Funding you earn now, next payment 00:00 UTC−0.0070%/8h= −7.7% APRnext payment −$0.70 per $10,000 · paid last 24h +0.037%
Price spread now: KuCoin against Phemex+0.106%7-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
=Together, before fees—needs both histories
The price spread pays, funding is against you. KuCoin is 0.106% dearer against Phemex than usual: you sell high and buy low (spread +0.106% now, against zero (this spread has no 7-day history yet)): +$11 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 5.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex APLDUSDT | 28.250 | 0 | get 0.0000% / 8h | 15m 35s | $30K | $59K | 10x |
| Short | KuCoin APLDUSDTM | 28.280 | −0.0070 | pay 0.0070% / 8h | 15m 35s | $80K | $739K | 10x |
Phemex APLDUSDT
KuCoin APLDUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$14.7
- Price spread: +0.106% → 0.000%
- $10.62
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$28.08
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: Phemex: no order-book sample; KuCoin: live order book, 48 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 KuCoin live order book, 48 min ago | 10.64 bp | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin APLDUSDTMshort | −0.0070% | 8h | 28.280 | +0.106% | $80K | $739K | 10x | |
| BloFin APLD-USDT | −0.0009% | 8h | 28.200 | −0.177% | $50K | $3K | 20x | as long as short |
| Binance APLDUSDT | 0.0000% | 8h | 28.250 | 0.000% | $91K | $730K | 20x | as long as short |
| Bybit APLDUSDT | 0.0000% | 8h | 28.310 | +0.212% | $119K | $144K | 25x | as long as short |
| OKX APLD-USDT-SWAP | 0.0000% | 8h | 28.320 | +0.248% | $82K | $44K | 10x | as long as short |
| Gate APLD_USDT | 0.0000% | 8h | 28.280 | +0.106% | $5K | $4K | 20x | as long as short |
| Bitget APLDUSDT | 0.0000% | 8h | 28.280 | +0.106% | $158K | $442K | 20x | as long as short |
| HTX APLD-USDT | 0.0000% | 8h | 28.280 | +0.106% | $7K | $311K | 10x | as long as short |
| Phemex APLDUSDTlong | 0.0000% | 8h | 28.250 | long leg | $30K | $59K | 10x | |
| edgeX APLDUSDC | +0.0804% | 4h | 28.293 | +0.152% | $8K | $270K | 10x | as long as short |
BloFin APLD-USDT
Binance APLDUSDT
Bybit APLDUSDT
OKX APLD-USDT-SWAP
Gate APLD_USDT
Bitget APLDUSDT
HTX APLD-USDT
edgeX APLDUSDC