Settings8H · net · $10k
Funding arb · Price arb /

APE

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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0224%/8h= −24.5% APRnext payment $0.28 per $10,000 · paid last 24h
Price spread now: Kraken Futures against Reya+19.346%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 daysno history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · farm boardneeds both histories
The price spread pays, funding is against you. Kraken Futures is 19.346% dearer against Reya than usual: you sell high and buy low (spread +19.346% now, against zero (this spread has no 7-day history yet)): +$1,935 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 10 months.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya APERUSDPERP0.12350get 0.0000% / 1h19m 56s
ShortKraken Futures PF_APEUSD0.1474−0.0224pay 0.0028% / 1h19m 56s$410K$607K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Reya. 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

Funding earned
−$47.04
Price spread: +19.346% → 0.000%
$1,934.6
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$1,871.56
Costs to cover
0.160%
Break-even
from the start
Slippage unknown: Reya: no order-book sample; Kraken Futures: live order book, 48 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Reya no order-book sample
Sell Kraken Futures live order book, 48 min ago10.10 bp35.7 bp −$36119.3 bp −$1,193doesn't fitdoesn't fit
Reya: 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 19 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_APEUSDshort−0.0224%1h0.1474+19.346%$410K$607K20x
GMX APE/USD [APE-USDC]L −0.0178% / S +0.0185%1h0.1473+19.281%$1K100xas long as short
Reya APERUSDPERPlong0.0000%1h0.1235long leg
Deribit APE_USDC-PERPETUAL0.0000%1h0.1473+19.269%$11K$18K25xas long as short
dYdX APE-USD+0.0017%1h0.1476+19.475%$9K$55xas long as short
Injective APE/USDC PERP+0.0033%1h0.1378+11.577%$1K$12K5.5xas long as short
Hyperliquid APE+0.0100%1h0.1476+19.537%$1.3M$378K5xas long as short
Aster APEUSDT+0.0100%8h0.1476+19.491%$123K$22K10xas long as short
Binance APEUSDT+0.0100%8h0.1474+19.376%$4.1M$6.6M50xas long as short
Bybit APEUSDT+0.0100%8h0.1474+19.367%$3.7M$3.0M50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX APE-USDT-SWAP+0.0100%8h0.1476+19.529%$1.3M$1.4M20xas long as short
Gate APE_USDT+0.0100%8h0.1475+19.439%$634K$309K50xas long as short
MEXC APE_USDT+0.0100%8h0.1474+19.350%$4.3M$888K50xas long as short
KuCoin APEUSDTM+0.0100%8h0.1475+19.431%$1.8M$2.6M50xas long as short
Bitget APEUSDT+0.0100%8h0.1474+19.350%$2.1M$571K25xas long as short
BingX APE-USDT+0.0100%8h0.1474+19.350%$13.1Mas long as short
Variational Omni APE+0.0100%8h0.1476+19.547%$8K$12Kas long as short
Extended APE-USD+0.0104%1h0.1474+19.344%$4K$206K10xas long as short
Coinbase International APE-PERP-INTX+0.0904%1h0.1484+20.160%$100K$7K25xas long as short