Funding you earn now, next payment 05:00 UTC−0.0948%/8h= −103.8% APRnext payment −$1.18 per $10,000 · paid last 24h −0.025%
Price spread now: Injective against Kraken Futures−6.821%63s7-day average — · you buy dearer than you sell
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
Both sides work against this trade now: funding costs −$28 a day on $10k at the current rate, and Injective is 6.821% cheaper against Kraken Futures than usual: you would sell low and buy high (−$682 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. 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 | Kraken Futures PF_APEUSD | 0.1479 | 0.0981 | pay 0.0123% / 1h | 21m 49s | $406K | $646K | 20x |
| Short | Injective APE/USDC PERP | 0.1378 | 0.0033 | get 0.0004% / 1h | 21m 49s | $1K | $12K | 5.5x |
Kraken Futures PF_APEUSD
Injective APE/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$199.06
- Price spread: −6.821% → 0.000%
- −$682.05
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$891.14
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: live order book, 31 min ago; Injective: 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, 31 min ago | 10.13 bp | 32.3 bp −$32 | doesn't fit | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| GMX APE/USD [APE-USDC] | L −0.0178% / S +0.0185% | 1h | 0.1476 | −0.222% | $1K | — | 100x | as long as short |
| Reya APERUSDPERP | 0.0000% | 1h | 0.1235 | −16.487% | — | — | — | as long as short |
| Injective APE/USDC PERPshort | +0.0033% | 1h | 0.1378 | −6.821% | $1K | $12K | 5.5x | |
| dYdX APE-USD | +0.0097% | 1h | 0.1475 | −0.254% | $9K | $5 | 5x | as long as short |
| Hyperliquid APE | +0.0100% | 1h | 0.1479 | −0.018% | $1.3M | $376K | 5x | as long as short |
| Aster APEUSDT | +0.0100% | 8h | 0.1478 | −0.085% | $124K | $22K | 10x | as long as short |
| Binance APEUSDT | +0.0100% | 8h | 0.1479 | −0.011% | $4.1M | $6.9M | 50x | as long as short |
| Bybit APEUSDT | +0.0100% | 8h | 0.1478 | −0.079% | $3.7M | $3.1M | 50x | as long as short |
| OKX APE-USDT-SWAP | +0.0100% | 8h | 0.1478 | −0.079% | $1.3M | $1.5M | 20x | as long as short |
| Gate APE_USDT | +0.0100% | 8h | 0.1477 | −0.126% | $634K | $313K | 50x | as long as short |
GMX APE/USD [APE-USDC]
Reya APERUSDPERP
dYdX APE-USD
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 | 0.1477 | −0.126% | $4.4M | $871K | 50x | as long as short |
| KuCoin APEUSDTM | +0.0100% | 8h | 0.1476 | −0.194% | $1.8M | $3.3M | 50x | as long as short |
| Bitget APEUSDT | +0.0100% | 8h | 0.1478 | −0.059% | $2.1M | $577K | 25x | as long as short |
| BingX APE-USDT | +0.0100% | 8h | 0.1478 | −0.059% | — | $13.1M | — | as long as short |
| Variational Omni APE | +0.0100% | 8h | 0.1479 | +0.041% | $8K | $12K | — | as long as short |
| Extended APE-USD | +0.0104% | 1h | 0.1476 | −0.221% | $7K | $209K | 10x | as long as short |
| BloFin APE-USDT | +0.0220% | 8h | 0.1478 | −0.059% | $217K | $58K | 75x | as long as short |
| Deribit APE_USDC-PERPETUAL | +0.0428% | 1h | 0.1476 | −0.194% | $9K | $21K | 25x | as long as short |
| Coinbase International APE-PERP-INTX | +0.0880% | 1h | 0.1496 | +1.159% | $101K | $8K | 25x | as long as short |
| Kraken Futures PF_APEUSDlong | +0.0981% | 1h | 0.1479 | long leg | $406K | $646K | 20x |
MEXC APE_USDT
KuCoin APEUSDTM
Bitget APEUSDT
BingX APE-USDT
Variational Omni APE
Extended APE-USD
BloFin APE-USDT
Deribit APE_USDC-PERPETUAL
Coinbase International APE-PERP-INTX