AR

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.1010%/8h= +110.6% APRnext payment +$1.26 per $10,000 · paid last 24h +0.301%

Price spread now: ApeX Omni against Kraken Futures+0.279%7-day average −0.090% · you sell dearer than you buy

Net, funding: paid 7d − costs+$31as in the Funding arb table

Net, price: spread back to 7d avg − costs−$75as in the Price arb table

costs, in and out, $10k−$1121.120% of the position

Long on Kraken Futures Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+1.431%+$143 on $10k

Price spread, last 4 days (all we have)−0.206%−$21 · spread now +0.279%, 7d avg −0.090%

Together, before fees+1.226%+$123 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$30 a day on $10k at the current rate, and ApeX Omni is 0.369% dearer against Kraken Futures than usual: you sell high and buy low: +$37 more if the spread goes back to its 7-day average of −0.090%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_ARUSD	4.2352	−0.0910	get 0.0114% / 1h	6m 41s	$52K	$185K	20x
Short	ApeX Omni ARUSDT	4.2470	0.0100	get 0.0013% / 1h	6m 41s	$20K	$716K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni 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 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 Kraken FuturesbpFee ApeX OmnibpOrdersPrice spread, now +0.279%Rate

Funding earned: $212.09
Price spread: +0.279% → −0.090%: $36.94
Slippage, 4 orders: −$91.98
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: $137.05
Costs to cover: 1.120%
Break-even: 2.5 days

Slippage from Kraken Futures: live order book, 41 min ago; ApeX Omni: live order book, 42 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, 41 min ago	27.60 bp	40.4 bp −$40	doesn't fit	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 42 min ago	9.14 bp	16.7 bp −$17	116.8 bp −$1,168	doesn't fit	doesn't fit

AR on 17 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_ARUSDlong	−0.0910%	1h	4.2352	long leg	$52K	$185K	20x
GMX AR/USD [WBTC.b-USDC]	L −0.0140% / S +0.0550%	1h	4.2427	+0.176%	$544K	—	50x	as long as short
Hyperliquid AR	+0.0100%	1h	4.2455	+0.244%	$3.4M	$4.9M	5x	as long as short
Aster ARUSDT	+0.0100%	8h	4.2430	+0.185%	$42K	$462K	10x	as long as short
Binance ARUSDT	+0.0100%	8h	4.2407	+0.129%	$8.4M	$52.8M	75x	as long as short
Bybit ARUSDT	+0.0100%	8h	4.2390	+0.090%	$4.2M	$9.4M	75x	as long as short
OKX AR-USDT-SWAP	+0.0100%	8h	4.2420	+0.161%	$2.2M	$17.3M	20x	as long as short
Gate AR_USDT	+0.0100%	8h	4.2350	−0.004%	$2.0M	$3.5M	50x	as long as short
MEXC AR_USDT	+0.0100%	8h	4.2400	+0.114%	$5.9M	$4.3M	100x	as long as short
KuCoin ARUSDTM	+0.0100%	8h	4.2370	+0.043%	$1.1M	$1.3M	50x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget ARUSDT	+0.0100%	8h	4.2370	+0.043%	$3.7M	$5.6M	75x	as long as short
BingX AR-USDT	+0.0100%	8h	4.2400	+0.114%	—	$2.8M	—	as long as short
Variational Omni AR	+0.0100%	8h	4.2408	+0.132%	$240K	$629K	—	as long as short
ApeX Omni ARUSDTshort	+0.0100%	1h	4.2470	+0.279%	$20K	$716K	50x
Extended AR-USD	+0.0104%	1h	4.2416	+0.152%	$36K	$243K	10x	as long as short
BloFin AR-USDT	+0.0220%	8h	4.2380	+0.067%	$404K	$461K	20x	as long as short
Injective AR/USDC PERP	+0.0666%	1h	4.4240	+4.458%	$2K	$5K	5.5x	as long as short