Funding you earn now, next payment 04:00 UTC+0.0211%/8h= +23.1% APRnext payment +$0.26 per $10,000 · paid last 24h −0.096%
Price spread now: Kraken Futures against Extended−0.004%7-day average +0.136% · you buy dearer than you sell
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$93as in the Price arb table
costs, in and out, $10k−$790.787% of the position
Funding, last 7 days+0.016%+$2 on $10k
+Price spread, last 4 days (all we have)+1.579%+$158 · spread now −0.004%, 7d avg +0.136%
=Together, before fees+1.595%+ Points / potential airdropExtended: Active · farm board+$159 on $10k · with fees, hour by hour
Funding pays, the price is against you. Kraken Futures is 0.140% cheaper against Extended than usual: you would sell low and buy high (spread −0.004% now, against its 7-day average of +0.136%). If the spread goes back, that is −$14 on $10k: about 2.2 days of funding at the current rate (+$6 a day). At the pace of the last 7 days (+0.016% in total) that is about 2 months.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.016% in total (about 0.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.26 per $10,000. 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 | Extended APT-USD | 0.7689 | 0.0104 | pay 0.0013% / 1h | 1m 22s | $82K | $431K | 25x |
| Short | Kraken Futures PF_APTUSD | 0.7689 | 0.0315 | get 0.0039% / 1h | 1m 22s | $533K | $640K | 50x |
Extended APT-USD
Kraken Futures PF_APTUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Extended. 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
- $44.35
- Price spread: −0.004% → +0.136%
- −$14
- Slippage, 4 orders
- −$63.73
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$48.37
- Costs to cover
- 0.787%
- Break-even
- 14.6 days
Slippage from Extended: live order book, 56 min ago; Kraken Futures: live order book, 57 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 Extended live order book, 56 min ago | 3.27 bp | 12.8 bp −$13 | 117.2 bp −$1,172 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 57 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 | 0.7698 | +0.115% | $21K | — | 150x | as long as short |
| Orderly PERP_APT_USDC | +0.0018% | 8h | 0.7696 | +0.090% | $10K | $7K | 10x | as long as short |
| Injective APT/USDC PERP | +0.0033% | 1h | 0.7780 | +1.183% | $2K | $240K | 12x | as long as short |
| Variational Omni APT | +0.0034% | 8h | 0.7648 | −0.532% | $510K | $415K | — | as long as short |
| Lighter APT | +0.0096% | 1h | 0.7695 | +0.077% | $410K | $423K | 10x | as long as short |
| Hyperliquid APT | +0.0100% | 1h | 0.7705 | +0.207% | $5.3M | $6.1M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7700 | +0.136% | $97K | $961K | 20x | as long as short |
| Binance APTUSDT | +0.0100% | 8h | 0.7698 | +0.122% | $28.2M | $106.9M | 75x | as long as short |
| Bybit APTUSDT | +0.0100% | 8h | 0.7694 | +0.064% | $27.4M | $39.7M | 50x | as long as short |
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7693 | +0.051% | $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 | 0.7702 | +0.168% | $2.6M | $5.0M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7701 | +0.155% | $28.9M | $15.3M | 200x | as long as short |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7699 | +0.129% | $5.1M | $12.4M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.7696 | +0.090% | $8.5M | $12.8M | 75x | as long as short |
| BingX APT-USDT | +0.0100% | 8h | 0.7698 | +0.116% | — | $25.9M | — | as long as short |
| Backpack APT_USDC_PERP | +0.0100% | 1h | 0.7692 | +0.038% | $190K | $379K | 20x | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7680 | −0.118% | $61K | $578K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7686 | −0.040% | $5K | $1.5M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7693 | +0.051% | $75 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7676 | −0.170% | $259K | $116K | 50x | as long as short |
| Extended APT-USDlong | +0.0104% | 1h | 0.7689 | long leg | $82K | $431K | 25x | |
| Aevo APT-PERP | +0.0104% | 1h | 0.7696 | +0.087% | $28K | $5K | 3x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0136% / S −0.0090% | 1h | 0.7701 | +0.150% | $16K | — | 100x | as long as short |
| Deribit APT_USDC-PERPETUAL | +0.0140% | 1h | 0.7699 | +0.129% | $8K | $497K | 50x | as long as short |
| BloFin APT-USDT | +0.0220% | 8h | 0.7690 | +0.012% | $1.4M | $950K | 75x | as long as short |
| Kraken Futures PF_APTUSDshort | +0.0315% | 1h | 0.7689 | −0.004% | $533K | $640K | 50x | |
| Coinbase International APT-PERP-INTX | +0.0328% | 1h | 0.7710 | +0.272% | $222K | $463K | 50x | as long as short |
| Reya APTRUSDPERP | +0.0487% | 1h | 0.7700 | +0.137% | $3K | — | 20x | as long as short |
| dYdX APT-USD | +0.0776% | 1h | 0.7697 | +0.097% | $54K | $6K | 10x | as long as short |
| 01 Exchange APTUSD | +0.5032% | 1h | 0.7783 | +1.222% | $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
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