Funding you earn now, next payment 04:00 UTC−0.0901%/8h= −98.7% APRpaid last 24h −0.072%
Price spread now: edgeX against Phemex+0.030%78s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 2 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. edgeX is 0.030% dearer against Phemex than usual: you sell high and buy low (spread +0.030% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$27 a day in funding at the current rate, which eats that in about 3 hours. The two prices were read 78 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 | 28.310 | 0 | get 0.0000% / 8h | 7h 51m | $30K | $58K | 10x |
| Short | edgeX APLDUSDC | 28.318 | −0.0901 | pay 0.0451% / 4h | 3h 51m | $8K | $268K | 10x |
Phemex APLDUSDT
edgeX APLDUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$189.27
- Price spread: +0.030% → 0.000%
- $3
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$207.28
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Phemex: no order-book sample; edgeX: live order book, 21 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 Phemex no order-book sample | — | — | — | — | — |
| Sell edgeX live order book, 21 min ago | 14.14 bp | 30.4 bp −$30 | doesn't fit | doesn't fit | doesn't fit |
Phemex: 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX APLDUSDCshort | −0.0901% | 4h | 28.318 | +0.030% | $8K | $268K | 10x | |
| KuCoin APLDUSDTM | −0.0037% | 8h | 28.340 | +0.106% | $82K | $735K | 10x | as long as short |
| Binance APLDUSDT | 0.0000% | 8h | 28.302 | −0.028% | $91K | $720K | 20x | as long as short |
| Bybit APLDUSDT | 0.0000% | 8h | 28.360 | +0.177% | $119K | $141K | 25x | as long as short |
| OKX APLD-USDT-SWAP | 0.0000% | 8h | 28.410 | +0.353% | $82K | $43K | 10x | as long as short |
| Gate APLD_USDT | 0.0000% | 8h | 28.300 | −0.035% | $5K | $3K | 20x | as long as short |
| Bitget APLDUSDT | 0.0000% | 8h | 28.340 | +0.106% | $164K | $341K | 20x | as long as short |
| HTX APLD-USDT | 0.0000% | 8h | 28.310 | 0.000% | $7K | $311K | 10x | as long as short |
| Phemex APLDUSDTlong | 0.0000% | 8h | 28.310 | long leg | $30K | $58K | 10x | |
| BloFin APLD-USDT | +0.0019% | 8h | 28.340 | +0.106% | $50K | $3K | 20x | as long as short |
KuCoin APLDUSDTM
Binance APLDUSDT
Bybit APLDUSDT
OKX APLD-USDT-SWAP
Gate APLD_USDT
Bitget APLDUSDT
HTX APLD-USDT
BloFin APLD-USDT