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

APLD

RWAall APLD markets
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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: Phemex against Binance−0.143%52s7-day average · you buy dearer than you sell
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.143% cheaper against Binance than usual: you would sell low and buy high, −$14 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance APLDUSDT27.9200get 0.0000% / 8h6h 58m$90K$672K20x
ShortPhemex APLDUSDT27.8800get 0.0000% / 8h6h 58m$32K$55K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phemex 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: −0.143% → 0.000%
−$14.33
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$36.33
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 64 min ago; Phemex: no order-book sample. 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, 64 min ago8.96 bp100.2 bp −$100doesn't fitdoesn't fitdoesn't fit
Sell Phemex no order-book sample
Phemex: 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.

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−0.0415%4h27.914−0.021%$8K$269K10xas long as short
KuCoin APLDUSDTM−0.0129%8h27.950+0.107%$79K$729K10xas long as short
BloFin APLD-USDT−0.0012%8h27.900−0.072%$50K$3K20xas long as short
Binance APLDUSDTlong0.0000%8h27.920long leg$90K$672K20x
Bybit APLDUSDT0.0000%8h27.960+0.143%$116K$176K25xas long as short
OKX APLD-USDT-SWAP0.0000%8h27.980+0.215%$80K$48K10xas long as short
Gate APLD_USDT0.0000%8h27.910−0.036%$4K$4K20xas long as short
Bitget APLDUSDT0.0000%8h27.940+0.072%$129K$296K20xas long as short
HTX APLD-USDT0.0000%8h27.890−0.107%$7K$294K10xas long as short
Phemex APLDUSDTshort0.0000%8h27.880−0.143%$32K$55K10x