Funding you earn now, next payment 00:00 UTC−0.0278%/8h= −30.4% APRpaid last 24h +0.019%
Price spread now: Kraken Futures against MEXC+0.127%7-day average +0.097% · you sell dearer than you buy
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$630.630% of the position
Funding, last 7 days+0.076%+$8 on $10k
+Price spread, last 3 days (all we have)+0.124%+$12 · spread now +0.127%, 7d avg +0.097%
=The price spread pays, funding is against you. Kraken Futures is 0.029% dearer against MEXC than usual: you sell high and buy low (spread +0.127% now, against its 7-day average of +0.097%): +$3 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 8 hours. Mind the row above: over the last 7 days funding on this pair paid +0.076%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.076% in total (about 4.0% 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 | MEXC APE_USDT | 0.1462 | 0.0100 | pay 0.0100% / 8h | 41m 00s | $4.1M | $922K | 50x |
| Short | Kraken Futures PF_APEUSD | 0.1464 | −0.0178 | pay 0.0022% / 1h | 41m 00s | $406K | $578K | 20x |
MEXC APE_USDT
Kraken Futures PF_APEUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against MEXC. 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
- −$58.37
- Price spread: +0.127% → +0.097%
- $2.95
- Slippage, 4 orders
- −$53
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$118.42
- Costs to cover
- 0.630%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 1 min ago; Kraken Futures: live order book, 37 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 MEXC live order book, 1 min ago | 3.42 bp | 5.3 bp −$5 | 32.9 bp −$329 | 181.4 bp −$18.1K | 226.8 bp −$113.4K |
| Sell Kraken Futures live order book, 37 min ago | 6.84 bp | 25.7 bp −$26 | 99.5 bp −$995 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_APEUSDshort | −0.0178% | 1h | 0.1464 | +0.127% | $406K | $578K | 20x | |
| GMX APE/USD [APE-USDC] | L −0.0178% / S +0.0185% | 1h | 0.1463 | +0.064% | $1K | — | 100x | as long as short |
| Reya APERUSDPERP | 0.0000% | 1h | 0.1235 | −15.529% | — | — | — | as long as short |
| Injective APE/USDC PERP | +0.0033% | 1h | 0.1378 | −5.746% | $1K | $12K | 5.5x | as long as short |
| dYdX APE-USD | +0.0093% | 1h | 0.1466 | +0.266% | $9K | $5 | 5x | as long as short |
| BloFin APE-USDT | +0.0094% | 8h | 0.1464 | +0.137% | $221K | $48K | 75x | as long as short |
| Hyperliquid APE | +0.0100% | 1h | 0.1466 | +0.253% | $1.3M | $369K | 5x | as long as short |
| Aster APEUSDT | +0.0100% | 8h | 0.1461 | −0.059% | $121K | $22K | 10x | as long as short |
| Binance APEUSDT | +0.0100% | 8h | 0.1464 | +0.103% | $4.1M | $6.2M | 50x | as long as short |
| Bybit APEUSDT | +0.0100% | 8h | 0.1463 | +0.062% | $3.6M | $2.6M | 50x | as long as short |
GMX APE/USD [APE-USDC]
Reya APERUSDPERP
Injective APE/USDC PERP
dYdX APE-USD
BloFin APE-USDT
Hyperliquid APE
Aster APEUSDT
Binance APEUSDT
Bybit APEUSDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX APE-USDT-SWAP | +0.0100% | 8h | 0.1463 | +0.082% | $1.3M | $1.3M | 20x | as long as short |
| Gate APE_USDT | +0.0100% | 8h | 0.1464 | +0.137% | $632K | $292K | 50x | as long as short |
| MEXC APE_USDTlong | +0.0100% | 8h | 0.1462 | long leg | $4.1M | $922K | 50x | |
| KuCoin APEUSDTM | +0.0100% | 8h | 0.1462 | 0.000% | $1.8M | $2.0M | 50x | as long as short |
| Bitget APEUSDT | +0.0100% | 8h | 0.1464 | +0.137% | $2.1M | $537K | 25x | as long as short |
| BingX APE-USDT | +0.0100% | 8h | 0.1463 | +0.068% | — | $13.4M | — | as long as short |
| Variational Omni APE | +0.0100% | 8h | 0.1466 | +0.247% | $7K | $12K | — | as long as short |
| Extended APE-USD | +0.0104% | 1h | 0.1463 | +0.049% | $4K | $219K | 10x | as long as short |
| Deribit APE_USDC-PERPETUAL | +0.0434% | 1h | 0.1464 | +0.137% | $11K | $18K | 25x | as long as short |
| Coinbase International APE-PERP-INTX | +0.0776% | 1h | 0.1470 | +0.547% | $99K | $7K | 25x | as long as short |
OKX APE-USDT-SWAP
Gate APE_USDT
KuCoin APEUSDTM
Bitget APEUSDT
BingX APE-USDT
Variational Omni APE
Extended APE-USD
Deribit APE_USDC-PERPETUAL
Coinbase International APE-PERP-INTX