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: Bybit against Phemex+0.283%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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.283% dearer against Phemex than usual: you sell high and buy low, +$28 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex APLDUSDT | 28.260 | 0 | get 0.0000% / 8h | 5h 01m | $31K | $57K | 10x |
| Short | Bybit APLDUSDT | 28.340 | 0 | get 0.0000% / 8h | 5h 01m | $118K | $140K | 25x |
Phemex APLDUSDT
Bybit APLDUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $0
- Price spread: +0.283% → 0.000%
- $28.31
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $5.31
- Costs to cover
- 0.230%
- Break-even
- from the start
Slippage unknown: Phemex: no order-book sample; Bybit: live order book, 43 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 Bybit live order book, 43 min ago | 12.38 bp | 114.0 bp −$114 | 231.7 bp −$2,317 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX APLDUSDC | −0.0572% | 4h | 28.304 | +0.157% | $8K | $269K | 10x | as long as short |
| Binance APLDUSDT | 0.0000% | 8h | 28.276 | +0.056% | $93K | $704K | 20x | as long as short |
| Bybit APLDUSDTshort | 0.0000% | 8h | 28.340 | +0.283% | $118K | $140K | 25x | |
| OKX APLD-USDT-SWAP | 0.0000% | 8h | 28.350 | +0.318% | $82K | $42K | 10x | as long as short |
| Gate APLD_USDT | 0.0000% | 8h | 28.260 | 0.000% | $4K | $4K | 20x | as long as short |
| Bitget APLDUSDT | 0.0000% | 8h | 28.340 | +0.283% | $154K | $310K | 20x | as long as short |
| HTX APLD-USDT | 0.0000% | 8h | 28.310 | +0.177% | $7K | $303K | 10x | as long as short |
| Phemex APLDUSDTlong | 0.0000% | 8h | 28.260 | long leg | $31K | $57K | 10x | |
| BloFin APLD-USDT | +0.0017% | 8h | 28.280 | +0.071% | $50K | $3K | 20x | as long as short |
| KuCoin APLDUSDTM | +0.0100% | 8h | 28.350 | +0.318% | $83K | $692K | 10x | as long as short |
edgeX APLDUSDC
Binance APLDUSDT
OKX APLD-USDT-SWAP
Gate APLD_USDT
Bitget APLDUSDT
HTX APLD-USDT
BloFin APLD-USDT
KuCoin APLDUSDTM