Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bitget−0.135%7-day average +0.115% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$230as in the Price arb table
costs, in and out, $10k−$2052.051% of the position
Funding, last 4 days (all we have)−0.027%−$3 on $10k
+Price spread, last 2 days (all we have)+0.464%+$46 · spread now −0.135%, 7d avg +0.115%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.250% cheaper against Bitget than usual: you would sell low and buy high, −$25 on $10k if it goes back to its 7-day average of +0.115%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget APLDUSDT | 28.360 | 0 | get 0.0000% / 8h | 6h 49m | $163K | $319K | 20x |
| Short | Binance APLDUSDT | 28.322 | 0 | get 0.0000% / 8h | 6h 49m | $91K | $715K | 20x |
Bitget APLDUSDT
Binance APLDUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bitget. 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: −0.135% → +0.115%
- −$25
- Slippage, 4 orders
- −$183.08
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$230.07
- Costs to cover
- 2.051%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 10 min ago; Binance: live order book, 42 min ago.
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 Bitget live order book, 10 min ago | 3.52 bp | 27.7 bp −$28 | 69.9 bp −$699 | doesn't fit | doesn't fit |
| Sell Binance live order book, 42 min ago | 10.60 bp | 58.8 bp −$59 | 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 | −0.0085% | 4h | 28.378 | +0.065% | $9K | $269K | 10x | as long as short |
| Binance APLDUSDTshort | 0.0000% | 8h | 28.322 | −0.135% | $91K | $715K | 20x | |
| Bybit APLDUSDT | 0.0000% | 8h | 28.360 | 0.000% | $118K | $140K | 25x | as long as short |
| OKX APLD-USDT-SWAP | 0.0000% | 8h | 28.380 | +0.071% | $82K | $43K | 10x | as long as short |
| Gate APLD_USDT | 0.0000% | 8h | 28.370 | +0.035% | $5K | $3K | 20x | as long as short |
| Bitget APLDUSDTlong | 0.0000% | 8h | 28.360 | long leg | $163K | $319K | 20x | |
| HTX APLD-USDT | 0.0000% | 8h | 28.360 | 0.000% | $7K | $307K | 10x | as long as short |
| Phemex APLDUSDT | 0.0000% | 8h | 28.310 | −0.176% | $30K | $58K | 10x | as long as short |
| BloFin APLD-USDT | +0.0018% | 8h | 28.330 | −0.106% | $50K | $3K | 20x | as long as short |
| KuCoin APLDUSDTM | +0.0035% | 8h | 28.350 | −0.035% | $78K | $722K | 10x | as long as short |
edgeX APLDUSDC
Bybit APLDUSDT
OKX APLD-USDT-SWAP
Gate APLD_USDT
HTX APLD-USDT
Phemex APLDUSDT
BloFin APLD-USDT
KuCoin APLDUSDTM