Funding you earn now, next payment 05:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.054%
Price spread now: KuCoin against Deribit−0.092%7-day average −0.065% · you buy dearer than you sell
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$790.791% of the position
Funding, last 7 days+0.120%+$12 on $10k
+Price spread, last 4 days (all we have)−1.004%−$100 · spread now −0.092%, 7d avg −0.065%
=Funding pays, the price is against you. KuCoin is 0.027% cheaper against Deribit than usual: you would sell low and buy high (spread −0.092% now, against its 7-day average of −0.065%). If the spread goes back, that is −$3 on $10k: about 22 hours of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit APT_USDC-PERPETUAL | 0.7621 | 0 | get 0.0000% / 1h | 8m 08s | $4K | $540K | 50x |
| Short | KuCoin APTUSDTM | 0.7614 | 0.0100 | get 0.0100% / 8h | 3h 08m | $5.0M | $12.2M | 50x |
Deribit APT_USDC-PERPETUAL
KuCoin APTUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $21
- Price spread: −0.092% → −0.065%
- −$2.69
- Slippage, 4 orders
- −$60.13
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$60.82
- Costs to cover
- 0.791%
- Break-even
- 27.3 days
Slippage from Deribit: live order book, 46 min ago; KuCoin: live order book, 5 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, 46 min ago | 5.83 bp | 9.3 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 4.59 bp | 36.5 bp −$37 | 71.2 bp −$712 | 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 | 0.7619 | −0.024% | $20K | — | 150x | as long as short |
| Deribit APT_USDC-PERPETUALlong | 0.0000% | 1h | 0.7621 | long leg | $4K | $540K | 50x | |
| Orderly PERP_APT_USDC | +0.0016% | 8h | 0.7620 | −0.013% | $10K | $7K | 10x | as long as short |
| Variational Omni APT | +0.0017% | 8h | 0.7609 | −0.156% | $508K | $416K | — | as long as short |
| Injective APT/USDC PERP | +0.0033% | 1h | 0.7780 | +2.086% | $2K | $240K | 12x | as long as short |
| Lighter APT | +0.0096% | 1h | 0.7618 | −0.039% | $407K | $423K | 10x | as long as short |
| Hyperliquid APT | +0.0100% | 1h | 0.7621 | 0.000% | $5.0M | $6.3M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7621 | +0.003% | $94K | $957K | 20x | as long as short |
| Binance APTUSDT | +0.0100% | 8h | 0.7619 | −0.026% | $27.5M | $106.8M | 75x | as long as short |
| Bybit APTUSDT | +0.0100% | 8h | 0.7615 | −0.079% | $27.1M | $40.3M | 50x | as long as short |
gTrade (Gains Network) APT/USD
Orderly PERP_APT_USDC
Variational Omni APT
Injective APT/USDC PERP
Lighter APT
Hyperliquid APT
Aster APTUSDT
Binance APTUSDT
Bybit APTUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7616 | −0.066% | $5.6M | $24.9M | 50x | as long as short |
| Gate APT_USDT | +0.0100% | 8h | 0.7617 | −0.052% | $2.6M | $5.1M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7619 | −0.026% | $29.9M | $15.7M | 200x | as long as short |
| KuCoin APTUSDTMshort | +0.0100% | 8h | 0.7614 | −0.092% | $5.0M | $12.2M | 50x | |
| Bitget APTUSDT | +0.0100% | 8h | 0.7619 | −0.026% | $8.6M | $13.1M | 75x | as long as short |
| BingX APT-USDT | +0.0100% | 8h | 0.7618 | −0.039% | — | $26.1M | — | as long as short |
| Backpack APT_USDC_PERP | +0.0100% | 1h | 0.7624 | +0.039% | $172K | $389K | 20x | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7630 | +0.118% | $61K | $582K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7609 | −0.157% | $6K | $1.5M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7621 | 0.000% | $81 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7644 | +0.302% | $249K | $148K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7617 | −0.056% | $80K | $506K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7617 | −0.056% | $28K | $5K | 3x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0136% / S −0.0090% | 1h | 0.7623 | +0.023% | $16K | — | 100x | as long as short |
| BloFin APT-USDT | +0.0220% | 8h | 0.7606 | −0.197% | $1.4M | $962K | 75x | as long as short |
| Kraken Futures PF_APTUSD | +0.0252% | 1h | 0.7622 | +0.014% | $529K | $625K | 50x | as long as short |
| Coinbase International APT-PERP-INTX | +0.0312% | 1h | 0.7623 | +0.026% | $219K | $458K | 50x | as long as short |
| Reya APTRUSDPERP | +0.0490% | 1h | 0.7618 | −0.040% | $3K | — | 20x | as long as short |
| dYdX APT-USD | +0.0753% | 1h | 0.7608 | −0.175% | $53K | $6K | 10x | as long as short |
| 01 Exchange APTUSD | +0.5400% | 1h | 0.7761 | +1.837% | $2K | — | 5x | as long as short |
OKX APT-USDT-SWAP
Gate APT_USDT
MEXC APT_USDT
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
Kraken Futures PF_APTUSD
Coinbase International APT-PERP-INTX
Reya APTRUSDPERP
dYdX APT-USD
01 Exchange APTUSD