Funding you earn now, next payment 09:00 UTC−0.0253%/8h= −27.7% APRpaid last 24h −0.023%
Price spread now: OKX against Kraken Futures−0.085%7-day average −0.070% · you buy dearer than you sell
Net, funding: paid 7d − costs−$133as in the Funding arb table
Net, price: spread back to 7d avg − costs−$123as in the Price arb table
costs, in and out, $10k−$1221.218% of the position
Funding, last 7 days−0.111%−$11 on $10k
+Price spread, last 4 days (all we have)−0.501%−$50 · spread now −0.085%, 7d avg −0.070%
=The price spread sits at its 7-day average of −0.070%, so right now this pair is about funding alone: −$8 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.111% in total (about -5.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_APEUSD | 0.1480 | 0.0353 | pay 0.0044% / 1h | 18m 56s | $406K | $689K | 20x |
| Short | OKX APE-USDT-SWAP | 0.1479 | 0.0100 | get 0.0100% / 8h | 7h 18m | $1.3M | $1.5M | 20x |
Kraken Futures PF_APEUSD
OKX APE-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$53.09
- Price spread: −0.085% → −0.070%
- −$1.52
- Slippage, 4 orders
- −$101.82
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$176.43
- Costs to cover
- 1.218%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 14 min ago; OKX: live order book, 3 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, 14 min ago | 10.26 bp | 45.2 bp −$45 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 3.73 bp | 25.7 bp −$26 | doesn't fit | 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 | 0.1478 | −0.175% | $1K | — | 100x | as long as short |
| Reya APERUSDPERP | 0.0000% | 1h | 0.1235 | −16.561% | — | — | — | as long as short |
| dYdX APE-USD | +0.0005% | 1h | 0.1480 | −0.039% | $9K | — | 5x | as long as short |
| Injective APE/USDC PERP | +0.0033% | 1h | 0.1378 | −6.902% | $1K | $12K | 5.5x | as long as short |
| Hyperliquid APE | +0.0100% | 1h | 0.1480 | −0.038% | $1.3M | $371K | 5x | as long as short |
| Aster APEUSDT | +0.0100% | 8h | 0.1477 | −0.195% | $123K | $20K | 10x | as long as short |
| Binance APEUSDT | +0.0100% | 8h | 0.1478 | −0.176% | $4.2M | $7.2M | 50x | as long as short |
| Bybit APEUSDT | +0.0100% | 8h | 0.1477 | −0.180% | $3.6M | $2.9M | 50x | as long as short |
| OKX APE-USDT-SWAPshort | +0.0100% | 8h | 0.1479 | −0.085% | $1.3M | $1.5M | 20x | |
| Gate APE_USDT | +0.0100% | 8h | 0.1478 | −0.159% | $639K | $309K | 50x | as long as short |
GMX APE/USD [APE-USDC]
Reya APERUSDPERP
dYdX APE-USD
Injective APE/USDC PERP
Hyperliquid APE
Aster APEUSDT
Binance APEUSDT
Bybit APEUSDT
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 | −0.213% | $4.2M | $765K | 50x | as long as short |
| KuCoin APEUSDTM | +0.0100% | 8h | 0.1478 | −0.146% | $1.8M | $4.2M | 50x | as long as short |
| Bitget APEUSDT | +0.0100% | 8h | 0.1478 | −0.146% | $2.1M | $608K | 25x | as long as short |
| BingX APE-USDT | +0.0100% | 8h | 0.1478 | −0.146% | — | $13.0M | — | as long as short |
| Variational Omni APE | +0.0100% | 8h | 0.1473 | −0.474% | $5K | $14K | — | as long as short |
| BloFin APE-USDT | +0.0101% | 8h | 0.1473 | −0.484% | $217K | $60K | 75x | as long as short |
| Extended APE-USD | +0.0104% | 1h | 0.1478 | −0.173% | $4K | $208K | 10x | as long as short |
| Kraken Futures PF_APEUSDlong | +0.0353% | 1h | 0.1480 | long leg | $406K | $689K | 20x | |
| Deribit APE_USDC-PERPETUAL | +0.0426% | 1h | 0.1480 | −0.011% | $1K | $28K | 25x | as long as short |
| Coinbase International APE-PERP-INTX | +0.1104% | 1h | 0.1481 | +0.057% | $100K | $8K | 25x | as long as short |
MEXC APE_USDT
KuCoin APEUSDTM
Bitget APEUSDT
BingX APE-USDT
Variational Omni APE
BloFin APE-USDT
Extended APE-USD
Deribit APE_USDC-PERPETUAL
Coinbase International APE-PERP-INTX