Funding you earn now, next payment 06:00 UTC−0.0061%/8h= −6.7% APRnext payment −$0.08 per $10,000 · paid last 24h +0.039%
Price spread now: Kraken Futures against dYdX+0.111%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 6 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
The price spread pays, funding is against you. Kraken Futures is 0.111% dearer against dYdX than usual: you sell high and buy low (spread +0.111% now, against zero (this spread has no 7-day history yet)): +$11 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 6.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX APE-USD | 0.1466 | 0.0088 | pay 0.0011% / 1h | 36m 23s | $9K | $5 | 5x |
| Short | Kraken Futures PF_APEUSD | 0.1467 | 0.0027 | get 0.0003% / 1h | 36m 23s | $400K | $660K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against dYdX. 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
- −$12.85
- Price spread: +0.111% → 0.000%
- $11.06
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$21.79
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: dYdX: no order-book sample; Kraken Futures: live order book, 12 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 dYdX no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 12 min ago | 10.13 bp | 26.0 bp −$26 | 87.6 bp −$876 | doesn't fit | doesn't fit |
dYdX: 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 | 0.1467 | +0.070% | $1K | — | 100x | as long as short |
| Reya APERUSDPERP | 0.0000% | 1h | 0.1235 | −15.743% | — | — | — | as long as short |
| Kraken Futures PF_APEUSDshort | +0.0027% | 1h | 0.1467 | +0.111% | $400K | $660K | 20x | |
| Injective APE/USDC PERP | +0.0033% | 1h | 0.1378 | −5.989% | $1K | $12K | 5.5x | as long as short |
| dYdX APE-USDlong | +0.0088% | 1h | 0.1466 | long leg | $9K | $5 | 5x | |
| Hyperliquid APE | +0.0100% | 1h | 0.1470 | +0.301% | $1.3M | $385K | 5x | as long as short |
| Aster APEUSDT | +0.0100% | 8h | 0.1467 | +0.108% | $122K | $20K | 10x | as long as short |
| Binance APEUSDT | +0.0100% | 8h | 0.1468 | +0.151% | $4.1M | $7.0M | 50x | as long as short |
| Bybit APEUSDT | +0.0100% | 8h | 0.1467 | +0.089% | $3.6M | $3.1M | 50x | as long as short |
| OKX APE-USDT-SWAP | +0.0100% | 8h | 0.1467 | +0.110% | $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 | 0.1466 | +0.014% | $629K | $313K | 50x | as long as short |
| MEXC APE_USDT | +0.0100% | 8h | 0.1468 | +0.151% | $4.3M | $864K | 50x | as long as short |
| KuCoin APEUSDTM | +0.0100% | 8h | 0.1466 | +0.014% | $1.8M | $3.5M | 50x | as long as short |
| Bitget APEUSDT | +0.0100% | 8h | 0.1467 | +0.083% | $2.1M | $593K | 25x | as long as short |
| BingX APE-USDT | +0.0100% | 8h | 0.1467 | +0.083% | — | $13.1M | — | as long as short |
| Variational Omni APE | +0.0100% | 8h | 0.1466 | −0.001% | $7K | $12K | — | as long as short |
| BloFin APE-USDT | +0.0104% | 8h | 0.1469 | +0.219% | $218K | $58K | 75x | as long as short |
| Extended APE-USD | +0.0104% | 1h | 0.1467 | +0.072% | $5K | $208K | 10x | as long as short |
| Deribit APE_USDC-PERPETUAL | +0.0432% | 1h | 0.1468 | +0.151% | $9K | $21K | 25x | as long as short |
| Coinbase International APE-PERP-INTX | +0.0936% | 1h | 0.1471 | +0.355% | $99K | $8K | 25x | as long as short |
Kraken Futures PF_APEUSD
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
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