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

APLD

RWAall APLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0061%/8h= −6.7% APRnext payment $0.61 per $10,000 · paid last 24h +0.038%
Price spread now: KuCoin against BloFin+0.284%95s7-day average · you sell dearer than you buy
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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. KuCoin is 0.284% dearer against BloFin than usual: you sell high and buy low (spread +0.284% now, against zero (this spread has no 7-day history yet)): +$28 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 15 days. The two prices were read 95 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin APLD-USDT28.200−0.0009get 0.0009% / 8h15m 40s$50K$3K20x
ShortKuCoin APLDUSDTM28.280−0.0070pay 0.0070% / 8h15m 40s$80K$739K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against BloFin. 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
−$12.91
Price spread: +0.284% → 0.000%
$28.37
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$8.54
Costs to cover
0.240%
Break-even
from the start
Slippage unknown: BloFin: no order-book sample; KuCoin: live order book, 48 min ago. 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 BloFin no order-book sample
Sell KuCoin live order book, 48 min ago10.64 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
BloFin: 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
KuCoin APLDUSDTMshort−0.0070%8h28.280+0.284%$80K$739K10x
BloFin APLD-USDTlong−0.0009%8h28.200long leg$50K$3K20x
Binance APLDUSDT0.0000%8h28.250+0.177%$91K$730K20xas long as short
Bybit APLDUSDT0.0000%8h28.310+0.390%$119K$144K25xas long as short
OKX APLD-USDT-SWAP0.0000%8h28.320+0.426%$82K$44K10xas long as short
Gate APLD_USDT0.0000%8h28.280+0.284%$5K$4K20xas long as short
Bitget APLDUSDT0.0000%8h28.280+0.284%$158K$442K20xas long as short
HTX APLD-USDT0.0000%8h28.280+0.284%$7K$311K10xas long as short
Phemex APLDUSDT0.0000%8h28.250+0.177%$30K$59K10xas long as short
edgeX APLDUSDC+0.0804%4h28.293+0.330%$8K$270K10xas long as short