Funding you earn now, next payment 00:00 UTC−0.3545%/8h= −388.2% APRnext payment −$17.73 per $10,000 · paid last 24h −0.406%
Price spread now: edgeX against BingX+0.023%7-day average −0.052% · you sell dearer than you buy
Net, funding: paid 7d − costs−$132as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$700.701% of the position
Funding, last 7 days−0.618%−$62 on $10k
+Price spread, last 3 days (all we have)+0.105%+$10 · spread now +0.023%, 7d avg −0.052%
=Together, before fees−0.513%+ Points / potential airdropedgeX: Active · farm board−$51 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.075% dearer against BingX than usual: you sell high and buy low (spread +0.023% now, against its 7-day average of −0.052%): +$7 on $10k if it goes back. Holding the pair costs −$106 a day in funding at the current rate, which eats that in about 2 hours. At the pace of the last 7 days (−0.618% in total) that is about 20 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.618% in total (about -32.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$17.73 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 | BingX ESP-USDT | 0.09364 | 0.3650 | pay 0.1825% / 4h | 1h 21m | — | $1.7M | — |
| Short | edgeX ESPUSDC | 0.09366 | 0.0105 | get 0.0052% / 4h | 1h 21m | $28K | $269K | 10x |
BingX ESP-USDT
edgeX ESPUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against BingX. 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
- −$744.47
- Price spread: +0.023% → −0.052%
- $7.49
- Slippage, 4 orders
- −$51.06
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$807.05
- Costs to cover
- 0.701%
- Break-even
- never at this rate
Slippage from BingX: live order book, 11 min ago; edgeX: live order book, 62 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 BingX live order book, 11 min ago | 6.41 bp | 23.4 bp −$23 | 67.8 bp −$678 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 62 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 | 0.09369 | +0.057% | $4K | $24K | 5x | as long as short |
| Binance ESPUSDT | +0.0100% | 4h | 0.09370 | +0.060% | $2.4M | $4.2M | 25x | as long as short |
| OKX ESP-USDT-SWAP | +0.0100% | 4h | 0.09369 | +0.053% | $592K | $1.3M | 20x | as long as short |
| Gate ESP_USDT | +0.0100% | 8h | 0.09370 | +0.064% | $169K | $612K | 50x | as long as short |
| MEXC ESP_USDT | +0.0100% | 4h | 0.09369 | +0.053% | $1.2M | $105K | 20x | as long as short |
| KuCoin ESPUSDTM | +0.0100% | 4h | 0.09371 | +0.075% | $1.5M | $52K | 25x | as long as short |
| Bitget ESPUSDT | +0.0100% | 4h | 0.09374 | +0.112% | $955K | $123K | 20x | as long as short |
| edgeX ESPUSDCshort | +0.0105% | 4h | 0.09366 | +0.023% | $28K | $269K | 10x | |
| BloFin ESP-USDT | +0.0116% | 4h | 0.09374 | +0.107% | $121K | $35K | 25x | as long as short |
| BingX ESP-USDTlong | +0.3650% | 4h | 0.09364 | long leg | — | $1.7M | — |
Aster ESPUSDT
Binance ESPUSDT
OKX ESP-USDT-SWAP
Gate ESP_USDT
MEXC ESP_USDT
KuCoin ESPUSDTM
Bitget ESPUSDT
BloFin ESP-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ESPUSDT | +0.3671% | 4h | 0.09347 | −0.182% | $1.1M | $587K | 50x | as long as short |
Bybit ESPUSDT