Funding you earn now, next payment 01:00 UTC−0.0380%/8h= −41.6% APRpaid last 24h +0.104%
Price spread now: MEXC against Kraken Futures−0.052%7-day average −0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$780.779% of the position
Funding, last 7 days−0.008%−$1 on $10k
+Price spread, last 3 days (all we have)−0.882%−$88 · spread now −0.052%, 7d avg −0.038%
=The price spread sits at its 7-day average of −0.038%, so right now this pair is about funding alone: −$11 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.008% in total (about -0.4% 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 | Kraken Futures PF_APTUSD | 0.7848 | 0.0480 | pay 0.0060% / 1h | 50m 04s | $541K | $642K | 50x |
| Short | MEXC APT_USDT | 0.7844 | 0.0100 | get 0.0100% / 8h | 7h 50m | $28.7M | $15.0M | 200x |
Kraken Futures PF_APTUSD
MEXC APT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$79.73
- Price spread: −0.052% → −0.038%
- −$1.45
- Slippage, 4 orders
- −$67.86
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$159.04
- Costs to cover
- 0.779%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 23 min ago; MEXC: live order book, 9 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, 23 min ago | 9.41 bp | 45.7 bp −$46 | 103.7 bp −$1,037 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 9 min ago | 1.26 bp | 6.6 bp −$7 | 33.6 bp −$336 | 68.1 bp −$6,806 | 80.3 bp −$40.2K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni APT | −0.0031% | 8h | 0.7844 | −0.049% | $515K | $322K | — | as long as short |
| Orderly PERP_APT_USDC | −0.0008% | 8h | 0.7836 | −0.154% | $10K | $7K | 10x | as long as short |
| gTrade (Gains Network) APT/USD | L −0.0004% / S +0.0005% | 1h | 0.7842 | −0.083% | $21K | — | 150x | as long as short |
| Deribit APT_USDC-PERPETUAL | 0.0000% | 1h | 0.7834 | −0.180% | $13K | $418K | 50x | as long as short |
| dYdX APT-USD | +0.0001% | 1h | 0.7850 | +0.021% | $55K | $6K | 10x | as long as short |
| Injective APT/USDC PERP | +0.0033% | 1h | 0.7780 | −0.868% | $2K | $241K | 12x | as long as short |
| Lighter APT | +0.0096% | 1h | 0.7835 | −0.167% | $424K | $399K | 10x | as long as short |
| Hyperliquid APT | +0.0100% | 1h | 0.7847 | −0.014% | $6.0M | $5.8M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7845 | −0.045% | $294K | $496K | 20x | as long as short |
| Binance APTUSDT | +0.0100% | 8h | 0.7845 | −0.040% | $29.6M | $103.3M | 75x | as long as short |
Variational Omni APT
Orderly PERP_APT_USDC
gTrade (Gains Network) APT/USD
Deribit APT_USDC-PERPETUAL
dYdX APT-USD
Injective APT/USDC PERP
Lighter APT
Hyperliquid APT
Aster APTUSDT
Binance APTUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit APTUSDT | +0.0100% | 8h | 0.7840 | −0.103% | $29.1M | $37.5M | 50x | as long as short |
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7840 | −0.103% | $6.1M | $24.8M | 50x | as long as short |
| Gate APT_USDT | +0.0100% | 8h | 0.7841 | −0.091% | $2.7M | $4.8M | 75x | as long as short |
| MEXC APT_USDTshort | +0.0100% | 8h | 0.7844 | −0.052% | $28.7M | $15.0M | 200x | |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7837 | −0.142% | $5.5M | $12.3M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.7841 | −0.091% | $8.8M | $12.7M | 75x | as long as short |
| BingX APT-USDT | +0.0100% | 8h | 0.7841 | −0.091% | — | $25.4M | — | as long as short |
| Backpack APT_USDC_PERP | +0.0100% | 1h | 0.7844 | −0.052% | $195K | $374K | 20x | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7870 | +0.279% | $64K | $575K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7822 | −0.333% | $6K | $1.5M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7836 | −0.154% | $55 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7876 | +0.355% | $265K | $142K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7835 | −0.165% | $80K | $503K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7839 | −0.111% | $29K | $5K | 3x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0190% / S −0.0143% | 1h | 0.7843 | −0.059% | $17K | — | 100x | as long as short |
| BloFin APT-USDT | +0.0220% | 8h | 0.7852 | +0.049% | $1.5M | $822K | 75x | as long as short |
| Coinbase International APT-PERP-INTX | +0.0232% | 1h | 0.7877 | +0.368% | $208K | $572K | 50x | as long as short |
| Reya APTRUSDPERP | +0.0473% | 1h | 0.7842 | −0.079% | $3K | — | 20x | as long as short |
| Kraken Futures PF_APTUSDlong | +0.0480% | 1h | 0.7848 | long leg | $541K | $642K | 50x | |
| 01 Exchange APTUSD | +0.4440% | 1h | 0.7972 | +1.578% | $2K | — | 5x | as long as short |
Bybit APTUSDT
OKX APT-USDT-SWAP
Gate 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
01 Exchange APTUSD