Funding you earn now, next payment 23:00 UTC+0.0524%/8h= +57.3% APRnext payment +$0.65 per $10,000 · paid last 24h +0.105%
Price spread now: ApeX Omni against Kraken Futures−0.069%45s7-day average −0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$91as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1000.997% of the position
Funding, last 7 days+0.087%+$9 on $10k
+Price spread, last 3 days (all we have)−1.198%−$120 · spread now −0.069%, 7d avg −0.012%
=Funding pays, the price is against you. ApeX Omni is 0.057% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.069% now, against its 7-day average of −0.012%). If the spread goes back, that is −$6 on $10k: about 9 hours of funding at the current rate (+$16 a day). At the pace of the last 7 days (+0.087% in total) that is about 4.6 days. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.087% in total (about 4.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.65 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 | Kraken Futures PF_APTUSD | 0.7835 | −0.0424 | get 0.0053% / 1h | 33m 25s | $540K | $633K | 50x |
| Short | ApeX Omni APTUSDT | 0.7830 | 0.0100 | get 0.0013% / 1h | 33m 25s | $65K | $569K | 50x |
Kraken Futures PF_APTUSD
ApeX Omni APTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Kraken Futures. 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
- $109.98
- Price spread: −0.069% → −0.012%
- −$5.67
- Slippage, 4 orders
- −$79.74
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- $4.56
- Costs to cover
- 0.997%
- Break-even
- 6.7 days
Slippage from Kraken Futures: live order book, 50 min ago; ApeX Omni: live order book, 49 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 Kraken Futures live order book, 50 min ago | 10.86 bp | 23.3 bp −$23 | 84.3 bp −$843 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 49 min ago | 12.76 bp | 25.1 bp −$25 | 163.8 bp −$1,638 | 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange APTUSD | −0.0480% | 1h | 0.7833 | −0.031% | $2K | — | 5x | as long as short |
| Kraken Futures PF_APTUSDlong | −0.0424% | 1h | 0.7835 | long leg | $540K | $633K | 50x | |
| Deribit APT_USDC-PERPETUAL | −0.0388% | 1h | 0.7832 | −0.044% | $7K | $372K | 50x | as long as short |
| Variational Omni APT | −0.0082% | 8h | 0.7844 | +0.104% | $615K | $224K | — | as long as short |
| Injective APT/USDC PERP | −0.0033% | 1h | 0.7780 | −0.707% | $2K | $241K | 12x | as long as short |
| Orderly PERP_APT_USDC | −0.0022% | 8h | 0.7834 | −0.018% | $10K | $7K | 10x | as long as short |
| gTrade (Gains Network) APT/USD | L −0.0004% / S +0.0005% | 1h | 0.7837 | +0.019% | $22K | — | 150x | as long as short |
| Lighter APT | +0.0096% | 1h | 0.7840 | +0.058% | $430K | $350K | 10x | as long as short |
| Hyperliquid APT | +0.0100% | 1h | 0.7841 | +0.071% | $5.9M | $5.1M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7840 | +0.057% | $305K | $464K | 20x | as long as short |
01 Exchange APTUSD
Deribit APT_USDC-PERPETUAL
Variational Omni APT
Injective APT/USDC PERP
Orderly PERP_APT_USDC
gTrade (Gains Network) APT/USD
Lighter APT
Hyperliquid APT
Aster APTUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance APTUSDT | +0.0100% | 8h | 0.7835 | −0.005% | $28.8M | $97.2M | 75x | as long as short |
| Bybit APTUSDT | +0.0100% | 8h | 0.7831 | −0.056% | $29.2M | $35.3M | 50x | as long as short |
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7828 | −0.095% | $6.2M | $23.5M | 50x | as long as short |
| Gate APT_USDT | +0.0100% | 8h | 0.7834 | −0.018% | $2.7M | $4.7M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7839 | +0.046% | $27.9M | $14.5M | 200x | as long as short |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7835 | −0.005% | $5.6M | $12.1M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.7836 | +0.007% | $8.9M | $12.3M | 75x | as long as short |
| BingX APT-USDT | +0.0100% | 8h | 0.7833 | −0.031% | — | $26.2M | — | as long as short |
| Backpack APT_USDC_PERP | +0.0100% | 1h | 0.7842 | +0.084% | $202K | $363K | 20x | as long as short |
| ApeX Omni APTUSDTshort | +0.0100% | 1h | 0.7830 | −0.069% | $65K | $569K | 50x | |
| SunX APT-USDT | +0.0100% | 8h | 0.7811 | −0.312% | $6K | $1.4M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7835 | −0.005% | $66 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7847 | +0.148% | $265K | $137K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7837 | +0.015% | $84K | $464K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7835 | −0.005% | $24K | — | 3x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0189% / S −0.0143% | 1h | 0.7834 | −0.021% | $17K | — | 100x | as long as short |
| BloFin APT-USDT | +0.0220% | 8h | 0.7840 | +0.058% | $1.5M | $771K | 75x | as long as short |
| Coinbase International APT-PERP-INTX | +0.0288% | 1h | 0.7829 | −0.082% | $208K | $555K | 50x | as long as short |
| Reya APTRUSDPERP | +0.0467% | 1h | 0.7832 | −0.042% | $3K | — | 20x | as long as short |
| dYdX APT-USD | +0.0763% | 1h | 0.7848 | +0.159% | $55K | $5K | 10x | as long as short |
Binance APTUSDT
Bybit APTUSDT
OKX APT-USDT-SWAP
Gate APT_USDT
MEXC APT_USDT
KuCoin APTUSDTM
Bitget APTUSDT
BingX APT-USDT
Backpack APT_USDC_PERP
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