Funding you earn now, next payment 11:00 UTC−0.4637%/8h= −507.7% APRnext payment −$5.80 per $10,000 · paid last 24h −0.604%
Price spread now: Kraken Futures against ApeX Omni−1.146%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$139 a day on $10k at the current rate, and Kraken Futures is 1.146% cheaper against ApeX Omni than usual: you would sell low and buy high (−$115 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni SUSDT | 0.04680 | 0.0100 | pay 0.0013% / 1h | 30m 39s | $25K | $528K | 50x |
| Short | Kraken Futures PF_SUSD | 0.04626 | −0.4537 | pay 0.0567% / 1h | 30m 39s | $39K | $28K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against ApeX Omni. 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
- −$973.67
- Price spread: −1.146% → 0.000%
- −$114.56
- Slippage, 4 orders
- no order book: not counted
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$1,108.23
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: ApeX Omni: live order book, 15 min ago; Kraken Futures: no order-book sample. Net counts fees only.
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 ApeX Omni live order book, 15 min ago | 32.93 bp | 106.4 bp −$106 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
S on 25 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange SUSD | −1.0448% | 1h | 0.04470 | −4.487% | $27K | $3K | 5x | as long as short |
| Kraken Futures PF_SUSDshort | −0.4537% | 1h | 0.04626 | −1.146% | $39K | $28K | 10x | |
| Coinbase International S-PERP-INTX | −0.1904% | 1h | 0.04128 | −11.795% | $50K | $18K | 25x | as long as short |
| Variational Omni S | −0.0901% | 4h | 0.04639 | −0.878% | $743K | $43K | — | as long as short |
| Deribit S_USDC-PERPETUAL | −0.0394% | 1h | 0.04656 | −0.513% | $78K | $623 | 10x | as long as short |
| GMX S/USD [WBTC.b-USDC] | L −0.0336% / S +0.0211% | 1h | 0.04656 | −0.515% | $2K | — | 100x | as long as short |
| Reya SRUSDPERP | −0.0101% | 1h | 0.04637 | −0.911% | $5 | — | 15x | as long as short |
| Orderly PERP_S_USDC | −0.0049% | 4h | 0.04649 | −0.662% | $115K | $641K | 10x | as long as short |
| gTrade (Gains Network) S/USD | L +0.0001% / S +0.0006% | 1h | 0.04624 | −1.206% | $713 | — | 150x | as long as short |
| Lighter S | +0.0096% | 1h | 0.04649 | −0.662% | $163K | $144K | 5x | as long as short |
Show all 25 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid S | +0.0100% | 1h | 0.04650 | −0.637% | $1.2M | $924K | 5x | as long as short |
| Aster SUSDT | +0.0100% | 4h | 0.04652 | −0.595% | $49K | $155K | 10x | as long as short |
| Binance SUSDT | +0.0100% | 4h | 0.04649 | −0.656% | $7.2M | $21.8M | 75x | as long as short |
| Bybit SUSDT | +0.0100% | 4h | 0.04640 | −0.855% | $6.6M | $5.8M | 50x | as long as short |
| OKX S-USDT-SWAP | +0.0100% | 4h | 0.04645 | −0.748% | $1.4M | $6.7M | 20x | as long as short |
| Gate S_USDT | +0.0100% | 4h | 0.04642 | −0.812% | $398K | $249K | 50x | as long as short |
| MEXC S_USDT | +0.0100% | 4h | 0.04648 | −0.684% | $4.3M | $3.2M | 200x | as long as short |
| KuCoin SUSDTM | +0.0100% | 4h | 0.04648 | −0.684% | $2.2M | $2.9M | 50x | as long as short |
| Bitget SUSDT | +0.0100% | 4h | 0.04648 | −0.684% | $1.4M | $3.1M | 50x | as long as short |
| BingX S-USDT | +0.0100% | 4h | 0.04645 | −0.748% | — | $7.1M | — | as long as short |
| ApeX Omni SUSDTlong | +0.0100% | 1h | 0.04680 | long leg | $25K | $528K | 50x | |
| Extended S-USD | +0.0104% | 1h | 0.04637 | −0.913% | $251K | $1.3M | 10x | as long as short |
| Injective S/USDC PERP | +0.0140% | 1h | 0.04600 | −1.709% | $2K | $2 | 12x | as long as short |
| BloFin S-USDT | +0.0340% | 4h | 0.04633 | −1.004% | $335K | $237K | 75x | as long as short |
| Backpack S_USDC_PERP | +0.0703% | 1h | 0.04650 | −0.641% | $106K | $460K | 5x | as long as short |
ApeX Omni SUSDT
Kraken Futures PF_SUSD
01 Exchange SUSD
Coinbase International S-PERP-INTX
Variational Omni S
Deribit S_USDC-PERPETUAL
GMX S/USD [WBTC.b-USDC]
gTrade (Gains Network) S/USD
Lighter S
Hyperliquid S
Aster SUSDT
Binance SUSDT
Bybit SUSDT
OKX S-USDT-SWAP
Gate S_USDT
MEXC S_USDT
KuCoin SUSDTM
Bitget SUSDT
BingX S-USDT
Extended S-USD
Injective S/USDC PERP
BloFin S-USDT
Backpack S_USDC_PERP