Funding you earn now, next payment 16:00 UTC−0.0194%/8h= −21.2% APRnext payment −$1.94 per $10,000 · paid last 24h −0.009%
Price spread now: KuCoin against Gate−0.181%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 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
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and KuCoin is 0.181% cheaper against Gate than usual: you would sell low and buy high (−$18 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate APLD_USDT | 27.610 | 0 | get 0.0000% / 8h | 7h 29m | $4K | $3K | 20x |
| Short | KuCoin APLDUSDTM | 27.560 | −0.0194 | pay 0.0194% / 8h | 7h 29m | $73K | $703K | 10x |
Gate APLD_USDT
KuCoin APLDUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Gate. 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
- −$40.74
- Price spread: −0.181% → 0.000%
- −$18.11
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$85.85
- Costs to cover
- 0.270%
- Break-even
- never at this rate
Slippage unknown: Gate: no order-book sample; KuCoin: live order book, 15 min ago. 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 Gate no order-book sample | — | — | — | — | — |
| Sell KuCoin live order book, 15 min ago | 7.21 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
Gate: 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin APLDUSDTMshort | −0.0194% | 8h | 27.560 | −0.181% | $73K | $703K | 10x | |
| edgeX APLDUSDC | −0.0114% | 4h | 27.705 | +0.344% | $8K | $269K | 10x | as long as short |
| Binance APLDUSDT | 0.0000% | 8h | 27.546 | −0.231% | $87K | $676K | 20x | as long as short |
| Bybit APLDUSDT | 0.0000% | 8h | 27.580 | −0.109% | $115K | $173K | 25x | as long as short |
| OKX APLD-USDT-SWAP | 0.0000% | 8h | 27.650 | +0.145% | $79K | $47K | 10x | as long as short |
| Gate APLD_USDTlong | 0.0000% | 8h | 27.610 | long leg | $4K | $3K | 20x | |
| Bitget APLDUSDT | 0.0000% | 8h | 27.560 | −0.181% | $133K | $283K | 20x | as long as short |
| HTX APLD-USDT | 0.0000% | 8h | 27.620 | +0.036% | $7K | $294K | 10x | as long as short |
| Phemex APLDUSDT | 0.0000% | 8h | 27.540 | −0.254% | $32K | $55K | 10x | as long as short |
| BloFin APLD-USDT | +0.0005% | 8h | 27.550 | −0.217% | $50K | $3K | 20x | as long as short |
edgeX APLDUSDC
Binance APLDUSDT
Bybit APLDUSDT
OKX APLD-USDT-SWAP
Bitget APLDUSDT
HTX APLD-USDT
Phemex APLDUSDT
BloFin APLD-USDT