Funding you earn now, next payment 16:00 UTC+0.0005%/8h= +0.6% APRnext payment +$0.05 per $10,000 · paid last 24h −0.003%
Price spread now: BloFin against Phemex+0.255%59s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.255% dearer against Phemex than usual: you sell high and buy low, +$25 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex APLDUSDT | 27.480 | 0 | get 0.0000% / 8h | 7h 28m | $32K | $55K | 10x |
| Short | BloFin APLD-USDT | 27.550 | 0.0005 | get 0.0005% / 8h | 7h 28m | $50K | $3K | 20x |
Phemex APLDUSDT
BloFin APLD-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Phemex. 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
- $1.12
- Price spread: +0.255% → 0.000%
- $25.47
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $2.59
- Costs to cover
- 0.240%
- Break-even
- from the start
Slippage unknown: Phemex: no order-book sample; BloFin: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Phemex no order-book sample | — | — | — | — | — |
| Sell BloFin no order-book sample | — | — | — | — | — |
Phemex and BloFin: 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 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin APLDUSDTM | −0.0192% | 8h | 27.560 | +0.291% | $71K | $705K | 10x | as long as short |
| edgeX APLDUSDC | −0.0114% | 4h | 27.705 | +0.819% | $8K | $269K | 10x | as long as short |
| Binance APLDUSDT | 0.0000% | 8h | 27.511 | +0.112% | $87K | $677K | 20x | as long as short |
| Bybit APLDUSDT | 0.0000% | 8h | 27.550 | +0.255% | $114K | $174K | 25x | as long as short |
| OKX APLD-USDT-SWAP | 0.0000% | 8h | 27.590 | +0.400% | $79K | $47K | 10x | as long as short |
| Gate APLD_USDT | 0.0000% | 8h | 27.580 | +0.364% | $4K | $3K | 20x | as long as short |
| Bitget APLDUSDT | 0.0000% | 8h | 27.560 | +0.291% | $127K | $289K | 20x | as long as short |
| HTX APLD-USDT | 0.0000% | 8h | 27.510 | +0.109% | $7K | $294K | 10x | as long as short |
| Phemex APLDUSDTlong | 0.0000% | 8h | 27.480 | long leg | $32K | $55K | 10x | |
| BloFin APLD-USDTshort | +0.0005% | 8h | 27.550 | +0.255% | $50K | $3K | 20x |
KuCoin APLDUSDTM
edgeX APLDUSDC
Binance APLDUSDT
Bybit APLDUSDT
OKX APLD-USDT-SWAP
Gate APLD_USDT
Bitget APLDUSDT
HTX APLD-USDT