APLD

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	MEXCAPLDSTOCK_USDT	25.300	+0.0535	pay 0.0535% / 8h	5h 52m	$382K	$101K	20x	Long MEXC
SHORT	BingXNCSKAPLD2USD-USDT	25.350	+0.0593	get 0.0593% / 8h	5h 52m	$980K	$1.6M	—	Short BingX

Price gap+0.198%

Funding gap+0.0058% /8h

Both sides work: funding pays +$2 a day on $10k, and the gap is 0.093% above its 7d average: +$9 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding+$30+0.0058% /8h now · paid +0.301% over the last 7D

Price+$9spread +0.198% now, avg +0.105% → +0.093% if it goes back

Costs−$640.644% of $10k · taker + slippage, in and out

Result−$25−0.25%no pointsWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now+0.198%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

APLD on 13 exchanges

lowest funding first

Before you open

2 ok · 3 to watch

Watch: Thin at this size30.4 / 7.7 bp
At $10k entering MEXC costs 30.4 bp, fee and slippage, 3.9× BingX’s.
Note: Margin at max leverage$500 + —
MEXC 20x, BingX —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval8h / 8h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: +$1.73Long MEXC: 3 payments, −$16.05; short BingX: 3 payments, +$17.78.
OK: Entry gap works for you+0.198% vs +0.105%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Long leg is thinner$382K vs $980K OI
MEXC sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCMEXC Yes · BingX Yes
KYC before trading since Feb 2026; unverified accounts see market data only.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0143%/8h × 21 periods+$30.06

Price spread+0.198% → +0.105% (7d avg)+$9.28

Slippage, 4 orderslive order books−$54.41

Fee MEXC bp × 2 orders$0.00

Fee BingX bp × 2 orders−$10.00

Net · 7 days · $10k−$25.07

Costs to cover0.644%Break-even12.8 days

Slippage: MEXC: live order book, 8 min ago; BingX: live order book, 15 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGMEXC9.8730.4 bp−$30139.2 bp−$1,392232.6 bp−$23.3K315.4 bp−$157.7K

SELL · SHORTBingX1.977.7 bp−$826.9 bp−$269503.5 bp−$50.4K973.2 bp−$486.6K

Closing costs about the same again.

APLD news

posts that mention APLD, from every exchangeSearch all news →

10-03 11:45	Backpack	Other	Earnings & macro events to watch for the week of Oct. 5. ▸ Earnings: $PEP $DAL $STZ $LEVI $APLD $PENG ▸ Macro: US ISM Services PMI, FOMC minutes Full market calendar → @Backpack on X ↗
10-03 11:40	Backpack	Other	Earnings & macro events to watch for the week of Oct. 5. ▸ Earnings: $PEP $DAL $STZ $LEVI $APLD $PENG ▸ Macro: US ISM Services PMI, FOMC minutes Full market calendar → @Backpack on X ↗
09-22 13:38	Phemex	Listing	Seven new US stock perpetuals. 10x leverage. One important catch: they launched before Monday’s cash session. $AGPU, $AMC, $ANET, $APLD, $CYPH, $HUT and $PATH are now live on Phemex. No expiry. USDT margin. Funding every 8 hours. Trade the names. Respect the first prints. 👇🏻 @Phemex_official on X ↗
09-20 11:07	Phemex	Listing	New TradFi Futures listings are now LIVE with up to 10x leverage: 🟢 $AGPU / $APLD / $HUT / $ANET / $CYPH / $AMC / $PATH 👇 Trade directly with USDT on Phemex TradFi Futures @Phemex_official on X ↗
09-20 08:12	Phemex	Listing	new market APLDUSDT ($APLD) seen by our collector
09-18 13:45	BloFin	Listing	BloFin Futures has listed the $APLD-USDT & $TLT-USDT Perpetual Contract 🔥 Trade and take advantage of: ✅ 0% Maker Fees ✅ 50% off Taker Fees @BloFin_Official on X ↗