Funding you earn now, next payment 08:00 UTC+0.0155%/8h= +17.0% APRpaid last 24h +0.020%
Price spread now: Kraken Futures against BloFin−0.037%57s7-day average +0.073% · you buy dearer than you sell
Net, funding: paid 7d − costs−$96as 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−$1051.046% of the position
Funding, last 7 days+0.091%+$9 on $10k
+Price spread, last 4 days (all we have)+0.382%+$38 · spread now −0.037%, 7d avg +0.073%
=Funding pays, the price is against you. Kraken Futures is 0.110% cheaper against BloFin than usual: you would sell low and buy high (spread −0.037% now, against its 7-day average of +0.073%). If the spread goes back, that is −$11 on $10k: about 2.4 days of funding at the current rate (+$5 a day). At the pace of the last 7 days (+0.091% in total) that is about 8.5 days. The two prices were read 57 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 | BloFin APE-USDT | 0.1479 | 0.0076 | pay 0.0076% / 8h | 58m 06s | $218K | $60K | 75x |
| Short | Kraken Futures PF_APEUSD | 0.1478 | 0.0230 | get 0.0029% / 1h | 58m 06s | $403K | $670K | 20x |
BloFin APE-USDT
Kraken Futures PF_APEUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against BloFin. 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
- $32.52
- Price spread: −0.037% → +0.073%
- −$11.02
- Slippage, 4 orders
- −$82.64
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$83.14
- Costs to cover
- 1.046%
- Break-even
- 24.9 days
Slippage from BloFin: live order book, 4 min ago; Kraken Futures: live order book, 45 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 BloFin live order book, 4 min ago | 10.14 bp | 16.1 bp −$16 | 37.6 bp −$376 | 335.2 bp −$33.5K | doesn't fit |
| Sell Kraken Futures live order book, 45 min ago | 10.19 bp | 29.5 bp −$29 | 90.4 bp −$904 | doesn't fit | doesn't fit |
APE on 20 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX APE/USD [APE-USDC] | L −0.0178% / S +0.0185% | 1h | 0.1477 | −0.114% | $1K | — | 100x | as long as short |
| dYdX APE-USD | 0.0000% | 1h | 0.1478 | −0.037% | $9K | — | 5x | as long as short |
| Reya APERUSDPERP | 0.0000% | 1h | 0.1235 | −16.495% | — | — | — | as long as short |
| Injective APE/USDC PERP | +0.0033% | 1h | 0.1378 | −6.829% | $1K | $12K | 5.5x | as long as short |
| BloFin APE-USDTlong | +0.0076% | 8h | 0.1479 | long leg | $218K | $60K | 75x | |
| Hyperliquid APE | +0.0100% | 1h | 0.1481 | +0.135% | $1.3M | $389K | 5x | as long as short |
| Aster APEUSDT | +0.0100% | 8h | 0.1478 | −0.063% | $123K | $20K | 10x | as long as short |
| Binance APEUSDT | +0.0100% | 8h | 0.1478 | −0.089% | $4.1M | $7.2M | 50x | as long as short |
| Bybit APEUSDT | +0.0100% | 8h | 0.1477 | −0.115% | $3.6M | $3.0M | 50x | as long as short |
| OKX APE-USDT-SWAP | +0.0100% | 8h | 0.1479 | +0.034% | $1.3M | $1.5M | 20x | as long as short |
GMX APE/USD [APE-USDC]
dYdX APE-USD
Reya APERUSDPERP
Injective APE/USDC PERP
Hyperliquid APE
Aster APEUSDT
Binance APEUSDT
Bybit APEUSDT
OKX APE-USDT-SWAPShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate APE_USDT | +0.0100% | 8h | 0.1479 | 0.000% | $641K | $311K | 50x | as long as short |
| MEXC APE_USDT | +0.0100% | 8h | 0.1477 | −0.135% | $4.2M | $823K | 50x | as long as short |
| KuCoin APEUSDTM | +0.0100% | 8h | 0.1477 | −0.135% | $1.8M | $3.9M | 50x | as long as short |
| Bitget APEUSDT | +0.0100% | 8h | 0.1479 | 0.000% | $2.1M | $599K | 25x | as long as short |
| BingX APE-USDT | +0.0100% | 8h | 0.1479 | 0.000% | — | $13.0M | — | as long as short |
| Variational Omni APE | +0.0100% | 8h | 0.1479 | −0.021% | $5K | $14K | — | as long as short |
| Extended APE-USD | +0.0104% | 1h | 0.1477 | −0.114% | $6K | $207K | 10x | as long as short |
| Kraken Futures PF_APEUSDshort | +0.0230% | 1h | 0.1478 | −0.037% | $403K | $670K | 20x | |
| Deribit APE_USDC-PERPETUAL | +0.0427% | 1h | 0.1478 | −0.068% | $5K | $24K | 25x | as long as short |
| Coinbase International APE-PERP-INTX | +0.1104% | 1h | 0.1486 | +0.473% | $100K | $8K | 25x | as long as short |
Gate APE_USDT
MEXC APE_USDT
KuCoin APEUSDTM
Bitget APEUSDT
BingX APE-USDT
Variational Omni APE
Extended APE-USD
Deribit APE_USDC-PERPETUAL
Coinbase International APE-PERP-INTX