Funding you earn now, next payment 08:00 UTC−0.0010%/8h= −1.1% APRnext payment −$0.05 per $10,000 · paid last 24h −0.002%
Price spread now: Binance against edgeX−0.526%60s7-day average +0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$224as 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−$2252.246% of the position
Funding, last 7 days+0.006%+$1 on $10k
+Price spread, last 4 days (all we have)+0.396%+$40 · spread now −0.526%, 7d avg +0.011%
=Together, before fees+0.402%+ Points / potential airdropedgeX: Active · farm board+$40 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Binance is 0.537% cheaper against edgeX than usual: you would sell low and buy high (−$54 if the spread goes back to its 7-day average of +0.011%). Swap the legs. The two prices were read 60 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 CYSUSDC | 0.1687 | 0.0145 | pay 0.0072% / 4h | 52m 31s | $7K | $110K | 10x |
| Short | Binance CYSUSDT | 0.1678 | 0.0135 | get 0.0068% / 4h | 52m 31s | $4.5M | $5.7M | 20x |
edgeX CYSUSDC
Binance CYSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- −$2.07
- Price spread: −0.526% → +0.011%
- −$53.74
- Slippage, 4 orders
- −$205.61
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$280.42
- Costs to cover
- 2.246%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 49 min ago; Binance: live order book, 15 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, 49 min ago | 9.20 bp | 84.4 bp −$84 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 3.00 bp | 34.0 bp −$34 | 186.4 bp −$1,864 | doesn't fit | doesn't fit |
CYS on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin CYSUSDTM | +0.0100% | 4h | 0.1678 | −0.544% | $1.4M | $196K | 20x | as long as short |
| Bitget CYSUSDT | +0.0100% | 4h | 0.1677 | −0.597% | $1.8M | $801K | 25x | as long as short |
| Aster CYSUSDT | +0.0120% | 4h | 0.1677 | −0.610% | $260K | $97K | 10x | as long as short |
| Binance CYSUSDTshort | +0.0135% | 4h | 0.1678 | −0.526% | $4.5M | $5.7M | 20x | |
| MEXC CYS_USDT | +0.0142% | 4h | 0.1677 | −0.603% | $1.6M | $273K | 50x | as long as short |
| edgeX CYSUSDClong | +0.0145% | 4h | 0.1687 | long leg | $7K | $110K | 10x | |
| Variational Omni CYS | +0.0363% | 4h | 0.1679 | −0.473% | $35K | $13K | — | as long as short |
| BingX CYS-USDT | +0.0570% | 4h | 0.1675 | −0.721% | — | $1.3M | — | as long as short |
| Bybit CYSUSDT | +0.0677% | 4h | 0.1677 | −0.603% | $1.6M | $1.3M | 13x | as long as short |
| Gate CYS_USDT | +0.0702% | 4h | 0.1677 | −0.603% | $620K | $164K | 20x | as long as short |
KuCoin CYSUSDTM
Bitget CYSUSDT
Aster CYSUSDT
MEXC CYS_USDT
Variational Omni CYS
BingX CYS-USDT
Bybit CYSUSDT
Gate CYS_USDT