Funding you earn now, next payment 03:00 UTC−0.0279%/8h= −30.6% APRpaid last 24h +0.005%
Price spread now: Kraken Futures against Gate+0.069%7-day average +0.082% · you sell dearer than you buy
Net, funding: paid 7d − costs−$136as in the Funding arb table
Net, price: spread back to 7d avg − costs−$140as in the Price arb table
costs, in and out, $10k−$1391.391% of the position
Funding, last 7 days+0.028%+$3 on $10k
+Price spread, last 4 days (all we have)+0.451%+$45 · spread now +0.069%, 7d avg +0.082%
=The price spread sits at its 7-day average of +0.082%, so right now this pair is about funding alone: −$8 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.028% in total (about 1.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate APE_USDT | 0.1467 | 0.0100 | pay 0.0100% / 8h | 5h 05m | $631K | $309K | 50x |
| Short | Kraken Futures PF_APEUSD | 0.1468 | −0.0179 | pay 0.0022% / 1h | 5m 44s | $404K | $611K | 20x |
Gate APE_USDT
Kraken Futures PF_APEUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Gate. 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
- −$58.69
- Price spread: +0.069% → +0.082%
- −$1.33
- Slippage, 4 orders
- −$114.08
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$199.09
- Costs to cover
- 1.391%
- Break-even
- never at this rate
Slippage from Gate: live order book, 56 min ago; Kraken Futures: live order book, 57 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 Gate live order book, 56 min ago | 7.13 bp | 20.6 bp −$21 | 122.2 bp −$1,222 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 57 min ago | 13.57 bp | 30.2 bp −$30 | 97.0 bp −$970 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_APEUSDshort | −0.0179% | 1h | 0.1468 | +0.069% | $404K | $611K | 20x | |
| GMX APE/USD [APE-USDC] | L −0.0178% / S +0.0185% | 1h | 0.1468 | +0.042% | $1K | — | 100x | as long as short |
| Reya APERUSDPERP | 0.0000% | 1h | 0.1235 | −15.814% | — | — | — | as long as short |
| Injective APE/USDC PERP | +0.0033% | 1h | 0.1378 | −6.067% | $1K | $12K | 5.5x | as long as short |
| dYdX APE-USD | +0.0062% | 1h | 0.1467 | −0.022% | $9K | $5 | 5x | as long as short |
| Hyperliquid APE | +0.0100% | 1h | 0.1470 | +0.184% | $1.3M | $363K | 5x | as long as short |
| Aster APEUSDT | +0.0100% | 8h | 0.1467 | +0.032% | $122K | $21K | 10x | as long as short |
| Binance APEUSDT | +0.0100% | 8h | 0.1467 | 0.000% | $4.1M | $6.6M | 50x | as long as short |
| Bybit APEUSDT | +0.0100% | 8h | 0.1466 | −0.055% | $3.6M | $3.0M | 50x | as long as short |
| OKX APE-USDT-SWAP | +0.0100% | 8h | 0.1467 | 0.000% | $1.3M | $1.4M | 20x | as long as short |
GMX APE/USD [APE-USDC]
Reya APERUSDPERP
Injective APE/USDC PERP
dYdX APE-USD
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_USDTlong | +0.0100% | 8h | 0.1467 | long leg | $631K | $309K | 50x | |
| MEXC APE_USDT | +0.0100% | 8h | 0.1467 | 0.000% | $4.4M | $879K | 50x | as long as short |
| KuCoin APEUSDTM | +0.0100% | 8h | 0.1466 | −0.068% | $1.8M | $2.9M | 50x | as long as short |
| Bitget APEUSDT | +0.0100% | 8h | 0.1467 | 0.000% | $2.1M | $548K | 25x | as long as short |
| BingX APE-USDT | +0.0100% | 8h | 0.1467 | 0.000% | — | $13.1M | — | as long as short |
| Variational Omni APE | +0.0100% | 8h | 0.1467 | +0.011% | $7K | $12K | — | as long as short |
| Extended APE-USD | +0.0104% | 1h | 0.1467 | −0.026% | $4K | $206K | 10x | as long as short |
| BloFin APE-USDT | +0.0220% | 8h | 0.1469 | +0.136% | $221K | $57K | 75x | as long as short |
| Deribit APE_USDC-PERPETUAL | +0.0432% | 1h | 0.1468 | +0.068% | $11K | $18K | 25x | as long as short |
| Coinbase International APE-PERP-INTX | +0.0880% | 1h | 0.1483 | +1.091% | $100K | $7K | 25x | as long as short |
MEXC APE_USDT
KuCoin APEUSDTM
Bitget APEUSDT
BingX APE-USDT
Variational Omni APE
Extended APE-USD
BloFin APE-USDT
Deribit APE_USDC-PERPETUAL
Coinbase International APE-PERP-INTX