Funding you earn now, next payment 08:00 UTC−0.0033%/8h= −3.6% APRnext payment −$0.33 per $10,000 · paid last 24h −0.022%
Price spread now: Bybit against KuCoin−0.035%7-day average +0.011% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.018%+$2 on $10k
+Price spread, last 4 days (all we have)−0.097%−$10 · spread now −0.035%, 7d avg +0.011%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bybit is 0.046% cheaper against KuCoin than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.011%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin APLDUSDTM | 28.300 | 0.0033 | pay 0.0033% / 8h | 6h 33m | $71K | $730K | 10x |
| Short | Bybit APLDUSDT | 28.290 | 0 | get 0.0000% / 8h | 6h 33m | $118K | $141K | 25x |
KuCoin APLDUSDTM
Bybit APLDUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against KuCoin. 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
- −$6.93
- Price spread: −0.035% → +0.011%
- −$4.59
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$34.52
- Costs to cover
- 0.230%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 5 min ago; Bybit: live order book, 16 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 KuCoin live order book, 5 min ago | 5.31 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 16 min ago | 19.41 bp | 107.0 bp −$107 | 242.2 bp −$2,422 | doesn't fit | doesn't fit |
APLD on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance APLDUSDT | 0.0000% | 8h | 28.205 | −0.336% | $91K | $715K | 20x | as long as short |
| Bybit APLDUSDTshort | 0.0000% | 8h | 28.290 | −0.035% | $118K | $141K | 25x | |
| OKX APLD-USDT-SWAP | 0.0000% | 8h | 28.300 | 0.000% | $82K | $43K | 10x | as long as short |
| Gate APLD_USDT | 0.0000% | 8h | 28.300 | 0.000% | $4K | $4K | 20x | as long as short |
| Bitget APLDUSDT | 0.0000% | 8h | 28.260 | −0.141% | $153K | $323K | 20x | as long as short |
| HTX APLD-USDT | 0.0000% | 8h | 28.310 | +0.035% | $7K | $305K | 10x | as long as short |
| Phemex APLDUSDT | 0.0000% | 8h | 28.250 | −0.177% | $30K | $58K | 10x | as long as short |
| KuCoin APLDUSDTMlong | +0.0033% | 8h | 28.300 | long leg | $71K | $730K | 10x | |
| edgeX APLDUSDC | +0.0078% | 4h | 28.322 | +0.078% | $8K | $269K | 10x | as long as short |
Binance APLDUSDT
OKX APLD-USDT-SWAP
Gate APLD_USDT
Bitget APLDUSDT
HTX APLD-USDT
Phemex APLDUSDT
edgeX APLDUSDC