S

Alert

Spread before costs (cost unknown: a leg has no order-book sample)+0.255%

7d average—if it closes, per $10,000$26funding while held, a day−$74.88

Long on ApeX Omni Short on Kraken Futures

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni SUSDT	0.03980	0.0100	pay 0.0013% / 1h	50m 59s	$25K	$500K	50x
Short	Kraken Futures PF_SUSD	0.03990	−0.2396	pay 0.0299% / 1h	50m 59s	$34K	$48K	10x

Price spread history

latest

Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Position, each leg$Hold forhoursFee ApeX OmnibpFee Kraken FuturesbpOrdersClose when spread is

Spread captured: $25.51
Funding while held: −$74.88
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$69.37
Spread needed to break even: 0.200%

Slippage unknown: ApeX Omni: live order book, 63 min ago; Kraken Futures: no order-book sample. Net counts fees only.

Cost of waiting

funding view

Funding /8h: −0.2496%
Per $10,000 a day: −$74.88
Average in range /8h: —

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 ApeX Omni live order book, 63 min ago	25.84 bp	94.6 bp −$95	doesn't fit	doesn't fit	doesn't fit
Sell Kraken Futures no order-book sample	—	—	—	—	—

Kraken Futures: 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.

S price on every exchange

against the cheapest. Click to use as the short leg.

S on 25 venues

cheapest first. Swap a leg.

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
Coinbase International S-PERP-INTX	−4.246%	−0.2432%	1h	$47K	$12K	25x	as long as short
01 Exchange SUSD	−3.518%	−1.1664%	1h	$23K	$3K	5x	as long as short
Variational Omni S	−0.141%	−0.1044%	4h	$616K	$121K	—	as long as short
BloFin S-USDT	−0.101%	+0.0340%	4h	$292K	$260K	75x	as long as short
ApeX Omni SUSDTlong	0.000%	+0.0100%	1h	$25K	$500K	50x
Gate S_USDT	+0.251%	+0.0100%	4h	$335K	$400K	50x	as long as short
Kraken Futures PF_SUSDshort	+0.255%	−0.2396%	1h	$34K	$48K	10x
Aster SUSDT	+0.297%	−0.0181%	4h	$50K	$260K	10x	as long as short
Reya SRUSDPERP	+0.314%	−0.0101%	1h	$4	—	15x	as long as short
BingX S-USDT	+0.377%	+0.0100%	4h	—	$7.0M	—	as long as short

Show all 25 venues

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
Orderly PERP_S_USDC	+0.377%	−0.0190%	4h	$105K	$335K	10x	as long as short
Bybit SUSDT	+0.402%	+0.0100%	4h	$5.8M	$9.5M	50x	as long as short
MEXC S_USDT	+0.402%	+0.0100%	4h	$3.7M	$3.5M	200x	as long as short
KuCoin SUSDTM	+0.402%	+0.0100%	4h	$1.9M	$3.9M	50x	as long as short
Lighter S	+0.427%	+0.0096%	1h	$168K	$332K	5x	as long as short
Hyperliquid S	+0.445%	+0.0100%	1h	$1.1M	$1.5M	5x	as long as short
gTrade (Gains Network) S/USD	+0.446%	L +0.0001% / S +0.0006%	1h	$616	—	150x	as long as short
GMX S/USD [WBTC.b-USDC]	+0.462%	L −0.0374% / S +0.0346%	1h	$1K	—	100x	as long as short
Extended S-USD	+0.472%	+0.0104%	1h	$224K	$946K	10x	as long as short
Deribit S_USDC-PERPETUAL	+0.477%	0.0000%	1h	$67K	$12K	10x	as long as short
OKX S-USDT-SWAP	+0.503%	+0.0100%	4h	$1.0M	$12.9M	20x	as long as short
Backpack S_USDC_PERP	+0.503%	+0.0834%	1h	$116K	$212K	5x	as long as short
Binance SUSDT	+0.513%	+0.0100%	4h	$5.5M	$40.8M	75x	as long as short
Bitget SUSDT	+0.528%	+0.0100%	4h	$1.2M	$4.7M	50x	as long as short
Injective S/USDC PERP	+3.015%	+0.0033%	1h	$2K	$161K	12x	as long as short