Funding you earn now, next payment 03:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.016%
Price spread now: ApeX Omni against OKX+0.112%7-day average −0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$420.419% of the position
Funding, last 7 days+0.093%+$9 on $10k
+Price spread, last 4 days (all we have)−0.127%−$13 · spread now +0.112%, 7d avg −0.019%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and ApeX Omni is 0.131% dearer against OKX than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.019%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX COIN-USDT-SWAP | 197.27 | 0 | get 0.0000% / 8h | 5h 49m | $3.1M | $4.6M | 20x |
| Short | ApeX Omni COINUSDT | 197.49 | 0.0100 | get 0.0013% / 1h | 49m 06s | $89K | $286K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against OKX. 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: +0.112% → −0.019%
- $13.07
- Slippage, 4 orders
- −$21.92
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$7.86
- Costs to cover
- 0.419%
- Break-even
- 9.6 days
Slippage from OKX: live order book, 3 min ago; ApeX Omni: live order book, 13 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 OKX live order book, 3 min ago | 2.02 bp | 12.6 bp −$13 | 22.0 bp −$220 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 13 min ago | 2.78 bp | 7.8 bp −$8 | 12.5 bp −$125 | doesn't fit | doesn't fit |
COIN 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget COINUSDT | −0.0737% | 8h | 197.26 | −0.005% | $6.3M | $10.1M | 20x | as long as short |
| Injective COIN/USDC PERP | −0.0440% | 1h | 197.19 | −0.041% | $43K | $48K | 30x | as long as short |
| Gate COIN_USDT | −0.0136% | 8h | 197.22 | −0.025% | $1.2M | $7.0M | 50x | as long as short |
| Vest COIN-USD-PERP | −0.0090% | 1h | 196.79 | −0.243% | — | $284K | 25x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 197.31 | +0.021% | $348K | $877K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 197.12 | −0.074% | $119K | $697K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 197.21 | −0.032% | $15.1M | $78.2M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 197.22 | −0.025% | $4.9M | $5.9M | 50x | as long as short |
| OKX COIN-USDT-SWAPlong | 0.0000% | 8h | 197.27 | long leg | $3.1M | $4.6M | 20x | |
| Variational Omni COIN | 0.0000% | 8h | 197.61 | +0.171% | $818K | $905K | — | as long as short |
Show all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 197.63 | +0.182% | $14K | $2.1M | 10x | as long as short |
| QFEX COIN-USD | +0.0016% | 1h | 197.25 | −0.010% | $1.3M | $3.5M | 10x | as long as short |
| Lighter COIN | +0.0032% | 1h | 197.18 | −0.048% | $367K | $2.0M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 197.16 | −0.056% | $449K | $1.5M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 197.45 | +0.091% | $15K | $54K | 5x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 197.13 | −0.071% | $15.6M | $13.4M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 197.22 | −0.025% | $125K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 197.19 | −0.041% | $89 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 197.06 | −0.106% | $351K | $3.0M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 197.18 | −0.046% | $993K | $143K | 20x | as long as short |
| ApeX Omni COINUSDTshort | +0.0100% | 1h | 197.49 | +0.112% | $89K | $286K | 50x | |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 197.19 | −0.041% | $570 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 197.18 | −0.044% | $116 | — | 10x | as long as short |
| edgeX COINUSDC | +0.0114% | 4h | 197.30 | +0.017% | $51K | $294K | 10x | as long as short |
| Phoenix COIN | +0.0162% | 1h | 197.44 | +0.086% | $5K | $281K | 10x | as long as short |
OKX COIN-USDT-SWAP
ApeX Omni COINUSDT
Bitget COINUSDT
Injective COIN/USDC PERP
Gate COIN_USDT
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
Variational Omni COIN
GRVT COIN_USDT_Perp
Lighter COIN
Lighter RH COIN
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
SoDEX COIN-USD
KuCoin COINUSDTM
edgeX COINUSDC
Phoenix COIN