Funding you earn now, next payment 00:00 UTC+0.2455%/8h= +268.8% APRnext payment +$12.27 per $10,000 · paid last 24h +0.406%
Price spread now: BingX against edgeX+0.081%7-day average +0.052% · you sell dearer than you buy
Net, funding: paid 7d − costs−$2as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$640.641% of the position
Funding, last 7 days+0.618%+$62 on $10k
+Price spread, last 3 days (all we have)−0.172%−$17 · spread now +0.081%, 7d avg +0.052%
=Together, before fees+0.446%+ Points / potential airdropedgeX: Active · farm board+$45 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$74 a day on $10k at the current rate, and BingX is 0.029% dearer against edgeX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.052%.
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 +$12.27 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 | edgeX ESPUSDC | 0.09385 | 0.0109 | pay 0.0055% / 4h | 35m 29s | $29K | $270K | 10x |
| Short | BingX ESP-USDT | 0.09393 | 0.2564 | get 0.1282% / 4h | 35m 29s | — | $1.7M | — |
edgeX ESPUSDC
BingX ESP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against edgeX. 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
- $515.51
- Price spread: +0.081% → +0.052%
- $2.91
- Slippage, 4 orders
- −$45.13
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $454.29
- Costs to cover
- 0.641%
- Break-even
- 0.8 days
Slippage from edgeX: live order book, 42 min ago; BingX: live order book, 11 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 edgeX live order book, 42 min ago | 3.20 bp | 11.0 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 11 min ago | 4.25 bp | 18.2 bp −$18 | 51.0 bp −$510 | 545.7 bp −$54.6K | 1182.3 bp −$591.2K |
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 | 0.09391 | +0.065% | $4K | $24K | 5x | as long as short |
| Binance ESPUSDT | +0.0100% | 4h | 0.09392 | +0.074% | $2.4M | $4.2M | 25x | as long as short |
| OKX ESP-USDT-SWAP | +0.0100% | 4h | 0.09406 | +0.220% | $594K | $1.3M | 20x | as long as short |
| Gate ESP_USDT | +0.0100% | 8h | 0.09396 | +0.113% | $169K | $609K | 50x | as long as short |
| MEXC ESP_USDT | +0.0100% | 4h | 0.09385 | −0.004% | $1.2M | $105K | 20x | as long as short |
| KuCoin ESPUSDTM | +0.0100% | 4h | 0.09392 | +0.071% | $1.5M | $52K | 25x | as long as short |
| Bitget ESPUSDT | +0.0100% | 4h | 0.09401 | +0.170% | $958K | $126K | 20x | as long as short |
| edgeX ESPUSDClong | +0.0109% | 4h | 0.09385 | long leg | $29K | $270K | 10x | |
| BloFin ESP-USDT | +0.0143% | 4h | 0.09389 | +0.039% | $120K | $35K | 25x | as long as short |
| BingX ESP-USDTshort | +0.2564% | 4h | 0.09393 | +0.081% | — | $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 | +0.2582% | 4h | 0.09362 | −0.249% | $1.1M | $589K | 50x | as long as short |
Bybit ESPUSDT