Funding you earn now, next payment 00:00 UTC−0.0278%/8h= −30.5% APRpaid last 24h +0.019%
Price spread now: Kraken Futures against OKX+0.069%45s7-day average +0.081% · you sell dearer than you buy
Net, funding: paid 7d − costs−$105as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1121.117% of the position
Funding, last 7 days+0.065%+$7 on $10k
+Price spread, last 3 days (all we have)+0.164%+$16 · spread now +0.069%, 7d avg +0.081%
=The price spread sits at its 7-day average of +0.081%, so right now this pair is about funding alone: −$8 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.065%, so the current rate has only just turned against you. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.065% in total (about 3.4% 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 | OKX APE-USDT-SWAP | 0.1461 | 0.0100 | pay 0.0100% / 8h | 39m 31s | $1.3M | $1.3M | 20x |
| Short | Kraken Futures PF_APEUSD | 0.1462 | −0.0178 | pay 0.0022% / 1h | 39m 31s | $405K | $578K | 20x |
OKX APE-USDT-SWAP
Kraken Futures PF_APEUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against OKX. 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
- −$58.43
- Price spread: +0.069% → +0.081%
- −$1.24
- Slippage, 4 orders
- −$91.75
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$171.41
- Costs to cover
- 1.117%
- Break-even
- never at this rate
Slippage from OKX: live order book, 2 min ago; Kraken Futures: live order book, 38 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 OKX live order book, 2 min ago | 2.05 bp | 34.1 bp −$34 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 38 min ago | 6.84 bp | 25.7 bp −$26 | 99.5 bp −$995 | 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 | −0.0178% | 1h | 0.1462 | +0.069% | $405K | $578K | 20x | |
| GMX APE/USD [APE-USDC] | L −0.0178% / S +0.0185% | 1h | 0.1461 | +0.004% | $1K | — | 100x | as long as short |
| Reya APERUSDPERP | 0.0000% | 1h | 0.1235 | −15.448% | — | — | — | as long as short |
| Injective APE/USDC PERP | +0.0033% | 1h | 0.1378 | −5.655% | $1K | $12K | 5.5x | as long as short |
| dYdX APE-USD | +0.0084% | 1h | 0.1464 | +0.216% | $9K | $5 | 5x | as long as short |
| BloFin APE-USDT | +0.0094% | 8h | 0.1464 | +0.233% | $221K | $48K | 75x | as long as short |
| Hyperliquid APE | +0.0100% | 1h | 0.1464 | +0.205% | $1.3M | $369K | 5x | as long as short |
| Aster APEUSDT | +0.0100% | 8h | 0.1461 | +0.002% | $121K | $22K | 10x | as long as short |
| Binance APEUSDT | +0.0100% | 8h | 0.1462 | +0.096% | $4.1M | $6.2M | 50x | as long as short |
| Bybit APEUSDT | +0.0100% | 8h | 0.1461 | +0.021% | $3.6M | $2.6M | 50x | as long as short |
GMX APE/USD [APE-USDC]
Reya APERUSDPERP
Injective APE/USDC PERP
dYdX APE-USD
BloFin APE-USDT
Hyperliquid APE
Aster APEUSDT
Binance APEUSDT
Bybit APEUSDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX APE-USDT-SWAPlong | +0.0100% | 8h | 0.1461 | long leg | $1.3M | $1.3M | 20x | |
| Gate APE_USDT | +0.0100% | 8h | 0.1464 | +0.233% | $632K | $292K | 50x | as long as short |
| MEXC APE_USDT | +0.0100% | 8h | 0.1461 | +0.027% | $4.1M | $922K | 50x | as long as short |
| KuCoin APEUSDTM | +0.0100% | 8h | 0.1461 | +0.027% | $1.8M | $2.0M | 50x | as long as short |
| Bitget APEUSDT | +0.0100% | 8h | 0.1462 | +0.096% | $2.1M | $537K | 25x | as long as short |
| BingX APE-USDT | +0.0100% | 8h | 0.1462 | +0.096% | — | $13.4M | — | as long as short |
| Variational Omni APE | +0.0100% | 8h | 0.1462 | +0.121% | $7K | $12K | — | as long as short |
| Extended APE-USD | +0.0104% | 1h | 0.1462 | +0.079% | $4K | $219K | 10x | as long as short |
| Deribit APE_USDC-PERPETUAL | +0.0435% | 1h | 0.1461 | +0.027% | $11K | $18K | 25x | as long as short |
| Coinbase International APE-PERP-INTX | +0.0776% | 1h | 0.1470 | +0.644% | $99K | $7K | 25x | as long as short |
Gate APE_USDT
MEXC APE_USDT
KuCoin APEUSDTM
Bitget APEUSDT
BingX APE-USDT
Variational Omni APE
Extended APE-USD
Deribit APE_USDC-PERPETUAL
Coinbase International APE-PERP-INTX