APT

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0611%/8h= −66.9% APRnext payment −$0.76 per $10,000 · paid last 24h −0.124%

Price spread now: Kraken Futures against GMX+0.040%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on GMX Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. Kraken Futures is 0.040% dearer against GMX than usual: you sell high and buy low (spread +0.040% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$18 a day in funding at the current rate, which eats that in about 5 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX APT/USD [ETH-USDC]	0.7882	L +0.0190% / S −0.0143%	pay 0.0024% / 1h	6m 30s	$17K	—	100x
Short	Kraken Futures PF_APTUSD	0.7885	−0.0421	pay 0.0053% / 1h	6m 30s	$544K	$635K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against GMX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee GMXbpFee Kraken FuturesbpOrdersPrice spread, now +0.040%Rate

Funding earned: −$128.29
Price spread: +0.040% → 0.000%: $3.98
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$146.32
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; Kraken Futures: live order book, 12 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 GMX no order-book sample	—	—	—	—	—
Sell Kraken Futures live order book, 12 min ago	8.28 bp	21.3 bp −$21	78.8 bp −$788	doesn't fit	doesn't fit

GMX: 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.

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
01 Exchange APTUSD	−0.0440%	1h	0.7877	−0.067%	$2K	—	5x	as long as short
Kraken Futures PF_APTUSDshort	−0.0421%	1h	0.7885	+0.040%	$544K	$635K	50x
Variational Omni APT	−0.0068%	8h	0.7872	−0.124%	$617K	$214K	—	as long as short
Injective APT/USDC PERP	−0.0033%	1h	0.7780	−1.297%	$2K	$241K	12x	as long as short
Orderly PERP_APT_USDC	−0.0018%	8h	0.7880	−0.029%	$10K	$7K	10x	as long as short
gTrade (Gains Network) APT/USD	L −0.0004% / S +0.0005%	1h	0.7879	−0.036%	$22K	—	150x	as long as short
Deribit APT_USDC-PERPETUAL	0.0000%	1h	0.7883	+0.010%	$7K	$387K	50x	as long as short
Lighter APT	+0.0096%	1h	0.7888	+0.073%	$432K	$351K	10x	as long as short
Hyperliquid APT	+0.0100%	1h	0.7899	+0.213%	$6.0M	$5.3M	10x	as long as short
Aster APTUSDT	+0.0100%	8h	0.7888	+0.072%	$307K	$465K	20x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance APTUSDT	+0.0100%	8h	0.7893	+0.135%	$29.1M	$97.6M	75x	as long as short
Bybit APTUSDT	+0.0100%	8h	0.7886	+0.048%	$29.5M	$35.5M	50x	as long as short
OKX APT-USDT-SWAP	+0.0100%	8h	0.7889	+0.086%	$6.2M	$23.9M	50x	as long as short
Gate APT_USDT	+0.0100%	8h	0.7886	+0.048%	$2.8M	$4.7M	75x	as long as short
MEXC APT_USDT	+0.0100%	8h	0.7889	+0.086%	$28.6M	$14.6M	200x	as long as short
KuCoin APTUSDTM	+0.0100%	8h	0.7884	+0.022%	$5.6M	$12.2M	50x	as long as short
Bitget APTUSDT	+0.0100%	8h	0.7891	+0.111%	$8.9M	$12.3M	75x	as long as short
BingX APT-USDT	+0.0100%	8h	0.7887	+0.060%	—	$24.9M	—	as long as short
Backpack APT_USDC_PERP	+0.0100%	1h	0.7889	+0.086%	$201K	$368K	20x	as long as short
ApeX Omni APTUSDT	+0.0100%	1h	0.7870	−0.155%	$66K	$568K	50x	as long as short
SunX APT-USDT	+0.0100%	8h	0.7869	−0.168%	$6K	$1.4M	20x	as long as short
SoDEX APT-USD	+0.0100%	1h	0.7884	+0.022%	$80	$6K	5x	as long as short
HTX APT-USDT	+0.0100%	8h	0.7894	+0.149%	$266K	$138K	50x	as long as short
Extended APT-USD	+0.0104%	1h	0.7886	+0.043%	$84K	$464K	25x	as long as short
Aevo APT-PERP	+0.0104%	1h	0.7879	−0.047%	$24K	—	3x	as long as short
GMX APT/USD [ETH-USDC]long	L +0.0190% / S −0.0143%	1h	0.7882	long leg	$17K	—	100x
BloFin APT-USDT	+0.0220%	8h	0.7878	−0.054%	$1.5M	$798K	75x	as long as short
Coinbase International APT-PERP-INTX	+0.0288%	1h	0.7873	−0.117%	$209K	$559K	50x	as long as short
Reya APTRUSDPERP	+0.0468%	1h	0.7892	+0.118%	$3K	—	20x	as long as short
dYdX APT-USD	+0.0909%	1h	0.7886	+0.048%	$55K	$5K	10x	as long as short