Funding you earn now, next payment 08:00 UTC−0.0055%/8h= −6.0% APRnext payment −$0.55 per $10,000 · paid last 24h −0.022%
Price spread now: Binance against KuCoin−0.318%7-day average +0.067% · 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)+0.108%+$11 on $10k
+Price spread, last 2 days (all we have)+0.574%+$57 · spread now −0.318%, 7d avg +0.067%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Binance is 0.384% cheaper against KuCoin than usual: you would sell low and buy high (−$38 if the spread goes back to its 7-day average of +0.067%). Swap the legs. Mind the row above: over the last 4 days funding on this pair paid +0.108%, 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 | KuCoin APLDUSDTM | 28.330 | 0.0055 | pay 0.0055% / 8h | 6h 15m | $84K | $729K | 10x |
| Short | Binance APLDUSDT | 28.240 | 0 | get 0.0000% / 8h | 6h 15m | $91K | $715K | 20x |
KuCoin APLDUSDTM
Binance APLDUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against KuCoin. 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
- −$11.55
- Price spread: −0.318% → +0.067%
- −$38.44
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$71.99
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 23 min ago; Binance: live order book, 1 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 KuCoin live order book, 23 min ago | 5.31 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 1 min ago | 8.85 bp | 60.9 bp −$61 | doesn't fit | doesn't fit | doesn't fit |
APLD on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance APLDUSDTshort | 0.0000% | 8h | 28.240 | −0.318% | $91K | $715K | 20x | |
| Bybit APLDUSDT | 0.0000% | 8h | 28.270 | −0.212% | $118K | $141K | 25x | as long as short |
| OKX APLD-USDT-SWAP | 0.0000% | 8h | 28.320 | −0.035% | $82K | $43K | 10x | as long as short |
| Gate APLD_USDT | 0.0000% | 8h | 28.240 | −0.318% | $4K | $4K | 20x | as long as short |
| Bitget APLDUSDT | 0.0000% | 8h | 28.300 | −0.106% | $154K | $323K | 20x | as long as short |
| HTX APLD-USDT | 0.0000% | 8h | 28.290 | −0.141% | $7K | $305K | 10x | as long as short |
| Phemex APLDUSDT | 0.0000% | 8h | 28.240 | −0.318% | $30K | $58K | 10x | as long as short |
| KuCoin APLDUSDTMlong | +0.0055% | 8h | 28.330 | long leg | $84K | $729K | 10x | |
| edgeX APLDUSDC | +0.0717% | 4h | 28.280 | −0.177% | $8K | $269K | 10x | as long as short |
Bybit APLDUSDT
OKX APLD-USDT-SWAP
Gate APLD_USDT
Bitget APLDUSDT
HTX APLD-USDT
Phemex APLDUSDT
edgeX APLDUSDC