Funding you earn now, next payment 00:00 UTC+0.0498%/8h= +54.5% APRpaid last 24h +0.078%
Price spread now: Bybit against Kraken Futures−0.107%7-day average −0.117% · you buy dearer than you sell
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$660.657% of the position
Funding, last 7 days−0.031%−$3 on $10k
+Price spread, last 3 days (all we have)−0.933%−$93 · spread now −0.107%, 7d avg −0.117%
=The price spread sits at its 7-day average of −0.117%, so right now this pair is about funding alone: +$15 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.031% in total (about -1.6% a year). A funding rate is set anew for every payment. 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 | 0.7994 | −0.0398 | get 0.0050% / 1h | 29m 48s | $554K | $637K | 50x |
| Short | Bybit APTUSDT | 0.7985 | 0.0100 | get 0.0100% / 8h | 29m 48s | $29.7M | $36.6M | 50x |
Kraken Futures PF_APTUSD
Bybit APTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $104.6
- Price spread: −0.107% → −0.117%
- $1.02
- Slippage, 4 orders
- −$44.72
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $39.91
- Costs to cover
- 0.657%
- Break-even
- 4.3 days
Slippage from Kraken Futures: live order book, 48 min ago; Bybit: live order book, 4 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, 48 min ago | 8.28 bp | 21.7 bp −$22 | 96.0 bp −$960 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 0.63 bp | 10.0 bp −$10 | 22.3 bp −$223 | 74.4 bp −$7,438 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_APTUSDlong | −0.0398% | 1h | 0.7994 | long leg | $554K | $637K | 50x | |
| Variational Omni APT | −0.0036% | 8h | 0.7978 | −0.200% | $520K | $320K | — | as long as short |
| Orderly PERP_APT_USDC | −0.0009% | 8h | 0.7986 | −0.095% | $10K | $7K | 10x | as long as short |
| gTrade (Gains Network) APT/USD | L −0.0004% / S +0.0005% | 1h | 0.7990 | −0.042% | $22K | — | 150x | as long as short |
| Deribit APT_USDC-PERPETUAL | 0.0000% | 1h | 0.7990 | −0.045% | $14K | $415K | 50x | as long as short |
| Injective APT/USDC PERP | +0.0033% | 1h | 0.7780 | −2.672% | $2K | $241K | 12x | as long as short |
| Lighter APT | +0.0096% | 1h | 0.7988 | −0.070% | $437K | $353K | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7990 | −0.044% | $314K | $472K | 20x | as long as short |
| Binance APTUSDT | +0.0100% | 8h | 0.7989 | −0.057% | $29.8M | $99.3M | 75x | as long as short |
| Bybit APTUSDTshort | +0.0100% | 8h | 0.7985 | −0.107% | $29.7M | $36.6M | 50x |
Variational Omni APT
Orderly PERP_APT_USDC
gTrade (Gains Network) APT/USD
Deribit APT_USDC-PERPETUAL
Injective APT/USDC PERP
Lighter APT
Aster APTUSDT
Binance 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 | 0.7986 | −0.095% | $6.3M | $24.5M | 50x | as long as short |
| Gate APT_USDT | +0.0100% | 8h | 0.7989 | −0.057% | $2.8M | $4.7M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7989 | −0.057% | $29.1M | $14.8M | 200x | as long as short |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7987 | −0.082% | $5.6M | $12.2M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.7991 | −0.032% | $9.0M | $12.6M | 75x | as long as short |
| BingX APT-USDT | +0.0100% | 8h | 0.7988 | −0.070% | — | $25.3M | — | as long as short |
| Backpack APT_USDC_PERP | +0.0100% | 1h | 0.7995 | +0.018% | $203K | $368K | 20x | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.8000 | +0.080% | $67K | $569K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7975 | −0.232% | $6K | $1.5M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7987 | −0.082% | $61 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7982 | −0.145% | $269K | $139K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7985 | −0.110% | $85K | $464K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7988 | −0.068% | $25K | — | 3x | as long as short |
| Hyperliquid APT | +0.0167% | 1h | 0.7995 | +0.018% | $6.1M | $5.4M | 10x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0191% / S −0.0143% | 1h | 0.7990 | −0.047% | $17K | — | 100x | as long as short |
| BloFin APT-USDT | +0.0220% | 8h | 0.7990 | −0.045% | $1.5M | $826K | 75x | as long as short |
| Coinbase International APT-PERP-INTX | +0.0240% | 1h | 0.8009 | +0.193% | $213K | $575K | 50x | as long as short |
| Reya APTRUSDPERP | +0.0471% | 1h | 0.7987 | −0.080% | $3K | — | 20x | as long as short |
| 01 Exchange APTUSD | +0.0840% | 1h | 0.8141 | +1.844% | $2K | — | 5x | as long as short |
| dYdX APT-USD | +0.1123% | 1h | 0.7986 | −0.095% | $56K | $6K | 10x | as long as short |
OKX APT-USDT-SWAP
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
Hyperliquid APT
GMX APT/USD [ETH-USDC]
BloFin APT-USDT
Coinbase International APT-PERP-INTX
Reya APTRUSDPERP
01 Exchange APTUSD
dYdX APT-USD