Funding you earn now, next payment 04:00 UTC−0.0104%/8h= −11.4% APRnext payment −$0.13 per $10,000 · paid last 24h +0.188%
Price spread now: Coinbase International against Kraken Futures+0.104%7-day average — · you sell dearer than you buy
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$910.910% of the position
Funding, last 7 days+0.651%+$65 on $10k
+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. Coinbase International is 0.104% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.104% now, against zero (this spread has no 7-day history yet)): +$10 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.3 days. Mind the row above: over the last 7 days funding on this pair paid +0.651%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_APEUSD | 0.1474 | 0.0984 | pay 0.0123% / 1h | 56m 13s | $406K | $617K | 20x |
| Short | Coinbase International APE-PERP-INTX | 0.1476 | 0.0880 | get 0.0110% / 1h | 56m 13s | $100K | $8K | 25x |
Kraken Futures PF_APEUSD
Coinbase International APE-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Kraken Futures. 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
- −$21.88
- Price spread: +0.104% → 0.000%
- $10.43
- Slippage, 4 orders
- −$71.02
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$102.47
- Costs to cover
- 0.910%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 62 min ago; Coinbase International: live order book, 82 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 Kraken Futures live order book, 62 min ago | 10.23 bp | 18.4 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 82 min ago | 16.81 bp | 28.5 bp −$28 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX APE/USD [APE-USDC] | L −0.0178% / S +0.0185% | 1h | 0.1471 | −0.246% | $1K | — | 100x | as long as short |
| Reya APERUSDPERP | 0.0000% | 1h | 0.1235 | −16.238% | — | — | — | as long as short |
| Injective APE/USDC PERP | +0.0033% | 1h | 0.1378 | −6.542% | $1K | $12K | 5.5x | as long as short |
| BloFin APE-USDT | +0.0091% | 8h | 0.1473 | −0.099% | $218K | $57K | 75x | as long as short |
| Hyperliquid APE | +0.0100% | 1h | 0.1472 | −0.174% | $1.3M | $367K | 5x | as long as short |
| Aster APEUSDT | +0.0100% | 8h | 0.1471 | −0.249% | $123K | $22K | 10x | as long as short |
| Binance APEUSDT | +0.0100% | 8h | 0.1472 | −0.167% | $4.1M | $6.7M | 50x | as long as short |
| Bybit APEUSDT | +0.0100% | 8h | 0.1472 | −0.194% | $3.6M | $3.0M | 50x | as long as short |
| OKX APE-USDT-SWAP | +0.0100% | 8h | 0.1472 | −0.167% | $1.3M | $1.4M | 20x | as long as short |
| Gate APE_USDT | +0.0100% | 8h | 0.1471 | −0.255% | $634K | $305K | 50x | as long as short |
GMX APE/USD [APE-USDC]
Reya APERUSDPERP
Injective APE/USDC PERP
BloFin APE-USDT
Hyperliquid APE
Aster APEUSDT
Binance APEUSDT
Bybit APEUSDT
OKX APE-USDT-SWAP
Gate APE_USDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC APE_USDT | +0.0100% | 8h | 0.1470 | −0.303% | $4.4M | $862K | 50x | as long as short |
| KuCoin APEUSDTM | +0.0100% | 8h | 0.1471 | −0.235% | $1.8M | $3.2M | 50x | as long as short |
| Bitget APEUSDT | +0.0100% | 8h | 0.1472 | −0.167% | $2.1M | $554K | 25x | as long as short |
| BingX APE-USDT | +0.0100% | 8h | 0.1472 | −0.167% | — | $13.1M | — | as long as short |
| Variational Omni APE | +0.0100% | 8h | 0.1472 | −0.171% | $8K | $12K | — | as long as short |
| Extended APE-USD | +0.0104% | 1h | 0.1472 | −0.174% | $4K | $206K | 10x | as long as short |
| dYdX APE-USD | +0.0292% | 1h | 0.1471 | −0.216% | $9K | $5 | 5x | as long as short |
| Deribit APE_USDC-PERPETUAL | +0.0430% | 1h | 0.1472 | −0.167% | $11K | $18K | 25x | as long as short |
| Coinbase International APE-PERP-INTXshort | +0.0880% | 1h | 0.1476 | +0.104% | $100K | $8K | 25x | |
| Kraken Futures PF_APEUSDlong | +0.0984% | 1h | 0.1474 | long leg | $406K | $617K | 20x |
MEXC APE_USDT
KuCoin APEUSDTM
Bitget APEUSDT
BingX APE-USDT
Variational Omni APE
Extended APE-USD
dYdX APE-USD
Deribit APE_USDC-PERPETUAL