Funding you earn now, next payment 23:00 UTC−0.0532%/8h= −58.3% APRnext payment −$0.67 per $10,000 · paid last 24h +0.019%
Price spread now: Kraken Futures against Extended+0.027%7-day average +0.124% · you sell dearer than you buy
Net, funding: paid 7d − costs−$104as in the Funding arb table
Net, price: spread back to 7d avg − costs−$121as in the Price arb table
costs, in and out, $10k−$1121.117% of the position
Funding, last 7 days+0.078%+$8 on $10k
+Price spread, last 3 days (all we have)+0.438%+$44 · spread now +0.027%, 7d avg +0.124%
=Together, before fees+0.516%+ Points / potential airdropExtended: Active · farm board+$52 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and Kraken Futures is 0.098% cheaper against Extended than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.124%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.078%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.078% in total (about 4.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.67 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended APE-USD | 0.1459 | 0.0104 | pay 0.0013% / 1h | 4m 36s | $4K | $220K | 10x |
| Short | Kraken Futures PF_APEUSD | 0.1460 | −0.0428 | pay 0.0054% / 1h | 4m 36s | $406K | $575K | 20x |
Extended APE-USD
Kraken Futures PF_APEUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Extended. 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
- −$111.8
- Price spread: +0.027% → +0.124%
- −$9.76
- Slippage, 4 orders
- −$96.7
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$233.26
- Costs to cover
- 1.117%
- Break-even
- never at this rate
Slippage from Extended: live order book, 12 min ago; Kraken Futures: live order book, 13 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 Extended live order book, 12 min ago | 6.85 bp | 29.0 bp −$29 | 178.1 bp −$1,781 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 13 min ago | 6.84 bp | 25.7 bp −$26 | 99.5 bp −$995 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_APEUSDshort | −0.0428% | 1h | 0.1460 | +0.027% | $406K | $575K | 20x | |
| GMX APE/USD [APE-USDC] | L −0.0178% / S +0.0185% | 1h | 0.1459 | −0.042% | $1K | — | 100x | as long as short |
| Reya APERUSDPERP | 0.0000% | 1h | 0.1235 | −15.382% | — | — | — | as long as short |
| Injective APE/USDC PERP | +0.0033% | 1h | 0.1378 | −5.582% | $1K | $12K | 5.5x | as long as short |
| BloFin APE-USDT | +0.0100% | 8h | 0.1456 | −0.238% | $220K | $48K | 75x | as long as short |
| Hyperliquid APE | +0.0100% | 1h | 0.1463 | +0.221% | $1.3M | $368K | 5x | as long as short |
| Aster APEUSDT | +0.0100% | 8h | 0.1458 | −0.076% | $121K | $22K | 10x | as long as short |
| Binance APEUSDT | +0.0100% | 8h | 0.1460 | +0.009% | $4.1M | $6.2M | 50x | as long as short |
| Bybit APEUSDT | +0.0100% | 8h | 0.1459 | −0.039% | $3.6M | $2.6M | 50x | as long as short |
| OKX APE-USDT-SWAP | +0.0100% | 8h | 0.1461 | +0.091% | $1.3M | $1.3M | 20x | as long as short |
GMX APE/USD [APE-USDC]
Reya APERUSDPERP
Injective APE/USDC PERP
BloFin APE-USDT
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 | −0.032% | $630K | $294K | 50x | as long as short |
| MEXC APE_USDT | +0.0100% | 8h | 0.1459 | −0.032% | $4.0M | $891K | 50x | as long as short |
| KuCoin APEUSDTM | +0.0100% | 8h | 0.1458 | −0.101% | $1.8M | $1.9M | 50x | as long as short |
| Bitget APEUSDT | +0.0100% | 8h | 0.1459 | −0.032% | $2.1M | $532K | 25x | as long as short |
| BingX APE-USDT | +0.0100% | 8h | 0.1459 | −0.032% | — | $13.5M | — | as long as short |
| Variational Omni APE | +0.0100% | 8h | 0.1458 | −0.118% | $7K | $12K | — | as long as short |
| Extended APE-USDlong | +0.0104% | 1h | 0.1459 | long leg | $4K | $220K | 10x | |
| dYdX APE-USD | +0.0249% | 1h | 0.1459 | −0.043% | $9K | $5 | 5x | as long as short |
| Deribit APE_USDC-PERPETUAL | +0.0435% | 1h | 0.1460 | +0.036% | $11K | $18K | 25x | as long as short |
| Coinbase International APE-PERP-INTX | +0.0688% | 1h | 0.1462 | +0.173% | $98K | $7K | 25x | as long as short |
Gate APE_USDT
MEXC APE_USDT
KuCoin APEUSDTM
Bitget APEUSDT
BingX APE-USDT
Variational Omni APE
dYdX APE-USD
Deribit APE_USDC-PERPETUAL
Coinbase International APE-PERP-INTX