Settings8H · net · $10k
Funding arb · Price arb /

APLD

RWAall APLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0028%/8h= −3.1% APRnext payment $0.28 per $10,000 · paid last 24h −0.022%
Price spread now: Bitget against KuCoin−0.106%7-day average −0.015% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.078%+$8 on $10k
Price spread, last 4 days (all we have)+0.094%+$9 · spread now −0.106%, 7d avg −0.015%
Together, before fees+0.171%+$17 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bitget is 0.091% cheaper against KuCoin than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.015%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.078%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin APLDUSDTM28.3000.0028pay 0.0028% / 8h6h 43m$79K$722K10x
ShortBitget APLDUSDT28.2700get 0.0000% / 8h6h 43m$154K$318K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against KuCoin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$5.88
Price spread: −0.106% → −0.015%
−$9.06
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$38.94
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 71 min ago; Bitget: live order book, 17 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 71 min ago10.57 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 17 min ago3.52 bp14.8 bp −$15387.6 bp −$3,876doesn't fitdoesn't fit

APLD on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX APLDUSDC−0.0026%4h28.286−0.048%$8K$270K10xas long as short
Binance APLDUSDT0.0000%8h28.284−0.056%$91K$715K20xas long as short
Bybit APLDUSDT0.0000%8h28.320+0.071%$118K$141K25xas long as short
OKX APLD-USDT-SWAP0.0000%8h28.340+0.141%$82K$43K10xas long as short
Gate APLD_USDT0.0000%8h28.270−0.106%$5K$4K20xas long as short
Bitget APLDUSDTshort0.0000%8h28.270−0.106%$154K$318K20x
HTX APLD-USDT0.0000%8h28.310+0.035%$7K$306K10xas long as short
Phemex APLDUSDT0.0000%8h28.270−0.106%$30K$58K10xas long as short
BloFin APLD-USDT+0.0007%8h28.330+0.106%$50K$3K20xas long as short
KuCoin APLDUSDTMlong+0.0028%8h28.300long leg$79K$722K10x