Funding you earn now, next payment 09:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h −0.041%
Price spread now: KuCoin against Deribit+0.137%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.137% dearer against Deribit than usual: you sell high and buy low: +$14 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit APE_USDC-PERPETUAL | 0.1463 | 0 | get 0.0000% / 1h | 54m 42s | $5K | $24K | 25x |
| Short | KuCoin APEUSDTM | 0.1465 | 0.0100 | get 0.0100% / 8h | 7h 54m | $1.8M | $4.1M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Deribit. 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: +0.137% → 0.000%
- $13.67
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $15.67
- Costs to cover
- 0.190%
- Break-even
- 1.8 days
Slippage unknown: Deribit: no order-book sample; KuCoin: live order book, 3 min ago. Net counts fees only.
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 Deribit no order-book sample | — | — | — | — | — |
| Sell KuCoin live order book, 3 min ago | 6.81 bp | 53.6 bp −$54 | 169.4 bp −$1,694 | doesn't fit | doesn't fit |
Deribit: 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.
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 | 0.1463 | −0.001% | $1K | — | 100x | as long as short |
| dYdX APE-USD | 0.0000% | 1h | 0.1463 | +0.022% | $9K | — | 5x | as long as short |
| Reya APERUSDPERP | 0.0000% | 1h | 0.1235 | −15.582% | — | — | — | as long as short |
| Deribit APE_USDC-PERPETUALlong | 0.0000% | 1h | 0.1463 | long leg | $5K | $24K | 25x | |
| Injective APE/USDC PERP | +0.0033% | 1h | 0.1378 | −5.810% | $1K | $12K | 5.5x | as long as short |
| Hyperliquid APE | +0.0100% | 1h | 0.1467 | +0.294% | $1.3M | $374K | 5x | as long as short |
| Aster APEUSDT | +0.0100% | 8h | 0.1466 | +0.177% | $122K | $20K | 10x | as long as short |
| Binance APEUSDT | +0.0100% | 8h | 0.1466 | +0.177% | $4.1M | $7.3M | 50x | as long as short |
| Bybit APEUSDT | +0.0100% | 8h | 0.1465 | +0.150% | $3.6M | $2.9M | 50x | as long as short |
| OKX APE-USDT-SWAP | +0.0100% | 8h | 0.1465 | +0.123% | $1.3M | $1.5M | 20x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate APE_USDT | +0.0100% | 8h | 0.1465 | +0.144% | $634K | $306K | 50x | as long as short |
| MEXC APE_USDT | +0.0100% | 8h | 0.1465 | +0.137% | $4.2M | $759K | 50x | as long as short |
| KuCoin APEUSDTMshort | +0.0100% | 8h | 0.1465 | +0.137% | $1.8M | $4.1M | 50x | |
| Bitget APEUSDT | +0.0100% | 8h | 0.1466 | +0.205% | $2.1M | $606K | 25x | as long as short |
| BingX APE-USDT | +0.0100% | 8h | 0.1465 | +0.137% | — | $13.0M | — | as long as short |
| Variational Omni APE | +0.0100% | 8h | 0.1465 | +0.144% | $5K | $14K | — | as long as short |
| Extended APE-USD | +0.0104% | 1h | 0.1465 | +0.157% | $6K | $208K | 10x | as long as short |
| BloFin APE-USDT | +0.0120% | 8h | 0.1464 | +0.068% | $217K | $59K | 75x | as long as short |
| Kraken Futures PF_APEUSD | +0.0357% | 1h | 0.1465 | +0.127% | $399K | $695K | 20x | as long as short |
| Coinbase International APE-PERP-INTX | +0.1104% | 1h | 0.1484 | +1.435% | $100K | $8K | 25x | as long as short |
Deribit APE_USDC-PERPETUAL
KuCoin APEUSDTM
GMX APE/USD [APE-USDC]
Injective APE/USDC PERP
Hyperliquid APE
Aster APEUSDT
Binance APEUSDT
Bybit APEUSDT
OKX APE-USDT-SWAP
Gate APE_USDT
MEXC APE_USDT
Bitget APEUSDT
BingX APE-USDT
Variational Omni APE
Extended APE-USD
BloFin APE-USDT
Kraken Futures PF_APEUSD
Coinbase International APE-PERP-INTX