Funding you earn now, next payment 06:00 UTC−0.0073%/8h= −8.0% APRpaid last 24h +0.022%
Price spread now: Kraken Futures against BingX+0.070%7-day average +0.077% · you sell dearer than you buy
Net, funding: paid 7d − costs−$103as in the Funding arb table
Net, price: spread back to 7d avg − costs−$106as in the Price arb table
costs, in and out, $10k−$1051.051% of the position
Funding, last 7 days+0.018%+$2 on $10k
+Price spread, last 4 days (all we have)+0.199%+$20 · spread now +0.070%, 7d avg +0.077%
=The price spread sits at its 7-day average of +0.077%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX APE-USDT | 0.1460 | 0.0100 | pay 0.0100% / 8h | 2h 30m | — | $13.1M | — |
| Short | Kraken Futures PF_APEUSD | 0.1461 | 0.0027 | get 0.0003% / 1h | 30m 14s | $398K | $661K | 20x |
BingX APE-USDT
Kraken Futures PF_APEUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against BingX. 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
- −$15.25
- Price spread: +0.070% → +0.077%
- −$0.67
- Slippage, 4 orders
- −$85.14
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$121.06
- Costs to cover
- 1.051%
- Break-even
- never at this rate
Slippage from BingX: live order book, 8 min ago; Kraken Futures: live order book, 18 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 BingX live order book, 8 min ago | 6.82 bp | 19.6 bp −$20 | 82.9 bp −$829 | 502.8 bp −$50.3K | doesn't fit |
| Sell Kraken Futures live order book, 18 min ago | 10.13 bp | 26.0 bp −$26 | 87.6 bp −$876 | doesn't fit | doesn't fit |
APE on 20 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX APE/USD [APE-USDC] | L −0.0178% / S +0.0185% | 1h | 0.1460 | −0.013% | $1K | — | 100x | as long as short |
| Reya APERUSDPERP | 0.0000% | 1h | 0.1235 | −15.408% | — | — | — | as long as short |
| Kraken Futures PF_APEUSDshort | +0.0027% | 1h | 0.1461 | +0.070% | $398K | $661K | 20x | |
| Injective APE/USDC PERP | +0.0033% | 1h | 0.1378 | −5.616% | $1K | $12K | 5.5x | as long as short |
| dYdX APE-USD | +0.0100% | 1h | 0.1460 | −0.009% | $9K | $5 | 5x | as long as short |
| Hyperliquid APE | +0.0100% | 1h | 0.1462 | +0.151% | $1.3M | $386K | 5x | as long as short |
| Aster APEUSDT | +0.0100% | 8h | 0.1460 | −0.030% | $122K | $20K | 10x | as long as short |
| Binance APEUSDT | +0.0100% | 8h | 0.1461 | +0.042% | $4.0M | $7.0M | 50x | as long as short |
| Bybit APEUSDT | +0.0100% | 8h | 0.1459 | −0.062% | $3.6M | $3.1M | 50x | as long as short |
| OKX APE-USDT-SWAP | +0.0100% | 8h | 0.1460 | −0.021% | $1.2M | $1.4M | 20x | as long as short |
GMX APE/USD [APE-USDC]
Reya APERUSDPERP
Injective APE/USDC PERP
dYdX APE-USD
Hyperliquid APE
Aster APEUSDT
Binance APEUSDT
Bybit APEUSDT
OKX APE-USDT-SWAPShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate APE_USDT | +0.0100% | 8h | 0.1459 | −0.068% | $627K | $314K | 50x | as long as short |
| MEXC APE_USDT | +0.0100% | 8h | 0.1460 | 0.000% | $4.2M | $868K | 50x | as long as short |
| KuCoin APEUSDTM | +0.0100% | 8h | 0.1458 | −0.137% | $1.8M | $3.5M | 50x | as long as short |
| Bitget APEUSDT | +0.0100% | 8h | 0.1460 | 0.000% | $2.1M | $600K | 25x | as long as short |
| BingX APE-USDTlong | +0.0100% | 8h | 0.1460 | long leg | — | $13.1M | — | |
| Variational Omni APE | +0.0100% | 8h | 0.1458 | −0.132% | $7K | $12K | — | as long as short |
| Extended APE-USD | +0.0104% | 1h | 0.1461 | +0.038% | $5K | $206K | 10x | as long as short |
| BloFin APE-USDT | +0.0105% | 8h | 0.1460 | 0.000% | $217K | $58K | 75x | as long as short |
| Deribit APE_USDC-PERPETUAL | +0.0435% | 1h | 0.1461 | +0.068% | $9K | $21K | 25x | as long as short |
| Coinbase International APE-PERP-INTX | +0.0936% | 1h | 0.1473 | +0.890% | $99K | $8K | 25x | as long as short |
Gate APE_USDT
MEXC APE_USDT
KuCoin APEUSDTM
Bitget APEUSDT
Variational Omni APE
Extended APE-USD
BloFin APE-USDT
Deribit APE_USDC-PERPETUAL
Coinbase International APE-PERP-INTX