Funding you earn now, next payment 08:00 UTC−0.0280%/8h= −30.6% APRnext payment −$1.40 per $10,000 · paid last 24h −0.163%
Price spread now: Gate against edgeX−0.445%97s7-day average −0.232% · you buy dearer than you sell
Net, funding: paid 7d − costs−$415as 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−$3763.765% of the position
Funding, last 7 days−0.387%−$39 on $10k
+Price spread, last 4 days (all we have)+0.420%+$42 · spread now −0.445%, 7d avg −0.232%
=Together, before fees+0.033%+ Points / potential airdropedgeX: Active · farm board+$3 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Gate is 0.213% cheaper against edgeX than usual: you would sell low and buy high (−$21 if the spread goes back to its 7-day average of −0.232%). Swap the legs. The two prices were read 97 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 | 0.2006 | 0.0380 | pay 0.0190% / 4h | 2h 31m | $3K | $389K | 5x |
| Short | Gate B_USDT | 0.1997 | 0.0100 | get 0.0050% / 4h | 2h 31m | $3.4M | $630K | 20x |
edgeX BUSDC
Gate B_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$58.76
- Price spread: −0.445% → −0.232%
- −$21.29
- Slippage, 4 orders
- −$352.49
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$456.53
- Costs to cover
- 3.765%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 17 min ago; Gate: live order book, 1 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, 17 min ago | 9.95 bp | 39.9 bp −$40 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 5.01 bp | 228.9 bp −$229 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit BUSDT | +0.0100% | 4h | 0.1997 | −0.465% | $1.8M | $950K | 13x | as long as short |
| Gate B_USDTshort | +0.0100% | 4h | 0.1997 | −0.445% | $3.4M | $630K | 20x | |
| KuCoin BUSDTM | +0.0100% | 4h | 0.1996 | −0.509% | $1.8M | $80K | 10x | as long as short |
| Binance BUSDT | +0.0374% | 4h | 0.2001 | −0.254% | $11.6M | $2.0M | 20x | as long as short |
| Extended B-USD | +0.0376% | 1h | 0.1999 | −0.321% | $15K | $198K | 5x | as long as short |
| edgeX BUSDClong | +0.0380% | 4h | 0.2006 | long leg | $3K | $389K | 5x | |
| MEXC B_USDT | +0.0380% | 4h | 0.2000 | −0.295% | $964K | $375K | 100x | as long as short |
| BloFin B-USDT | +0.0392% | 4h | 0.2005 | −0.046% | $600K | $37K | 20x | as long as short |
| BingX B-USDT | +0.0488% | 4h | 0.1999 | −0.345% | — | $1.3M | — | as long as short |
| Bitget BUSDT | +0.0522% | 4h | 0.2000 | −0.295% | $2.7M | $316K | 10x | as long as short |
Bybit BUSDT
KuCoin BUSDTM
Binance BUSDT
Extended B-USD
MEXC B_USDT
BloFin B-USDT
BingX B-USDT
Bitget BUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BUSDT | +0.1028% | 4h | 0.2001 | −0.269% | $1.9M | $224K | 5x | as long as short |
Aster BUSDT