Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.022%
Price spread now: Bybit against KuCoin−0.071%7-day average +0.009% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.018%+$2 on $10k
+Price spread, last 4 days (all we have)−0.194%−$19 · spread now −0.071%, 7d avg +0.009%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bybit is 0.080% cheaper against KuCoin than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.009%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin APLDUSDTM | 28.260 | 0.0100 | pay 0.0100% / 8h | 3h 23m | $82K | $655K | 10x |
| Short | Bybit APLDUSDT | 28.240 | 0 | get 0.0000% / 8h | 3h 23m | $118K | $138K | 25x |
KuCoin APLDUSDTM
Bybit APLDUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$21
- Price spread: −0.071% → +0.009%
- −$8.01
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$52.01
- Costs to cover
- 0.230%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 51 min ago; Bybit: live order book, 12 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, 51 min ago | 8.82 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 12 min ago | 3.54 bp | 95.0 bp −$95 | 216.5 bp −$2,165 | doesn't fit | doesn't fit |
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 APLDUSDC | −0.0052% | 4h | 28.264 | +0.013% | $8K | $268K | 10x | as long as short |
| BloFin APLD-USDT | −0.0024% | 8h | 28.170 | −0.318% | $50K | $3K | 20x | as long as short |
| Binance APLDUSDT | 0.0000% | 8h | 28.196 | −0.228% | $94K | $703K | 20x | as long as short |
| Bybit APLDUSDTshort | 0.0000% | 8h | 28.240 | −0.071% | $118K | $138K | 25x | |
| OKX APLD-USDT-SWAP | 0.0000% | 8h | 28.250 | −0.035% | $81K | $42K | 10x | as long as short |
| Gate APLD_USDT | 0.0000% | 8h | 28.210 | −0.177% | $4K | $4K | 20x | as long as short |
| Bitget APLDUSDT | 0.0000% | 8h | 28.270 | +0.035% | $153K | $302K | 20x | as long as short |
| HTX APLD-USDT | 0.0000% | 8h | 28.270 | +0.035% | $7K | $298K | 10x | as long as short |
| Phemex APLDUSDT | 0.0000% | 8h | 28.190 | −0.248% | $31K | $57K | 10x | as long as short |
| KuCoin APLDUSDTMlong | +0.0100% | 8h | 28.260 | long leg | $82K | $655K | 10x |
edgeX APLDUSDC
BloFin APLD-USDT
Binance APLDUSDT
OKX APLD-USDT-SWAP
Gate APLD_USDT
Bitget APLDUSDT
HTX APLD-USDT
Phemex APLDUSDT