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−0.0055%/8h= −6.0% APRnext payment $0.55 per $10,000 · paid last 24h −0.022%
Price spread now: Gate against KuCoin−0.318%7-day average · 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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Gate is 0.318% cheaper against KuCoin than usual: you would sell low and buy high (−$32 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin APLDUSDTM28.3300.0055pay 0.0055% / 8h6h 15m$84K$729K10x
ShortGate APLD_USDT28.2400get 0.0000% / 8h6h 15m$4K$4K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
−$11.55
Price spread: −0.318% → 0.000%
−$31.77
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$70.32
Costs to cover
0.270%
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 23 min ago; Gate: 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
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 23 min ago5.31 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Gate no order-book sample
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 9 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
Binance APLDUSDT0.0000%8h28.240−0.318%$91K$715K20xas long as short
Bybit APLDUSDT0.0000%8h28.270−0.212%$118K$141K25xas long as short
OKX APLD-USDT-SWAP0.0000%8h28.320−0.035%$82K$43K10xas long as short
Gate APLD_USDTshort0.0000%8h28.240−0.318%$4K$4K20x
Bitget APLDUSDT0.0000%8h28.300−0.106%$154K$323K20xas long as short
HTX APLD-USDT0.0000%8h28.290−0.141%$7K$305K10xas long as short
Phemex APLDUSDT0.0000%8h28.240−0.318%$30K$58K10xas long as short
KuCoin APLDUSDTMlong+0.0055%8h28.330long leg$84K$729K10x
edgeX APLDUSDC+0.0717%4h28.280−0.177%$8K$269K10xas long as short