Settings8H · net · $10k
Funding arb · Price arb /

APLD

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Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Binance+0.133%7-day average −0.030% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$353as in the Price arb table
costs, in and out, $10k−$3693.691% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)0.000%$0 on $10k
Price spread, last 2 days (all we have)−0.474%−$47 · spread now +0.133%, 7d avg −0.030%
Together, before fees−0.474%−$47 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.162% dearer against Binance than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of −0.030%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance APLDUSDT27.7330get 0.0000% / 8h7h 14m$88K$676K20x
ShortBybit APLDUSDT27.7700get 0.0000% / 8h7h 14m$116K$175K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Binance. 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

Funding earned
$0
Price spread: +0.133% → −0.030%
$16.24
Slippage, 4 orders
−$348.12
Fee Binance: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$352.88
Costs to cover
3.691%
Break-even
never at this rate
Slippage from Binance: live order book, 48 min ago; Bybit: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 48 min ago8.96 bp100.2 bp −$100doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 1 min ago10.80 bp99.7 bp −$100223.2 bp −$2,232doesn't fitdoesn't fit

APLD on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX APLDUSDC−0.0630%4h27.783+0.180%$8K$269K10xas long as short
KuCoin APLDUSDTM−0.0163%8h27.780+0.169%$73K$716K10xas long as short
BloFin APLD-USDT−0.0015%8h27.800+0.241%$51K$3K20xas long as short
Binance APLDUSDTlong0.0000%8h27.733long leg$88K$676K20x
Bybit APLDUSDTshort0.0000%8h27.770+0.133%$116K$175K25x
OKX APLD-USDT-SWAP0.0000%8h27.850+0.421%$80K$48K10xas long as short
Gate APLD_USDT0.0000%8h27.790+0.205%$4K$4K20xas long as short
Bitget APLDUSDT0.0000%8h27.780+0.169%$129K$298K20xas long as short
HTX APLD-USDT0.0000%8h27.750+0.061%$6K$294K10xas long as short
Phemex APLDUSDT0.0000%8h27.730−0.012%$32K$55K10xas long as short