Settings8H · net · $10k
Funding arb · Price arb /

ESP

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Alert: funding
Alert: spread
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 Bitget−0.209%94s7-day average −0.065% · you buy dearer than you sell
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$750.753% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.166%−$17 on $10k
Price spread, last 3 days (all we have)+0.359%+$36 · spread now −0.209%, 7d avg −0.065%
Together, before fees+0.194%+ Points / potential airdropedgeX: Active · farm board+$19 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 0.145% cheaper against Bitget than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of −0.065%. The two prices were read 94 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ESPUSDT0.093920.0100pay 0.0050% / 4h1h 56m$957K$123K20x
ShortedgeX ESPUSDC0.093720.0104get 0.0052% / 4h1h 56m$29K$268K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Bitget. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0.86
Price spread: −0.209% → −0.065%
−$14.47
Slippage, 4 orders
−$54.27
Fee Bitget: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$88.87
Costs to cover
0.753%
Break-even
729.6 days
Slippage from Bitget: live order book, 25 min ago; edgeX: live order book, 27 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 25 min ago14.31 bp25.5 bp −$2594.0 bp −$940doesn't fitdoesn't fit
Sell edgeX live order book, 27 min ago3.19 bp10.9 bp −$11doesn't fitdoesn't fitdoesn't fit

ESP on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ESPUSDT+0.0100%4h0.09376−0.170%$4K$24K5xas long as short
Binance ESPUSDT+0.0100%4h0.09383−0.094%$2.4M$4.2M25xas long as short
OKX ESP-USDT-SWAP+0.0100%4h0.09384−0.083%$593K$1.3M20xas long as short
Gate ESP_USDT+0.0100%8h0.09377−0.158%$169K$603K50xas long as short
MEXC ESP_USDT+0.0100%4h0.09383−0.094%$1.2M$103K20xas long as short
KuCoin ESPUSDTM+0.0100%4h0.09391−0.009%$1.5M$52K25xas long as short
Bitget ESPUSDTlong+0.0100%4h0.09392long leg$957K$123K20x
edgeX ESPUSDCshort+0.0104%4h0.09372−0.209%$29K$268K10x
BloFin ESP-USDT+0.0112%4h0.09372−0.211%$120K$35K25xas long as short
BingX ESP-USDT+0.3690%4h0.09380−0.126%$1.6Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ESPUSDT+0.3792%4h0.09366−0.275%$1.1M$583K50xas long as short