Funding arb · Price arb /

APLD

RWAall APLD markets

Swap Backtest

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: HTX against Binance+0.289%7-day average +0.011% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Binance Short on HTX

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)−0.378%−$38 · spread now +0.289%, 7d avg +0.011%

Together, before fees−0.378%−$38 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: HTX is 0.278% dearer against Binance than usual: you sell high and buy low, +$28 on $10k if it goes back to its 7-day average of +0.011%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance APLDUSDT	27.720	0	get 0.0000% / 8h	7h 43m	$89K	$672K	20x
Short	HTX APLD-USDT	27.800	0	get 0.0000% / 8h	7h 43m	$7K	$294K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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

Position, each leg$Hold fordaysFee BinancebpFee HTXbpOrdersPrice spread, now +0.289%Rate

Funding earned: $0
Price spread: +0.289% → +0.011%: $27.81
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee HTX: 6 bp × 2 orders: −$12
Net: $5.81
Costs to cover: 0.220%
Break-even: from the start

Slippage unknown: Binance: live order book, 19 min ago; HTX: live order book, 54 min ago. Net counts fees only.

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 Binance live order book, 19 min ago	8.96 bp	100.2 bp −$100	doesn't fit	doesn't fit	doesn't fit
Sell HTX live order book, 54 min ago	57.27 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

APLD on 10 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
edgeX APLDUSDC	−0.0588%	4h	27.722	+0.007%	$8K	$269K	10x	as long as short
KuCoin APLDUSDTM	−0.0206%	8h	27.760	+0.144%	$73K	$684K	10x	as long as short
BloFin APLD-USDT	−0.0014%	8h	27.660	−0.216%	$50K	$3K	20x	as long as short
Binance APLDUSDTlong	0.0000%	8h	27.720	long leg	$89K	$672K	20x
Bybit APLDUSDT	0.0000%	8h	27.760	+0.144%	$119K	$137K	25x	as long as short
OKX APLD-USDT-SWAP	0.0000%	8h	27.760	+0.144%	$80K	$44K	10x	as long as short
Gate APLD_USDT	0.0000%	8h	27.790	+0.253%	$4K	$3K	20x	as long as short
Bitget APLDUSDT	0.0000%	8h	27.740	+0.072%	$140K	$282K	20x	as long as short
HTX APLD-USDTshort	0.0000%	8h	27.800	+0.289%	$7K	$294K	10x
Phemex APLDUSDT	0.0000%	8h	27.710	−0.036%	$32K	$54K	10x	as long as short