APE

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0872%/8h= −95.5% APRnext payment −$1.09 per $10,000 · paid last 24h −0.179%

Price spread now: Kraken Futures against Coinbase International−1.150%7-day average −0.322% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Coinbase International Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days−0.688%−$69 on $10k

Price spread, last 4 days (all we have)+0.911%+$91 · spread now −1.150%, 7d avg −0.322%

Together, before fees+0.223%+$22 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$26 a day on $10k at the current rate, and Kraken Futures is 0.828% cheaper against Coinbase International than usual: you would sell low and buy high (−$83 if the spread goes back to its 7-day average of −0.322%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International APE-PERP-INTX	0.1484	0.1104	pay 0.0138% / 1h	12m 16s	$100K	$8K	25x
Short	Kraken Futures PF_APEUSD	0.1467	0.0232	get 0.0029% / 1h	12m 16s	$399K	$693K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Coinbase International. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Coinbase InternationalbpFee Kraken FuturesbpOrdersPrice spread, now −1.150%Rate

Funding earned: −$183.06
Price spread: −1.150% → −0.322%: −$82.8
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$285.86
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Coinbase International: live order book, 6 min ago; Kraken Futures: live order book, 26 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 Coinbase International live order book, 6 min ago	17.05 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 26 min ago	10.18 bp	30.3 bp −$30	91.5 bp −$915	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	0.1466	−1.192%	$1K	—	100x	as long as short
Reya APERUSDPERP	0.0000%	1h	0.1235	−16.777%	—	—	—	as long as short
Injective APE/USDC PERP	+0.0033%	1h	0.1378	−7.143%	$1K	$12K	5.5x	as long as short
Aster APEUSDT	+0.0100%	8h	0.1467	−1.134%	$122K	$20K	10x	as long as short
Binance APEUSDT	+0.0100%	8h	0.1466	−1.180%	$4.1M	$7.2M	50x	as long as short
Bybit APEUSDT	+0.0100%	8h	0.1466	−1.186%	$3.6M	$2.9M	50x	as long as short
OKX APE-USDT-SWAP	+0.0100%	8h	0.1466	−1.199%	$1.3M	$1.5M	20x	as long as short
Gate APE_USDT	+0.0100%	8h	0.1467	−1.146%	$635K	$314K	50x	as long as short
MEXC APE_USDT	+0.0100%	8h	0.1466	−1.213%	$4.2M	$828K	50x	as long as short
KuCoin APEUSDTM	+0.0100%	8h	0.1467	−1.146%	$1.8M	$4.0M	50x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget APEUSDT	+0.0100%	8h	0.1467	−1.146%	$2.1M	$607K	25x	as long as short
BingX APE-USDT	+0.0100%	8h	0.1468	−1.078%	—	$13.0M	—	as long as short
Variational Omni APE	+0.0100%	8h	0.1466	−1.205%	$5K	$14K	—	as long as short
Extended APE-USD	+0.0104%	1h	0.1466	−1.207%	$6K	$208K	10x	as long as short
dYdX APE-USD	+0.0107%	1h	0.1465	−1.269%	$9K	—	5x	as long as short
BloFin APE-USDT	+0.0109%	8h	0.1468	−1.078%	$218K	$59K	75x	as long as short
Hyperliquid APE	+0.0154%	1h	0.1469	−0.984%	$1.3M	$374K	5x	as long as short
Kraken Futures PF_APEUSDshort	+0.0232%	1h	0.1467	−1.150%	$399K	$693K	20x
Deribit APE_USDC-PERPETUAL	+0.0432%	1h	0.1467	−1.146%	$5K	$24K	25x	as long as short
Coinbase International APE-PERP-INTXlong	+0.1104%	1h	0.1484	long leg	$100K	$8K	25x