Funding you earn now, next payment 00:00 UTC+0.0265%/8h= +29.0% APRnext payment +$1.33 per $10,000 · paid last 24h +0.006%
Price spread now: Bitget against edgeX+0.143%84s7-day average +0.093% · you sell dearer than you buy
Net, funding: paid 7d − costs−$216as 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−$2222.224% of the position
Funding, last 7 days+0.060%+$6 on $10k
+Price spread, last 3 days (all we have)−0.227%−$23 · spread now +0.143%, 7d avg +0.093%
=Together, before fees−0.167%+ Points / potential airdropedgeX: Active · farm board−$17 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Bitget is 0.050% dearer against edgeX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.093%. The two prices were read 84 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 0.060% in total (about 3.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.33 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 | edgeX BANKUSDC | 0.03533 | 0.0117 | pay 0.0058% / 4h | 56m 14s | $1K | $241K | 5x |
| Short | Bitget BANKUSDT | 0.03538 | 0.0382 | get 0.0191% / 4h | 56m 14s | $2.8M | $3.4M | 25x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $55.67
- Price spread: +0.143% → +0.093%
- $5.04
- Slippage, 4 orders
- −$201.38
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$161.66
- Costs to cover
- 2.224%
- Break-even
- 27.3 days
Slippage from edgeX: live order book, 21 min ago; Bitget: 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, 21 min ago | 7.09 bp | 89.2 bp −$89 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 4.24 bp | 29.5 bp −$29 | doesn't fit | doesn't fit | doesn't fit |
BANK 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BANKUSDT | +0.0100% | 4h | 0.03532 | −0.030% | $56K | $120K | 5x | as long as short |
| Binance BANKUSDT | +0.0100% | 4h | 0.03536 | +0.086% | $8.0M | $33.0M | 50x | as long as short |
| MEXC BANK_USDT | +0.0100% | 4h | 0.03536 | +0.086% | $2.6M | $609K | 20x | as long as short |
| KuCoin BANKUSDTM | +0.0100% | 4h | 0.03533 | +0.002% | $1.2M | $197K | 50x | as long as short |
| HTX BANK-USDT | +0.0100% | 4h | 0.03537 | +0.115% | $37K | $279K | 20x | as long as short |
| edgeX BANKUSDClong | +0.0117% | 4h | 0.03533 | long leg | $1K | $241K | 5x | |
| Bybit BANKUSDT | +0.0143% | 4h | 0.03536 | +0.086% | $2.9M | $6.7M | 20x | as long as short |
| BloFin BANK-USDT | +0.0340% | 4h | 0.03538 | +0.143% | $449K | $162K | 50x | as long as short |
| BingX BANK-USDT | +0.0380% | 4h | 0.03534 | +0.030% | — | $6.9M | — | as long as short |
| Bitget BANKUSDTshort | +0.0382% | 4h | 0.03538 | +0.143% | $2.8M | $3.4M | 25x |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate BANK_USDT | +0.0664% | 4h | 0.03536 | +0.086% | $720K | $1.4M | 10x | as long as short |
edgeX BANKUSDC
Bitget BANKUSDT
Aster BANKUSDT
Binance BANKUSDT
MEXC BANK_USDT
KuCoin BANKUSDTM
HTX BANK-USDT
Bybit BANKUSDT
BloFin BANK-USDT
BingX BANK-USDT
Gate BANK_USDT