Funding you earn now, next payment 09:00 UTC+0.0076%/8h= +8.3% APRnext payment +$0.09 per $10,000 · paid last 24h +0.012%
Price spread now: Deribit against Kraken Futures+0.024%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 +$2 a day on $10k at the current rate, and Deribit is 0.024% dearer against Kraken Futures than usual: you sell high and buy low: +$2 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 | Kraken Futures PF_APEUSD | 0.1468 | 0.0356 | pay 0.0044% / 1h | 57m 35s | $400K | $694K | 20x |
| Short | Deribit APE_USDC-PERPETUAL | 0.1468 | 0.0432 | get 0.0054% / 1h | 57m 35s | $5K | $24K | 25x |
Kraken Futures PF_APEUSD
Deribit APE_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- $15.92
- Price spread: +0.024% → 0.000%
- $2.45
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $1.37
- Costs to cover
- 0.170%
- Break-even
- 6.4 days
Slippage unknown: Kraken Futures: live order book, 41 min ago; Deribit: no order-book sample. 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 Kraken Futures live order book, 41 min ago | 10.18 bp | 43.2 bp −$43 | doesn't fit | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
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 | 0.1466 | −0.082% | $1K | — | 100x | as long as short |
| dYdX APE-USD | 0.0000% | 1h | 0.1467 | −0.016% | $9K | — | 5x | as long as short |
| Reya APERUSDPERP | 0.0000% | 1h | 0.1235 | −15.848% | — | — | — | as long as short |
| Injective APE/USDC PERP | +0.0033% | 1h | 0.1378 | −6.108% | $1K | $12K | 5.5x | as long as short |
| BloFin APE-USDT | +0.0094% | 8h | 0.1470 | +0.161% | $216K | $59K | 75x | as long as short |
| Hyperliquid APE | +0.0100% | 1h | 0.1469 | +0.093% | $1.3M | $375K | 5x | as long as short |
| Aster APEUSDT | +0.0100% | 8h | 0.1468 | +0.018% | $122K | $20K | 10x | as long as short |
| Binance APEUSDT | +0.0100% | 8h | 0.1468 | +0.024% | $4.1M | $7.3M | 50x | as long as short |
| Bybit APEUSDT | +0.0100% | 8h | 0.1467 | −0.016% | $3.6M | $2.9M | 50x | as long as short |
| OKX APE-USDT-SWAP | +0.0100% | 8h | 0.1469 | +0.059% | $1.3M | $1.5M | 20x | as long as short |
GMX APE/USD [APE-USDC]
dYdX APE-USD
Reya APERUSDPERP
Injective APE/USDC PERP
BloFin APE-USDT
Hyperliquid APE
Aster APEUSDT
Binance APEUSDT
Bybit APEUSDT
OKX APE-USDT-SWAPShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate APE_USDT | +0.0100% | 8h | 0.1468 | +0.024% | $635K | $305K | 50x | as long as short |
| MEXC APE_USDT | +0.0100% | 8h | 0.1467 | −0.044% | $4.2M | $759K | 50x | as long as short |
| KuCoin APEUSDTM | +0.0100% | 8h | 0.1468 | +0.024% | $1.8M | $4.1M | 50x | as long as short |
| Bitget APEUSDT | +0.0100% | 8h | 0.1468 | +0.024% | $2.1M | $610K | 25x | as long as short |
| BingX APE-USDT | +0.0100% | 8h | 0.1468 | +0.024% | — | $13.0M | — | as long as short |
| Variational Omni APE | +0.0100% | 8h | 0.1467 | −0.047% | $5K | $14K | — | as long as short |
| Extended APE-USD | +0.0104% | 1h | 0.1468 | −0.003% | $6K | $208K | 10x | as long as short |
| Kraken Futures PF_APEUSDlong | +0.0356% | 1h | 0.1468 | long leg | $400K | $694K | 20x | |
| Deribit APE_USDC-PERPETUALshort | +0.0432% | 1h | 0.1468 | +0.024% | $5K | $24K | 25x | |
| Coinbase International APE-PERP-INTX | +0.1104% | 1h | 0.1484 | +1.115% | $100K | $8K | 25x | as long as short |
Gate APE_USDT
MEXC APE_USDT
KuCoin APEUSDTM
Bitget APEUSDT
BingX APE-USDT
Variational Omni APE
Extended APE-USD
Coinbase International APE-PERP-INTX