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

APLD

RWAall APLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0159%/8h= −17.4% APRnext payment $1.59 per $10,000 · paid last 24h +0.022%
Price spread now: KuCoin against Binance+0.014%7-day average −0.023% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.108%−$11 on $10k
Price spread, last 2 days (all we have)−0.270%−$27 · spread now +0.014%, 7d avg −0.023%
Together, before fees−0.379%−$38 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.037% dearer against Binance than usual: you sell high and buy low (spread +0.014% now, against its 7-day average of −0.023%): +$4 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 19 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance APLDUSDT27.9060get 0.0000% / 8h14m 01s$91K$672K20x
ShortKuCoin APLDUSDTM27.910−0.0159pay 0.0159% / 8h14m 01s$79K$657K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$33.39
Price spread: +0.014% → −0.023%
$3.74
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$51.65
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 63 min ago; KuCoin: live order book, 40 min ago. Net counts fees only.

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, 63 min ago12.53 bp116.1 bp −$116doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 40 min ago5.37 bpdoesn't fitdoesn't fitdoesn'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
KuCoin APLDUSDTMshort−0.0159%8h27.910+0.014%$79K$657K10x
BloFin APLD-USDT−0.0006%8h27.860−0.165%$50K$3K20xas long as short
Binance APLDUSDTlong0.0000%8h27.906long leg$91K$672K20x
Bybit APLDUSDT0.0000%8h27.970+0.229%$120K$139K25xas long as short
OKX APLD-USDT-SWAP0.0000%8h27.930+0.086%$80K$45K10xas long as short
Gate APLD_USDT0.0000%8h27.960+0.193%$4K$3K20xas long as short
Bitget APLDUSDT0.0000%8h27.970+0.229%$138K$291K20xas long as short
HTX APLD-USDT0.0000%8h28.020+0.408%$7K$295K10xas long as short
Phemex APLDUSDT0.0000%8h27.880−0.093%$31K$54K10xas long as short
edgeX APLDUSDC+0.0626%4h27.942+0.130%$8K$269K10xas long as short