Funding you earn now, next payment 00:00 UTC−0.3889%/8h= −425.8% APRnext payment −$19.44 per $10,000 · paid last 24h −0.774%
Price spread now: edgeX against Bybit+0.101%91s7-day average −0.079% · you sell dearer than you buy
Net, funding: paid 7d − costs−$196as 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−$1151.148% of the position
Funding, last 7 days−0.814%−$81 on $10k
+Price spread, last 3 days (all we have)−0.060%−$6 · spread now +0.101%, 7d avg −0.079%
=Together, before fees−0.874%+ Points / potential airdropedgeX: Active · farm board−$87 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.179% dearer against Bybit than usual: you sell high and buy low (spread +0.101% now, against its 7-day average of −0.079%): +$18 on $10k if it goes back. Holding the pair costs −$117 a day in funding at the current rate, which eats that in about 4 hours. At the pace of the last 7 days (−0.814% in total) that is about 37 hours. The two prices were read 91 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 -0.814% in total (about -42.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$19.44 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 | Bybit ESPUSDT | 0.09366 | 0.3996 | pay 0.1998% / 4h | 1h 40m | $1.1M | $586K | 50x |
| Short | edgeX ESPUSDC | 0.09375 | 0.0107 | get 0.0054% / 4h | 1h 40m | $29K | $268K | 10x |
Bybit ESPUSDT
edgeX ESPUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Bybit. 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
- −$816.59
- Price spread: +0.101% → −0.079%
- $17.92
- Slippage, 4 orders
- −$94.78
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$913.45
- Costs to cover
- 1.148%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; edgeX: live order book, 43 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 Bybit live order book, 1 min ago | 4.27 bp | 39.0 bp −$39 | 282.1 bp −$2,821 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 43 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ESP-USDT | +0.0080% | 4h | 0.09391 | +0.267% | $121K | $35K | 25x | as long as short |
| Aster ESPUSDT | +0.0100% | 4h | 0.09385 | +0.207% | $4K | $24K | 5x | as long as short |
| Binance ESPUSDT | +0.0100% | 4h | 0.09389 | +0.245% | $2.4M | $4.2M | 25x | as long as short |
| OKX ESP-USDT-SWAP | +0.0100% | 4h | 0.09395 | +0.310% | $594K | $1.3M | 20x | as long as short |
| Gate ESP_USDT | +0.0100% | 8h | 0.09389 | +0.246% | $169K | $607K | 50x | as long as short |
| MEXC ESP_USDT | +0.0100% | 4h | 0.09389 | +0.246% | $1.2M | $104K | 20x | as long as short |
| KuCoin ESPUSDTM | +0.0100% | 4h | 0.09391 | +0.267% | $1.5M | $52K | 25x | as long as short |
| Bitget ESPUSDT | +0.0100% | 4h | 0.09392 | +0.275% | $957K | $123K | 20x | as long as short |
| edgeX ESPUSDCshort | +0.0107% | 4h | 0.09375 | +0.101% | $29K | $268K | 10x | |
| BingX ESP-USDT | +0.3600% | 4h | 0.09385 | +0.203% | — | $1.7M | — | as long as short |
BloFin ESP-USDT
Aster ESPUSDT
Binance ESPUSDT
OKX ESP-USDT-SWAP
Gate ESP_USDT
MEXC ESP_USDT
KuCoin ESPUSDTM
Bitget ESPUSDT
BingX ESP-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ESPUSDTlong | +0.3996% | 4h | 0.09366 | long leg | $1.1M | $586K | 50x |