Funding you earn now, next payment 00:00 UTC−0.0106%/8h= −11.6% APRnext payment −$1.06 per $10,000 · paid last 24h +0.037%
Price spread now: KuCoin against Bitget−0.035%7-day average +0.017% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.063%−$6 on $10k
+Price spread, last 4 days (all we have)+0.060%+$6 · spread now −0.035%, 7d avg +0.017%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and KuCoin is 0.052% cheaper against Bitget than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.017%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget APLDUSDT | 28.200 | 0 | get 0.0000% / 8h | 1h 16m | $157K | $442K | 20x |
| Short | KuCoin APLDUSDTM | 28.190 | −0.0106 | pay 0.0106% / 8h | 1h 16m | $80K | $750K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$22.26
- Price spread: −0.035% → +0.017%
- −$5.23
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$51.49
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: Bitget: live order book, 59 min ago; KuCoin: live order book, 57 min ago. 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 Bitget live order book, 59 min ago | 5.30 bp | 22.0 bp −$22 | 70.1 bp −$701 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 57 min ago | 7.08 bp | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin APLDUSDTMshort | −0.0106% | 8h | 28.190 | −0.035% | $80K | $750K | 10x | |
| BloFin APLD-USDT | −0.0013% | 8h | 28.210 | +0.035% | $50K | $3K | 20x | as long as short |
| Binance APLDUSDT | 0.0000% | 8h | 28.179 | −0.073% | $91K | $726K | 20x | as long as short |
| Bybit APLDUSDT | 0.0000% | 8h | 28.230 | +0.106% | $118K | $146K | 25x | as long as short |
| OKX APLD-USDT-SWAP | 0.0000% | 8h | 28.270 | +0.248% | $82K | $44K | 10x | as long as short |
| Gate APLD_USDT | 0.0000% | 8h | 28.230 | +0.106% | $5K | $4K | 20x | as long as short |
| Bitget APLDUSDTlong | 0.0000% | 8h | 28.200 | long leg | $157K | $442K | 20x | |
| HTX APLD-USDT | 0.0000% | 8h | 28.240 | +0.142% | $7K | $313K | 10x | as long as short |
| Phemex APLDUSDT | 0.0000% | 8h | 28.200 | 0.000% | $29K | $58K | 10x | as long as short |
| edgeX APLDUSDC | +0.0328% | 4h | 28.218 | +0.063% | $8K | $269K | 10x | as long as short |
Bitget APLDUSDT
KuCoin APLDUSDTM
BloFin APLD-USDT
Binance APLDUSDT
Bybit APLDUSDT
OKX APLD-USDT-SWAP
Gate APLD_USDT
HTX APLD-USDT
Phemex APLDUSDT
edgeX APLDUSDC