Funding you earn now, next payment 00:00 UTC−0.0184%/8h= −20.1% APRnext payment −$0.92 per $10,000 · paid last 24h +0.008%
Price spread now: edgeX against BingX+0.066%7-day average +0.113% · you sell dearer than you buy
Net, funding: paid 7d − costs−$182as in the Funding arb table
Net, price: spread back to 7d avg − costs−$186as in the Price arb table
costs, in and out, $10k−$1811.810% of the position
Funding, last 7 days−0.009%−$1 on $10k
+Price spread, last 3 days (all we have)−0.320%−$32 · spread now +0.066%, 7d avg +0.113%
=Together, before fees−0.328%+ Points / potential airdropedgeX: Active · farm board−$33 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and edgeX is 0.047% cheaper against BingX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.113%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.009% in total (about -0.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.92 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX B-USDT | 0.2018 | 0.1066 | pay 0.0533% / 4h | 1h 49m | — | $1.2M | — |
| Short | edgeX BUSDC | 0.2019 | 0.0882 | get 0.0441% / 4h | 1h 49m | $3K | $391K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against BingX. 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
- −$38.59
- Price spread: +0.066% → +0.113%
- −$4.7
- Slippage, 4 orders
- −$161.96
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$224.24
- Costs to cover
- 1.810%
- Break-even
- never at this rate
Slippage from BingX: live order book, 7 min ago; edgeX: live order book, 34 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 BingX live order book, 7 min ago | 32.14 bp | 54.6 bp −$55 | 205.9 bp −$2,059 | 886.3 bp −$88.6K | doesn't fit |
| Sell edgeX live order book, 34 min ago | 7.40 bp | 37.6 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 | 0.2018 | 0.000% | $3.4M | $584K | 20x | as long as short |
| KuCoin BUSDTM | +0.0100% | 4h | 0.2015 | −0.164% | $1.9M | $71K | 10x | as long as short |
| BloFin B-USDT | +0.0867% | 4h | 0.2019 | +0.050% | $592K | $39K | 20x | as long as short |
| edgeX BUSDCshort | +0.0882% | 4h | 0.2019 | +0.066% | $3K | $391K | 5x | |
| MEXC B_USDT | +0.0892% | 4h | 0.2018 | 0.000% | $967K | $346K | 100x | as long as short |
| Binance BUSDT | +0.0893% | 4h | 0.2018 | 0.000% | $11.6M | $2.0M | 20x | as long as short |
| Extended B-USD | +0.0896% | 1h | 0.2019 | +0.033% | $15K | $117K | 5x | as long as short |
| Bybit BUSDT | +0.0995% | 4h | 0.2017 | −0.035% | $1.7M | $949K | 13x | as long as short |
| BingX B-USDTlong | +0.1066% | 4h | 0.2018 | long leg | — | $1.2M | — | |
| Bitget BUSDT | +0.1150% | 4h | 0.2021 | +0.149% | $2.7M | $230K | 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 | +0.1360% | 4h | 0.2019 | +0.074% | $1.9M | $205K | 5x | as long as short |
BingX B-USDT
edgeX BUSDC
Gate B_USDT
KuCoin BUSDTM
BloFin B-USDT
MEXC B_USDT
Binance BUSDT
Extended B-USD
Bybit BUSDT
Bitget BUSDT
Aster BUSDT