APE

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0039%/8h= +4.3% APRnext payment +$0.05 per $10,000 · paid last 24h −0.089%

Price spread now: GMX against Kraken Futures−0.053%7-day average — · you buy dearer than you sell

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

Long on Kraken Futures Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 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

Funding pays, the price is against you. GMX is 0.053% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.053% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 4.5 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_APEUSD	0.1475	−0.0224	get 0.0028% / 1h	17m 24s	$409K	$610K	20x
Short	GMX APE/USD [APE-USDC]	0.1475	L −0.0178% / S +0.0185%	pay 0.0023% / 1h	17m 24s	$1K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX 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

Position, each leg$Hold fordaysFee Kraken FuturesbpFee GMXbpOrdersPrice spread, now −0.053%Rate

Funding earned: $8.17
Price spread: −0.053% → 0.000%: −$5.29
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee GMX: 6 bp × 2 orders: −$12
Net: −$19.12
Costs to cover: 0.220%
Break-even: 23.4 days

Slippage unknown: Kraken Futures: live order book, 51 min ago; GMX: 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, 51 min ago	10.10 bp	35.0 bp −$35	doesn't fit	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

GMX: 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 19 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_APEUSDlong	−0.0224%	1h	0.1475	long leg	$409K	$610K	20x
GMX APE/USD [APE-USDC]short	L −0.0178% / S +0.0185%	1h	0.1475	−0.053%	$1K	—	100x
Reya APERUSDPERP	0.0000%	1h	0.1235	−16.299%	—	—	—	as long as short
Deribit APE_USDC-PERPETUAL	0.0000%	1h	0.1475	−0.033%	$11K	$18K	25x	as long as short
dYdX APE-USD	+0.0016%	1h	0.1475	−0.042%	$9K	$5	5x	as long as short
Injective APE/USDC PERP	+0.0033%	1h	0.1378	−6.607%	$1K	$12K	5.5x	as long as short
Hyperliquid APE	+0.0100%	1h	0.1474	−0.107%	$1.3M	$378K	5x	as long as short
Aster APEUSDT	+0.0100%	8h	0.1475	−0.016%	$123K	$22K	10x	as long as short
Binance APEUSDT	+0.0100%	8h	0.1472	−0.217%	$4.1M	$6.6M	50x	as long as short
Bybit APEUSDT	+0.0100%	8h	0.1472	−0.236%	$3.6M	$3.0M	50x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX APE-USDT-SWAP	+0.0100%	8h	0.1472	−0.209%	$1.3M	$1.4M	20x	as long as short
Gate APE_USDT	+0.0100%	8h	0.1475	−0.026%	$635K	$310K	50x	as long as short
MEXC APE_USDT	+0.0100%	8h	0.1472	−0.236%	$4.4M	$900K	50x	as long as short
KuCoin APEUSDTM	+0.0100%	8h	0.1471	−0.304%	$1.8M	$2.6M	50x	as long as short
Bitget APEUSDT	+0.0100%	8h	0.1472	−0.236%	$2.1M	$571K	25x	as long as short
BingX APE-USDT	+0.0100%	8h	0.1474	−0.100%	—	$13.1M	—	as long as short
Variational Omni APE	+0.0100%	8h	0.1476	+0.064%	$8K	$12K	—	as long as short
Extended APE-USD	+0.0104%	1h	0.1473	−0.195%	$4K	$206K	10x	as long as short
Coinbase International APE-PERP-INTX	+0.0904%	1h	0.1484	+0.577%	$100K	$7K	25x	as long as short