APE

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0403%/8h= −44.1% APRnext payment −$0.50 per $10,000 · paid last 24h −0.003%

Price spread now: Kraken Futures against Deribit+0.106%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Deribit Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 5 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

The price spread pays, funding is against you. Kraken Futures is 0.106% dearer against Deribit than usual: you sell high and buy low (spread +0.106% now, against zero (this spread has no 7-day history yet)): +$11 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 21 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit APE_USDC-PERPETUAL	0.1472	0.0430	pay 0.0054% / 1h	5m 42s	$9K	$21K	25x
Short	Kraken Futures PF_APEUSD	0.1474	0.0027	get 0.0003% / 1h	5m 42s	$401K	$660K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Deribit. 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 DeribitbpFee Kraken FuturesbpOrdersPrice spread, now +0.106%Rate

Funding earned: −$84.56
Price spread: +0.106% → 0.000%: $10.62
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$90.94
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Deribit: no order-book sample; Kraken Futures: live order book, 42 min ago. 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 Deribit no order-book sample	—	—	—	—	—
Sell Kraken Futures live order book, 42 min ago	10.13 bp	26.0 bp −$26	87.6 bp −$876	doesn't fit	doesn't fit

Deribit: 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.

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	0.1471	−0.067%	$1K	—	100x	as long as short
Reya APERUSDPERP	0.0000%	1h	0.1235	−16.098%	—	—	—	as long as short
Kraken Futures PF_APEUSDshort	+0.0027%	1h	0.1474	+0.106%	$401K	$660K	20x
Injective APE/USDC PERP	+0.0033%	1h	0.1378	−6.386%	$1K	$12K	5.5x	as long as short
BloFin APE-USDT	+0.0080%	8h	0.1471	−0.068%	$212K	$59K	75x	as long as short
Hyperliquid APE	+0.0100%	1h	0.1476	+0.265%	$1.3M	$388K	5x	as long as short
Aster APEUSDT	+0.0100%	8h	0.1473	+0.091%	$123K	$20K	10x	as long as short
Binance APEUSDT	+0.0100%	8h	0.1474	+0.136%	$4.1M	$7.2M	50x	as long as short
Bybit APEUSDT	+0.0100%	8h	0.1474	+0.129%	$3.6M	$3.1M	50x	as long as short
OKX APE-USDT-SWAP	+0.0100%	8h	0.1474	+0.163%	$1.3M	$1.5M	20x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate APE_USDT	+0.0100%	8h	0.1473	+0.082%	$637K	$322K	50x	as long as short
MEXC APE_USDT	+0.0100%	8h	0.1474	+0.136%	$4.2M	$878K	50x	as long as short
KuCoin APEUSDTM	+0.0100%	8h	0.1473	+0.068%	$1.8M	$3.7M	50x	as long as short
Bitget APEUSDT	+0.0100%	8h	0.1474	+0.136%	$2.1M	$615K	25x	as long as short
BingX APE-USDT	+0.0100%	8h	0.1473	+0.068%	—	$13.1M	—	as long as short
Variational Omni APE	+0.0100%	8h	0.1472	−0.031%	$7K	$12K	—	as long as short
Extended APE-USD	+0.0104%	1h	0.1473	+0.040%	$4K	$208K	10x	as long as short
dYdX APE-USD	+0.0151%	1h	0.1473	+0.035%	$9K	—	5x	as long as short
Deribit APE_USDC-PERPETUALlong	+0.0430%	1h	0.1472	long leg	$9K	$21K	25x
Coinbase International APE-PERP-INTX	+0.0936%	1h	0.1475	+0.204%	$99K	$8K	25x	as long as short