 10x | as long as short |
| Lighter COIN | +0.0080% | 1h | 201.51 | +0.007% | $375K | $1.8M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 201.70 | +0.102% | $1.0M | $120K | 20x | as long as short |
| ApeX Omni COINUSDTshort | +0.0100% | 1h | 201.75 | +0.127% | $91K | $287K | 50x | |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 201.59 | +0.048% | $583 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 201.52 | +0.011% | $119 | — | 10x | as long as short |
| edgeX COINUSDC | +0.0117% | 4h | 201.84 | +0.170% | $52K | $293K | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 201.70 | +0.102% | $199K | $338K | 20x | as long as short |
| Phoenix COIN | +0.0237% | 1h | 201.82 | +0.162% | $5K | $279K | 10x | as long as short |
Extended COIN_24_5-USD
ApeX Omni COINUSDT
Injective COIN/USDC PERP
Aster COINUSDT
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Gate COIN_USDT
Bitget COINUSDT
Variational Omni COIN
GRVT COIN_USDT_Perp
Lighter RH COIN
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
SoDEX COIN-USD
Lighter COIN
KuCoin COINUSDTM
edgeX COINUSDC
BloFin COIN-USDT
Phoenix COIN