Funding you earn now, next payment 09:00 UTC−0.2637%/8h= −288.8% APRnext payment −$3.30 per $10,000 · paid last 24h −0.582%
Price spread now: Kraken Futures against ApeX Omni−0.172%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$79 a day on $10k at the current rate, and Kraken Futures is 0.172% cheaper against ApeX Omni than usual: you would sell low and buy high (−$17 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni SUSDT | 0.04480 | 0.0100 | pay 0.0013% / 1h | 18m 54s | $26K | $515K | 50x |
| Short | Kraken Futures PF_SUSD | 0.04472 | −0.2537 | pay 0.0317% / 1h | 18m 54s | $38K | $21K | 10x |
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
- −$553.84
- Price spread: −0.172% → 0.000%
- −$17.21
- Slippage, 4 orders
- no order book: not counted
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$591.05
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: ApeX Omni: live order book, 14 min ago; Kraken Futures: no order-book sample. Net counts fees only.
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, 14 min ago | 34.84 bp | 64.6 bp −$65 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
S on 25 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange SUSD | −0.2552% | 1h | 0.04400 | −1.786% | $27K | $3K | 5x | as long as short |
| Kraken Futures PF_SUSDshort | −0.2537% | 1h | 0.04472 | −0.172% | $38K | $21K | 10x | |
| Coinbase International S-PERP-INTX | −0.1248% | 1h | 0.04308 | −3.839% | $53K | $18K | 25x | as long as short |
| GMX S/USD [WBTC.b-USDC] | L −0.0206% / S +0.0198% | 1h | 0.04468 | −0.263% | $2K | — | 100x | as long as short |
| Variational Omni S | −0.0138% | 4h | 0.04456 | −0.539% | $693K | $7K | — | as long as short |
| Reya SRUSDPERP | −0.0101% | 1h | 0.04469 | −0.243% | $4 | — | 15x | as long as short |
| Deribit S_USDC-PERPETUAL | 0.0000% | 1h | 0.04478 | −0.045% | $75K | $11K | 10x | as long as short |
| gTrade (Gains Network) S/USD | L +0.0001% / S +0.0006% | 1h | 0.04480 | +0.001% | $690 | — | 150x | as long as short |
| Injective S/USDC PERP | +0.0033% | 1h | 0.04100 | −8.482% | $2K | $37K | 12x | as long as short |
| Orderly PERP_S_USDC | +0.0067% | 4h | 0.04476 | −0.089% | $111K | $641K | 10x | as long as short |
Show all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter S | +0.0096% | 1h | 0.04473 | −0.156% | $192K | $100K | 5x | as long as short |
| Hyperliquid S | +0.0100% | 1h | 0.04454 | −0.580% | $1.1M | $755K | 5x | as long as short |
| Aster SUSDT | +0.0100% | 4h | 0.04460 | −0.446% | $49K | $185K | 10x | as long as short |
| Binance SUSDT | +0.0100% | 4h | 0.04455 | −0.558% | $6.7M | $17.4M | 75x | as long as short |
| Bybit SUSDT | +0.0100% | 4h | 0.04449 | −0.692% | $6.4M | $4.9M | 50x | as long as short |
| OKX S-USDT-SWAP | +0.0100% | 4h | 0.04450 | −0.670% | $1.3M | $5.2M | 20x | as long as short |
| Gate S_USDT | +0.0100% | 4h | 0.04462 | −0.402% | $380K | $233K | 50x | as long as short |
| MEXC S_USDT | +0.0100% | 4h | 0.04454 | −0.580% | $4.7M | $2.5M | 200x | as long as short |
| KuCoin SUSDTM | +0.0100% | 4h | 0.04457 | −0.513% | $2.1M | $2.8M | 50x | as long as short |
| Bitget SUSDT | +0.0100% | 4h | 0.04459 | −0.469% | $1.3M | $2.7M | 50x | as long as short |
| BingX S-USDT | +0.0100% | 4h | 0.04455 | −0.558% | — | $7.0M | — | as long as short |
| ApeX Omni SUSDTlong | +0.0100% | 1h | 0.04480 | long leg | $26K | $515K | 50x | |
| Extended S-USD | +0.0104% | 1h | 0.04452 | −0.627% | $245K | $1.3M | 10x | as long as short |
| BloFin S-USDT | +0.0340% | 4h | 0.04476 | −0.089% | $320K | $118K | 75x | as long as short |
| Backpack S_USDC_PERP | +0.0764% | 1h | 0.04480 | 0.000% | $105K | $472K | 5x | as long as short |
ApeX Omni SUSDT
Kraken Futures PF_SUSD
01 Exchange SUSD
Coinbase International S-PERP-INTX
GMX S/USD [WBTC.b-USDC]
Variational Omni S
Deribit S_USDC-PERPETUAL
gTrade (Gains Network) S/USD
Injective S/USDC PERP
Lighter S
Hyperliquid S
Aster SUSDT
Binance SUSDT
Bybit SUSDT
OKX S-USDT-SWAP
Gate S_USDT
MEXC S_USDT
KuCoin SUSDTM
Bitget SUSDT
BingX S-USDT
Extended S-USD
BloFin S-USDT
Backpack S_USDC_PERP