AR

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.1998%/8h= +218.7% APRnext payment +$2.50 per $10,000 · paid last 24h +0.366%

Price spread now: ApeX Omni against Kraken Futures+0.523%75s7-day average −0.107% · you sell dearer than you buy

Net, funding: paid 7d − costs+$58as 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−$890.887% of the position

Long on Kraken Futures Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+1.468%+$147 on $10k

Price spread, last 3 days (all we have)−0.450%−$45 · spread now +0.523%, 7d avg −0.107%

Together, before fees+1.019%+$102 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$60 a day on $10k at the current rate, and ApeX Omni is 0.630% dearer against Kraken Futures than usual: you sell high and buy low: +$63 more if the spread goes back to its 7-day average of −0.107%. The two prices were read 75 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_ARUSD	4.5840	−0.1963	get 0.0245% / 1h	47m 52s	$52K	$163K	20x
Short	ApeX Omni ARUSDT	4.6080	0.0034	get 0.0004% / 1h	47m 52s	$58K	$747K	50x

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Kraken FuturesbpFee ApeX OmnibpOrdersPrice spread, now +0.523%Rate

Funding earned: $419.49
Price spread: +0.523% → −0.107%: $63.04
Slippage, 4 orders: −$68.72
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: $393.8
Costs to cover: 0.887%
Break-even: 0.4 days

Slippage from Kraken Futures: live order book, 29 min ago; ApeX Omni: live order book, 31 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, 29 min ago	14.23 bp	32.6 bp −$33	doesn't fit	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 31 min ago	5.51 bp	13.9 bp −$14	118.1 bp −$1,181	doesn't fit	doesn't fit

AR on 17 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_ARUSDlong	−0.1963%	1h	4.5840	long leg	$52K	$163K	20x
GMX AR/USD [WBTC.b-USDC]	L −0.0140% / S +0.0551%	1h	4.5862	+0.047%	$589K	—	50x	as long as short
OKX AR-USDT-SWAP	+0.0004%	8h	4.5800	−0.088%	$2.4M	$20.9M	20x	as long as short
Injective AR/USDC PERP	+0.0033%	1h	4.5720	−0.262%	$3K	$339	5.5x	as long as short
ApeX Omni ARUSDTshort	+0.0034%	1h	4.6080	+0.523%	$58K	$747K	50x
MEXC AR_USDT	+0.0052%	8h	4.5870	+0.065%	$6.8M	$4.4M	100x	as long as short
Binance ARUSDT	+0.0052%	8h	4.5836	−0.008%	$9.1M	$55.8M	75x	as long as short
Extended AR-USD	+0.0056%	1h	4.5841	+0.001%	$37K	$237K	10x	as long as short
Hyperliquid AR	+0.0100%	1h	4.5932	+0.200%	$4.1M	$4.9M	5x	as long as short
Aster ARUSDT	+0.0100%	8h	4.5823	−0.037%	$20K	$611K	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit ARUSDT	+0.0100%	8h	4.5830	−0.022%	$4.6M	$9.0M	75x	as long as short
Gate AR_USDT	+0.0100%	8h	4.5840	0.000%	$2.6M	$2.3M	50x	as long as short
KuCoin ARUSDTM	+0.0100%	8h	4.5850	+0.021%	$1.4M	$1.2M	50x	as long as short
Bitget ARUSDT	+0.0100%	8h	4.5870	+0.065%	$3.9M	$5.6M	75x	as long as short
BingX AR-USDT	+0.0100%	8h	4.5820	−0.044%	—	$2.9M	—	as long as short
Variational Omni AR	+0.0100%	8h	4.6024	+0.401%	$139K	$172K	—	as long as short
BloFin AR-USDT	+0.0172%	8h	4.5830	−0.022%	$430K	$675K	20x	as long as short