Funding you earn now, next payment 00:00 UTC−0.0115%/8h= −12.6% APRpaid last 24h −0.038%
Price spread now: edgeX against Bitget+0.012%7-day average +0.084% · you sell dearer than you buy
Net, funding: paid 7d − costs−$122as in the Funding arb table
Net, price: spread back to 7d avg − costs−$99as in the Price arb table
costs, in and out, $10k−$920.919% of the position
Funding, last 7 days−0.299%−$30 on $10k
+Price spread, last 3 days (all we have)+0.176%+$18 · spread now +0.012%, 7d avg +0.084%
=Together, before fees−0.123%+ Points / potential airdropedgeX: Active · farm board−$12 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and edgeX is 0.072% cheaper against Bitget than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.084%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget APLDUSDT | 28.240 | 0 | get 0.0000% / 8h | 40m 56s | $158K | $452K | 20x |
| Short | edgeX APLDUSDC | 28.243 | −0.0115 | pay 0.0058% / 4h | 40m 56s | $8K | $270K | 10x |
Bitget APLDUSDT
edgeX APLDUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Bitget. 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
- −$24.25
- Price spread: +0.012% → +0.084%
- −$7.19
- Slippage, 4 orders
- −$70.87
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$123.3
- Costs to cover
- 0.919%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 30 min ago; edgeX: live order book, 37 min ago.
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 Bitget live order book, 30 min ago | 3.55 bp | 26.0 bp −$26 | 78.4 bp −$784 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 37 min ago | 14.18 bp | 30.7 bp −$31 | 103.5 bp −$1,035 | doesn't fit | doesn't fit |
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 | −0.0115% | 4h | 28.243 | +0.012% | $8K | $270K | 10x | |
| KuCoin APLDUSDTM | −0.0097% | 8h | 28.230 | −0.035% | $80K | $735K | 10x | as long as short |
| Binance APLDUSDT | 0.0000% | 8h | 28.185 | −0.193% | $91K | $725K | 20x | as long as short |
| Bybit APLDUSDT | 0.0000% | 8h | 28.240 | 0.000% | $118K | $144K | 25x | as long as short |
| OKX APLD-USDT-SWAP | 0.0000% | 8h | 28.270 | +0.106% | $82K | $44K | 10x | as long as short |
| Gate APLD_USDT | 0.0000% | 8h | 28.230 | −0.035% | $5K | $4K | 20x | as long as short |
| Bitget APLDUSDTlong | 0.0000% | 8h | 28.240 | long leg | $158K | $452K | 20x | |
| HTX APLD-USDT | 0.0000% | 8h | 28.280 | +0.142% | $7K | $312K | 10x | as long as short |
| Phemex APLDUSDT | 0.0000% | 8h | 28.180 | −0.212% | $29K | $58K | 10x | as long as short |
| BloFin APLD-USDT | +0.0004% | 8h | 28.220 | −0.071% | $49K | $3K | 20x | as long as short |
KuCoin APLDUSDTM
Binance APLDUSDT
Bybit APLDUSDT
OKX APLD-USDT-SWAP
Gate APLD_USDT
HTX APLD-USDT
Phemex APLDUSDT
BloFin APLD-USDT