Settings8H · net · $10k
Funding arb · Price arb /

APE

all APE markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0278%/8h= +30.4% APRpaid last 24h −0.011%
Price spread now: Aster against Kraken Futures+0.005%7-day average −0.097% · you sell dearer than you buy
Net, funding: paid 7d − costs−$156as in the Funding arb table
Net, price: spread back to 7d avg − costs−$146as in the Price arb table
costs, in and out, $10k−$1561.563% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.001%$0 on $10k
Price spread, last 3 days (all we have)−0.344%−$34 · spread now +0.005%, 7d avg −0.097%
Together, before fees−0.342%+ Points / potential airdropAster: Stage 5 · farm board−$34 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Aster is 0.102% dearer against Kraken Futures than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.097%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.001% in total (about 0.1% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_APEUSD0.1480−0.0178get 0.0022% / 1h56m 12s$410K$599K20x
ShortAster APEUSDT0.14800.0100get 0.0100% / 8h5h 56m$123K$22K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Kraken Futures. 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

Funding earned
$58.37
Price spread: +0.005% → −0.097%
$10.21
Slippage, 4 orders
−$138.33
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$87.75
Costs to cover
1.563%
Break-even
17.5 days
Slippage from Kraken Futures: live order book, 7 min ago; Aster: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures live order book, 7 min ago13.57 bp65.3 bp −$65doesn't fitdoesn't fitdoesn't fit
Sell Aster live order book, 5 min ago13.56 bp34.2 bp −$34doesn't fitdoesn't fitdoesn't fit

APE on 19 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_APEUSDlong−0.0178%1h0.1480long leg$410K$599K20x
GMX APE/USD [APE-USDC]L −0.0178% / S +0.0185%1h0.1481+0.014%$1K100xas long as short
dYdX APE-USD0.0000%1h0.1471−0.650%$9K$55xas long as short
Reya APERUSDPERP0.0000%1h0.1235−16.578%as long as short
Injective APE/USDC PERP+0.0033%1h0.1378−6.918%$1K$12K5.5xas long as short
Hyperliquid APE+0.0100%1h0.1480−0.001%$1.3M$374K5xas long as short
Aster APEUSDTshort+0.0100%8h0.1480+0.005%$123K$22K10x
Binance APEUSDT+0.0100%8h0.1479−0.095%$4.1M$6.5M50xas long as short
Bybit APEUSDT+0.0100%8h0.1479−0.102%$3.7M$3.0M50xas long as short
OKX APE-USDT-SWAP+0.0100%8h0.1478−0.143%$1.3M$1.4M20xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate APE_USDT+0.0100%8h0.1479−0.102%$635K$303K50xas long as short
MEXC APE_USDT+0.0100%8h0.1478−0.163%$4.3M$848K50xas long as short
KuCoin APEUSDTM+0.0100%8h0.1478−0.163%$1.8M$2.7M50xas long as short
Bitget APEUSDT+0.0100%8h0.1479−0.095%$2.1M$544K25xas long as short
BingX APE-USDT+0.0100%8h0.1480−0.028%$13.1Mas long as short
Variational Omni APE+0.0100%8h0.1481+0.047%$7K$12Kas long as short
Extended APE-USD+0.0104%1h0.1480−0.029%$4K$202K10xas long as short
Deribit APE_USDC-PERPETUAL+0.0426%1h0.1481+0.040%$11K$18K25xas long as short
Coinbase International APE-PERP-INTX+0.0880%1h0.1477−0.231%$99K$7K25xas long as short