Funding you earn now, next payment 06:00 UTC+0.0073%/8h= +8.0% APRnext payment +$0.09 per $10,000 · paid last 24h −0.032%
Price spread now: Kraken Futures against Deribit−0.145%7-day average +0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$640.645% of the position
Funding, last 7 days+0.162%+$16 on $10k
+Price spread, last 4 days (all we have)+0.308%+$31 · spread now −0.145%, 7d avg +0.007%
=Funding pays, the price is against you. Kraken Futures is 0.152% cheaper against Deribit than usual: you would sell low and buy high (spread −0.145% now, against its 7-day average of +0.007%). If the spread goes back, that is −$15 on $10k: about 7.0 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit APT_USDC-PERPETUAL | 0.7585 | 0.0146 | pay 0.0018% / 1h | 20m 59s | $12K | $571K | 50x |
| Short | Kraken Futures PF_APTUSD | 0.7574 | 0.0219 | get 0.0027% / 1h | 20m 59s | $525K | $626K | 50x |
Deribit APT_USDC-PERPETUAL
Kraken Futures PF_APTUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Deribit. 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
- $15.25
- Price spread: −0.145% → +0.007%
- −$15.23
- Slippage, 4 orders
- −$47.46
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$64.43
- Costs to cover
- 0.645%
- Break-even
- 36.6 days
Slippage from Deribit: live order book, 28 min ago; Kraken Futures: live order book, 27 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 Deribit live order book, 28 min ago | 5.91 bp | 9.4 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 27 min ago | 6.57 bp | 21.3 bp −$21 | 87.2 bp −$872 | 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 | 0.7589 | +0.052% | $20K | — | 150x | as long as short |
| Variational Omni APT | +0.0007% | 8h | 0.7580 | −0.064% | $506K | $413K | — | as long as short |
| Orderly PERP_APT_USDC | +0.0020% | 8h | 0.7587 | +0.026% | $10K | $7K | 10x | as long as short |
| Injective APT/USDC PERP | +0.0033% | 1h | 0.7780 | +2.571% | $2K | $240K | 12x | as long as short |
| Lighter APT | +0.0096% | 1h | 0.7581 | −0.053% | $404K | $428K | 10x | as long as short |
| Hyperliquid APT | +0.0100% | 1h | 0.7597 | +0.158% | $4.8M | $6.3M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7592 | +0.090% | $93K | $961K | 20x | as long as short |
| Binance APTUSDT | +0.0100% | 8h | 0.7599 | +0.183% | $27.6M | $107.8M | 75x | as long as short |
| Bybit APTUSDT | +0.0100% | 8h | 0.7593 | +0.105% | $27.0M | $41.1M | 50x | as long as short |
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7603 | +0.237% | $5.6M | $25.4M | 50x | as long as short |
gTrade (Gains Network) APT/USD
Variational Omni APT
Orderly PERP_APT_USDC
Injective APT/USDC PERP
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 | 0.7593 | +0.105% | $2.6M | $5.1M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7599 | +0.185% | $30.0M | $15.3M | 200x | as long as short |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7595 | +0.132% | $4.9M | $12.1M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.7600 | +0.198% | $8.5M | $13.3M | 75x | as long as short |
| BingX APT-USDT | +0.0100% | 8h | 0.7588 | +0.040% | — | $26.3M | — | as long as short |
| Backpack APT_USDC_PERP | +0.0100% | 1h | 0.7591 | +0.079% | $188K | $359K | 20x | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7550 | −0.461% | $60K | $580K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7573 | −0.158% | $5K | $1.5M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7584 | −0.013% | $89 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7555 | −0.396% | $249K | $153K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7602 | +0.229% | $80K | $581K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7588 | +0.038% | $28K | $5K | 3x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0136% / S −0.0090% | 1h | 0.7585 | −0.003% | $16K | — | 100x | as long as short |
| Deribit APT_USDC-PERPETUALlong | +0.0146% | 1h | 0.7585 | long leg | $12K | $571K | 50x | |
| Kraken Futures PF_APTUSDshort | +0.0219% | 1h | 0.7574 | −0.145% | $525K | $626K | 50x | |
| BloFin APT-USDT | +0.0220% | 8h | 0.7583 | −0.026% | $1.4M | $970K | 75x | as long as short |
| Coinbase International APT-PERP-INTX | +0.0320% | 1h | 0.7600 | +0.198% | $218K | $459K | 50x | as long as short |
| Reya APTRUSDPERP | +0.0493% | 1h | 0.7594 | +0.120% | $3K | — | 20x | as long as short |
| dYdX APT-USD | +0.0826% | 1h | 0.7593 | +0.101% | $53K | $6K | 10x | as long as short |
| 01 Exchange APTUSD | +0.7040% | 1h | 0.7754 | +2.228% | $2K | — | 5x | as long as short |
Gate APT_USDT
MEXC APT_USDT
KuCoin APTUSDTM
Bitget APTUSDT
BingX APT-USDT
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]
BloFin APT-USDT
Coinbase International APT-PERP-INTX
Reya APTRUSDPERP
dYdX APT-USD
01 Exchange APTUSD