Settings8H · net · $10k
Funding arb · Price arb /

APLD

RWAall APLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0052%/8h= +5.7% APRnext payment +$0.52 per $10,000 · paid last 24h −0.009%
Price spread now: KuCoin against Bitget+0.071%7-day average +0.015% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.109%−$11 on $10k
Price spread, last 4 days (all we have)−0.046%−$5 · spread now +0.071%, 7d avg +0.015%
Together, before fees−0.155%−$15 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and KuCoin is 0.056% dearer against Bitget than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.015%. Mind the row above: over the last 7 days funding on this pair cost −0.109%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget APLDUSDT28.1300get 0.0000% / 8h5h 26m$135K$292K20x
ShortKuCoin APLDUSDTM28.1500.0052get 0.0052% / 8h5h 26m$77K$810K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Bitget. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$10.92
Price spread: +0.071% → +0.015%
$5.64
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$7.44
Costs to cover
0.240%
Break-even
11.8 days
Slippage unknown: Bitget: live order book, 12 min ago; KuCoin: live order book, 10 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 12 min ago10.63 bp22.1 bp −$2272.1 bp −$721doesn't fitdoesn't fit
Sell KuCoin live order book, 10 min ago5.32 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

APLD on 10 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX APLDUSDC−0.0599%4h28.142+0.044%$8K$266K10xas long as short
Binance APLDUSDT0.0000%8h28.100−0.108%$88K$675K20xas long as short
Bybit APLDUSDT0.0000%8h28.160+0.107%$113K$191K25xas long as short
OKX APLD-USDT-SWAP0.0000%8h28.170+0.142%$81K$49K10xas long as short
Gate APLD_USDT0.0000%8h28.160+0.107%$4K$4K20xas long as short
Bitget APLDUSDTlong0.0000%8h28.130long leg$135K$292K20x
HTX APLD-USDT0.0000%8h28.150+0.071%$6K$289K10xas long as short
Phemex APLDUSDT0.0000%8h28.100−0.107%$33K$55K10xas long as short
BloFin APLD-USDT+0.0005%8h28.1300.000%$51K$3K20xas long as short
KuCoin APLDUSDTMshort+0.0052%8h28.150+0.071%$77K$810K10x