Funding you earn now, next payment 02:00 UTC−0.0220%/8h= −24.1% APRpaid last 24h −0.064%
Price spread now: KuCoin against Coinbase International−0.129%7-day average −0.189% · you buy dearer than you sell
Net, funding: paid 7d − costs−$195as in the Funding arb table
Net, price: spread back to 7d avg − costs−$145as in the Price arb table
costs, in and out, $10k−$1511.508% of the position
Funding, last 7 days−0.437%−$44 on $10k
+Price spread, last 3 days (all we have)−0.589%−$59 · spread now −0.129%, 7d avg −0.189%
=The price spread pays, funding is against you. KuCoin is 0.060% dearer against Coinbase International than usual: you sell high and buy low (spread −0.129% now, against its 7-day average of −0.189%): +$6 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 22 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International APT-PERP-INTX | 0.7750 | 0.0320 | pay 0.0040% / 1h | 55m 53s | $203K | $532K | 50x |
| Short | KuCoin APTUSDTM | 0.7740 | 0.0100 | get 0.0100% / 8h | 5h 55m | $5.3M | $12.2M | 50x |
Coinbase International APT-PERP-INTX
KuCoin APTUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Coinbase International. 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
- −$46.2
- Price spread: −0.129% → −0.189%
- $5.98
- Slippage, 4 orders
- −$128.8
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$191.02
- Costs to cover
- 1.508%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 7 min ago; KuCoin: 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 Coinbase International live order book, 7 min ago | 8.42 bp | 53.1 bp −$53 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 3.24 bp | 40.9 bp −$41 | 76.9 bp −$769 | doesn't fit | doesn't fit |
APT on 29 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 | 0.7753 | +0.042% | $21K | — | 150x | as long as short |
| Deribit APT_USDC-PERPETUAL | 0.0000% | 1h | 0.7750 | 0.000% | $17K | $428K | 50x | as long as short |
| Orderly PERP_APT_USDC | +0.0004% | 8h | 0.7753 | +0.039% | $10K | $7K | 10x | as long as short |
| Variational Omni APT | +0.0017% | 8h | 0.7756 | +0.080% | $500K | $310K | — | as long as short |
| Injective APT/USDC PERP | +0.0033% | 1h | 0.7780 | +0.387% | $2K | $240K | 12x | as long as short |
| Lighter APT | +0.0096% | 1h | 0.7741 | −0.116% | $415K | $406K | 10x | as long as short |
| Hyperliquid APT | +0.0100% | 1h | 0.7740 | −0.129% | $5.4M | $6.2M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7737 | −0.165% | $96K | $932K | 20x | as long as short |
| Binance APTUSDT | +0.0100% | 8h | 0.7738 | −0.157% | $28.5M | $105.3M | 75x | as long as short |
| Bybit APTUSDT | +0.0100% | 8h | 0.7724 | −0.335% | $28.1M | $37.6M | 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
Binance APTUSDT
Bybit APTUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7729 | −0.271% | $5.8M | $24.3M | 50x | as long as short |
| Gate APT_USDT | +0.0100% | 8h | 0.7740 | −0.129% | $2.7M | $4.8M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7734 | −0.206% | $29.3M | $15.2M | 200x | as long as short |
| KuCoin APTUSDTMshort | +0.0100% | 8h | 0.7740 | −0.129% | $5.3M | $12.2M | 50x | |
| Bitget APTUSDT | +0.0100% | 8h | 0.7731 | −0.245% | $8.5M | $12.6M | 75x | as long as short |
| BingX APT-USDC | +0.0100% | 8h | 0.7735 | −0.194% | — | $6.5M | — | as long as short |
| Backpack APT_USDC_PERP | +0.0100% | 1h | 0.7744 | −0.077% | $193K | $375K | 20x | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7730 | −0.258% | $63K | $575K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7741 | −0.116% | $6K | $1.5M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7745 | −0.065% | $54 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7728 | −0.284% | $260K | $116K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7727 | −0.302% | $79K | $491K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7749 | −0.013% | $28K | $5K | 3x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0190% / S −0.0143% | 1h | 0.7761 | +0.145% | $17K | — | 100x | as long as short |
| Kraken Futures PF_APTUSD | +0.0256% | 1h | 0.7747 | −0.037% | $528K | $633K | 50x | as long as short |
| Coinbase International APT-PERP-INTXlong | +0.0320% | 1h | 0.7750 | long leg | $203K | $532K | 50x | |
| Reya APTRUSDPERP | +0.0480% | 1h | 0.7758 | +0.104% | $3K | — | 20x | as long as short |
| dYdX APT-USD | +0.1219% | 1h | 0.7739 | −0.145% | $54K | $6K | 10x | as long as short |
| 01 Exchange APTUSD | +0.4088% | 1h | 0.7810 | +0.774% | $2K | — | 5x | as long as short |
OKX APT-USDT-SWAP
Gate APT_USDT
MEXC APT_USDT
Bitget APTUSDT
BingX APT-USDC
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]
Kraken Futures PF_APTUSD
Reya APTRUSDPERP
dYdX APT-USD
01 Exchange APTUSD