Funding you earn now, next payment 08:00 UTC−0.0132%/8h= −14.5% APRpaid last 24h −0.024%
Price spread now: Bybit against Kraken Futures−0.106%7-day average −0.089% · you buy dearer than you sell
Net, funding: paid 7d − costs−$126as in the Funding arb table
Net, price: spread back to 7d avg − costs−$123as in the Price arb table
costs, in and out, $10k−$1211.208% of the position
Funding, last 7 days−0.049%−$5 on $10k
+Price spread, last 4 days (all we have)−0.132%−$13 · spread now −0.106%, 7d avg −0.089%
=The price spread sits at its 7-day average of −0.089%, 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 | 17m 59s | $398K | $692K | 20x |
| Short | Bybit APEUSDT | 0.1466 | 0.0100 | get 0.0100% / 8h | 17m 59s | $3.6M | $2.9M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: −0.106% → −0.089%
- −$1.73
- Slippage, 4 orders
- −$99.84
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$150.34
- Costs to cover
- 1.208%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 20 min ago; Bybit: live order book, 4 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, 20 min ago | 10.18 bp | 43.2 bp −$43 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 0.34 bp | 24.2 bp −$24 | 49.9 bp −$499 | 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 | −0.113% | $1K | — | 100x | as long as short |
| Reya APERUSDPERP | 0.0000% | 1h | 0.1235 | −15.828% | — | — | — | as long as short |
| Injective APE/USDC PERP | +0.0033% | 1h | 0.1378 | −6.084% | $1K | $12K | 5.5x | as long as short |
| BloFin APE-USDT | +0.0072% | 8h | 0.1464 | −0.222% | $218K | $59K | 75x | as long as short |
| dYdX APE-USD | +0.0090% | 1h | 0.1465 | −0.143% | $9K | — | 5x | as long as short |
| Aster APEUSDT | +0.0100% | 8h | 0.1466 | −0.053% | $122K | $20K | 10x | as long as short |
| Binance APEUSDT | +0.0100% | 8h | 0.1467 | −0.045% | $4.1M | $7.2M | 50x | as long as short |
| Bybit APEUSDTshort | +0.0100% | 8h | 0.1466 | −0.106% | $3.6M | $2.9M | 50x | |
| OKX APE-USDT-SWAP | +0.0100% | 8h | 0.1466 | −0.086% | $1.3M | $1.5M | 20x | as long as short |
| Gate APE_USDT | +0.0100% | 8h | 0.1466 | −0.086% | $634K | $313K | 50x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC APE_USDT | +0.0100% | 8h | 0.1466 | −0.086% | $4.2M | $827K | 50x | as long as short |
| KuCoin APEUSDTM | +0.0100% | 8h | 0.1466 | −0.086% | $1.8M | $4.0M | 50x | as long as short |
| Bitget APEUSDT | +0.0100% | 8h | 0.1466 | −0.086% | $2.1M | $607K | 25x | as long as short |
| BingX APE-USDT | +0.0100% | 8h | 0.1466 | −0.086% | — | $13.0M | — | as long as short |
| Variational Omni APE | +0.0100% | 8h | 0.1462 | −0.332% | $5K | $14K | — | as long as short |
| Extended APE-USD | +0.0104% | 1h | 0.1467 | −0.050% | $4K | $208K | 10x | as long as short |
| Hyperliquid APE | +0.0152% | 1h | 0.1468 | +0.057% | $1.3M | $374K | 5x | as long as short |
| Kraken Futures PF_APEUSDlong | +0.0232% | 1h | 0.1467 | long leg | $398K | $692K | 20x | |
| Deribit APE_USDC-PERPETUAL | +0.0433% | 1h | 0.1466 | −0.086% | $5K | $24K | 25x | as long as short |
| Coinbase International APE-PERP-INTX | +0.1104% | 1h | 0.1484 | +1.141% | $100K | $8K | 25x | as long as short |
Kraken Futures PF_APEUSD
Bybit APEUSDT
GMX APE/USD [APE-USDC]
Injective APE/USDC PERP
BloFin APE-USDT
Aster APEUSDT
Binance APEUSDT
OKX APE-USDT-SWAP
Gate APE_USDT
MEXC APE_USDT
KuCoin APEUSDTM
Bitget APEUSDT
BingX APE-USDT
Variational Omni APE
Extended APE-USD
Hyperliquid APE
Deribit APE_USDC-PERPETUAL
Coinbase International APE-PERP-INTX