Funding you earn now, next payment 00:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.02 per $10,000 · paid last 24h −0.001%
Price spread now: edgeX against Binance+0.125%100s7-day average −0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$61as 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−$590.593% of the position
Funding, last 7 days−0.016%−$2 on $10k
+Price spread, last 3 days (all we have)+0.071%+$7 · spread now +0.125%, 7d avg −0.030%
=Together, before fees+0.055%+ Points / potential airdropedgeX: Active · farm board+$6 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: edgeX is 0.154% dearer against Binance than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of −0.030%. The two prices were read 100 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 | Binance ESPUSDT | 0.09376 | 0.0100 | pay 0.0050% / 4h | 1h 51m | $2.4M | $4.2M | 25x |
| Short | edgeX ESPUSDC | 0.09387 | 0.0104 | get 0.0052% / 4h | 1h 51m | $29K | $269K | 10x |
Binance ESPUSDT
edgeX ESPUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Binance. 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
- $0.8
- Price spread: +0.125% → −0.030%
- $15.41
- Slippage, 4 orders
- −$40.27
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$43.06
- Costs to cover
- 0.593%
- Break-even
- 384.7 days
Slippage from Binance: live order book, 15 min ago; edgeX: live order book, 31 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 Binance live order book, 15 min ago | 0.53 bp | 20.2 bp −$20 | 74.9 bp −$749 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 31 min ago | 3.19 bp | 10.9 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
ESP 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 ESPUSDT | +0.0100% | 4h | 0.09377 | +0.014% | $4K | $24K | 5x | as long as short |
| Binance ESPUSDTlong | +0.0100% | 4h | 0.09376 | long leg | $2.4M | $4.2M | 25x | |
| OKX ESP-USDT-SWAP | +0.0100% | 4h | 0.09380 | +0.045% | $593K | $1.3M | 20x | as long as short |
| Gate ESP_USDT | +0.0100% | 8h | 0.09377 | +0.013% | $169K | $605K | 50x | as long as short |
| MEXC ESP_USDT | +0.0100% | 4h | 0.09374 | −0.019% | $1.2M | $103K | 20x | as long as short |
| KuCoin ESPUSDTM | +0.0100% | 4h | 0.09386 | +0.109% | $1.5M | $52K | 25x | as long as short |
| Bitget ESPUSDT | +0.0100% | 4h | 0.09386 | +0.105% | $956K | $123K | 20x | as long as short |
| edgeX ESPUSDCshort | +0.0104% | 4h | 0.09387 | +0.125% | $29K | $269K | 10x | |
| BloFin ESP-USDT | +0.0140% | 4h | 0.09384 | +0.088% | $122K | $35K | 25x | as long as short |
| BingX ESP-USDT | +0.3590% | 4h | 0.09374 | −0.019% | — | $1.7M | — | as long as short |
Aster ESPUSDT
OKX ESP-USDT-SWAP
Gate ESP_USDT
MEXC ESP_USDT
KuCoin ESPUSDTM
Bitget ESPUSDT
BloFin ESP-USDT
BingX ESP-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ESPUSDT | +0.3653% | 4h | 0.09367 | −0.094% | $1.1M | $584K | 50x | as long as short |
Bybit ESPUSDT