Funding you earn now, next payment 07:00 UTC+0.2064%/8h= +226.1% APRnext payment +$2.58 per $10,000 · paid last 24h +0.568%
Price spread now: ApeX Omni against Kraken Futures+0.189%75s7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$62 a day on $10k at the current rate, and ApeX Omni is 0.189% dearer against Kraken Futures than usual: you sell high and buy low: +$19 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 75 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 | Kraken Futures PF_SUSD | 0.04022 | −0.1964 | get 0.0246% / 1h | 58m 14s | $35K | $16K | 10x |
| Short | ApeX Omni SUSDT | 0.04030 | 0.0100 | get 0.0013% / 1h | 58m 14s | $23K | $487K | 50x |
Kraken Futures PF_SUSD
ApeX Omni SUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni 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
- $433.53
- Price spread: +0.189% → 0.000%
- $18.94
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- $432.47
- Costs to cover
- 0.200%
- Break-even
- 0.0 days
Slippage unknown: Kraken Futures: no order-book sample; ApeX Omni: live order book, 44 min ago. 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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell ApeX Omni live order book, 44 min ago | 37.08 bp | 62.0 bp −$62 | doesn't fit | doesn't fit | doesn't fit |
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 | −0.5800% | 1h | 0.03940 | −2.048% | $24K | $2K | 5x | as long as short |
| Kraken Futures PF_SUSDlong | −0.1964% | 1h | 0.04022 | long leg | $35K | $16K | 10x | |
| Coinbase International S-PERP-INTX | −0.1064% | 1h | 0.03961 | −1.526% | $48K | $16K | 25x | as long as short |
| GMX S/USD [WBTC.b-USDC] | L −0.0206% / S +0.0198% | 1h | 0.04029 | +0.165% | $1K | — | 100x | as long as short |
| Reya SRUSDPERP | −0.0101% | 1h | 0.04021 | −0.026% | $4 | — | 15x | as long as short |
| gTrade (Gains Network) S/USD | L +0.0001% / S +0.0006% | 1h | 0.04028 | +0.138% | $621 | — | 150x | as long as short |
| Variational Omni S | +0.0027% | 4h | 0.04018 | −0.102% | $625K | $19K | — | as long as short |
| Injective S/USDC PERP | +0.0033% | 1h | 0.04100 | +1.930% | $2K | $37K | 12x | as long as short |
| Orderly PERP_S_USDC | +0.0085% | 4h | 0.04029 | +0.165% | $100K | $582K | 10x | as long as short |
| Lighter S | +0.0096% | 1h | 0.04032 | +0.239% | $172K | $137K | 5x | as long as short |
01 Exchange SUSD
Coinbase International S-PERP-INTX
GMX S/USD [WBTC.b-USDC]
Reya SRUSDPERP
gTrade (Gains Network) S/USD
Variational Omni S
Injective S/USDC PERP
Orderly PERP_S_USDC
Lighter SShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid S | +0.0100% | 1h | 0.04031 | +0.212% | $1.0M | $579K | 5x | as long as short |
| Aster SUSDT | +0.0100% | 4h | 0.04027 | +0.117% | $47K | $110K | 10x | as long as short |
| Binance SUSDT | +0.0100% | 4h | 0.04027 | +0.112% | $5.7M | $13.6M | 75x | as long as short |
| Bybit SUSDT | +0.0100% | 4h | 0.04024 | +0.040% | $5.7M | $4.1M | 50x | as long as short |
| OKX S-USDT-SWAP | +0.0100% | 4h | 0.04028 | +0.140% | $1.0M | $3.7M | 20x | as long as short |
| Gate S_USDT | +0.0100% | 4h | 0.04024 | +0.040% | $327K | $174K | 50x | as long as short |
| MEXC S_USDT | +0.0100% | 4h | 0.04027 | +0.115% | $4.0M | $1.8M | 200x | as long as short |
| KuCoin SUSDTM | +0.0100% | 4h | 0.04025 | +0.065% | $1.8M | $2.8M | 50x | as long as short |
| Bitget SUSDT | +0.0100% | 4h | 0.04029 | +0.165% | $1.2M | $2.2M | 50x | as long as short |
| BingX S-USDT | +0.0100% | 4h | 0.04028 | +0.140% | — | $6.8M | — | as long as short |
| ApeX Omni SUSDTshort | +0.0100% | 1h | 0.04030 | +0.189% | $23K | $487K | 50x | |
| Extended S-USD | +0.0104% | 1h | 0.04026 | +0.087% | $226K | $891K | 10x | as long as short |
| BloFin S-USDT | +0.0340% | 4h | 0.04027 | +0.115% | $278K | $115K | 75x | as long as short |
| Deribit S_USDC-PERPETUAL | +0.0495% | 1h | 0.04032 | +0.239% | $68K | $10K | 10x | as long as short |
| Backpack S_USDC_PERP | +0.1681% | 1h | 0.04040 | +0.438% | $117K | $426K | 5x | as long as short |
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
Deribit S_USDC-PERPETUAL
Backpack S_USDC_PERP