Funding you earn now, next payment 02:00 UTC−0.0224%/8h= −24.6% APRnext payment −$0.28 per $10,000 · paid last 24h —
Price spread now: Kraken Futures against Reya+19.160%48s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Kraken Futures is 19.160% dearer against Reya than usual: you sell high and buy low (spread +19.160% now, against zero (this spread has no 7-day history yet)): +$1,916 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 9 months. The two prices were read 48 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 | Reya APERUSDPERP | 0.1235 | 0 | get 0.0000% / 1h | 39m 30s | — | — | — |
| Short | Kraken Futures PF_APEUSD | 0.1472 | −0.0224 | pay 0.0028% / 1h | 39m 30s | $409K | $607K | 20x |
Reya APERUSDPERP
Kraken Futures PF_APEUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Reya. 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
- −$47.11
- Price spread: +19.160% → 0.000%
- $1,915.99
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $1,852.87
- Costs to cover
- 0.160%
- Break-even
- from the start
Slippage unknown: Reya: no order-book sample; Kraken Futures: live order book, 29 min ago. 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 Reya no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 29 min ago | 10.10 bp | 35.7 bp −$36 | 119.3 bp −$1,193 | doesn't fit | doesn't fit |
Reya: 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_APEUSDshort | −0.0224% | 1h | 0.1472 | +19.160% | $409K | $607K | 20x | |
| GMX APE/USD [APE-USDC] | L −0.0178% / S +0.0185% | 1h | 0.1466 | +18.681% | $1K | — | 100x | as long as short |
| Reya APERUSDPERPlong | 0.0000% | 1h | 0.1235 | long leg | — | — | — | |
| Deribit APE_USDC-PERPETUAL | 0.0000% | 1h | 0.1466 | +18.705% | $11K | $18K | 25x | as long as short |
| dYdX APE-USD | +0.0009% | 1h | 0.1471 | +19.084% | $9K | $5 | 5x | as long as short |
| Injective APE/USDC PERP | +0.0033% | 1h | 0.1378 | +11.579% | $1K | $12K | 5.5x | as long as short |
| BloFin APE-USDT | +0.0076% | 8h | 0.1477 | +19.595% | $220K | $54K | 75x | as long as short |
| Hyperliquid APE | +0.0100% | 1h | 0.1477 | +19.571% | $1.3M | $377K | 5x | as long as short |
| Aster APEUSDT | +0.0100% | 8h | 0.1471 | +19.143% | $122K | $22K | 10x | as long as short |
| Binance APEUSDT | +0.0100% | 8h | 0.1472 | +19.162% | $4.1M | $6.6M | 50x | as long as short |
GMX APE/USD [APE-USDC]
Deribit APE_USDC-PERPETUAL
dYdX APE-USD
Injective APE/USDC PERP
BloFin APE-USDT
Hyperliquid APE
Aster APEUSDT
Binance APEUSDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit APEUSDT | +0.0100% | 8h | 0.1475 | +19.409% | $3.6M | $3.0M | 50x | as long as short |
| OKX APE-USDT-SWAP | +0.0100% | 8h | 0.1476 | +19.482% | $1.3M | $1.4M | 20x | as long as short |
| Gate APE_USDT | +0.0100% | 8h | 0.1470 | +19.004% | $631K | $308K | 50x | as long as short |
| MEXC APE_USDT | +0.0100% | 8h | 0.1471 | +19.109% | $4.3M | $881K | 50x | as long as short |
| KuCoin APEUSDTM | +0.0100% | 8h | 0.1470 | +19.028% | $1.8M | $2.5M | 50x | as long as short |
| Bitget APEUSDT | +0.0100% | 8h | 0.1475 | +19.433% | $2.1M | $577K | 25x | as long as short |
| BingX APE-USDT | +0.0100% | 8h | 0.1471 | +19.109% | — | $13.1M | — | as long as short |
| Variational Omni APE | +0.0100% | 8h | 0.1472 | +19.172% | $8K | $12K | — | as long as short |
| Extended APE-USD | +0.0104% | 1h | 0.1471 | +19.098% | $4K | $204K | 10x | as long as short |
| Coinbase International APE-PERP-INTX | +0.0904% | 1h | 0.1467 | +18.786% | $99K | $7K | 25x | as long as short |
Bybit APEUSDT
OKX APE-USDT-SWAP
Gate APE_USDT
MEXC APE_USDT
KuCoin APEUSDTM
Bitget APEUSDT
BingX APE-USDT
Variational Omni APE
Extended APE-USD
Coinbase International APE-PERP-INTX