Funding you earn now, next payment 03:00 UTC+0.0223%/8h= +24.4% APRnext payment +$0.28 per $10,000 · paid last 24h +0.175%
Price spread now: Kraken Futures against Injective−0.579%63s7-day average +0.326% · you buy dearer than you sell
Net, funding: paid 7d − costs−$116as 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−$1511.511% of the position
Funding, last 7 days+0.348%+$35 on $10k
+Price spread, last 4 days (all we have)+0.693%+$69 · spread now −0.579%, 7d avg +0.326%
=Funding pays, the price is against you. Kraken Futures is 0.904% cheaper against Injective than usual: you would sell low and buy high (spread −0.579% now, against its 7-day average of +0.326%). If the spread goes back, that is −$90 on $10k: about 14 days of funding at the current rate (+$7 a day). The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective APT/USDC PERP | 0.7780 | 0.0033 | pay 0.0004% / 1h | 7m 50s | $2K | $240K | 12x |
| Short | Kraken Futures PF_APTUSD | 0.7735 | 0.0256 | get 0.0032% / 1h | 7m 50s | $531K | $625K | 50x |
Injective APT/USDC PERP
Kraken Futures PF_APTUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Injective. 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
- $46.8
- Price spread: −0.579% → +0.326%
- −$90.44
- Slippage, 4 orders
- −$141.05
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$194.72
- Costs to cover
- 1.511%
- Break-even
- 36.1 days
Slippage from Injective: live order book, 56 min ago; Kraken Futures: live order book, 55 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 Injective live order book, 56 min ago | 45.31 bp | 45.3 bp −$45 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 55 min ago | 7.77 bp | 18.8 bp −$19 | 78.5 bp −$785 | doesn't fit | doesn't fit |
APT on 30 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) APT/USD | L −0.0004% / S +0.0005% | 1h | 0.7729 | −0.656% | $21K | — | 150x | as long as short |
| Deribit APT_USDC-PERPETUAL | 0.0000% | 1h | 0.7730 | −0.643% | $17K | $428K | 50x | as long as short |
| Orderly PERP_APT_USDC | +0.0011% | 8h | 0.7728 | −0.668% | $10K | $7K | 10x | as long as short |
| Variational Omni APT | +0.0028% | 8h | 0.7754 | −0.334% | $517K | $415K | — | as long as short |
| Injective APT/USDC PERPlong | +0.0033% | 1h | 0.7780 | long leg | $2K | $240K | 12x | |
| Lighter APT | +0.0096% | 1h | 0.7727 | −0.681% | $413K | $419K | 10x | as long as short |
| Hyperliquid APT | +0.0100% | 1h | 0.7724 | −0.720% | $5.4M | $6.1M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7721 | −0.758% | $96K | $955K | 20x | as long as short |
| Binance APTUSDT | +0.0100% | 8h | 0.7713 | −0.861% | $28.2M | $105.2M | 75x | as long as short |
| Bybit APTUSDT | +0.0100% | 8h | 0.7708 | −0.925% | $27.8M | $38.1M | 50x | as long as short |
gTrade (Gains Network) APT/USD
Deribit APT_USDC-PERPETUAL
Orderly PERP_APT_USDC
Variational Omni APT
Lighter APT
Hyperliquid APT
Aster APTUSDT
Binance APTUSDT
Bybit APTUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7711 | −0.887% | $5.7M | $24.6M | 50x | as long as short |
| Gate APT_USDT | +0.0100% | 8h | 0.7718 | −0.797% | $2.6M | $4.9M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7718 | −0.797% | $29.1M | $15.3M | 200x | as long as short |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7722 | −0.746% | $5.2M | $12.3M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.7710 | −0.900% | $8.5M | $12.5M | 75x | as long as short |
| BingX APT-USDT | +0.0100% | 8h | 0.7713 | −0.861% | — | $26.0M | — | as long as short |
| Backpack APT_USDC_PERP | +0.0100% | 1h | 0.7726 | −0.694% | $193K | $377K | 20x | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7760 | −0.257% | $63K | $578K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7714 | −0.848% | $6K | $1.5M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7727 | −0.681% | $54 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7757 | −0.296% | $262K | $116K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7712 | −0.869% | $84K | $489K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7729 | −0.655% | $28K | $5K | 3x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0189% / S −0.0143% | 1h | 0.7731 | −0.630% | $17K | — | 100x | as long as short |
| BloFin APT-USDT | +0.0220% | 8h | 0.7731 | −0.630% | $1.4M | $953K | 75x | as long as short |
| Kraken Futures PF_APTUSDshort | +0.0256% | 1h | 0.7735 | −0.579% | $531K | $625K | 50x | |
| Coinbase International APT-PERP-INTX | +0.0320% | 1h | 0.7729 | −0.656% | $222K | $492K | 50x | as long as short |
| Reya APTRUSDPERP | +0.0483% | 1h | 0.7724 | −0.721% | $3K | — | 20x | as long as short |
| dYdX APT-USD | +0.1077% | 1h | 0.7727 | −0.687% | $54K | $6K | 10x | as long as short |
| 01 Exchange APTUSD | +0.3488% | 1h | 0.7823 | +0.553% | $2K | — | 5x | as long as short |
OKX APT-USDT-SWAP
Gate APT_USDT
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
Reya APTRUSDPERP
dYdX APT-USD
01 Exchange APTUSD