Funding you earn now, next payment 07:00 UTC−0.0368%/8h= −40.3% APRnext payment −$0.46 per $10,000 · paid last 24h −0.105%
Price spread now: GMX against Kraken Futures−0.087%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 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
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and GMX is 0.087% cheaper against Kraken Futures than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_APEUSD | 0.1482 | 0.0183 | pay 0.0023% / 1h | 23m 43s | $405K | $664K | 20x |
| Short | GMX APE/USD [APE-USDC] | 0.1481 | L −0.0178% / S +0.0185% | pay 0.0023% / 1h | 23m 43s | $1K | — | 100x |
Kraken Futures PF_APEUSD
GMX APE/USD [APE-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX 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
- −$77.24
- Price spread: −0.087% → 0.000%
- −$8.7
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$107.95
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: live order book, 19 min ago; GMX: no order-book sample. 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 Kraken Futures live order book, 19 min ago | 10.19 bp | 42.9 bp −$43 | doesn't fit | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX APE/USD [APE-USDC]short | L −0.0178% / S +0.0185% | 1h | 0.1481 | −0.087% | $1K | — | 100x | |
| Reya APERUSDPERP | 0.0000% | 1h | 0.1235 | −16.683% | — | — | — | as long as short |
| Injective APE/USDC PERP | +0.0033% | 1h | 0.1378 | −7.036% | $1K | $12K | 5.5x | as long as short |
| BloFin APE-USDT | +0.0095% | 8h | 0.1480 | −0.155% | $218K | $59K | 75x | as long as short |
| Hyperliquid APE | +0.0100% | 1h | 0.1480 | −0.169% | $1.3M | $388K | 5x | as long as short |
| Aster APEUSDT | +0.0100% | 8h | 0.1479 | −0.216% | $123K | $20K | 10x | as long as short |
| Binance APEUSDT | +0.0100% | 8h | 0.1479 | −0.216% | $4.1M | $7.1M | 50x | as long as short |
| Bybit APEUSDT | +0.0100% | 8h | 0.1479 | −0.189% | $3.7M | $3.0M | 50x | as long as short |
| OKX APE-USDT-SWAP | +0.0100% | 8h | 0.1479 | −0.223% | $1.3M | $1.5M | 20x | as long as short |
| Gate APE_USDT | +0.0100% | 8h | 0.1480 | −0.155% | $640K | $315K | 50x | as long as short |
Reya APERUSDPERP
Injective APE/USDC PERP
BloFin APE-USDT
Hyperliquid APE
Aster APEUSDT
Binance APEUSDT
Bybit APEUSDT
OKX APE-USDT-SWAP
Gate APE_USDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC APE_USDT | +0.0100% | 8h | 0.1479 | −0.223% | $4.2M | $872K | 50x | as long as short |
| KuCoin APEUSDTM | +0.0100% | 8h | 0.1479 | −0.223% | $1.8M | $3.8M | 50x | as long as short |
| Bitget APEUSDT | +0.0100% | 8h | 0.1479 | −0.223% | $2.1M | $603K | 25x | as long as short |
| BingX APE-USDT | +0.0100% | 8h | 0.1479 | −0.223% | — | $13.0M | — | as long as short |
| Variational Omni APE | +0.0100% | 8h | 0.1478 | −0.267% | $8K | $12K | — | as long as short |
| Extended APE-USD | +0.0104% | 1h | 0.1479 | −0.247% | $8K | $207K | 10x | as long as short |
| Kraken Futures PF_APEUSDlong | +0.0183% | 1h | 0.1482 | long leg | $405K | $664K | 20x | |
| dYdX APE-USD | +0.0197% | 1h | 0.1479 | −0.216% | $9K | — | 5x | as long as short |
| Deribit APE_USDC-PERPETUAL | +0.0425% | 1h | 0.1482 | −0.020% | $9K | $21K | 25x | as long as short |
| Coinbase International APE-PERP-INTX | +0.1024% | 1h | 0.1484 | +0.115% | $100K | $8K | 25x | as long as short |
MEXC APE_USDT
KuCoin APEUSDTM
Bitget APEUSDT
BingX APE-USDT
Variational Omni APE
Extended APE-USD
dYdX APE-USD
Deribit APE_USDC-PERPETUAL
Coinbase International APE-PERP-INTX