Funding you earn now, next payment 04:00 UTC−0.0011%/8h= −1.2% APRnext payment −$0.01 per $10,000 · paid last 24h +0.018%
Price spread now: Deribit against Kraken Futures−0.063%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Deribit is 0.063% cheaper against Kraken Futures than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_APEUSD | 0.1463 | 0.0011 | pay 0.0001% / 1h | 40m 18s | $404K | $614K | 20x |
| Short | Deribit APE_USDC-PERPETUAL | 0.1462 | 0 | get 0.0000% / 1h | 40m 18s | $11K | $18K | 25x |
Kraken Futures PF_APEUSD
Deribit APE_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$2.34
- Price spread: −0.063% → 0.000%
- −$6.34
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$25.68
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: live order book, 18 min ago; Deribit: no order-book sample. 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 Kraken Futures live order book, 18 min ago | 10.23 bp | 18.4 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
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 | 0.1463 | −0.018% | $1K | — | 100x | as long as short |
| Reya APERUSDPERP | 0.0000% | 1h | 0.1235 | −15.580% | — | — | — | as long as short |
| Deribit APE_USDC-PERPETUALshort | 0.0000% | 1h | 0.1462 | −0.063% | $11K | $18K | 25x | |
| Kraken Futures PF_APEUSDlong | +0.0011% | 1h | 0.1463 | long leg | $404K | $614K | 20x | |
| dYdX APE-USD | +0.0012% | 1h | 0.1461 | −0.151% | $9K | $5 | 5x | as long as short |
| Injective APE/USDC PERP | +0.0033% | 1h | 0.1378 | −5.805% | $1K | $12K | 5.5x | as long as short |
| BloFin APE-USDT | +0.0071% | 8h | 0.1460 | −0.200% | $218K | $58K | 75x | as long as short |
| Hyperliquid APE | +0.0100% | 1h | 0.1465 | +0.142% | $1.3M | $362K | 5x | as long as short |
| Aster APEUSDT | +0.0100% | 8h | 0.1464 | +0.041% | $122K | $22K | 10x | as long as short |
| Binance APEUSDT | +0.0100% | 8h | 0.1463 | +0.003% | $4.0M | $6.6M | 50x | as long as short |
GMX APE/USD [APE-USDC]
Reya APERUSDPERP
dYdX APE-USD
Injective APE/USDC PERP
BloFin APE-USDT
Hyperliquid APE
Aster APEUSDT
Binance APEUSDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit APEUSDT | +0.0100% | 8h | 0.1463 | −0.022% | $3.6M | $3.0M | 50x | as long as short |
| OKX APE-USDT-SWAP | +0.0100% | 8h | 0.1462 | −0.029% | $1.3M | $1.4M | 20x | as long as short |
| Gate APE_USDT | +0.0100% | 8h | 0.1463 | −0.002% | $630K | $305K | 50x | as long as short |
| MEXC APE_USDT | +0.0100% | 8h | 0.1463 | +0.005% | $4.4M | $866K | 50x | as long as short |
| KuCoin APEUSDTM | +0.0100% | 8h | 0.1462 | −0.063% | $1.8M | $3.0M | 50x | as long as short |
| Bitget APEUSDT | +0.0100% | 8h | 0.1463 | +0.005% | $2.1M | $559K | 25x | as long as short |
| BingX APE-USDT | +0.0100% | 8h | 0.1463 | +0.005% | — | $13.1M | — | as long as short |
| Variational Omni APE | +0.0100% | 8h | 0.1461 | −0.150% | $7K | $12K | — | as long as short |
| Extended APE-USD | +0.0104% | 1h | 0.1463 | −0.021% | $8K | $211K | 10x | as long as short |
| Coinbase International APE-PERP-INTX | +0.0856% | 1h | 0.1467 | +0.278% | $99K | $8K | 25x | as long as short |
Bybit APEUSDT
OKX APE-USDT-SWAP
Gate APE_USDT
MEXC APE_USDT
KuCoin APEUSDTM
Bitget APEUSDT
BingX APE-USDT
Variational Omni APE
Extended APE-USD
Coinbase International APE-PERP-INTX