Funding you earn now, next payment 08:00 UTC−0.0132%/8h= −14.5% APRpaid last 24h −0.024%
Price spread now: BingX against Kraken Futures−0.090%7-day average −0.073% · you buy dearer than you sell
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costs−$116as in the Price arb table
costs, in and out, $10k−$1151.146% of the position
Funding, last 7 days−0.028%−$3 on $10k
+Price spread, last 4 days (all we have)−0.140%−$14 · spread now −0.090%, 7d avg −0.073%
=The price spread sits at its 7-day average of −0.073%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_APEUSD | 0.1467 | 0.0232 | pay 0.0029% / 1h | 8m 01s | $400K | $695K | 20x |
| Short | BingX APE-USDT | 0.1466 | 0.0100 | get 0.0100% / 8h | 8m 01s | — | $13.0M | — |
Kraken Futures PF_APEUSD
BingX APE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- −$27.77
- Price spread: −0.090% → −0.073%
- −$1.66
- Slippage, 4 orders
- −$94.59
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$144.01
- Costs to cover
- 1.146%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 30 min ago; BingX: live order book, 10 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 Kraken Futures live order book, 30 min ago | 10.18 bp | 43.2 bp −$43 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 10 min ago | 6.82 bp | 20.4 bp −$20 | 62.4 bp −$624 | 319.7 bp −$32.0K | 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 | −0.105% | $1K | — | 100x | as long as short |
| Reya APERUSDPERP | 0.0000% | 1h | 0.1235 | −15.830% | — | — | — | as long as short |
| Injective APE/USDC PERP | +0.0033% | 1h | 0.1378 | −6.087% | $1K | $12K | 5.5x | as long as short |
| Aster APEUSDT | +0.0100% | 8h | 0.1467 | −0.046% | $122K | $20K | 10x | as long as short |
| Binance APEUSDT | +0.0100% | 8h | 0.1467 | −0.049% | $4.1M | $7.2M | 50x | as long as short |
| Bybit APEUSDT | +0.0100% | 8h | 0.1466 | −0.083% | $3.6M | $2.9M | 50x | as long as short |
| OKX APE-USDT-SWAP | +0.0100% | 8h | 0.1466 | −0.063% | $1.3M | $1.5M | 20x | as long as short |
| Gate APE_USDT | +0.0100% | 8h | 0.1466 | −0.090% | $634K | $314K | 50x | as long as short |
| MEXC APE_USDT | +0.0100% | 8h | 0.1466 | −0.090% | $4.2M | $829K | 50x | as long as short |
| KuCoin APEUSDTM | +0.0100% | 8h | 0.1466 | −0.090% | $1.8M | $4.0M | 50x | as long as short |
GMX APE/USD [APE-USDC]
Reya APERUSDPERP
Injective APE/USDC PERP
Aster APEUSDT
Binance APEUSDT
Bybit APEUSDT
OKX APE-USDT-SWAP
Gate APE_USDT
MEXC APE_USDT
KuCoin APEUSDTMShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget APEUSDT | +0.0100% | 8h | 0.1466 | −0.090% | $2.1M | $607K | 25x | as long as short |
| BingX APE-USDTshort | +0.0100% | 8h | 0.1466 | −0.090% | — | $13.0M | — | |
| Variational Omni APE | +0.0100% | 8h | 0.1465 | −0.154% | $5K | $14K | — | as long as short |
| Extended APE-USD | +0.0104% | 1h | 0.1467 | −0.054% | $6K | $208K | 10x | as long as short |
| BloFin APE-USDT | +0.0108% | 8h | 0.1466 | −0.090% | $216K | $59K | 75x | as long as short |
| dYdX APE-USD | +0.0123% | 1h | 0.1465 | −0.147% | $9K | — | 5x | as long as short |
| Hyperliquid APE | +0.0160% | 1h | 0.1469 | +0.115% | $1.3M | $373K | 5x | as long as short |
| Kraken Futures PF_APEUSDlong | +0.0232% | 1h | 0.1467 | long leg | $400K | $695K | 20x | |
| Deribit APE_USDC-PERPETUAL | +0.0432% | 1h | 0.1467 | −0.022% | $5K | $24K | 25x | as long as short |
| Coinbase International APE-PERP-INTX | +0.1104% | 1h | 0.1484 | +1.137% | $100K | $8K | 25x | as long as short |
Bitget APEUSDT
Variational Omni APE
Extended APE-USD
BloFin APE-USDT
dYdX APE-USD
Hyperliquid APE
Deribit APE_USDC-PERPETUAL
Coinbase International APE-PERP-INTX