Funding you earn now, next payment 00:00 UTC−0.0495%/8h= −54.2% APRpaid last 24h −0.106%
Price spread now: Kraken Futures against SunX+0.243%7-day average +0.165% · you sell dearer than you buy
Net, funding: paid 7d − costs−$265as in the Funding arb table
Net, price: spread back to 7d avg − costs−$248as in the Price arb table
costs, in and out, $10k−$2562.557% of the position
Funding, last 7 days−0.090%−$9 on $10k
+Price spread, last 3 days (all we have)+0.004%$0 · spread now +0.243%, 7d avg +0.165%
=The price spread pays, funding is against you. Kraken Futures is 0.078% dearer against SunX than usual: you sell high and buy low (spread +0.243% now, against its 7-day average of +0.165%): +$8 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 13 hours. At the pace of the last 7 days (−0.090% in total) that is about 6.1 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.090% in total (about -4.7% 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 | SunX APT-USDT | 0.8035 | 0.0100 | pay 0.0100% / 8h | 24m 57s | $6K | $1.5M | 20x |
| Short | Kraken Futures PF_APTUSD | 0.8055 | −0.0395 | pay 0.0049% / 1h | 24m 57s | $557K | $640K | 50x |
SunX APT-USDT
Kraken Futures PF_APTUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against SunX. 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
- −$103.97
- Price spread: +0.243% → +0.165%
- $7.84
- Slippage, 4 orders
- −$237.73
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$351.86
- Costs to cover
- 2.557%
- Break-even
- never at this rate
Slippage from SunX: live order book, 10 min ago; Kraken Futures: live order book, 53 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 SunX live order book, 10 min ago | 30.16 bp | 99.9 bp −$100 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 53 min ago | 8.28 bp | 21.3 bp −$21 | 78.8 bp −$788 | 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 | −0.0395% | 1h | 0.8055 | +0.243% | $557K | $640K | 50x | |
| Variational Omni APT | −0.0032% | 8h | 0.8013 | −0.279% | $523K | $320K | — | as long as short |
| Orderly PERP_APT_USDC | −0.0009% | 8h | 0.8052 | +0.212% | $11K | $7K | 10x | as long as short |
| gTrade (Gains Network) APT/USD | L −0.0004% / S +0.0005% | 1h | 0.8048 | +0.157% | $21K | — | 150x | as long as short |
| Deribit APT_USDC-PERPETUAL | 0.0000% | 1h | 0.8050 | +0.187% | $14K | $415K | 50x | as long as short |
| Injective APT/USDC PERP | +0.0033% | 1h | 0.7780 | −3.174% | $2K | $241K | 12x | as long as short |
| Lighter APT | +0.0096% | 1h | 0.8051 | +0.199% | $432K | $388K | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.8053 | +0.229% | $314K | $477K | 20x | as long as short |
| Binance APTUSDT | +0.0100% | 8h | 0.8058 | +0.285% | $30.3M | $100.1M | 75x | as long as short |
| Bybit APTUSDT | +0.0100% | 8h | 0.8060 | +0.311% | $30.0M | $36.9M | 50x | as long as short |
Variational Omni APT
Orderly PERP_APT_USDC
gTrade (Gains Network) APT/USD
Deribit APT_USDC-PERPETUAL
Injective APT/USDC PERP
Lighter APT
Aster APTUSDT
Binance 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 | 0.8057 | +0.274% | $6.4M | $24.9M | 50x | as long as short |
| Gate APT_USDT | +0.0100% | 8h | 0.8057 | +0.274% | $2.8M | $4.8M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.8055 | +0.249% | $29.4M | $14.8M | 200x | as long as short |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.8050 | +0.187% | $5.6M | $12.2M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.8062 | +0.336% | $9.1M | $12.7M | 75x | as long as short |
| BingX APT-USDT | +0.0100% | 8h | 0.8063 | +0.348% | — | $25.3M | — | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7990 | −0.560% | $67K | $568K | 50x | as long as short |
| SunX APT-USDTlong | +0.0100% | 8h | 0.8035 | long leg | $6K | $1.5M | 20x | |
| SoDEX APT-USD | +0.0100% | 1h | 0.8048 | +0.162% | $57 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.8045 | +0.124% | $271K | $140K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.8046 | +0.137% | $85K | $464K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.8049 | +0.175% | $25K | — | 3x | as long as short |
| Hyperliquid APT | +0.0132% | 1h | 0.8072 | +0.460% | $6.4M | $5.6M | 10x | as long as short |
| Backpack APT_USDC_PERP | +0.0146% | 1h | 0.8066 | +0.386% | $204K | $369K | 20x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0191% / S −0.0143% | 1h | 0.8051 | +0.202% | $18K | — | 100x | as long as short |
| BloFin APT-USDT | +0.0220% | 8h | 0.8048 | +0.162% | $1.5M | $832K | 75x | as long as short |
| Coinbase International APT-PERP-INTX | +0.0240% | 1h | 0.8054 | +0.236% | $215K | $580K | 50x | as long as short |
| Reya APTRUSDPERP | +0.0471% | 1h | 0.8039 | +0.049% | $3K | — | 20x | as long as short |
| dYdX APT-USD | +0.0977% | 1h | 0.8041 | +0.071% | $56K | $6K | 10x | as long as short |
| 01 Exchange APTUSD | +0.1160% | 1h | 0.8174 | +1.730% | $2K | — | 5x | as long as short |
OKX APT-USDT-SWAP
Gate APT_USDT
MEXC APT_USDT
KuCoin APTUSDTM
Bitget APTUSDT
BingX APT-USDT
ApeX Omni APTUSDT
SoDEX APT-USD
HTX APT-USDT
Extended APT-USD
Aevo APT-PERP
Hyperliquid APT
Backpack APT_USDC_PERP
GMX APT/USD [ETH-USDC]
BloFin APT-USDT
Coinbase International APT-PERP-INTX
Reya APTRUSDPERP
dYdX APT-USD
01 Exchange APTUSD