Settings8H · net · $10k
LanguageThe language of the site
ThemeDark, or a soft blue-grey
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG23.59000.0000% / 8h2h 33m$338K$35K10xLong Phemex
SHORT23.600+0.0050get 0.0050% / 8h2h 33m$980K$1.6M—Short BingX
Price gap+0.042%
Funding gap+0.0050% /8h

Both sides work: funding pays +$2 a day on $10k, and the gap is 0.028% above its 7d average: +$3 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$59+0.0050% /8h now · paid +0.586% over the last 7D
Price+$3spread +0.042% now, avg +0.015% → +0.028% if it goes back
Costs−$1381.385% of $10k · taker + slippage, in and out

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.042%
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 size62.1 / 17.6 bp
    At $10k entering Phemex costs 62.1 bp, fee and slippage, 3.5× BingX’s.
  • Note: Margin at max leverage$1,000 + —
    Phemex 10x, 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: +$1.50Long Phemex: 3 payments, $0.00; short BingX: 3 payments, +$1.50.
  • OK: Entry gap works for you+0.042% vs +0.015%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Long leg is thinner$338K vs $980K OI
    Phemex sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCPhemex Yes · BingX Yes
    KYC unlocks spot and futures trading; an unverified account cannot withdraw at all.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0279%/8h × 21 periods+$58.59
Price spread+0.042% → +0.015% (7d avg)+$2.77
Slippage, 4 orderslive order books−$116.48
Fee Phemex bp × 2 orders−$12.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$77.11
Costs to cover1.385%Break-even16.2 days
Slippage: Phemex: live order book, 6 min ago; BingX: live order book, 12 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGPhemex6.3462.1 bp−$62doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBingX2.1117.6 bp−$18123.1 bp−$1,231663.1 bp−$66.3K1076.4 bp−$538.2K

Closing costs about the same again.

Alert

APLD news

posts that mention APLD, from every exchangeSearch all news →
10-09 01:20BitgetOther$APLD just dropped earnings with a strong revenue beat. Check the key levels to watch for the next move 👇 @bitget on X ↗
10-03 11:45BackpackOtherEarnings & 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 11:40BackpackOtherEarnings & 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 13:38PhemexListingSeven 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 11:07PhemexListingNew TradFi Futures listings are now LIVE with up to 10x leverage: 🟢 $AGPU / $APLD / $HUT / $ANET / $CYPH / $AMC / $PATH 👇 Trade directly with USDT on Phemex TradFi Futures @Phemex_official on X ↗
09-20 08:12PhemexListingnew market APLDUSDT ($APLD) seen by our collector