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

ESP

all ESP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0007%/8h= −0.8% APRnext payment $0.04 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against edgeX+0.058%60s7-day average +0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$630.632% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.015%+$2 on $10k
Price spread, last 3 days (all we have)−0.190%−$19 · spread now +0.058%, 7d avg +0.031%
Together, before fees−0.175%+ Points / potential airdropedgeX: Active · farm board−$17 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: Binance is 0.027% dearer against edgeX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.031%. The two prices were read 60 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX ESPUSDC0.094160.0107pay 0.0054% / 4h3h 20m$29K$270K10x
ShortBinance ESPUSDT0.094210.0100get 0.0050% / 4h3h 20m$2.4M$4.2M25x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$1.54
Price spread: +0.058% → +0.031%
$2.7
Slippage, 4 orders
−$44.18
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Binance: 5 bp × 2 orders
−$10
Net
−$62.02
Costs to cover
0.632%
Break-even
never at this rate
Slippage from edgeX: live order book, 52 min ago; Binance: live order book, 2 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 edgeX live order book, 52 min ago3.19 bp11.3 bp −$11doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 2 min ago0.53 bp21.6 bp −$2265.2 bp −$652doesn'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%4h0.09416+0.004%$4K$24K5xas long as short
Binance ESPUSDTshort+0.0100%4h0.09421+0.058%$2.4M$4.2M25x
OKX ESP-USDT-SWAP+0.0100%4h0.09421+0.055%$598K$1.2M20xas long as short
Gate ESP_USDT+0.0100%8h0.09422+0.066%$179K$612K50xas long as short
MEXC ESP_USDT+0.0100%4h0.09421+0.055%$1.2M$111K20xas long as short
KuCoin ESPUSDTM+0.0100%4h0.09423+0.077%$1.5M$51K25xas long as short
Bitget ESPUSDT+0.0100%4h0.09421+0.052%$949K$148K20xas long as short
edgeX ESPUSDClong+0.0107%4h0.09416long leg$29K$270K10x
BloFin ESP-USDT+0.0151%4h0.09420+0.045%$122K$34K25xas long as short
Bybit ESPUSDT+0.1778%4h0.09404−0.125%$1.1M$599K50xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ESP-USDT+0.2256%4h0.09418+0.024%$1.7Mas long as short