Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bybit−0.101%7-day average +0.018% · 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−$380as in the Price arb table
costs, in and out, $10k−$3693.686% of the position
Funding, last 4 days (all we have)0.000%$0 on $10k
+Price spread, last 2 days (all we have)+0.382%+$38 · spread now −0.101%, 7d avg +0.018%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.119% cheaper against Bybit than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of +0.018%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit APLDUSDT | 28.190 | 0 | get 0.0000% / 8h | 4h 51m | $114K | $192K | 25x |
| Short | Binance APLDUSDT | 28.162 | 0 | get 0.0000% / 8h | 4h 51m | $89K | $633K | 20x |
Bybit APLDUSDT
Binance APLDUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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: −0.101% → +0.018%
- −$11.88
- Slippage, 4 orders
- −$347.56
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$380.44
- Costs to cover
- 3.686%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 46 min ago; Binance: live order book, 34 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 Bybit live order book, 46 min ago | 7.10 bp | 100.6 bp −$101 | 223.1 bp −$2,231 | doesn't fit | doesn't fit |
| Sell Binance live order book, 34 min ago | 5.34 bp | 71.1 bp −$71 | doesn't fit | doesn't fit | doesn't fit |
APLD on 10 exchanges
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 | −0.0618% | 4h | 28.177 | −0.045% | $8K | $267K | 10x | as long as short |
| Binance APLDUSDTshort | 0.0000% | 8h | 28.162 | −0.101% | $89K | $633K | 20x | |
| Bybit APLDUSDTlong | 0.0000% | 8h | 28.190 | long leg | $114K | $192K | 25x | |
| OKX APLD-USDT-SWAP | 0.0000% | 8h | 28.170 | −0.071% | $80K | $48K | 10x | as long as short |
| Gate APLD_USDT | 0.0000% | 8h | 28.160 | −0.106% | $4K | $4K | 20x | as long as short |
| Bitget APLDUSDT | 0.0000% | 8h | 28.150 | −0.142% | $137K | $257K | 20x | as long as short |
| HTX APLD-USDT | 0.0000% | 8h | 28.200 | +0.035% | $7K | $289K | 10x | as long as short |
| Phemex APLDUSDT | 0.0000% | 8h | 28.130 | −0.213% | $33K | $50K | 10x | as long as short |
| BloFin APLD-USDT | 0.0000% | 8h | 28.130 | −0.213% | $51K | $3K | 20x | as long as short |
| KuCoin APLDUSDTM | +0.0010% | 8h | 28.150 | −0.142% | $79K | $842K | 10x | as long as short |
edgeX APLDUSDC
OKX APLD-USDT-SWAP
Gate APLD_USDT
Bitget APLDUSDT
HTX APLD-USDT
Phemex APLDUSDT
BloFin APLD-USDT
KuCoin APLDUSDTM