Funding you earn now, next payment 08:00 UTC+0.0071%/8h= +7.8% APRnext payment +$0.09 per $10,000 · paid last 24h +0.023%
Price spread now: Kraken Futures against Hyperliquid−0.014%7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$113as in the Funding arb table
Net, price: spread back to 7d avg − costs−$115as in the Price arb table
costs, in and out, $10k−$1161.159% of the position
Funding, last 7 days+0.027%+$3 on $10k
+Price spread, last 4 days (all we have)+0.207%+$21 · spread now −0.014%, 7d avg −0.018%
=Together, before fees+0.234%+ Points / potential airdropHyperliquid: Season 2 · farm board+$23 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.018%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid APE | 0.1466 | 0.0162 | pay 0.0020% / 1h | 21m 56s | $1.3M | $374K | 5x |
| Short | Kraken Futures PF_APEUSD | 0.1466 | 0.0232 | get 0.0029% / 1h | 21m 56s | $398K | $692K | 20x |
Hyperliquid APE
Kraken Futures PF_APEUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Hyperliquid. 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
- $14.91
- Price spread: −0.014% → −0.018%
- $0.47
- Slippage, 4 orders
- −$96.85
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$100.47
- Costs to cover
- 1.159%
- Break-even
- 54.2 days
Slippage from Hyperliquid: live order book, 9 min ago; Kraken Futures: live order book, 16 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 Hyperliquid live order book, 9 min ago | 1.02 bp | 22.3 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 16 min ago | 10.18 bp | 30.3 bp −$30 | 91.5 bp −$915 | 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 | 0.1463 | −0.160% | $1K | — | 100x | as long as short |
| Reya APERUSDPERP | 0.0000% | 1h | 0.1235 | −15.744% | — | — | — | as long as short |
| Injective APE/USDC PERP | +0.0033% | 1h | 0.1378 | −5.990% | $1K | $12K | 5.5x | as long as short |
| BloFin APE-USDT | +0.0088% | 8h | 0.1463 | −0.191% | $218K | $59K | 75x | as long as short |
| Aster APEUSDT | +0.0100% | 8h | 0.1463 | −0.176% | $122K | $20K | 10x | as long as short |
| Binance APEUSDT | +0.0100% | 8h | 0.1463 | −0.182% | $4.1M | $7.2M | 50x | as long as short |
| Bybit APEUSDT | +0.0100% | 8h | 0.1464 | −0.143% | $3.6M | $2.9M | 50x | as long as short |
| OKX APE-USDT-SWAP | +0.0100% | 8h | 0.1464 | −0.123% | $1.3M | $1.5M | 20x | as long as short |
| Gate APE_USDT | +0.0100% | 8h | 0.1464 | −0.123% | $633K | $313K | 50x | as long as short |
| MEXC APE_USDT | +0.0100% | 8h | 0.1462 | −0.259% | $4.2M | $826K | 50x | as long as short |
GMX APE/USD [APE-USDC]
Reya APERUSDPERP
Injective APE/USDC PERP
BloFin APE-USDT
Aster APEUSDT
Binance APEUSDT
Bybit APEUSDT
OKX APE-USDT-SWAP
Gate APE_USDT
MEXC APE_USDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin APEUSDTM | +0.0100% | 8h | 0.1463 | −0.191% | $1.8M | $4.0M | 50x | as long as short |
| Bitget APEUSDT | +0.0100% | 8h | 0.1464 | −0.123% | $2.1M | $607K | 25x | as long as short |
| BingX APE-USDT | +0.0100% | 8h | 0.1464 | −0.123% | — | $13.0M | — | as long as short |
| Variational Omni APE | +0.0100% | 8h | 0.1467 | +0.087% | $5K | $14K | — | as long as short |
| dYdX APE-USD | +0.0100% | 1h | 0.1465 | −0.044% | $9K | — | 5x | as long as short |
| Extended APE-USD | +0.0104% | 1h | 0.1463 | −0.218% | $4K | $208K | 10x | as long as short |
| Hyperliquid APElong | +0.0162% | 1h | 0.1466 | long leg | $1.3M | $374K | 5x | |
| Kraken Futures PF_APEUSDshort | +0.0232% | 1h | 0.1466 | −0.014% | $398K | $692K | 20x | |
| Deribit APE_USDC-PERPETUAL | +0.0434% | 1h | 0.1464 | −0.123% | $5K | $24K | 25x | as long as short |
| Coinbase International APE-PERP-INTX | +0.1104% | 1h | 0.1484 | +1.242% | $100K | $8K | 25x | as long as short |
KuCoin APEUSDTM
Bitget APEUSDT
BingX APE-USDT
Variational Omni APE
dYdX APE-USD
Extended APE-USD
Deribit APE_USDC-PERPETUAL
Coinbase International APE-PERP-INTX