Funding you earn now, next payment 00:00 UTC−0.0010%/8h= −1.1% APRnext payment −$0.05 per $10,000 · paid last 24h +0.001%
Price spread now: edgeX against Binance+0.125%60s7-day average +0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$124as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1241.237% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 3 days (all we have)−0.428%−$43 · spread now +0.125%, 7d avg +0.025%
=Together, before fees−0.428%+ Points / potential airdropedgeX: Active · farm board−$43 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.101% dearer against Binance than usual: you sell high and buy low (spread +0.125% now, against its 7-day average of +0.025%): +$10 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 34 days. The two prices were read 60 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BUSDT | 0.2019 | 0.0815 | pay 0.0407% / 4h | 2h 38m | $11.7M | $2.0M | 20x |
| Short | edgeX BUSDC | 0.2021 | 0.0805 | get 0.0402% / 4h | 2h 38m | $3K | $390K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Binance. 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
- −$2.05
- Price spread: +0.125% → +0.025%
- $10.06
- Slippage, 4 orders
- −$104.68
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$115.66
- Costs to cover
- 1.237%
- Break-even
- never at this rate
Slippage from Binance: live order book, 2 min ago; edgeX: live order book, 50 min ago.
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 Binance live order book, 2 min ago | 2.47 bp | 22.4 bp −$22 | 347.9 bp −$3,479 | 10235.6 bp −$1.02M | doesn't fit |
| Sell edgeX live order book, 50 min ago | 7.45 bp | 38.4 bp −$38 | doesn't fit | doesn't fit | doesn't fit |
B on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate B_USDT | +0.0100% | 4h | 0.2016 | −0.130% | $3.4M | $589K | 20x | as long as short |
| KuCoin BUSDTM | +0.0100% | 4h | 0.2016 | −0.130% | $1.9M | $71K | 10x | as long as short |
| Bybit BUSDT | +0.0436% | 4h | 0.2017 | −0.085% | $1.8M | $933K | 13x | as long as short |
| BingX B-USDT | +0.0800% | 4h | 0.2019 | +0.019% | — | $1.2M | — | as long as short |
| edgeX BUSDCshort | +0.0805% | 4h | 0.2021 | +0.125% | $3K | $390K | 5x | |
| MEXC B_USDT | +0.0814% | 4h | 0.2017 | −0.080% | $965K | $343K | 100x | as long as short |
| Binance BUSDTlong | +0.0815% | 4h | 0.2019 | long leg | $11.7M | $2.0M | 20x | |
| Extended B-USD | +0.0816% | 1h | 0.2018 | −0.025% | $15K | $117K | 5x | as long as short |
| BloFin B-USDT | +0.0820% | 4h | 0.2021 | +0.118% | $595K | $39K | 20x | as long as short |
| Bitget BUSDT | +0.0830% | 4h | 0.2019 | +0.019% | $2.7M | $231K | 10x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BUSDT | +0.1318% | 4h | 0.2019 | +0.001% | $1.9M | $200K | 5x | as long as short |
Binance BUSDT
edgeX BUSDC
Gate B_USDT
KuCoin BUSDTM
Bybit BUSDT
BingX B-USDT
MEXC B_USDT
Extended B-USD
BloFin B-USDT
Bitget BUSDT
Aster BUSDT