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

APLD

RWAall APLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Bybit0.000%7-day average −0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$314as in the Funding arb table
Net, price: spread back to 7d avg − costs−$317as in the Price arb table
costs, in and out, $10k−$3203.195% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.060%+$6 on $10k
Price spread, last 4 days (all we have)+0.189%+$19 · spread now 0.000%, 7d avg −0.024%
Together, before fees+0.249%+$25 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.024% dearer against Bybit than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.024%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit APLDUSDT28.1200get 0.0000% / 8h2h 05m$120K$140K25x
ShortBitget APLDUSDT28.1200get 0.0000% / 8h2h 05m$152K$290K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Bybit. 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
$0
Price spread: 0.000% → −0.024%
$2.36
Slippage, 4 orders
−$296.51
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$317.15
Costs to cover
3.195%
Break-even
never at this rate
Slippage from Bybit: live order book, 24 min ago; Bitget: live order book, 34 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 24 min ago5.35 bp148.6 bp −$149262.1 bp −$2,621doesn't fitdoesn't fit
Sell Bitget live order book, 34 min ago3.56 bp20.2 bp −$2040.3 bp −$403doesn't fitdoesn't fit

APLD on 10 venues

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−0.0379%4h28.090−0.105%$8K$269K10xas long as short
BloFin APLD-USDT−0.0020%8h27.990−0.462%$50K$3K20xas long as short
Binance APLDUSDT0.0000%8h28.060−0.213%$93K$688K20xas long as short
Bybit APLDUSDTlong0.0000%8h28.120long leg$120K$140K25x
OKX APLD-USDT-SWAP0.0000%8h28.100−0.071%$81K$45K10xas long as short
Gate APLD_USDT0.0000%8h28.150+0.107%$4K$4K20xas long as short
Bitget APLDUSDTshort0.0000%8h28.1200.000%$152K$290K20x
HTX APLD-USDT0.0000%8h27.940−0.640%$6K$295K10xas long as short
Phemex APLDUSDT0.0000%8h28.070−0.178%$31K$56K10xas long as short
KuCoin APLDUSDTM+0.0100%8h28.090−0.107%$80K$643K10xas long as short