Funding you earn now, next payment 04:00 UTC+0.0901%/8h= +98.7% APRpaid last 24h +0.072%
Price spread now: Bitget against edgeX+0.076%94s7-day average −0.084% · you sell dearer than you buy
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$950.948% of the position
Funding, last 7 days+0.380%+$38 on $10k
+Price spread, last 3 days (all we have)−0.264%−$26 · spread now +0.076%, 7d avg −0.084%
=Together, before fees+0.116%+ Points / potential airdropedgeX: Active · farm board+$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$27 a day on $10k at the current rate, and Bitget is 0.160% dearer against edgeX than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of −0.084%. The two prices were read 94 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.380% in total (about 19.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX APLDUSDC | 28.318 | −0.0901 | get 0.0451% / 4h | 3h 51m | $8K | $268K | 10x |
| Short | Bitget APLDUSDT | 28.340 | 0 | get 0.0000% / 8h | 7h 51m | $164K | $341K | 20x |
edgeX APLDUSDC
Bitget APLDUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $189.27
- Price spread: +0.076% → −0.084%
- $16.02
- Slippage, 4 orders
- −$73.76
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $110.53
- Costs to cover
- 0.948%
- Break-even
- 2.9 days
Slippage from edgeX: live order book, 21 min ago; Bitget: live order book, 14 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, 21 min ago | 14.14 bp | 20.8 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 14 min ago | 5.30 bp | 28.1 bp −$28 | 65.1 bp −$651 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX APLDUSDClong | −0.0901% | 4h | 28.318 | long leg | $8K | $268K | 10x | |
| KuCoin APLDUSDTM | −0.0037% | 8h | 28.340 | +0.076% | $82K | $735K | 10x | as long as short |
| Binance APLDUSDT | 0.0000% | 8h | 28.302 | −0.058% | $91K | $720K | 20x | as long as short |
| Bybit APLDUSDT | 0.0000% | 8h | 28.360 | +0.147% | $119K | $141K | 25x | as long as short |
| OKX APLD-USDT-SWAP | 0.0000% | 8h | 28.410 | +0.323% | $82K | $43K | 10x | as long as short |
| Gate APLD_USDT | 0.0000% | 8h | 28.300 | −0.065% | $5K | $3K | 20x | as long as short |
| Bitget APLDUSDTshort | 0.0000% | 8h | 28.340 | +0.076% | $164K | $341K | 20x | |
| HTX APLD-USDT | 0.0000% | 8h | 28.310 | −0.030% | $7K | $311K | 10x | as long as short |
| Phemex APLDUSDT | 0.0000% | 8h | 28.310 | −0.030% | $30K | $58K | 10x | as long as short |
| BloFin APLD-USDT | +0.0019% | 8h | 28.340 | +0.076% | $50K | $3K | 20x | as long as short |
KuCoin APLDUSDTM
Binance APLDUSDT
Bybit APLDUSDT
OKX APLD-USDT-SWAP
Gate APLD_USDT
HTX APLD-USDT
Phemex APLDUSDT
BloFin APLD-USDT