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

B

all B markets
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Alert: funding
Alert: spread
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 − costsprices read too far apart to compare
costs, in and out, $10k−$1241.237% of the position
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance BUSDT0.20190.0815pay 0.0407% / 4h2h 38m$11.7M$2.0M20x
ShortedgeX BUSDC0.20210.0805get 0.0402% / 4h2h 38m$3K$390K5x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 2 min ago2.47 bp22.4 bp −$22347.9 bp −$3,47910235.6 bp −$1.02Mdoesn't fit
Sell edgeX live order book, 50 min ago7.45 bp38.4 bp −$38doesn't fitdoesn't fitdoesn't fit

B on 11 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
Gate B_USDT+0.0100%4h0.2016−0.130%$3.4M$589K20xas long as short
KuCoin BUSDTM+0.0100%4h0.2016−0.130%$1.9M$71K10xas long as short
Bybit BUSDT+0.0436%4h0.2017−0.085%$1.8M$933K13xas long as short
BingX B-USDT+0.0800%4h0.2019+0.019%$1.2Mas long as short
edgeX BUSDCshort+0.0805%4h0.2021+0.125%$3K$390K5x
MEXC B_USDT+0.0814%4h0.2017−0.080%$965K$343K100xas long as short
Binance BUSDTlong+0.0815%4h0.2019long leg$11.7M$2.0M20x
Extended B-USD+0.0816%1h0.2018−0.025%$15K$117K5xas long as short
BloFin B-USDT+0.0820%4h0.2021+0.118%$595K$39K20xas long as short
Bitget BUSDT+0.0830%4h0.2019+0.019%$2.7M$231K10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BUSDT+0.1318%4h0.2019+0.001%$1.9M$200K5xas long as short