Funding you earn now, next payment 00:00 UTC−0.0212%/8h= −23.2% APRnext payment −$0.26 per $10,000 · paid last 24h +0.039%
Price spread now: Kraken Futures against Injective+5.806%63s7-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
The price spread pays, funding is against you. Kraken Futures is 5.806% dearer against Injective than usual: you sell high and buy low (spread +5.806% now, against zero (this spread has no 7-day history yet)): +$581 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 3 months. The two prices were read 63 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 | Injective APE/USDC PERP | 0.1378 | 0.0033 | pay 0.0004% / 1h | 19m 49s | $1K | $12K | 5.5x |
| Short | Kraken Futures PF_APEUSD | 0.1458 | −0.0179 | pay 0.0022% / 1h | 19m 49s | $405K | $579K | 20x |
Injective APE/USDC PERP
Kraken Futures PF_APEUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Injective. 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
- −$44.52
- Price spread: +5.806% → 0.000%
- $580.61
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $526.07
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Kraken Futures: live order book, 58 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 Injective no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 58 min ago | 6.84 bp | 25.7 bp −$26 | 99.5 bp −$995 | doesn't fit | doesn't fit |
Injective: 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.
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 | −0.0179% | 1h | 0.1458 | +5.806% | $405K | $579K | 20x | |
| GMX APE/USD [APE-USDC] | L −0.0178% / S +0.0185% | 1h | 0.1458 | +5.783% | $1K | — | 100x | as long as short |
| Reya APERUSDPERP | 0.0000% | 1h | 0.1235 | −10.381% | — | — | — | as long as short |
| Deribit APE_USDC-PERPETUAL | 0.0000% | 1h | 0.1458 | +5.806% | $11K | $18K | 25x | as long as short |
| Injective APE/USDC PERPlong | +0.0033% | 1h | 0.1378 | long leg | $1K | $12K | 5.5x | |
| Hyperliquid APE | +0.0100% | 1h | 0.1461 | +5.987% | $1.3M | $374K | 5x | as long as short |
| Aster APEUSDT | +0.0100% | 8h | 0.1457 | +5.752% | $121K | $22K | 10x | as long as short |
| Binance APEUSDT | +0.0100% | 8h | 0.1458 | +5.792% | $4.1M | $6.2M | 50x | as long as short |
| Bybit APEUSDT | +0.0100% | 8h | 0.1457 | +5.733% | $3.6M | $2.7M | 50x | as long as short |
| OKX APE-USDT-SWAP | +0.0100% | 8h | 0.1458 | +5.784% | $1.3M | $1.3M | 20x | as long as short |
GMX APE/USD [APE-USDC]
Reya APERUSDPERP
Deribit APE_USDC-PERPETUAL
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 | 0.1458 | +5.806% | $629K | $292K | 50x | as long as short |
| MEXC APE_USDT | +0.0100% | 8h | 0.1457 | +5.733% | $4.1M | $926K | 50x | as long as short |
| KuCoin APEUSDTM | +0.0100% | 8h | 0.1458 | +5.806% | $1.8M | $2.1M | 50x | as long as short |
| Bitget APEUSDT | +0.0100% | 8h | 0.1458 | +5.806% | $2.1M | $543K | 25x | as long as short |
| BingX APE-USDT | +0.0100% | 8h | 0.1458 | +5.806% | — | $13.5M | — | as long as short |
| Variational Omni APE | +0.0100% | 8h | 0.1457 | +5.759% | $7K | $12K | — | as long as short |
| Extended APE-USD | +0.0104% | 1h | 0.1457 | +5.751% | $4K | $219K | 10x | as long as short |
| dYdX APE-USD | +0.0106% | 1h | 0.1457 | +5.725% | $9K | $5 | 5x | as long as short |
| BloFin APE-USDT | +0.0123% | 8h | 0.1459 | +5.878% | $221K | $48K | 75x | as long as short |
| Coinbase International APE-PERP-INTX | +0.0776% | 1h | 0.1470 | +6.676% | $99K | $7K | 25x | as long as short |
Gate APE_USDT
MEXC APE_USDT
KuCoin APEUSDTM
Bitget APEUSDT
BingX APE-USDT
Variational Omni APE
Extended APE-USD
dYdX APE-USD
BloFin APE-USDT
Coinbase International APE-PERP-INTX