Funding you earn now, next payment 05:00 UTC−0.0150%/8h= −16.4% APRpaid last 24h +0.089%
Price spread now: MEXC against Kraken Futures+0.014%7-day average −0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$720.721% of the position
Funding, last 7 days−0.026%−$3 on $10k
+Price spread, last 4 days (all we have)−1.299%−$130 · spread now +0.014%, 7d avg −0.039%
=The price spread pays, funding is against you. MEXC is 0.053% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.014% now, against its 7-day average of −0.039%): +$5 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 28 hours. At the pace of the last 7 days (−0.026% in total) that is about 14 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_APTUSD | 0.7686 | 0.0250 | pay 0.0031% / 1h | 31m 01s | $533K | $638K | 50x |
| Short | MEXC APT_USDT | 0.7687 | 0.0100 | get 0.0100% / 8h | 3h 31m | $29.0M | $15.1M | 200x |
Kraken Futures PF_APTUSD
MEXC APT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$31.44
- Price spread: +0.014% → −0.039%
- $5.32
- Slippage, 4 orders
- −$62.06
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$98.18
- Costs to cover
- 0.721%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 22 min ago; MEXC: live order book, 3 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, 22 min ago | 10.37 bp | 33.5 bp −$34 | 82.7 bp −$827 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 0.65 bp | 4.4 bp −$4 | 15.9 bp −$159 | 63.4 bp −$6,344 | 82.6 bp −$41.3K |
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 | 0.7685 | −0.012% | $21K | — | 150x | as long as short |
| Orderly PERP_APT_USDC | +0.0018% | 8h | 0.7687 | +0.014% | $10K | $7K | 10x | as long as short |
| Variational Omni APT | +0.0026% | 8h | 0.7685 | −0.010% | $512K | $416K | — | as long as short |
| Injective APT/USDC PERP | +0.0033% | 1h | 0.7780 | +1.224% | $2K | $240K | 12x | as long as short |
| Lighter APT | +0.0096% | 1h | 0.7685 | −0.012% | $410K | $422K | 10x | as long as short |
| Hyperliquid APT | +0.0100% | 1h | 0.7697 | +0.144% | $5.2M | $6.1M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7691 | +0.069% | $98K | $958K | 20x | as long as short |
| Binance APTUSDT | +0.0100% | 8h | 0.7695 | +0.116% | $27.9M | $106.7M | 75x | as long as short |
| Bybit APTUSDT | +0.0100% | 8h | 0.7694 | +0.105% | $27.5M | $40.0M | 50x | as long as short |
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7684 | −0.025% | $5.7M | $24.9M | 50x | as long as short |
gTrade (Gains Network) APT/USD
Orderly PERP_APT_USDC
Variational Omni APT
Injective APT/USDC PERP
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 | 0.7693 | +0.092% | $2.7M | $5.0M | 75x | as long as short |
| MEXC APT_USDTshort | +0.0100% | 8h | 0.7687 | +0.014% | $29.0M | $15.1M | 200x | |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7690 | +0.053% | $5.1M | $12.3M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.7686 | +0.001% | $8.8M | $13.1M | 75x | as long as short |
| BingX APT-USDT | +0.0100% | 8h | 0.7693 | +0.092% | — | $25.9M | — | as long as short |
| Backpack APT_USDC_PERP | +0.0100% | 1h | 0.7700 | +0.183% | $179K | $383K | 20x | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7660 | −0.338% | $61K | $581K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7674 | −0.155% | $6K | $1.5M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7688 | +0.027% | $70 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7663 | −0.298% | $250K | $149K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7683 | −0.038% | $79K | $428K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7689 | +0.036% | $28K | $5K | 3x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0136% / S −0.0090% | 1h | 0.7684 | −0.026% | $16K | — | 100x | as long as short |
| BloFin APT-USDT | +0.0220% | 8h | 0.7687 | +0.014% | $1.4M | $956K | 75x | as long as short |
| Kraken Futures PF_APTUSDlong | +0.0250% | 1h | 0.7686 | long leg | $533K | $638K | 50x | |
| Deribit APT_USDC-PERPETUAL | +0.0270% | 1h | 0.7692 | +0.079% | $7K | $515K | 50x | as long as short |
| Coinbase International APT-PERP-INTX | +0.0312% | 1h | 0.7692 | +0.079% | $222K | $461K | 50x | as long as short |
| Reya APTRUSDPERP | +0.0488% | 1h | 0.7685 | −0.013% | $3K | — | 20x | as long as short |
| dYdX APT-USD | +0.0525% | 1h | 0.7664 | −0.291% | $54K | $6K | 10x | as long as short |
| 01 Exchange APTUSD | +0.4928% | 1h | 0.7788 | +1.328% | $2K | — | 5x | as long as short |
Gate 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
Deribit APT_USDC-PERPETUAL
Coinbase International APT-PERP-INTX
Reya APTRUSDPERP
dYdX APT-USD
01 Exchange APTUSD