Funding you earn now, next payment 02:00 UTC−0.0038%/8h= −4.2% APRpaid last 24h +0.102%
Price spread now: Bitget against Kraken Futures−0.104%7-day average −0.083% · you buy dearer than you sell
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$88as in the Price arb table
costs, in and out, $10k−$860.855% of the position
Funding, last 7 days+0.047%+$5 on $10k
+Price spread, last 3 days (all we have)−0.585%−$59 · spread now −0.104%, 7d avg −0.083%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bitget is 0.021% cheaper against Kraken Futures than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.083%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_APTUSD | 0.7735 | 0.0138 | pay 0.0017% / 1h | 1m 46s | $527K | $639K | 50x |
| Short | Bitget APTUSDT | 0.7727 | 0.0100 | get 0.0100% / 8h | 6h 01m | $8.6M | $12.6M | 75x |
Kraken Futures PF_APTUSD
Bitget APTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$8.03
- Price spread: −0.104% → −0.083%
- −$2.1
- Slippage, 4 orders
- −$63.53
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$95.66
- Costs to cover
- 0.855%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 1 min ago; Bitget: live order book, 2 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 Kraken Futures live order book, 1 min ago | 7.77 bp | 41.6 bp −$42 | 88.2 bp −$882 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 1.29 bp | 13.3 bp −$13 | 27.5 bp −$275 | 72.1 bp −$7,210 | doesn't fit |
APT on 29 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 | 0.7732 | −0.043% | $21K | — | 150x | as long as short |
| Deribit APT_USDC-PERPETUAL | 0.0000% | 1h | 0.7730 | −0.065% | $12K | $418K | 50x | as long as short |
| Orderly PERP_APT_USDC | +0.0002% | 8h | 0.7727 | −0.104% | $10K | $7K | 10x | as long as short |
| Variational Omni APT | +0.0012% | 8h | 0.7726 | −0.115% | $505K | $306K | — | as long as short |
| Injective APT/USDC PERP | +0.0033% | 1h | 0.7780 | +0.582% | $2K | $240K | 12x | as long as short |
| Lighter APT | +0.0096% | 1h | 0.7721 | −0.181% | $414K | $407K | 10x | as long as short |
| Hyperliquid APT | +0.0100% | 1h | 0.7730 | −0.065% | $5.4M | $6.2M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7729 | −0.083% | $96K | $940K | 20x | as long as short |
| Binance APTUSDT | +0.0100% | 8h | 0.7729 | −0.078% | $28.5M | $105.7M | 75x | as long as short |
| Bybit APTUSDT | +0.0100% | 8h | 0.7725 | −0.130% | $28.1M | $37.7M | 50x | as long as short |
gTrade (Gains Network) APT/USD
Deribit APT_USDC-PERPETUAL
Orderly PERP_APT_USDC
Variational Omni APT
Injective APT/USDC PERP
Lighter APT
Hyperliquid APT
Aster APTUSDT
Binance APTUSDT
Bybit APTUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7727 | −0.104% | $5.8M | $24.4M | 50x | as long as short |
| Gate APT_USDT | +0.0100% | 8h | 0.7727 | −0.104% | $2.7M | $5.0M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7728 | −0.091% | $29.2M | $15.5M | 200x | as long as short |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7727 | −0.104% | $5.3M | $12.2M | 50x | as long as short |
| Bitget APTUSDTshort | +0.0100% | 8h | 0.7727 | −0.104% | $8.6M | $12.6M | 75x | |
| BingX APT-USDT | +0.0100% | 8h | 0.7728 | −0.091% | — | $25.9M | — | as long as short |
| Backpack APT_USDC_PERP | +0.0100% | 1h | 0.7732 | −0.039% | $193K | $390K | 20x | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7730 | −0.065% | $63K | $574K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7718 | −0.220% | $6K | $1.5M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7729 | −0.078% | $54 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7730 | −0.065% | $260K | $116K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7724 | −0.140% | $83K | $486K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7727 | −0.108% | $28K | $5K | 3x | as long as short |
| Kraken Futures PF_APTUSDlong | +0.0138% | 1h | 0.7735 | long leg | $527K | $639K | 50x | |
| GMX APT/USD [ETH-USDC] | L +0.0189% / S −0.0143% | 1h | 0.7733 | −0.032% | $17K | — | 100x | as long as short |
| Coinbase International APT-PERP-INTX | +0.0272% | 1h | 0.7809 | +0.956% | $205K | $536K | 50x | as long as short |
| dYdX APT-USD | +0.0292% | 1h | 0.7726 | −0.111% | $54K | $6K | 10x | as long as short |
| Reya APTRUSDPERP | +0.0479% | 1h | 0.7730 | −0.064% | $3K | — | 20x | as long as short |
| 01 Exchange APTUSD | +0.2504% | 1h | 0.7823 | +1.137% | $2K | — | 5x | as long as short |
OKX APT-USDT-SWAP
Gate APT_USDT
MEXC APT_USDT
KuCoin APTUSDTM
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]
Coinbase International APT-PERP-INTX
dYdX APT-USD
Reya APTRUSDPERP
01 Exchange APTUSD