Funding you earn now, next payment 08:00 UTC+0.0453%/8h= +49.6% APRpaid last 24h +0.035%
Price spread now: OKX against edgeX−0.091%111s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.274%+$27 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. OKX is 0.091% cheaper against edgeX than usual: you would sell low and buy high (spread −0.091% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 16 hours of funding at the current rate (+$14 a day). At the pace of the last 7 days (+0.274% in total) that is about 2.3 days. The two prices were read 111 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 0.274% in total (about 14.3% 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 | 28.076 | −0.0453 | get 0.0226% / 4h | 2h 29m | $8K | $270K | 10x |
| Short | OKX APLD-USDT-SWAP | 28.050 | 0 | get 0.0000% / 8h | 2h 29m | $81K | $45K | 10x |
edgeX APLDUSDC
OKX APLD-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $95.1
- Price spread: −0.091% → 0.000%
- −$9.09
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $67.01
- Costs to cover
- 0.190%
- Break-even
- 2.1 days
Slippage unknown: edgeX: live order book, 18 min ago; OKX: 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 edgeX live order book, 18 min ago | 14.22 bp | 21.2 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX no order-book sample | — | — | — | — | — |
OKX: 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 APLDUSDClong | −0.0453% | 4h | 28.076 | long leg | $8K | $270K | 10x | |
| Binance APLDUSDT | 0.0000% | 8h | 27.997 | −0.281% | $93K | $687K | 20x | as long as short |
| Bybit APLDUSDT | 0.0000% | 8h | 28.030 | −0.162% | $120K | $140K | 25x | as long as short |
| OKX APLD-USDT-SWAPshort | 0.0000% | 8h | 28.050 | −0.091% | $81K | $45K | 10x | |
| Gate APLD_USDT | 0.0000% | 8h | 28.090 | +0.052% | $4K | $4K | 20x | as long as short |
| Bitget APLDUSDT | 0.0000% | 8h | 28.090 | +0.052% | $152K | $290K | 20x | as long as short |
| HTX APLD-USDT | 0.0000% | 8h | 28.020 | −0.198% | $6K | $296K | 10x | as long as short |
| Phemex APLDUSDT | 0.0000% | 8h | 27.990 | −0.305% | $31K | $56K | 10x | as long as short |
| BloFin APLD-USDT | +0.0019% | 8h | 28.040 | −0.126% | $50K | $3K | 20x | as long as short |
| KuCoin APLDUSDTM | +0.0100% | 8h | 28.050 | −0.091% | $81K | $642K | 10x | as long as short |
Binance APLDUSDT
Bybit APLDUSDT
Gate APLD_USDT
Bitget APLDUSDT
HTX APLD-USDT
Phemex APLDUSDT
BloFin APLD-USDT
KuCoin APLDUSDTM