Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Phemex against Bybit−0.035%53s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 2 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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.035% cheaper against Bybit than usual: you would sell low and buy high, −$4 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 53 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 | Bybit APLDUSDT | 28.330 | 0 | get 0.0000% / 8h | 6h 45m | $118K | $141K | 25x |
| Short | Phemex APLDUSDT | 28.320 | 0 | get 0.0000% / 8h | 6h 45m | $30K | $58K | 10x |
Bybit APLDUSDT
Phemex APLDUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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: −0.035% → 0.000%
- −$3.53
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$26.53
- Costs to cover
- 0.230%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 4 min ago; 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 Bybit live order book, 4 min ago | 19.41 bp | 113.8 bp −$114 | 240.9 bp −$2,409 | doesn't fit | doesn't fit |
| Sell Phemex no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX APLDUSDC | −0.0026% | 4h | 28.286 | −0.154% | $8K | $270K | 10x | as long as short |
| Binance APLDUSDT | 0.0000% | 8h | 28.324 | −0.022% | $91K | $716K | 20x | as long as short |
| Bybit APLDUSDTlong | 0.0000% | 8h | 28.330 | long leg | $118K | $141K | 25x | |
| OKX APLD-USDT-SWAP | 0.0000% | 8h | 28.380 | +0.176% | $82K | $44K | 10x | as long as short |
| Gate APLD_USDT | 0.0000% | 8h | 28.290 | −0.141% | $5K | $4K | 20x | as long as short |
| Bitget APLDUSDT | 0.0000% | 8h | 28.290 | −0.141% | $163K | $318K | 20x | as long as short |
| HTX APLD-USDT | 0.0000% | 8h | 28.320 | −0.035% | $7K | $306K | 10x | as long as short |
| Phemex APLDUSDTshort | 0.0000% | 8h | 28.320 | −0.035% | $30K | $58K | 10x | |
| BloFin APLD-USDT | +0.0007% | 8h | 28.330 | 0.000% | $50K | $3K | 20x | as long as short |
| KuCoin APLDUSDTM | +0.0036% | 8h | 28.320 | −0.035% | $79K | $722K | 10x | as long as short |
edgeX APLDUSDC
Binance APLDUSDT
OKX APLD-USDT-SWAP
Gate APLD_USDT
Bitget APLDUSDT
HTX APLD-USDT
BloFin APLD-USDT
KuCoin APLDUSDTM