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

APLD

RWAall APLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Bitget+0.071%7-day average +0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$249as in the Funding arb table
Net, price: spread back to 7d avg − costs−$239as in the Price arb table
costs, in and out, $10k−$2432.434% 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)−0.261%−$26 · spread now +0.071%, 7d avg +0.027%
Together, before fees−0.320%−$32 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: Bybit is 0.044% dearer against Bitget than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.027%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget APLDUSDT28.0900get 0.0000% / 8h4h 31m$130K$245K20x
ShortBybit APLDUSDT28.1100get 0.0000% / 8h4h 31m$114K$192K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$0
Price spread: +0.071% → +0.027%
$4.42
Slippage, 4 orders
−$220.44
Fee Bitget: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$239.02
Costs to cover
2.434%
Break-even
never at this rate
Slippage from Bitget: live order book, 1 min ago; Bybit: live order book, 65 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 Bitget live order book, 1 min ago10.68 bp26.9 bp −$27103.6 bp −$1,036doesn't fitdoesn't fit
Sell Bybit live order book, 65 min ago7.10 bp94.3 bp −$94225.7 bp −$2,257doesn'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−0.0604%4h28.092+0.005%$8K$268K10xas long as short
BloFin APLD-USDT−0.0026%8h28.0900.000%$51K$3K20xas long as short
Binance APLDUSDT0.0000%8h28.081−0.032%$88K$592K20xas long as short
Bybit APLDUSDTshort0.0000%8h28.110+0.071%$114K$192K25x
OKX APLD-USDT-SWAP0.0000%8h28.130+0.142%$80K$47K10xas long as short
Gate APLD_USDT0.0000%8h28.110+0.071%$4K$4K20xas long as short
Bitget APLDUSDTlong0.0000%8h28.090long leg$130K$245K20x
HTX APLD-USDT0.0000%8h28.100+0.036%$7K$289K10xas long as short
Phemex APLDUSDT0.0000%8h28.070−0.071%$33K$45K10xas long as short
KuCoin APLDUSDTM+0.0042%8h28.0900.000%$72K$858K10xas long as short