Funding you earn now, next payment 06:00 UTC+0.0151%/8h= +16.5% APRnext payment +$0.19 per $10,000 · paid last 24h −0.041%
Price spread now: Kraken Futures against ApeX Omni−0.178%45s7-day average +0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$101as 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−$790.788% of the position
Funding, last 7 days−0.226%−$23 on $10k
+Price spread, last 4 days (all we have)+0.328%+$33 · spread now −0.178%, 7d avg +0.027%
=Funding pays, the price is against you. Kraken Futures is 0.205% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.178% now, against its 7-day average of +0.027%). If the spread goes back, that is −$21 on $10k: about 4.5 days of funding at the current rate (+$5 a day). Mind the row above: over the last 7 days funding on this pair cost −0.226%, so the current rate has only just turned in your favour. The two prices were read 45 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 | ApeX Omni FILUSDT | 0.9940 | 0.0100 | pay 0.0013% / 1h | 45m 22s | $30K | $182K | 50x |
| Short | Kraken Futures PF_FILUSD | 0.9922 | 0.0251 | get 0.0031% / 1h | 45m 22s | $1.4M | $2.2M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against ApeX Omni. 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
- $31.62
- Price spread: −0.178% → +0.027%
- −$20.53
- Slippage, 4 orders
- −$58.82
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$67.73
- Costs to cover
- 0.788%
- Break-even
- 22.0 days
Slippage from ApeX Omni: live order book, 1 min ago; Kraken Futures: live order book, 3 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 ApeX Omni live order book, 1 min ago | 10.08 bp | 20.0 bp −$20 | 121.6 bp −$1,216 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 3 min ago | 4.02 bp | 10.8 bp −$11 | 31.7 bp −$317 | doesn't fit | doesn't fit |
FIL 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit FIL_USDC-PERPETUAL | −0.0958% | 1h | 0.9918 | −0.221% | $171K | $23K | 25x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0240% | 1h | 0.9958 | +0.181% | $351K | $2.2M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9915 | −0.255% | $26K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9922 | −0.184% | $58K | $1K | 10x | as long as short |
| OKX FIL-USDT-SWAP | +0.0015% | 8h | 0.9910 | −0.302% | $17.9M | $107.5M | 50x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −0.855% | $2K | $240K | 12x | as long as short |
| KuCoin FILUSDTM | +0.0035% | 8h | 0.9914 | −0.262% | $7.2M | $7.9M | 50x | as long as short |
| Lighter FIL | +0.0096% | 1h | 0.9916 | −0.243% | $145K | $376K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9915 | −0.247% | $8.4M | $9.4M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9921 | −0.188% | $506K | $613K | 20x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance FILUSDT | +0.0100% | 8h | 0.9914 | −0.257% | $56.3M | $185.8M | 75x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 0.9912 | −0.282% | $15.7M | $20.5M | 25x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9918 | −0.221% | $8.4M | $16.7M | 50x | as long as short |
| MEXC FIL_USDC | +0.0100% | 8h | 0.9917 | −0.231% | $234K | $103K | 50x | as long as short |
| Bitget FILUSDT | +0.0100% | 8h | 0.9914 | −0.262% | $11.1M | $20.3M | 75x | as long as short |
| BingX FIL-USDC | +0.0100% | 8h | 0.9913 | −0.272% | — | $6.5M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9913 | −0.274% | $448K | $265K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9937 | −0.026% | $45K | $297K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9936 | −0.038% | $291K | $1.1M | 10x | as long as short |
| ApeX Omni FILUSDTlong | +0.0100% | 1h | 0.9940 | long leg | $30K | $182K | 50x | |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9922 | −0.179% | $4K | $798 | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9910 | −0.302% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9915 | −0.252% | $481 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9924 | −0.161% | $616K | $5.8M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9910 | −0.302% | $1.2M | $2.6M | 50x | as long as short |
| Extended FIL-USD | +0.0104% | 1h | 0.9914 | −0.265% | $696K | $1.4M | 10x | as long as short |
| BloFin FIL-USDT | +0.0220% | 8h | 0.9951 | +0.111% | $2.7M | $706K | 75x | as long as short |
| Kraken Futures PF_FILUSDshort | +0.0251% | 1h | 0.9922 | −0.178% | $1.4M | $2.2M | 50x | |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0592% / S −0.0268% | 1h | 0.9918 | −0.220% | $265K | — | 100x | as long as short |
ApeX Omni FILUSDT
Kraken Futures PF_FILUSD
Deribit FIL_USDC-PERPETUAL
Coinbase International FIL-PERP-INTX
gTrade (Gains Network) FIL/USD
OKX FIL-USDT-SWAP
Injective FIL/USDC PERP
KuCoin FILUSDTM
Lighter FIL
Hyperliquid FIL
Aster FILUSDT
Binance FILUSDT
Bybit FILUSDT
Gate FIL_USDT
MEXC FIL_USDC
Bitget FILUSDT
BingX FIL-USDC
Variational Omni FIL
edgeX FILUSDC
GRVT FIL_USDT_Perp
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
Extended FIL-USD
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]