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
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance APLDUSDT | 27.920 | 0 | get 0.0000% / 8h | 6h 58m | $90K | $672K | 20x |
| Short | Phemex APLDUSDT | 27.880 | 0 | get 0.0000% / 8h | 6h 58m | $32K | $55K | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 64 min ago | 8.96 bp | 100.2 bp −$100 | doesn't fit | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX APLDUSDC | −0.0415% | 4h | 27.914 | −0.021% | $8K | $269K | 10x | as long as short |
| KuCoin APLDUSDTM | −0.0129% | 8h | 27.950 | +0.107% | $79K | $729K | 10x | as long as short |
| BloFin APLD-USDT | −0.0012% | 8h | 27.900 | −0.072% | $50K | $3K | 20x | as long as short |
| Binance APLDUSDTlong | 0.0000% | 8h | 27.920 | long leg | $90K | $672K | 20x | |
| Bybit APLDUSDT | 0.0000% | 8h | 27.960 | +0.143% | $116K | $176K | 25x | as long as short |
| OKX APLD-USDT-SWAP | 0.0000% | 8h | 27.980 | +0.215% | $80K | $48K | 10x | as long as short |
| Gate APLD_USDT | 0.0000% | 8h | 27.910 | −0.036% | $4K | $4K | 20x | as long as short |
| Bitget APLDUSDT | 0.0000% | 8h | 27.940 | +0.072% | $129K | $296K | 20x | as long as short |
| HTX APLD-USDT | 0.0000% | 8h | 27.890 | −0.107% | $7K | $294K | 10x | as long as short |
| Phemex APLDUSDTshort | 0.0000% | 8h | 27.880 | −0.143% | $32K | $55K | 10x |
Binance APLDUSDT
Phemex APLDUSDT
edgeX APLDUSDC
KuCoin APLDUSDTM
BloFin APLD-USDT
Bybit APLDUSDT
OKX APLD-USDT-SWAP
Gate APLD_USDT
Bitget APLDUSDT
HTX APLD-USDT