Funding you earn now, next payment 05:00 UTC+0.0152%/8h= +16.6% APRpaid last 24h −0.089%
Price spread now: Kraken Futures against Binance−0.078%7-day average +0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$840.837% of the position
Funding, last 7 days+0.026%+$3 on $10k
+Price spread, last 4 days (all we have)+1.376%+$138 · spread now −0.078%, 7d avg +0.040%
=Funding pays, the price is against you. Kraken Futures is 0.118% cheaper against Binance than usual: you would sell low and buy high (spread −0.078% now, against its 7-day average of +0.040%). If the spread goes back, that is −$12 on $10k: about 2.6 days of funding at the current rate (+$5 a day). At the pace of the last 7 days (+0.026% in total) that is about 32 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance APTUSDT | 0.7636 | 0.0100 | pay 0.0100% / 8h | 3h 27m | $27.7M | $106.9M | 75x |
| Short | Kraken Futures PF_APTUSD | 0.7630 | 0.0252 | get 0.0031% / 1h | 27m 08s | $529K | $638K | 50x |
Binance APTUSDT
Kraken Futures PF_APTUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Binance. 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
- $31.83
- Price spread: −0.078% → +0.040%
- −$11.84
- Slippage, 4 orders
- −$63.73
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$63.74
- Costs to cover
- 0.837%
- Break-even
- 21.0 days
Slippage from Binance: live order book, 1 min ago; Kraken Futures: live order book, 26 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 Binance live order book, 1 min ago | 0.65 bp | 9.8 bp −$10 | 21.0 bp −$210 | 84.6 bp −$8,456 | doesn't fit |
| Sell Kraken Futures live order book, 26 min ago | 10.37 bp | 30.5 bp −$30 | 103.8 bp −$1,038 | doesn't fit | doesn't fit |
APT on 30 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) APT/USD | L −0.0004% / S +0.0005% | 1h | 0.7639 | +0.037% | $21K | — | 150x | as long as short |
| Deribit APT_USDC-PERPETUAL | 0.0000% | 1h | 0.7630 | −0.079% | $7K | $535K | 50x | as long as short |
| Orderly PERP_APT_USDC | +0.0017% | 8h | 0.7629 | −0.092% | $10K | $7K | 10x | as long as short |
| Variational Omni APT | +0.0026% | 8h | 0.7685 | +0.644% | $512K | $416K | — | as long as short |
| Injective APT/USDC PERP | +0.0033% | 1h | 0.7780 | +1.886% | $2K | $240K | 12x | as long as short |
| Lighter APT | +0.0096% | 1h | 0.7631 | −0.065% | $407K | $422K | 10x | as long as short |
| Hyperliquid APT | +0.0100% | 1h | 0.7647 | +0.144% | $5.2M | $6.1M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7641 | +0.065% | $97K | $958K | 20x | as long as short |
| Binance APTUSDTlong | +0.0100% | 8h | 0.7636 | long leg | $27.7M | $106.9M | 75x | |
| Bybit APTUSDT | +0.0100% | 8h | 0.7629 | −0.092% | $27.2M | $40.2M | 50x | as long as short |
gTrade (Gains Network) APT/USD
Deribit APT_USDC-PERPETUAL
Orderly PERP_APT_USDC
Variational Omni APT
Injective APT/USDC PERP
Lighter APT
Hyperliquid APT
Aster APTUSDT
Bybit APTUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7633 | −0.039% | $5.7M | $24.8M | 50x | as long as short |
| Gate APT_USDT | +0.0100% | 8h | 0.7639 | +0.039% | $2.6M | $5.0M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7634 | −0.026% | $28.9M | $15.1M | 200x | as long as short |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7630 | −0.079% | $5.0M | $12.3M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.7628 | −0.105% | $8.6M | $13.1M | 75x | as long as short |
| BingX APT-USDT | +0.0100% | 8h | 0.7634 | −0.026% | — | $25.9M | — | as long as short |
| Backpack APT_USDC_PERP | +0.0100% | 1h | 0.7649 | +0.170% | $177K | $383K | 20x | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7690 | +0.707% | $61K | $581K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7630 | −0.079% | $6K | $1.5M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7631 | −0.065% | $73 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7645 | +0.118% | $249K | $149K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7626 | −0.130% | $79K | $428K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7630 | −0.079% | $28K | $5K | 3x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0136% / S −0.0090% | 1h | 0.7636 | +0.001% | $16K | — | 100x | as long as short |
| BloFin APT-USDT | +0.0220% | 8h | 0.7635 | −0.013% | $1.4M | $949K | 75x | as long as short |
| Kraken Futures PF_APTUSDshort | +0.0252% | 1h | 0.7630 | −0.078% | $529K | $638K | 50x | |
| Coinbase International APT-PERP-INTX | +0.0312% | 1h | 0.7630 | −0.079% | $220K | $459K | 50x | as long as short |
| Reya APTRUSDPERP | +0.0489% | 1h | 0.7641 | +0.061% | $3K | — | 20x | as long as short |
| dYdX APT-USD | +0.0604% | 1h | 0.7648 | +0.163% | $54K | $6K | 10x | as long as short |
| 01 Exchange APTUSD | +0.4960% | 1h | 0.7782 | +1.912% | $2K | — | 5x | as long as short |
OKX APT-USDT-SWAP
Gate APT_USDT
MEXC APT_USDT
KuCoin APTUSDTM
Bitget APTUSDT
BingX APT-USDT
Backpack APT_USDC_PERP
ApeX Omni APTUSDT
SunX APT-USDT
SoDEX APT-USD
HTX APT-USDT
Extended APT-USD
Aevo APT-PERP
GMX APT/USD [ETH-USDC]
BloFin APT-USDT
Coinbase International APT-PERP-INTX
Reya APTRUSDPERP
dYdX APT-USD
01 Exchange APTUSD