Funding you earn now, next payment 08:00 UTC+0.0029%/8h= +3.2% APRnext payment +$0.29 per $10,000 · paid last 24h +0.003%
Price spread now: Phemex against BloFin+0.360%59s7-day average — · you sell dearer than you buy
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
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Phemex is 0.360% dearer against BloFin than usual: you sell high and buy low: +$36 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 59 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 | BloFin APLD-USDT | 27.810 | −0.0029 | get 0.0029% / 8h | 16m 06s | $50K | $3K | 20x |
| Short | Phemex APLDUSDT | 27.910 | 0 | get 0.0000% / 8h | 16m 06s | $31K | $54K | 10x |
BloFin APLD-USDT
Phemex APLDUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against BloFin. 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
- $6.15
- Price spread: +0.360% → 0.000%
- $35.96
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- $18.11
- Costs to cover
- 0.240%
- Break-even
- from the start
Slippage unknown: BloFin: no order-book sample; 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 BloFin no order-book sample | — | — | — | — | — |
| Sell Phemex no order-book sample | — | — | — | — | — |
BloFin and 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin APLDUSDTM | −0.0159% | 8h | 27.890 | +0.288% | $80K | $656K | 10x | as long as short |
| BloFin APLD-USDTlong | −0.0029% | 8h | 27.810 | long leg | $50K | $3K | 20x | |
| Binance APLDUSDT | 0.0000% | 8h | 27.900 | +0.324% | $91K | $672K | 20x | as long as short |
| Bybit APLDUSDT | 0.0000% | 8h | 27.970 | +0.575% | $120K | $139K | 25x | as long as short |
| OKX APLD-USDT-SWAP | 0.0000% | 8h | 27.930 | +0.431% | $80K | $45K | 10x | as long as short |
| Gate APLD_USDT | 0.0000% | 8h | 27.970 | +0.575% | $4K | $3K | 20x | as long as short |
| Bitget APLDUSDT | 0.0000% | 8h | 27.980 | +0.611% | $139K | $290K | 20x | as long as short |
| HTX APLD-USDT | 0.0000% | 8h | 28.010 | +0.719% | $7K | $295K | 10x | as long as short |
| Phemex APLDUSDTshort | 0.0000% | 8h | 27.910 | +0.360% | $31K | $54K | 10x | |
| edgeX APLDUSDC | +0.0425% | 4h | 27.951 | +0.506% | $8K | $269K | 10x | as long as short |
KuCoin APLDUSDTM
Binance APLDUSDT
Bybit APLDUSDT
OKX APLD-USDT-SWAP
Gate APLD_USDT
Bitget APLDUSDT
HTX APLD-USDT
edgeX APLDUSDC