Funding you earn now, next payment 04:00 UTC+0.0214%/8h= +23.4% APRpaid last 24h −0.095%
Price spread now: Kraken Futures against BingX+0.089%7-day average +0.082% · you sell dearer than you buy
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$660.657% of the position
Funding, last 7 days−0.047%−$5 on $10k
+Price spread, last 4 days (all we have)+1.505%+$151 · spread now +0.089%, 7d avg +0.082%
=The price spread sits at its 7-day average of +0.082%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.047% in total (about -2.5% a year). A funding rate is set anew for every payment. 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 | BingX APT-USDT | 0.7723 | 0.0100 | pay 0.0100% / 8h | 4h 28m | — | $26.0M | — |
| Short | Kraken Futures PF_APTUSD | 0.7730 | 0.0314 | get 0.0039% / 1h | 28m 35s | $535K | $639K | 50x |
BingX APT-USDT
Kraken Futures PF_APTUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against BingX. 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
- $44.84
- Price spread: +0.089% → +0.082%
- $0.69
- Slippage, 4 orders
- −$45.67
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$20.14
- Costs to cover
- 0.657%
- Break-even
- 10.1 days
Slippage from BingX: live order book, 10 min ago; Kraken Futures: live order book, 29 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 BingX live order book, 10 min ago | 1.31 bp | 6.3 bp −$6 | 10.3 bp −$103 | 16.4 bp −$1,644 | 46.4 bp −$23.2K |
| Sell Kraken Futures live order book, 29 min ago | 10.46 bp | 21.1 bp −$21 | 78.5 bp −$785 | doesn't fit | doesn't fit |
APT on 30 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) APT/USD | L −0.0004% / S +0.0005% | 1h | 0.7733 | +0.130% | $21K | — | 150x | as long as short |
| Orderly PERP_APT_USDC | +0.0017% | 8h | 0.7738 | +0.194% | $10K | $7K | 10x | as long as short |
| Injective APT/USDC PERP | +0.0033% | 1h | 0.7780 | +0.738% | $2K | $240K | 12x | as long as short |
| Variational Omni APT | +0.0047% | 8h | 0.7706 | −0.218% | $514K | $415K | — | as long as short |
| Lighter APT | +0.0096% | 1h | 0.7717 | −0.078% | $412K | $421K | 10x | as long as short |
| Hyperliquid APT | +0.0100% | 1h | 0.7721 | −0.026% | $5.3M | $6.2M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7723 | +0.006% | $97K | $961K | 20x | as long as short |
| Binance APTUSDT | +0.0100% | 8h | 0.7714 | −0.117% | $28.3M | $106.7M | 75x | as long as short |
| Bybit APTUSDT | +0.0100% | 8h | 0.7709 | −0.181% | $27.6M | $39.1M | 50x | as long as short |
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7713 | −0.129% | $5.7M | $24.9M | 50x | as long as short |
gTrade (Gains Network) APT/USD
Orderly PERP_APT_USDC
Injective APT/USDC PERP
Variational Omni APT
Lighter APT
Hyperliquid APT
Aster APTUSDT
Binance APTUSDT
Bybit APTUSDT
OKX APT-USDT-SWAPShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate APT_USDT | +0.0100% | 8h | 0.7718 | −0.065% | $2.6M | $4.9M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7710 | −0.168% | $28.9M | $15.2M | 200x | as long as short |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7721 | −0.026% | $5.1M | $12.3M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.7716 | −0.091% | $8.6M | $12.8M | 75x | as long as short |
| BingX APT-USDTlong | +0.0100% | 8h | 0.7723 | long leg | — | $26.0M | — | |
| Backpack APT_USDC_PERP | +0.0100% | 1h | 0.7727 | +0.052% | $191K | $381K | 20x | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7670 | −0.686% | $62K | $581K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7725 | +0.026% | $6K | $1.5M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7735 | +0.155% | $68 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7708 | −0.194% | $261K | $117K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7709 | −0.178% | $81K | $486K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7735 | +0.154% | $28K | $5K | 3x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0136% / S −0.0090% | 1h | 0.7732 | +0.118% | $16K | — | 100x | as long as short |
| Deribit APT_USDC-PERPETUAL | +0.0138% | 1h | 0.7737 | +0.181% | $17K | $443K | 50x | as long as short |
| BloFin APT-USDT | +0.0220% | 8h | 0.7740 | +0.220% | $1.4M | $955K | 75x | as long as short |
| Kraken Futures PF_APTUSDshort | +0.0314% | 1h | 0.7730 | +0.089% | $535K | $639K | 50x | |
| Coinbase International APT-PERP-INTX | +0.0328% | 1h | 0.7730 | +0.091% | $222K | $459K | 50x | as long as short |
| Reya APTRUSDPERP | +0.0485% | 1h | 0.7719 | −0.051% | $3K | — | 20x | as long as short |
| dYdX APT-USD | +0.0652% | 1h | 0.7720 | −0.039% | $54K | $6K | 10x | as long as short |
| 01 Exchange APTUSD | +0.5128% | 1h | 0.7770 | +0.609% | $2K | — | 5x | as long as short |
Gate APT_USDT
MEXC APT_USDT
KuCoin APTUSDTM
Bitget APTUSDT
Backpack APT_USDC_PERP
ApeX Omni APTUSDT
SunX APT-USDT
SoDEX APT-USD
HTX APT-USDT
Extended APT-USD
Aevo APT-PERP
GMX APT/USD [ETH-USDC]
Deribit APT_USDC-PERPETUAL
BloFin APT-USDT
Coinbase International APT-PERP-INTX
Reya APTRUSDPERP
dYdX APT-USD
01 Exchange APTUSD