Funding you earn now, next payment 08:00 UTC−0.0309%/8h= −33.8% APRpaid last 24h +0.035%
Price spread now: Binance against edgeX−0.207%7-day average +0.007% · 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−$255as in the Price arb table
costs, in and out, $10k−$2342.340% of the position
Funding, last 4 days (all we have)+0.323%+$32 on $10k
+Price spread, last 2 days (all we have)+0.423%+$42 · spread now −0.207%, 7d avg +0.007%
=Together, before fees+0.746%+ Points / potential airdropedgeX: Active · farm board+$75 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Binance is 0.214% cheaper against edgeX than usual: you would sell low and buy high (−$21 if the spread goes back to its 7-day average of +0.007%). Swap the legs. Mind the row above: over the last 4 days funding on this pair paid +0.323%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX APLDUSDC | 27.918 | 0.0309 | pay 0.0155% / 4h | 22m 56s | $8K | $268K | 10x |
| Short | Binance APLDUSDT | 27.860 | 0 | get 0.0000% / 8h | 22m 56s | $91K | $670K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against edgeX. 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
- −$64.9
- Price spread: −0.207% → +0.007%
- −$21.36
- Slippage, 4 orders
- −$214.95
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$320.22
- Costs to cover
- 2.340%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 15 min ago; Binance: live order book, 54 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 edgeX live order book, 15 min ago | 14.30 bp | 20.8 bp −$21 | 98.7 bp −$987 | doesn't fit | doesn't fit |
| Sell Binance live order book, 54 min ago | 12.53 bp | 65.2 bp −$65 | 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 APLDUSDTM | −0.0097% | 8h | 27.880 | −0.135% | $80K | $654K | 10x | as long as short |
| BloFin APLD-USDT | −0.0015% | 8h | 27.840 | −0.278% | $50K | $3K | 20x | as long as short |
| Binance APLDUSDTshort | 0.0000% | 8h | 27.860 | −0.207% | $91K | $670K | 20x | |
| Bybit APLDUSDT | 0.0000% | 8h | 27.960 | +0.151% | $120K | $139K | 25x | as long as short |
| OKX APLD-USDT-SWAP | 0.0000% | 8h | 27.970 | +0.187% | $80K | $45K | 10x | as long as short |
| Gate APLD_USDT | 0.0000% | 8h | 27.940 | +0.080% | $4K | $3K | 20x | as long as short |
| Bitget APLDUSDT | 0.0000% | 8h | 27.920 | +0.008% | $139K | $288K | 20x | as long as short |
| HTX APLD-USDT | 0.0000% | 8h | 27.950 | +0.116% | $7K | $295K | 10x | as long as short |
| Phemex APLDUSDT | 0.0000% | 8h | 27.830 | −0.314% | $31K | $54K | 10x | as long as short |
| edgeX APLDUSDClong | +0.0309% | 4h | 27.918 | long leg | $8K | $268K | 10x |
edgeX APLDUSDC
Binance APLDUSDT
KuCoin APLDUSDTM
BloFin APLD-USDT
Bybit APLDUSDT
OKX APLD-USDT-SWAP
Gate APLD_USDT
Bitget APLDUSDT
HTX APLD-USDT
Phemex APLDUSDT