Funding you earn now, next payment 12:00 UTC+0.0709%/8h= +77.7% APRpaid last 24h −0.012%
Price spread now: Phemex against edgeX−0.386%78s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. Phemex is 0.386% cheaper against edgeX than usual: you would sell low and buy high (spread −0.386% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$39 on $10k: about 43 hours of funding at the current rate (+$21 a day). The two prices were read 78 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 | edgeX APLDUSDC | 27.767 | −0.0709 | get 0.0355% / 4h | 3h 32m | $8K | $268K | 10x |
| Short | Phemex APLDUSDT | 27.660 | 0 | get 0.0000% / 8h | 7h 32m | $32K | $55K | 10x |
edgeX APLDUSDC
Phemex APLDUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- $148.97
- Price spread: −0.386% → 0.000%
- −$38.56
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- $89.4
- Costs to cover
- 0.210%
- Break-even
- 2.8 days
Slippage unknown: edgeX: live order book, just now; 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 edgeX live order book, just now | 16.23 bp | 23.6 bp −$24 | doesn't fit | 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 APLDUSDClong | −0.0709% | 4h | 27.767 | long leg | $8K | $268K | 10x | |
| KuCoin APLDUSDTM | −0.0201% | 8h | 27.670 | −0.350% | $74K | $699K | 10x | as long as short |
| Binance APLDUSDT | 0.0000% | 8h | 27.660 | −0.386% | $88K | $675K | 20x | as long as short |
| Bybit APLDUSDT | 0.0000% | 8h | 27.680 | −0.314% | $131K | $155K | 25x | as long as short |
| OKX APLD-USDT-SWAP | 0.0000% | 8h | 27.760 | −0.025% | $80K | $46K | 10x | as long as short |
| Gate APLD_USDT | 0.0000% | 8h | 27.710 | −0.206% | $4K | $3K | 20x | as long as short |
| Bitget APLDUSDT | 0.0000% | 8h | 27.670 | −0.350% | $139K | $283K | 20x | as long as short |
| HTX APLD-USDT | 0.0000% | 8h | 27.690 | −0.278% | $7K | $294K | 10x | as long as short |
| Phemex APLDUSDTshort | 0.0000% | 8h | 27.660 | −0.386% | $32K | $55K | 10x | |
| BloFin APLD-USDT | +0.0004% | 8h | 27.710 | −0.206% | $50K | $3K | 20x | as long as short |
KuCoin APLDUSDTM
Binance APLDUSDT
Bybit APLDUSDT
OKX APLD-USDT-SWAP
Gate APLD_USDT
Bitget APLDUSDT
HTX APLD-USDT
BloFin APLD-USDT