APLD

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BingXNCSKAPLD2USD-USDT	25.170	+0.1506	pay 0.1506% / 8h	7h 10m	$980K	$1.7M	—	Long BingX
SHORT	BinanceAPLDUSDT	25.170	+0.0782	get 0.0782% / 8h	7h 10m	$421K	$2.5M	20x	Short Binance

Price gap0.000%

Funding gap−0.0724% /8h

The gap pays +$3 on $10k if it goes back to its 7d average, but funding costs $22 a day and eats that in about 3 hours. At the last 7 days' pace that is about 28 hours.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding−$19−0.0724% /8h now · paid −0.190% over the last 7D

Price+$3spread 0.000% now, avg −0.031% → +0.031% if it goes back

Costs−$1311.305% of $10k · taker + slippage, in and out

Result−$146−1.46%no pointsWhat the last 7D really paid, hour by hour → backtest

The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.190% in total, about −0.0091%/8h on average.

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now0.000%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

APLD on 13 exchanges

lowest funding first

Before you open

2 ok · 3 to watch

Watch: Thin at this size14.1 / 50.0 bp
At $10k entering Binance costs 50.0 bp, fee and slippage, 3.5× BingX’s.
Note: Margin at max leverage— + $500
BingX —, Binance 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval8h / 8h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: −$21.71Long BingX: 3 payments, −$45.18; short Binance: 3 payments, +$23.47.
OK: Entry gap works for you0.000% vs −0.031%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Short leg is thinner$421K vs $980K OI
Binance sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCBingX Yes · Binance Yes
Advanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0091%/8h × 21 periods−$19.05

Price spread0.000% → −0.031% (7d avg)+$3.13

Slippage, 4 orderslive order books−$112.52

Fee BingX bp × 2 orders−$10.00

Fee Binance bp × 2 orders−$8.00

Net · 7 days · $10k−$146.44

Costs to cover1.305%Break-evennever at this rate

Slippage: BingX: live order book, 15 min ago; Binance: live order book, 3 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGBingX1.9814.1 bp−$1468.6 bp−$686547.8 bp−$54.8K873.8 bp−$436.9K

SELL · SHORTBinance3.9950.0 bp−$50208.5 bp−$2,085doesn’t fitdoesn’t fit

Closing costs about the same again.

APLD news

posts that mention APLD, from every exchangeSearch all news →

10-03 11:45	Backpack	Other	Earnings & macro events to watch for the week of Oct. 5. ▸ Earnings: $PEP $DAL $STZ $LEVI $APLD $PENG ▸ Macro: US ISM Services PMI, FOMC minutes Full market calendar → @Backpack on X ↗
10-03 11:40	Backpack	Other	Earnings & macro events to watch for the week of Oct. 5. ▸ Earnings: $PEP $DAL $STZ $LEVI $APLD $PENG ▸ Macro: US ISM Services PMI, FOMC minutes Full market calendar → @Backpack on X ↗
09-22 13:38	Phemex	Listing	Seven new US stock perpetuals. 10x leverage. One important catch: they launched before Monday’s cash session. $AGPU, $AMC, $ANET, $APLD, $CYPH, $HUT and $PATH are now live on Phemex. No expiry. USDT margin. Funding every 8 hours. Trade the names. Respect the first prints. 👇🏻 @Phemex_official on X ↗
09-20 11:07	Phemex	Listing	New TradFi Futures listings are now LIVE with up to 10x leverage: 🟢 $AGPU / $APLD / $HUT / $ANET / $CYPH / $AMC / $PATH 👇 Trade directly with USDT on Phemex TradFi Futures @Phemex_official on X ↗
09-20 08:12	Phemex	Listing	new market APLDUSDT ($APLD) seen by our collector
09-18 13:45	BloFin	Listing	BloFin Futures has listed the $APLD-USDT & $TLT-USDT Perpetual Contract 🔥 Trade and take advantage of: ✅ 0% Maker Fees ✅ 50% off Taker Fees @BloFin_Official on X ↗