Funding you earn now, next payment 07:00 UTC−0.0327%/8h= −35.8% APRpaid last 24h −0.086%
Price spread now: Kraken Futures against KuCoin+0.030%7-day average +0.068% · you sell dearer than you buy
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costs−$126as 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)+0.787%+$79 · spread now +0.030%, 7d avg +0.068%
=Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Kraken Futures is 0.037% cheaper against KuCoin than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.068%). Swap the legs.
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 | KuCoin APTUSDTM | 0.7682 | 0.0100 | pay 0.0100% / 8h | 1h 17m | $4.9M | $11.8M | 50x |
| Short | Kraken Futures PF_APTUSD | 0.7684 | −0.0227 | pay 0.0028% / 1h | 17m 13s | $526K | $630K | 50x |
KuCoin APTUSDTM
Kraken Futures PF_APTUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against KuCoin. 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
- −$68.64
- Price spread: +0.030% → +0.068%
- −$3.75
- Slippage, 4 orders
- −$99.9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$194.29
- Costs to cover
- 1.219%
- Break-even
- never at this rate
Slippage from KuCoin: 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 KuCoin live order book, 1 min ago | 3.26 bp | 42.9 bp −$43 | 80.8 bp −$808 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 26 min ago | 4.58 bp | 26.2 bp −$26 | 85.3 bp −$853 | 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_APTUSDshort | −0.0227% | 1h | 0.7684 | +0.030% | $526K | $630K | 50x | |
| Variational Omni APT | −0.0019% | 8h | 0.7680 | −0.024% | $492K | $422K | — | as long as short |
| gTrade (Gains Network) APT/USD | L −0.0004% / S +0.0005% | 1h | 0.7684 | +0.026% | $21K | — | 150x | as long as short |
| Deribit APT_USDC-PERPETUAL | 0.0000% | 1h | 0.7682 | 0.000% | $20K | $596K | 50x | as long as short |
| Orderly PERP_APT_USDC | +0.0024% | 8h | 0.7684 | +0.026% | $10K | $7K | 10x | as long as short |
| Injective APT/USDC PERP | +0.0033% | 1h | 0.7780 | +1.276% | $2K | $240K | 12x | as long as short |
| Lighter APT | +0.0096% | 1h | 0.7681 | −0.013% | $411K | $425K | 10x | as long as short |
| Hyperliquid APT | +0.0100% | 1h | 0.7685 | +0.039% | $4.8M | $6.0M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7688 | +0.078% | $91K | $917K | 20x | as long as short |
| Binance APTUSDT | +0.0100% | 8h | 0.7682 | 0.000% | $27.9M | $102.7M | 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 | 0.7681 | −0.013% | $27.5M | $39.7M | 50x | as long as short |
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7680 | −0.026% | $5.7M | $24.7M | 50x | as long as short |
| Gate APT_USDT | +0.0100% | 8h | 0.7684 | +0.026% | $2.6M | $4.8M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7682 | 0.000% | $30.8M | $15.4M | 200x | as long as short |
| KuCoin APTUSDTMlong | +0.0100% | 8h | 0.7682 | long leg | $4.9M | $11.8M | 50x | |
| Bitget APTUSDT | +0.0100% | 8h | 0.7683 | +0.013% | $8.6M | $12.7M | 75x | as long as short |
| BingX APT-USDC | +0.0100% | 8h | 0.7685 | +0.039% | — | $6.5M | — | as long as short |
| Backpack APT_USDC_PERP | +0.0100% | 1h | 0.7688 | +0.078% | $173K | $318K | 20x | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7690 | +0.104% | $62K | $582K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7668 | −0.182% | $5K | $1.4M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7681 | −0.013% | $93 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7706 | +0.312% | $253K | $184K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7679 | −0.041% | $80K | $556K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7680 | −0.026% | $28K | $5K | 3x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0136% / S −0.0090% | 1h | 0.7682 | +0.006% | $16K | — | 100x | as long as short |
| BloFin APT-USDT | +0.0220% | 8h | 0.7677 | −0.065% | $1.4M | $809K | 75x | as long as short |
| Coinbase International APT-PERP-INTX | +0.0360% | 1h | 0.7690 | +0.104% | $222K | $317K | 50x | as long as short |
| Reya APTRUSDPERP | +0.0496% | 1h | 0.7681 | −0.018% | $3K | — | 20x | as long as short |
| dYdX APT-USD | +0.0880% | 1h | 0.7687 | +0.060% | $54K | $6K | 10x | as long as short |
| 01 Exchange APTUSD | +0.5064% | 1h | 0.7784 | +1.328% | $2K | — | 5x | as long as short |
Bybit APTUSDT
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]
BloFin APT-USDT
Coinbase International APT-PERP-INTX
Reya APTRUSDPERP
dYdX APT-USD
01 Exchange APTUSD