Funding you earn now, next payment 06:00 UTC−0.0073%/8h= −8.0% APRpaid last 24h +0.022%
Price spread now: Kraken Futures against Bybit+0.077%7-day average +0.092% · you sell dearer than you buy
Net, funding: paid 7d − costs−$111as in the Funding arb table
Net, price: spread back to 7d avg − costs−$116as in the Price arb table
costs, in and out, $10k−$1151.146% of the position
Funding, last 7 days+0.038%+$4 on $10k
+Price spread, last 4 days (all we have)+0.203%+$20 · spread now +0.077%, 7d avg +0.092%
=The price spread sits at its 7-day average of +0.092%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit APEUSDT | 0.1467 | 0.0100 | pay 0.0100% / 8h | 2h 36m | $3.6M | $3.1M | 50x |
| Short | Kraken Futures PF_APEUSD | 0.1468 | 0.0027 | get 0.0003% / 1h | 36m 53s | $401K | $660K | 20x |
Bybit APEUSDT
Kraken Futures PF_APEUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Bybit. 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
- −$15.28
- Price spread: +0.077% → +0.092%
- −$1.54
- Slippage, 4 orders
- −$93.61
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$131.44
- Costs to cover
- 1.146%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 6 min ago; Kraken Futures: live order book, 11 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 Bybit live order book, 6 min ago | 2.72 bp | 24.7 bp −$25 | 55.8 bp −$558 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 11 min ago | 10.13 bp | 26.0 bp −$26 | 87.6 bp −$876 | doesn't fit | doesn't fit |
APE on 20 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX APE/USD [APE-USDC] | L −0.0178% / S +0.0185% | 1h | 0.1467 | −0.022% | $1K | — | 100x | as long as short |
| Reya APERUSDPERP | 0.0000% | 1h | 0.1235 | −15.817% | — | — | — | as long as short |
| Kraken Futures PF_APEUSDshort | +0.0027% | 1h | 0.1468 | +0.077% | $401K | $660K | 20x | |
| Injective APE/USDC PERP | +0.0033% | 1h | 0.1378 | −6.073% | $1K | $12K | 5.5x | as long as short |
| dYdX APE-USD | +0.0092% | 1h | 0.1466 | −0.089% | $9K | $5 | 5x | as long as short |
| Hyperliquid APE | +0.0100% | 1h | 0.1471 | +0.273% | $1.3M | $385K | 5x | as long as short |
| Aster APEUSDT | +0.0100% | 8h | 0.1467 | +0.025% | $122K | $20K | 10x | as long as short |
| Binance APEUSDT | +0.0100% | 8h | 0.1468 | +0.061% | $4.1M | $7.0M | 50x | as long as short |
| Bybit APEUSDTlong | +0.0100% | 8h | 0.1467 | long leg | $3.6M | $3.1M | 50x | |
| OKX APE-USDT-SWAP | +0.0100% | 8h | 0.1469 | +0.095% | $1.3M | $1.5M | 20x | as long as short |
GMX APE/USD [APE-USDC]
Reya APERUSDPERP
Injective APE/USDC PERP
dYdX APE-USD
Hyperliquid APE
Aster APEUSDT
Binance APEUSDT
OKX APE-USDT-SWAPShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate APE_USDT | +0.0100% | 8h | 0.1466 | −0.075% | $629K | $313K | 50x | as long as short |
| MEXC APE_USDT | +0.0100% | 8h | 0.1468 | +0.061% | $4.3M | $864K | 50x | as long as short |
| KuCoin APEUSDTM | +0.0100% | 8h | 0.1467 | −0.007% | $1.8M | $3.5M | 50x | as long as short |
| Bitget APEUSDT | +0.0100% | 8h | 0.1467 | −0.007% | $2.1M | $593K | 25x | as long as short |
| BingX APE-USDT | +0.0100% | 8h | 0.1467 | −0.007% | — | $13.1M | — | as long as short |
| Variational Omni APE | +0.0100% | 8h | 0.1466 | −0.090% | $7K | $12K | — | as long as short |
| BloFin APE-USDT | +0.0104% | 8h | 0.1469 | +0.130% | $218K | $58K | 75x | as long as short |
| Extended APE-USD | +0.0104% | 1h | 0.1468 | +0.035% | $5K | $208K | 10x | as long as short |
| Deribit APE_USDC-PERPETUAL | +0.0432% | 1h | 0.1468 | +0.061% | $9K | $21K | 25x | as long as short |
| Coinbase International APE-PERP-INTX | +0.0936% | 1h | 0.1469 | +0.130% | $99K | $8K | 25x | as long as short |
Gate APE_USDT
MEXC APE_USDT
KuCoin APEUSDTM
Bitget APEUSDT
BingX APE-USDT
Variational Omni APE
BloFin APE-USDT
Extended APE-USD
Deribit APE_USDC-PERPETUAL
Coinbase International APE-PERP-INTX