Funding you earn now, next payment 10:00 UTC−0.0117%/8h= −12.8% APRpaid last 24h −0.091%
Price spread now: Kraken Futures against Gate+0.092%7-day average +0.065% · you sell dearer than you buy
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costs−$85as in the Price arb table
costs, in and out, $10k−$870.874% of the position
Funding, last 7 days−0.004%$0 on $10k
+Price spread, last 4 days (all we have)+1.473%+$147 · spread now +0.092%, 7d avg +0.065%
=The price spread pays, funding is against you. Kraken Futures is 0.027% dearer against Gate than usual: you sell high and buy low (spread +0.092% now, against its 7-day average of +0.065%): +$3 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 18 hours. At the pace of the last 7 days (−0.004% in total) that is about 49 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate APT_USDT | 0.7607 | 0.0076 | pay 0.0076% / 8h | 6h 18m | $2.5M | $4.2M | 75x |
| Short | Kraken Futures PF_APTUSD | 0.7614 | −0.0041 | pay 0.0005% / 1h | 18m 13s | $514K | $522K | 50x |
Gate APT_USDT
Kraken Futures PF_APTUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Gate. 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
- −$24.51
- Price spread: +0.092% → +0.065%
- $2.7
- Slippage, 4 orders
- −$62.38
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$109.19
- Costs to cover
- 0.874%
- Break-even
- never at this rate
Slippage from Gate: live order book, 3 min ago; Kraken Futures: live order book, 32 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 Gate live order book, 3 min ago | 1.32 bp | 20.8 bp −$21 | 54.3 bp −$543 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 32 min ago | 9.79 bp | 20.4 bp −$20 | 86.3 bp −$863 | doesn't fit | doesn't fit |
APT on 30 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit APTUSDT | −0.0252% | 8h | 0.7602 | −0.066% | $26.4M | $36.9M | 50x | as long as short |
| Variational Omni APT | −0.0171% | 8h | 0.7600 | −0.093% | $486K | $416K | — | as long as short |
| Kraken Futures PF_APTUSDshort | −0.0041% | 1h | 0.7614 | +0.092% | $514K | $522K | 50x | |
| gTrade (Gains Network) APT/USD | L −0.0004% / S +0.0005% | 1h | 0.7605 | −0.020% | $20K | — | 150x | as long as short |
| Deribit APT_USDC-PERPETUAL | 0.0000% | 1h | 0.7611 | +0.053% | $28K | $596K | 50x | as long as short |
| Orderly PERP_APT_USDC | +0.0011% | 8h | 0.7607 | 0.000% | $10K | $6K | 10x | as long as short |
| Injective APT/USDC PERP | +0.0033% | 1h | 0.7780 | +2.274% | $2K | $240K | 12x | as long as short |
| Gate APT_USDTlong | +0.0076% | 8h | 0.7607 | long leg | $2.5M | $4.2M | 75x | |
| Lighter APT | +0.0096% | 1h | 0.7606 | −0.013% | $406K | $401K | 10x | as long as short |
| Hyperliquid APT | +0.0100% | 1h | 0.7613 | +0.079% | $5.0M | $5.8M | 10x | as long as short |
Bybit APTUSDT
Variational Omni APT
gTrade (Gains Network) APT/USD
Deribit APT_USDC-PERPETUAL
Orderly PERP_APT_USDC
Injective APT/USDC PERP
Lighter APT
Hyperliquid APTShow all 30 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster APTUSDT | +0.0100% | 8h | 0.7602 | −0.065% | $89K | $856K | 20x | as long as short |
| Binance APTUSDT | +0.0100% | 8h | 0.7609 | +0.020% | $27.6M | $91.5M | 75x | as long as short |
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7609 | +0.026% | $5.7M | $22.7M | 50x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7609 | +0.026% | $22.3M | $12.9M | 200x | as long as short |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7611 | +0.053% | $5.0M | $10.4M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.7611 | +0.053% | $8.5M | $11.3M | 75x | as long as short |
| BingX APT-USDT | +0.0100% | 8h | 0.7608 | +0.013% | — | $50.6M | — | as long as short |
| Backpack APT_USDC_PERP | +0.0100% | 1h | 0.7604 | −0.039% | $178K | $359K | 20x | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7620 | +0.171% | $58K | $588K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7596 | −0.145% | $6K | $1.2M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7610 | +0.039% | $62 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7604 | −0.039% | $251K | $157K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7606 | −0.017% | $78K | $635K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7606 | −0.016% | $28K | $5K | 3x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0136% / S −0.0090% | 1h | 0.7604 | −0.041% | $16K | — | 100x | as long as short |
| BloFin APT-USDT | +0.0220% | 8h | 0.7606 | −0.013% | $1.4M | $767K | 75x | as long as short |
| Coinbase International APT-PERP-INTX | +0.0344% | 1h | 0.7618 | +0.145% | $218K | $284K | 50x | as long as short |
| dYdX APT-USD | +0.0378% | 1h | 0.7610 | +0.046% | $53K | $6K | 10x | as long as short |
| Reya APTRUSDPERP | +0.0507% | 1h | 0.7610 | +0.039% | $3K | — | 20x | as long as short |
| 01 Exchange APTUSD | +0.6288% | 1h | 0.7755 | +1.946% | $2K | — | 5x | as long as short |
Aster APTUSDT
Binance APTUSDT
OKX APT-USDT-SWAP
MEXC APT_USDT
KuCoin APTUSDTM
Bitget APTUSDT
BingX APT-USDT
Backpack APT_USDC_PERP
ApeX Omni APTUSDT
SunX APT-USDT
SoDEX APT-USD
HTX APT-USDT
Extended APT-USD
Aevo APT-PERP
GMX APT/USD [ETH-USDC]
BloFin APT-USDT
Coinbase International APT-PERP-INTX
dYdX APT-USD
Reya APTRUSDPERP
01 Exchange APTUSD