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−0.0007%/8h= −0.7% APRnext payment $0.03 per $10,000 · paid last 24h +0.001%
Price spread now: Bitget against edgeX+0.182%104s7-day average +0.064% · you sell dearer than you buy
Net, funding: paid 7d − costs−$59as 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)−0.299%−$30 · spread now +0.182%, 7d avg +0.064%
Together, before fees−0.133%+ Points / potential airdropedgeX: Active · farm board−$13 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: Bitget is 0.118% dearer against edgeX than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of +0.064%. The two prices were read 104 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX ESPUSDC0.093720.0106pay 0.0053% / 4h1h 41m$29K$270K10x
ShortBitget ESPUSDT0.093890.0100get 0.0050% / 4h1h 41m$956K$123K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
−$1.37
Price spread: +0.182% → +0.064%
$11.78
Slippage, 4 orders
−$54.27
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$64.85
Costs to cover
0.753%
Break-even
never at this rate
Slippage from edgeX: live order book, 41 min ago; Bitget: live order book, 39 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, 41 min ago3.19 bp10.9 bp −$11doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 39 min ago14.31 bp28.0 bp −$28101.3 bp −$1,013doesn'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
BloFin ESP-USDT+0.0076%4h0.09374+0.020%$121K$35K25xas long as short
Aster ESPUSDT+0.0100%4h0.09382+0.110%$4K$24K5xas long as short
Binance ESPUSDT+0.0100%4h0.09390+0.191%$2.4M$4.2M25xas long as short
OKX ESP-USDT-SWAP+0.0100%4h0.09396+0.255%$593K$1.3M20xas long as short
Gate ESP_USDT+0.0100%8h0.09382+0.105%$169K$607K50xas long as short
MEXC ESP_USDT+0.0100%4h0.09390+0.191%$1.2M$104K20xas long as short
KuCoin ESPUSDTM+0.0100%4h0.09389+0.180%$1.5M$52K25xas long as short
Bitget ESPUSDTshort+0.0100%4h0.09389+0.182%$956K$123K20x
edgeX ESPUSDClong+0.0106%4h0.09372long leg$29K$270K10x
BingX ESP-USDT+0.3600%4h0.09385+0.137%$1.7Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ESPUSDT+0.3896%4h0.09366−0.066%$1.1M$586K50xas long as short