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 04:00 UTC+0.0467%/8h= +51.2% APRnext payment +$2.34 per $10,000 · paid last 24h −0.056%
Price spread now: Bitget against edgeX+0.262%54s7-day average −0.097% · you sell dearer than you buy
Net, funding: paid 7d − costs−$156as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1311.307% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.255%−$26 on $10k
Price spread, last 3 days (all we have)−0.189%−$19 · spread now +0.262%, 7d avg −0.097%
Together, before fees−0.444%+ Points / potential airdropedgeX: Active · farm board−$44 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Bitget is 0.359% dearer against edgeX than usual: you sell high and buy low: +$36 more if the spread goes back to its 7-day average of −0.097%. Mind the row above: over the last 7 days funding on this pair cost −0.255%, so the current rate has only just turned in your favour. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.255% in total (about -13.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.34 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX BUSDC0.20510.0795pay 0.0397% / 4h3h 44m$3K$391K5x
ShortBitget BUSDT0.20560.1262get 0.0631% / 4h3h 44m$2.8M$246K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against edgeX. 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
$98.15
Price spread: +0.262% → −0.097%
$35.89
Slippage, 4 orders
−$109.73
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Bitget: 6 bp × 2 orders
−$12
Net
$3.31
Costs to cover
1.307%
Break-even
6.8 days
Slippage from edgeX: live order book, 29 min ago; Bitget: live order book, 3 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 edgeX live order book, 29 min ago9.83 bp40.5 bp −$40doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 3 min ago2.43 bp26.1 bp −$26162.7 bp −$1,627doesn'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+0.0558%4h0.2053+0.116%$3.5M$602K20xas long as short
KuCoin BUSDTM+0.0672%4h0.2052+0.052%$1.9M$72K10xas long as short
edgeX BUSDClong+0.0795%4h0.2051long leg$3K$391K5x
Extended B-USD+0.0832%1h0.2057+0.288%$15K$142K5xas long as short
MEXC B_USDT+0.0832%4h0.2056+0.262%$1.0M$352K100xas long as short
Binance BUSDT+0.0840%4h0.2057+0.311%$11.9M$2.0M20xas long as short
BloFin B-USDT+0.0851%4h0.2059+0.408%$600K$40K20xas long as short
Bitget BUSDTshort+0.1262%4h0.2056+0.262%$2.8M$246K10x
Aster BUSDT+0.1601%4h0.2059+0.408%$1.9M$213K5xas long as short
BingX B-USDT+0.1630%4h0.2056+0.262%$1.2Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit BUSDT+0.1918%4h0.2054+0.155%$1.8M$958K13xas long as short