Funding you earn now, next payment 06:00 UTC−0.0204%/8h= −22.4% APRnext payment −$0.26 per $10,000 · paid last 24h +0.032%
Price spread now: Deribit against Kraken Futures−0.037%7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$640.645% of the position
Funding, last 7 days−0.162%−$16 on $10k
+Price spread, last 4 days (all we have)−0.126%−$13 · spread now −0.037%, 7d avg −0.007%
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Deribit is 0.030% cheaper against Kraken Futures than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.007%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_APTUSD | 0.7551 | 0.0219 | pay 0.0027% / 1h | 23m 03s | $524K | $626K | 50x |
| Short | Deribit APT_USDC-PERPETUAL | 0.7548 | 0.0015 | get 0.0002% / 1h | 23m 03s | $12K | $571K | 50x |
Kraken Futures PF_APTUSD
Deribit APT_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$42.9
- Price spread: −0.037% → −0.007%
- −$3.03
- Slippage, 4 orders
- −$47.46
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$110.39
- Costs to cover
- 0.645%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 25 min ago; Deribit: live order book, 26 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, 25 min ago | 6.57 bp | 19.2 bp −$19 | 61.4 bp −$614 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 26 min ago | 5.91 bp | 14.6 bp −$15 | doesn't fit | 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 | 0.7551 | −0.003% | $20K | — | 150x | as long as short |
| Variational Omni APT | +0.0005% | 8h | 0.7534 | −0.219% | $502K | $413K | — | as long as short |
| Deribit APT_USDC-PERPETUALshort | +0.0015% | 1h | 0.7548 | −0.037% | $12K | $571K | 50x | |
| Orderly PERP_APT_USDC | +0.0020% | 8h | 0.7543 | −0.104% | $10K | $7K | 10x | as long as short |
| Injective APT/USDC PERP | +0.0033% | 1h | 0.7780 | +3.035% | $2K | $240K | 12x | as long as short |
| Lighter APT | +0.0096% | 1h | 0.7551 | +0.002% | $403K | $426K | 10x | as long as short |
| Hyperliquid APT | +0.0100% | 1h | 0.7558 | +0.095% | $4.8M | $6.3M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7558 | +0.095% | $93K | $961K | 20x | as long as short |
| Binance APTUSDT | +0.0100% | 8h | 0.7558 | +0.096% | $27.4M | $107.6M | 75x | as long as short |
| Bybit APTUSDT | +0.0100% | 8h | 0.7551 | +0.002% | $26.8M | $41.2M | 50x | as long as short |
gTrade (Gains Network) APT/USD
Variational Omni APT
Orderly PERP_APT_USDC
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 | 0.7554 | +0.042% | $5.6M | $25.2M | 50x | as long as short |
| Gate APT_USDT | +0.0100% | 8h | 0.7555 | +0.055% | $2.6M | $5.1M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7559 | +0.108% | $29.9M | $15.3M | 200x | as long as short |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7552 | +0.016% | $4.9M | $12.1M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.7557 | +0.082% | $8.5M | $13.2M | 75x | as long as short |
| BingX APT-USDT | +0.0100% | 8h | 0.7554 | +0.042% | — | $26.3M | — | as long as short |
| Backpack APT_USDC_PERP | +0.0100% | 1h | 0.7559 | +0.108% | $187K | $359K | 20x | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7540 | −0.143% | $60K | $580K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7537 | −0.183% | $6K | $1.5M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7550 | −0.011% | $88 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7555 | +0.055% | $249K | $153K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7544 | −0.085% | $80K | $581K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7548 | −0.034% | $28K | $5K | 3x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0136% / S −0.0090% | 1h | 0.7545 | −0.071% | $16K | — | 100x | as long as short |
| Kraken Futures PF_APTUSDlong | +0.0219% | 1h | 0.7551 | long leg | $524K | $626K | 50x | |
| BloFin APT-USDT | +0.0220% | 8h | 0.7557 | +0.082% | $1.4M | $966K | 75x | as long as short |
| Coinbase International APT-PERP-INTX | +0.0320% | 1h | 0.7577 | +0.347% | $218K | $457K | 50x | as long as short |
| Reya APTRUSDPERP | +0.0493% | 1h | 0.7546 | −0.063% | $3K | — | 20x | as long as short |
| dYdX APT-USD | +0.0830% | 1h | 0.7561 | +0.130% | $53K | $6K | 10x | as long as short |
| 01 Exchange APTUSD | +0.7024% | 1h | 0.7725 | +2.307% | $2K | — | 5x | 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
GMX APT/USD [ETH-USDC]
BloFin APT-USDT
Coinbase International APT-PERP-INTX
Reya APTRUSDPERP
dYdX APT-USD
01 Exchange APTUSD