Funding you earn now, next payment 02:00 UTC−0.0328%/8h= −35.9% APRnext payment −$0.41 per $10,000 · paid last 24h +0.009%
Price spread now: Kraken Futures against Extended+0.010%7-day average +0.123% · you sell dearer than you buy
Net, funding: paid 7d − costs−$120as in the Funding arb table
Net, price: spread back to 7d avg − costs−$140as in the Price arb table
costs, in and out, $10k−$1291.289% of the position
Funding, last 7 days+0.091%+$9 on $10k
+Price spread, last 3 days (all we have)+0.348%+$35 · spread now +0.010%, 7d avg +0.123%
=Together, before fees+0.439%+ Points / potential airdropExtended: Active · farm board+$44 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Kraken Futures is 0.113% cheaper against Extended than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.123%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.091%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.091% in total (about 4.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.41 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended APE-USD | 0.1477 | 0.0104 | pay 0.0013% / 1h | 24m 52s | $4K | $206K | 10x |
| Short | Kraken Futures PF_APEUSD | 0.1477 | −0.0224 | pay 0.0028% / 1h | 24m 52s | $411K | $606K | 20x |
Extended APE-USD
Kraken Futures PF_APEUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Extended. 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
- −$68.79
- Price spread: +0.010% → +0.123%
- −$11.29
- Slippage, 4 orders
- −$113.88
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$208.96
- Costs to cover
- 1.289%
- Break-even
- never at this rate
Slippage from Extended: live order book, 42 min ago; Kraken Futures: live order book, 43 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 Extended live order book, 42 min ago | 5.73 bp | 27.9 bp −$28 | 194.3 bp −$1,943 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 43 min ago | 10.10 bp | 35.7 bp −$36 | 119.3 bp −$1,193 | doesn't fit | doesn't fit |
APE on 19 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_APEUSDshort | −0.0224% | 1h | 0.1477 | +0.010% | $411K | $606K | 20x | |
| GMX APE/USD [APE-USDC] | L −0.0178% / S +0.0185% | 1h | 0.1477 | +0.008% | $1K | — | 100x | as long as short |
| Reya APERUSDPERP | 0.0000% | 1h | 0.1235 | −16.360% | — | — | — | as long as short |
| Deribit APE_USDC-PERPETUAL | 0.0000% | 1h | 0.1477 | +0.026% | $11K | $18K | 25x | as long as short |
| dYdX APE-USD | +0.0005% | 1h | 0.1479 | +0.134% | $9K | $5 | 5x | as long as short |
| Injective APE/USDC PERP | +0.0033% | 1h | 0.1378 | −6.679% | $1K | $12K | 5.5x | as long as short |
| Hyperliquid APE | +0.0100% | 1h | 0.1478 | +0.101% | $1.3M | $378K | 5x | as long as short |
| Aster APEUSDT | +0.0100% | 8h | 0.1477 | +0.023% | $123K | $22K | 10x | as long as short |
| Binance APEUSDT | +0.0100% | 8h | 0.1477 | +0.013% | $4.1M | $6.6M | 50x | as long as short |
| Bybit APEUSDT | +0.0100% | 8h | 0.1477 | +0.033% | $3.7M | $3.0M | 50x | as long as short |
GMX APE/USD [APE-USDC]
Reya APERUSDPERP
Deribit APE_USDC-PERPETUAL
dYdX APE-USD
Injective APE/USDC PERP
Hyperliquid APE
Aster APEUSDT
Binance APEUSDT
Bybit APEUSDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX APE-USDT-SWAP | +0.0100% | 8h | 0.1477 | +0.033% | $1.3M | $1.4M | 20x | as long as short |
| Gate APE_USDT | +0.0100% | 8h | 0.1477 | +0.033% | $635K | $309K | 50x | as long as short |
| MEXC APE_USDT | +0.0100% | 8h | 0.1476 | −0.042% | $4.3M | $885K | 50x | as long as short |
| KuCoin APEUSDTM | +0.0100% | 8h | 0.1477 | +0.026% | $1.8M | $2.6M | 50x | as long as short |
| Bitget APEUSDT | +0.0100% | 8h | 0.1477 | +0.026% | $2.1M | $571K | 25x | as long as short |
| BingX APE-USDT | +0.0100% | 8h | 0.1477 | +0.026% | — | $13.1M | — | as long as short |
| Variational Omni APE | +0.0100% | 8h | 0.1479 | +0.142% | $8K | $12K | — | as long as short |
| Extended APE-USDlong | +0.0104% | 1h | 0.1477 | long leg | $4K | $206K | 10x | |
| Coinbase International APE-PERP-INTX | +0.0904% | 1h | 0.1484 | +0.500% | $100K | $7K | 25x | as long as short |
OKX APE-USDT-SWAP
Gate APE_USDT
MEXC APE_USDT
KuCoin APEUSDTM
Bitget APEUSDT
BingX APE-USDT
Variational Omni APE
Coinbase International APE-PERP-INTX