Funding you earn now, next payment 02:00 UTC−0.0780%/8h= −85.4% APRpaid last 24h −0.191%
Price spread now: KuCoin against Coinbase International−0.135%7-day average — · you buy dearer than you sell
Net, funding: paid 7d − costs−$239as in the Funding arb table
Net, price: spread back to 7d avg − costs−$188as in the Price arb table
costs, in and out, $10k−$1741.740% of the position
Funding, last 7 days−0.647%−$65 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$23 a day on $10k at the current rate, and KuCoin is 0.135% cheaper against Coinbase International than usual: you would sell low and buy high (−$14 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International APE-PERP-INTX | 0.1479 | 0.0880 | pay 0.0110% / 1h | 34m 09s | $100K | $8K | 25x |
| Short | KuCoin APEUSDTM | 0.1477 | 0.0100 | get 0.0100% / 8h | 5h 34m | $1.8M | $2.8M | 50x |
Coinbase International APE-PERP-INTX
KuCoin APEUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Coinbase International. 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
- −$163.8
- Price spread: −0.135% → 0.000%
- −$13.52
- Slippage, 4 orders
- −$151.98
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$351.3
- Costs to cover
- 1.740%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 89 min ago; KuCoin: 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 Coinbase International live order book, 89 min ago | 13.51 bp | 18.5 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 6.78 bp | 66.2 bp −$66 | 152.8 bp −$1,528 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_APEUSD | −0.0178% | 1h | 0.1477 | −0.134% | $409K | $604K | 20x | as long as short |
| GMX APE/USD [APE-USDC] | L −0.0178% / S +0.0185% | 1h | 0.1478 | −0.093% | $1K | — | 100x | as long as short |
| Reya APERUSDPERP | 0.0000% | 1h | 0.1235 | −16.496% | — | — | — | as long as short |
| Injective APE/USDC PERP | +0.0033% | 1h | 0.1378 | −6.829% | $1K | $12K | 5.5x | as long as short |
| dYdX APE-USD | +0.0052% | 1h | 0.1477 | −0.118% | $9K | $5 | 5x | as long as short |
| BloFin APE-USDT | +0.0071% | 8h | 0.1482 | +0.203% | $222K | $54K | 75x | as long as short |
| Hyperliquid APE | +0.0100% | 1h | 0.1480 | +0.041% | $1.3M | $372K | 5x | as long as short |
| Aster APEUSDT | +0.0100% | 8h | 0.1478 | −0.079% | $123K | $21K | 10x | as long as short |
| Binance APEUSDT | +0.0100% | 8h | 0.1478 | −0.047% | $4.1M | $6.6M | 50x | as long as short |
| Bybit APEUSDT | +0.0100% | 8h | 0.1478 | −0.041% | $3.7M | $3.0M | 50x | as long as short |
Kraken Futures PF_APEUSD
GMX APE/USD [APE-USDC]
Reya APERUSDPERP
Injective APE/USDC PERP
dYdX APE-USD
BloFin APE-USDT
Hyperliquid APE
Aster APEUSDT
Binance APEUSDT
Bybit APEUSDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX APE-USDT-SWAP | +0.0100% | 8h | 0.1477 | −0.149% | $1.3M | $1.4M | 20x | as long as short |
| Gate APE_USDT | +0.0100% | 8h | 0.1477 | −0.122% | $636K | $307K | 50x | as long as short |
| MEXC APE_USDT | +0.0100% | 8h | 0.1477 | −0.135% | $4.3M | $849K | 50x | as long as short |
| KuCoin APEUSDTMshort | +0.0100% | 8h | 0.1477 | −0.135% | $1.8M | $2.8M | 50x | |
| Bitget APEUSDT | +0.0100% | 8h | 0.1478 | −0.068% | $2.1M | $545K | 25x | as long as short |
| BingX APE-USDT | +0.0100% | 8h | 0.1478 | −0.068% | — | $13.1M | — | as long as short |
| Variational Omni APE | +0.0100% | 8h | 0.1476 | −0.195% | $8K | $12K | — | as long as short |
| Extended APE-USD | +0.0104% | 1h | 0.1477 | −0.105% | $8K | $205K | 10x | as long as short |
| Deribit APE_USDC-PERPETUAL | +0.0427% | 1h | 0.1478 | −0.068% | $11K | $18K | 25x | as long as short |
| Coinbase International APE-PERP-INTXlong | +0.0880% | 1h | 0.1479 | long leg | $100K | $8K | 25x |
OKX APE-USDT-SWAP
Gate APE_USDT
MEXC APE_USDT
Bitget APEUSDT
BingX APE-USDT
Variational Omni APE
Extended APE-USD
Deribit APE_USDC-PERPETUAL