Settings8H · net · $10k
Funding arb · Price arb /

COIN

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Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.009%
Price spread now: ApeX Omni against SoDEX+0.163%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and ApeX Omni is 0.163% dearer against SoDEX than usual: you sell high and buy low: +$16 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX COIN-USD196.660.0050pay 0.0006% / 1h38m 23s$81$3K10x
ShortApeX Omni COINUSDT196.980.0100get 0.0013% / 1h38m 23s$89K$287K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against SoDEX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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

Profit calculator

Funding earned
$10.5
Price spread: +0.163% → 0.000%
$16.27
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
$8.77
Costs to cover
0.180%
Break-even
1.2 days
Slippage unknown: SoDEX: no order-book sample; ApeX Omni: live order book, 14 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SoDEX no order-book sample
Sell ApeX Omni live order book, 14 min ago2.79 bp7.8 bp −$813.0 bp −$130doesn't fitdoesn't fit
SoDEX: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget COINUSDT−0.0693%8h196.80+0.071%$6.3M$10.4M20xas long as short
Injective COIN/USDC PERP−0.0440%1h196.76+0.051%$43K$48K30xas long as short
Gate COIN_USDT−0.0224%8h196.71+0.025%$1.2M$7.3M50xas long as short
Vest COIN-USD-PERP−0.0110%1h196.04−0.315%$266K25xas long as short
Aster COINUSDT0.0000%8h196.76+0.051%$343K$890K20xas long as short
Extended COIN_24_5-USD0.0000%1h196.66+0.003%$116K$690K10xas long as short
Binance COINUSDT0.0000%8h196.75+0.046%$14.7M$79.9M20xas long as short
Bybit COINUSDT0.0000%8h196.80+0.071%$4.8M$6.0M50xas long as short
OKX COIN-USDT-SWAP0.0000%8h196.71+0.025%$3.0M$4.6M20xas long as short
Variational Omni COIN0.0000%8h196.74+0.041%$684K$939Kas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT COIN_USDT_Perp0.0000%8h196.77+0.054%$10K$2.4M10xas long as short
QFEX COIN-USD+0.0020%1h196.55−0.056%$1.3M$3.2M10xas long as short
Lighter RH COIN+0.0032%1h196.61−0.025%$451K$1.5M10xas long as short
Arcus COIN-USD+0.0040%1h196.90+0.122%$15K$55K5xas long as short
tradeXYZ xyz:COIN+0.0050%1h196.57−0.046%$15.4M$13.6M10xas long as short
Polymarket Perps COIN-USD+0.0050%1h196.52−0.071%$134K$1.2M10xas long as short
SoDEX COIN-USDlong+0.0050%1h196.66long leg$81$3K10x
Ondo Perps COIN-USD.P+0.0050%1h196.51−0.076%$350K$2.7M10xas long as short
edgeX COINUSDC+0.0061%4h196.73+0.035%$51K$294K10xas long as short
KuCoin COINUSDTM+0.0100%8h196.65−0.005%$992K$143K20xas long as short
ApeX Omni COINUSDTshort+0.0100%1h196.98+0.163%$89K$287K50x
Orderly PERP_COIN_USDC_mythos+0.0100%8h196.64−0.010%$569$4K10xas long as short
Aevo COIN-PERP+0.0104%1h196.66−0.002%$11610xas long as short
Lighter COIN+0.0112%1h196.63−0.013%$339K$2.0M10xas long as short
BloFin COIN-USDT+0.0120%8h196.73+0.036%$188K$392K20xas long as short
Phoenix COIN+0.0122%1h196.84+0.092%$4K$283K10xas long as short