Funding you earn now, next payment 07:00 UTC+0.0327%/8h= +35.8% APRpaid last 24h +0.086%
Price spread now: KuCoin against Kraken Futures−0.131%7-day average −0.068% · you buy dearer than you sell
Net, funding: paid 7d − costs−$126as in the Funding arb table
Net, price: spread back to 7d avg − costs−$128as in the Price arb table
costs, in and out, $10k−$1221.219% of the position
Funding, last 7 days−0.045%−$5 on $10k
+Price spread, last 4 days (all we have)−0.687%−$69 · spread now −0.131%, 7d avg −0.068%
=Funding pays, the price is against you. KuCoin is 0.063% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.131% now, against its 7-day average of −0.068%). If the spread goes back, that is −$6 on $10k: about 15 hours of funding at the current rate (+$10 a day).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.045% in total (about -2.4% 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 | Kraken Futures PF_APTUSD | 0.7672 | −0.0227 | get 0.0028% / 1h | 14m 32s | $525K | $630K | 50x |
| Short | KuCoin APTUSDTM | 0.7662 | 0.0100 | get 0.0100% / 8h | 1h 14m | $4.9M | $11.8M | 50x |
Kraken Futures PF_APTUSD
KuCoin APTUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Kraken Futures. 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
- $68.72
- Price spread: −0.131% → −0.068%
- −$6.29
- Slippage, 4 orders
- −$99.9
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$59.47
- Costs to cover
- 1.219%
- Break-even
- 13.1 days
Slippage from Kraken Futures: live order book, 28 min ago; KuCoin: live order book, 4 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 Kraken Futures live order book, 28 min ago | 4.58 bp | 18.0 bp −$18 | 72.6 bp −$726 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 3.26 bp | 34.7 bp −$35 | 76.3 bp −$763 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_APTUSDlong | −0.0227% | 1h | 0.7672 | long leg | $525K | $630K | 50x | |
| Variational Omni APT | −0.0015% | 8h | 0.7662 | −0.128% | $491K | $422K | — | as long as short |
| gTrade (Gains Network) APT/USD | L −0.0004% / S +0.0005% | 1h | 0.7668 | −0.052% | $21K | — | 150x | as long as short |
| Deribit APT_USDC-PERPETUAL | 0.0000% | 1h | 0.7668 | −0.052% | $19K | $596K | 50x | as long as short |
| Orderly PERP_APT_USDC | +0.0022% | 8h | 0.7666 | −0.078% | $10K | $7K | 10x | as long as short |
| Injective APT/USDC PERP | +0.0033% | 1h | 0.7780 | +1.408% | $2K | $240K | 12x | as long as short |
| Lighter APT | +0.0096% | 1h | 0.7661 | −0.144% | $411K | $426K | 10x | as long as short |
| Hyperliquid APT | +0.0100% | 1h | 0.7670 | −0.026% | $4.8M | $6.0M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7663 | −0.114% | $89K | $916K | 20x | as long as short |
| Binance APTUSDT | +0.0100% | 8h | 0.7667 | −0.065% | $27.8M | $102.1M | 75x | as long as short |
Variational Omni APT
gTrade (Gains Network) APT/USD
Deribit APT_USDC-PERPETUAL
Orderly PERP_APT_USDC
Injective APT/USDC PERP
Lighter APT
Hyperliquid APT
Aster APTUSDT
Binance APTUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit APTUSDT | +0.0100% | 8h | 0.7666 | −0.078% | $27.4M | $39.6M | 50x | as long as short |
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7666 | −0.078% | $5.7M | $24.5M | 50x | as long as short |
| Gate APT_USDT | +0.0100% | 8h | 0.7662 | −0.131% | $2.6M | $4.8M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7666 | −0.078% | $30.7M | $15.4M | 200x | as long as short |
| KuCoin APTUSDTMshort | +0.0100% | 8h | 0.7662 | −0.131% | $4.9M | $11.8M | 50x | |
| Bitget APTUSDT | +0.0100% | 8h | 0.7664 | −0.104% | $8.6M | $12.6M | 75x | as long as short |
| BingX APT-USDT | +0.0100% | 8h | 0.7663 | −0.118% | — | $26.1M | — | as long as short |
| Backpack APT_USDC_PERP | +0.0100% | 1h | 0.7670 | −0.026% | $172K | $318K | 20x | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7690 | +0.234% | $62K | $581K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7654 | −0.235% | $5K | $1.4M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7668 | −0.052% | $95 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7706 | +0.443% | $253K | $183K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7664 | −0.104% | $80K | $556K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7666 | −0.081% | $28K | $5K | 3x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0136% / S −0.0090% | 1h | 0.7664 | −0.106% | $16K | — | 100x | as long as short |
| BloFin APT-USDT | +0.0220% | 8h | 0.7665 | −0.091% | $1.4M | $805K | 75x | as long as short |
| Coinbase International APT-PERP-INTX | +0.0360% | 1h | 0.7690 | +0.234% | $222K | $316K | 50x | as long as short |
| Reya APTRUSDPERP | +0.0497% | 1h | 0.7666 | −0.078% | $3K | — | 20x | as long as short |
| dYdX APT-USD | +0.0891% | 1h | 0.7667 | −0.065% | $54K | $6K | 10x | as long as short |
| 01 Exchange APTUSD | +0.5064% | 1h | 0.7792 | +1.564% | $2K | — | 5x | as long as short |
Bybit APTUSDT
OKX APT-USDT-SWAP
Gate APT_USDT
MEXC APT_USDT
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