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 − costs—prices read too far apart to compare
costs, in and out, $10k−$3663.656% of the position
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX BUSDC | 0.2021 | 0.0875 | pay 0.0437% / 4h | 1h 55m | $3K | $389K | 5x |
| Short | Bybit BUSDT | 0.2018 | 0.1023 | get 0.0511% / 4h | 1h 55m | $1.7M | $946K | 13x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy edgeX live order book, 28 min ago | 7.40 bp | 37.7 bp −$38 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 6 min ago | 0.99 bp | 138.1 bp −$138 | 919.7 bp −$9,197 | 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 | 0.2020 | −0.025% | $3.4M | $583K | 20x | as long as short |
| KuCoin BUSDTM | +0.0100% | 4h | 0.2018 | −0.139% | $1.9M | $71K | 10x | as long as short |
| Extended B-USD | +0.0872% | 1h | 0.2022 | +0.057% | $15K | $117K | 5x | as long as short |
| MEXC B_USDT | +0.0874% | 4h | 0.2022 | +0.074% | $969K | $346K | 100x | as long as short |
| edgeX BUSDClong | +0.0875% | 4h | 0.2021 | long leg | $3K | $389K | 5x | |
| Binance BUSDT | +0.0875% | 4h | 0.2022 | +0.074% | $11.7M | $2.0M | 20x | as long as short |
| BloFin B-USDT | +0.0917% | 4h | 0.2021 | +0.024% | $594K | $39K | 20x | as long as short |
| BingX B-USDT | +0.1022% | 4h | 0.2023 | +0.123% | — | $1.2M | — | as long as short |
| Bybit BUSDTshort | +0.1023% | 4h | 0.2018 | −0.105% | $1.7M | $946K | 13x | |
| Bitget BUSDT | +0.1110% | 4h | 0.2020 | −0.025% | $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 | +0.1349% | 4h | 0.2022 | +0.074% | $1.9M | $205K | 5x | as long as short |
edgeX BUSDC
Bybit BUSDT
Gate B_USDT
KuCoin BUSDTM
Extended B-USD
MEXC B_USDT
Binance BUSDT
BloFin B-USDT
BingX B-USDT
Bitget BUSDT
Aster BUSDT