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+0.0148%/8h= +16.2% APRnext payment +$0.74 per $10,000 · paid last 24h −0.128%
Price spread now: Bybit against edgeX−0.105%111s7-day average −0.269% · you buy dearer than you sell
Net, funding: paid 7d − costs−$393as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$3663.656% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.270%−$27 on $10k
Price spread, last 3 days (all we have)+0.267%+$27 · spread now −0.105%, 7d avg −0.269%
Together, before fees−0.002%+ Points / potential airdropedgeX: Active · farm board$0 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Bybit is 0.164% dearer against edgeX than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of −0.269%. Mind the row above: over the last 7 days funding on this pair cost −0.270%, so the current rate has only just turned in your favour. The two prices were read 111 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX BUSDC0.20210.0875pay 0.0437% / 4h1h 55m$3K$389K5x
ShortBybit BUSDT0.20180.1023get 0.0511% / 4h1h 55m$1.7M$946K13x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$31.01
Price spread: −0.105% → −0.269%
$16.4
Slippage, 4 orders
−$345.57
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$318.16
Costs to cover
3.656%
Break-even
78.8 days
Slippage from edgeX: live order book, 28 min ago; Bybit: live order book, 6 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, 28 min ago7.40 bp37.7 bp −$38doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 6 min ago0.99 bp138.1 bp −$138919.7 bp −$9,197doesn'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%4h0.2020−0.025%$3.4M$583K20xas long as short
KuCoin BUSDTM+0.0100%4h0.2018−0.139%$1.9M$71K10xas long as short
Extended B-USD+0.0872%1h0.2022+0.057%$15K$117K5xas long as short
MEXC B_USDT+0.0874%4h0.2022+0.074%$969K$346K100xas long as short
edgeX BUSDClong+0.0875%4h0.2021long leg$3K$389K5x
Binance BUSDT+0.0875%4h0.2022+0.074%$11.7M$2.0M20xas long as short
BloFin B-USDT+0.0917%4h0.2021+0.024%$594K$39K20xas long as short
BingX B-USDT+0.1022%4h0.2023+0.123%$1.2Mas long as short
Bybit BUSDTshort+0.1023%4h0.2018−0.105%$1.7M$946K13x
Bitget BUSDT+0.1110%4h0.2020−0.025%$2.7M$230K10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BUSDT+0.1349%4h0.2022+0.074%$1.9M$205K5xas long as short