Funding you earn now, next payment 02:00 UTC+0.0038%/8h= +4.1% APRpaid last 24h −0.102%
Price spread now: Kraken Futures against Bitget−0.041%7-day average +0.083% · you buy dearer than you sell
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$89as in the Price arb table
costs, in and out, $10k−$770.767% of the position
Funding, last 7 days−0.047%−$5 on $10k
+Price spread, last 3 days (all we have)+0.730%+$73 · spread now −0.041%, 7d avg +0.083%
=Funding pays, the price is against you. Kraken Futures is 0.124% cheaper against Bitget than usual: you would sell low and buy high (spread −0.041% now, against its 7-day average of +0.083%). If the spread goes back, that is −$12 on $10k: about 11 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget APTUSDT | 0.7778 | 0.0100 | pay 0.0100% / 8h | 6h 32m | $8.7M | $12.8M | 75x |
| Short | Kraken Futures PF_APTUSD | 0.7775 | 0.0138 | get 0.0017% / 1h | 32m 08s | $530K | $643K | 50x |
Bitget APTUSDT
Kraken Futures PF_APTUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Bitget. 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
- $7.88
- Price spread: −0.041% → +0.083%
- −$12.41
- Slippage, 4 orders
- −$54.67
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$81.2
- Costs to cover
- 0.767%
- Break-even
- 79.1 days
Slippage from Bitget: live order book, 1 min ago; Kraken Futures: live order book, 36 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 Bitget live order book, 1 min ago | 1.29 bp | 12.7 bp −$13 | 32.9 bp −$329 | 99.8 bp −$9,980 | doesn't fit |
| Sell Kraken Futures live order book, 36 min ago | 10.72 bp | 25.6 bp −$26 | 88.3 bp −$883 | doesn't fit | doesn't fit |
APT on 29 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 | 0.7776 | −0.025% | $21K | — | 150x | as long as short |
| Orderly PERP_APT_USDC | −0.0001% | 8h | 0.7779 | +0.013% | $10K | $7K | 10x | as long as short |
| Variational Omni APT | +0.0003% | 8h | 0.7738 | −0.510% | $501K | $331K | — | as long as short |
| Deribit APT_USDC-PERPETUAL | +0.0007% | 1h | 0.7780 | +0.026% | $12K | $418K | 50x | as long as short |
| dYdX APT-USD | +0.0025% | 1h | 0.7769 | −0.119% | $54K | $6K | 10x | as long as short |
| Injective APT/USDC PERP | +0.0033% | 1h | 0.7780 | +0.026% | $2K | $240K | 12x | as long as short |
| Lighter APT | +0.0096% | 1h | 0.7774 | −0.051% | $416K | $407K | 10x | as long as short |
| Hyperliquid APT | +0.0100% | 1h | 0.7780 | +0.026% | $5.6M | $6.1M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7774 | −0.049% | $243K | $930K | 20x | as long as short |
| Binance APTUSDT | +0.0100% | 8h | 0.7774 | −0.051% | $28.7M | $106.3M | 75x | as long as short |
gTrade (Gains Network) APT/USD
Orderly PERP_APT_USDC
Variational Omni APT
Deribit APT_USDC-PERPETUAL
dYdX APT-USD
Injective APT/USDC PERP
Lighter APT
Hyperliquid APT
Aster APTUSDT
Binance APTUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit APTUSDT | +0.0100% | 8h | 0.7773 | −0.064% | $28.2M | $38.1M | 50x | as long as short |
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7772 | −0.077% | $5.8M | $25.0M | 50x | as long as short |
| Gate APT_USDT | +0.0100% | 8h | 0.7770 | −0.103% | $2.7M | $4.9M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7779 | +0.013% | $29.6M | $15.4M | 200x | as long as short |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7776 | −0.026% | $5.4M | $12.2M | 50x | as long as short |
| Bitget APTUSDTlong | +0.0100% | 8h | 0.7778 | long leg | $8.7M | $12.8M | 75x | |
| BingX APT-USDC | +0.0100% | 8h | 0.7776 | −0.026% | — | $6.5M | — | as long as short |
| Backpack APT_USDC_PERP | +0.0100% | 1h | 0.7781 | +0.039% | $193K | $391K | 20x | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7740 | −0.489% | $63K | $576K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7765 | −0.167% | $6K | $1.5M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7776 | −0.026% | $54 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7775 | −0.039% | $261K | $126K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7775 | −0.041% | $84K | $486K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7779 | +0.013% | $29K | $5K | 3x | as long as short |
| Kraken Futures PF_APTUSDshort | +0.0138% | 1h | 0.7775 | −0.041% | $530K | $643K | 50x | |
| GMX APT/USD [ETH-USDC] | L +0.0190% / S −0.0143% | 1h | 0.7775 | −0.041% | $17K | — | 100x | as long as short |
| Coinbase International APT-PERP-INTX | +0.0272% | 1h | 0.7770 | −0.103% | $204K | $535K | 50x | as long as short |
| Reya APTRUSDPERP | +0.0478% | 1h | 0.7777 | −0.014% | $3K | — | 20x | as long as short |
| 01 Exchange APTUSD | +0.2696% | 1h | 0.7809 | +0.399% | $2K | — | 5x | as long as short |
Bybit APTUSDT
OKX APT-USDT-SWAP
Gate APT_USDT
MEXC APT_USDT
KuCoin APTUSDTM
BingX APT-USDC
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]
Coinbase International APT-PERP-INTX
Reya APTRUSDPERP
01 Exchange APTUSD