Funding you earn now, next payment 00:00 UTC−0.0073%/8h= −8.0% APRnext payment −$0.73 per $10,000 · paid last 24h +0.037%
Price spread now: KuCoin against Bybit−0.106%7-day average −0.013% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.003%$0 on $10k
+Price spread, last 4 days (all we have)+0.314%+$31 · spread now −0.106%, 7d avg −0.013%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and KuCoin is 0.093% cheaper against Bybit than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.013%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit APLDUSDT | 28.300 | 0 | get 0.0000% / 8h | 17m 43s | $119K | $144K | 25x |
| Short | KuCoin APLDUSDTM | 28.270 | −0.0073 | pay 0.0073% / 8h | 17m 43s | $79K | $737K | 10x |
Bybit APLDUSDT
KuCoin APLDUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$15.33
- Price spread: −0.106% → −0.013%
- −$9.31
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$47.64
- Costs to cover
- 0.230%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 42 min ago; KuCoin: live order book, 46 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 Bybit live order book, 42 min ago | 14.16 bp | 132.8 bp −$133 | 237.7 bp −$2,377 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 46 min ago | 10.64 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 | −0.0073% | 8h | 28.270 | −0.106% | $79K | $737K | 10x | |
| BloFin APLD-USDT | −0.0006% | 8h | 28.200 | −0.353% | $50K | $3K | 20x | as long as short |
| Binance APLDUSDT | 0.0000% | 8h | 28.250 | −0.177% | $91K | $730K | 20x | as long as short |
| Bybit APLDUSDTlong | 0.0000% | 8h | 28.300 | long leg | $119K | $144K | 25x | |
| OKX APLD-USDT-SWAP | 0.0000% | 8h | 28.320 | +0.071% | $82K | $44K | 10x | as long as short |
| Gate APLD_USDT | 0.0000% | 8h | 28.280 | −0.071% | $5K | $4K | 20x | as long as short |
| Bitget APLDUSDT | 0.0000% | 8h | 28.280 | −0.071% | $158K | $442K | 20x | as long as short |
| HTX APLD-USDT | 0.0000% | 8h | 28.290 | −0.035% | $7K | $311K | 10x | as long as short |
| Phemex APLDUSDT | 0.0000% | 8h | 28.250 | −0.177% | $30K | $59K | 10x | as long as short |
| edgeX APLDUSDC | +0.0459% | 4h | 28.285 | −0.053% | $8K | $269K | 10x | as long as short |
BloFin APLD-USDT
Binance APLDUSDT
OKX APLD-USDT-SWAP
Gate APLD_USDT
Bitget APLDUSDT
HTX APLD-USDT
Phemex APLDUSDT
edgeX APLDUSDC