APE

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0212%/8h= −23.3% APRnext payment −$0.27 per $10,000 · paid last 24h +0.025%

Price spread now: Kraken Futures against Injective+6.754%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Injective Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 4 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 6.754% dearer against Injective than usual: you sell high and buy low (spread +6.754% now, against zero (this spread has no 7-day history yet)): +$675 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 4 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective APE/USDC PERP	0.1378	0.0033	pay 0.0004% / 1h	39m 01s	$1K	$12K	5.5x
Short	Kraken Futures PF_APEUSD	0.1471	−0.0179	pay 0.0022% / 1h	39m 01s	$407K	$602K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Injective. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee InjectivebpFee Kraken FuturesbpOrdersPrice spread, now +6.754%Rate

Funding earned: −$44.61
Price spread: +6.754% → 0.000%: $675.42
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $620.79
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Injective: no order-book sample; Kraken Futures: live order book, 24 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 Injective no order-book sample	—	—	—	—	—
Sell Kraken Futures live order book, 24 min ago	13.57 bp	30.2 bp −$30	97.0 bp −$970	doesn't fit	doesn't fit

Injective: 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
Kraken Futures PF_APEUSDshort	−0.0179%	1h	0.1471	+6.754%	$407K	$602K	20x
GMX APE/USD [APE-USDC]	L −0.0178% / S +0.0185%	1h	0.1472	+6.790%	$1K	—	100x	as long as short
Reya APERUSDPERP	0.0000%	1h	0.1235	−10.376%	—	—	—	as long as short
Injective APE/USDC PERPlong	+0.0033%	1h	0.1378	long leg	$1K	$12K	5.5x
dYdX APE-USD	+0.0064%	1h	0.1473	+6.880%	$9K	$5	5x	as long as short
Hyperliquid APE	+0.0100%	1h	0.1474	+7.003%	$1.3M	$372K	5x	as long as short
Aster APEUSDT	+0.0100%	8h	0.1473	+6.923%	$122K	$21K	10x	as long as short
Binance APEUSDT	+0.0100%	8h	0.1472	+6.852%	$4.1M	$6.6M	50x	as long as short
Bybit APEUSDT	+0.0100%	8h	0.1472	+6.858%	$3.6M	$3.0M	50x	as long as short
OKX APE-USDT-SWAP	+0.0100%	8h	0.1471	+6.778%	$1.3M	$1.4M	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	0.1473	+6.901%	$635K	$307K	50x	as long as short
MEXC APE_USDT	+0.0100%	8h	0.1472	+6.821%	$4.3M	$849K	50x	as long as short
KuCoin APEUSDTM	+0.0100%	8h	0.1473	+6.894%	$1.8M	$2.7M	50x	as long as short
Bitget APEUSDT	+0.0100%	8h	0.1473	+6.894%	$2.1M	$549K	25x	as long as short
BingX APE-USDT	+0.0100%	8h	0.1472	+6.821%	—	$13.1M	—	as long as short
Variational Omni APE	+0.0100%	8h	0.1474	+6.982%	$8K	$12K	—	as long as short
Extended APE-USD	+0.0104%	1h	0.1473	+6.866%	$8K	$205K	10x	as long as short
BloFin APE-USDT	+0.0117%	8h	0.1472	+6.821%	$220K	$54K	75x	as long as short
Deribit APE_USDC-PERPETUAL	+0.0429%	1h	0.1473	+6.894%	$11K	$18K	25x	as long as short
Coinbase International APE-PERP-INTX	+0.0880%	1h	0.1482	+7.547%	$100K	$7K	25x	as long as short