Funding you earn now, next payment 03:00 UTC−0.0037%/8h= −4.0% APRpaid last 24h +0.133%
Price spread now: BloFin against Kraken Futures−0.025%57s7-day average +0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$60as 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−$840.835% of the position
Funding, last 7 days+0.231%+$23 on $10k
+Price spread, last 4 days (all we have)+0.491%+$49 · spread now −0.025%, 7d avg +0.021%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.046% cheaper against Kraken Futures than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.021%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.231%, so the current rate has only just turned against you. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_APTUSD | 0.7715 | 0.0257 | pay 0.0032% / 1h | 39m 48s | $528K | $626K | 50x |
| Short | BloFin APT-USDT | 0.7713 | 0.0220 | get 0.0220% / 8h | 5h 39m | $1.4M | $951K | 75x |
Kraken Futures PF_APTUSD
BloFin APT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$7.74
- Price spread: −0.025% → +0.021%
- −$4.61
- Slippage, 4 orders
- −$61.54
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$95.89
- Costs to cover
- 0.835%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 23 min ago; BloFin: live order book, 2 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, 23 min ago | 7.77 bp | 41.6 bp −$42 | 88.2 bp −$882 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 2 min ago | 1.30 bp | 8.7 bp −$9 | 20.2 bp −$202 | 51.0 bp −$5,102 | 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 | 0.7721 | +0.076% | $21K | — | 150x | as long as short |
| Deribit APT_USDC-PERPETUAL | 0.0000% | 1h | 0.7720 | +0.065% | $17K | $428K | 50x | as long as short |
| Orderly PERP_APT_USDC | +0.0006% | 8h | 0.7719 | +0.052% | $10K | $7K | 10x | as long as short |
| Variational Omni APT | +0.0025% | 8h | 0.7716 | +0.013% | $520K | $330K | — | as long as short |
| Injective APT/USDC PERP | +0.0033% | 1h | 0.7780 | +0.843% | $2K | $240K | 12x | as long as short |
| Lighter APT | +0.0096% | 1h | 0.7703 | −0.155% | $414K | $413K | 10x | as long as short |
| Hyperliquid APT | +0.0100% | 1h | 0.7708 | −0.090% | $5.4M | $6.1M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7716 | +0.017% | $101K | $940K | 20x | as long as short |
| Binance APTUSDT | +0.0100% | 8h | 0.7710 | −0.065% | $28.4M | $104.9M | 75x | as long as short |
| Bybit APTUSDT | +0.0100% | 8h | 0.7704 | −0.142% | $27.9M | $37.7M | 50x | as long as short |
gTrade (Gains Network) APT/USD
Deribit APT_USDC-PERPETUAL
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 | 0.7705 | −0.129% | $5.8M | $24.4M | 50x | as long as short |
| Gate APT_USDT | +0.0100% | 8h | 0.7713 | −0.025% | $2.6M | $4.8M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7710 | −0.064% | $29.2M | $15.3M | 200x | as long as short |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7712 | −0.038% | $5.2M | $12.2M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.7705 | −0.129% | $8.5M | $12.5M | 75x | as long as short |
| BingX APT-USDC | +0.0100% | 8h | 0.7708 | −0.090% | — | $6.5M | — | as long as short |
| Backpack APT_USDC_PERP | +0.0100% | 1h | 0.7722 | +0.091% | $194K | $373K | 20x | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7720 | +0.065% | $63K | $577K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7709 | −0.077% | $6K | $1.5M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7721 | +0.078% | $54 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7692 | −0.298% | $260K | $117K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7706 | −0.118% | $79K | $487K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7718 | +0.035% | $28K | $5K | 3x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0189% / S −0.0143% | 1h | 0.7720 | +0.068% | $17K | — | 100x | as long as short |
| BloFin APT-USDTshort | +0.0220% | 8h | 0.7713 | −0.025% | $1.4M | $951K | 75x | |
| Kraken Futures PF_APTUSDlong | +0.0257% | 1h | 0.7715 | long leg | $528K | $626K | 50x | |
| Coinbase International APT-PERP-INTX | +0.0320% | 1h | 0.7730 | +0.195% | $203K | $531K | 50x | as long as short |
| Reya APTRUSDPERP | +0.0481% | 1h | 0.7719 | +0.052% | $3K | — | 20x | as long as short |
| dYdX APT-USD | +0.1006% | 1h | 0.7722 | +0.097% | $54K | $6K | 10x | as long as short |
| 01 Exchange APTUSD | +0.4280% | 1h | 0.7805 | +1.167% | $2K | — | 5x | as long as short |
OKX APT-USDT-SWAP
Gate APT_USDT
MEXC APT_USDT
KuCoin APTUSDTM
Bitget APTUSDT
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
dYdX APT-USD
01 Exchange APTUSD