Funding you earn now, next payment 04:00 UTC−0.0025%/8h= −2.7% APRnext payment −$0.12 per $10,000 · paid last 24h +0.001%
Price spread now: BloFin against edgeX+0.092%7-day average +0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$600.602% of the position
Funding, last 7 days+0.035%+$3 on $10k
+Price spread, last 4 days (all we have)+0.303%+$30 · spread now +0.092%, 7d avg +0.043%
=Together, before fees+0.338%+ Points / potential airdropedgeX: Active · farm board+$34 on $10k · with fees, hour by hour
The price spread pays, funding is against you. BloFin is 0.049% dearer against edgeX than usual: you sell high and buy low (spread +0.092% now, against its 7-day average of +0.043%): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 6.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX ESPUSDC | 0.09376 | 0.0108 | pay 0.0054% / 4h | 28m 40s | $29K | $268K | 10x |
| Short | BloFin ESP-USDT | 0.09385 | 0.0083 | get 0.0042% / 4h | 28m 40s | $124K | $33K | 25x |
edgeX ESPUSDC
BloFin ESP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$5.16
- Price spread: +0.092% → +0.043%
- $4.9
- Slippage, 4 orders
- −$39.15
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$60.41
- Costs to cover
- 0.602%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 29 min ago; BloFin: live order book, 67 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, 29 min ago | 4.29 bp | 12.2 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 67 min ago | 0.53 bp | 15.9 bp −$16 | 41.4 bp −$414 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX ESP-USDT | +0.0036% | 4h | 0.09382 | +0.060% | — | $1.7M | — | as long as short |
| BloFin ESP-USDTshort | +0.0083% | 4h | 0.09385 | +0.092% | $124K | $33K | 25x | |
| Aster ESPUSDT | +0.0100% | 4h | 0.09386 | +0.106% | $6K | $18K | 5x | as long as short |
| Binance ESPUSDT | +0.0100% | 4h | 0.09383 | +0.071% | $2.4M | $4.1M | 25x | as long as short |
| OKX ESP-USDT-SWAP | +0.0100% | 4h | 0.09389 | +0.135% | $597K | $1.1M | 20x | as long as short |
| Gate ESP_USDT | +0.0100% | 8h | 0.09387 | +0.113% | $175K | $600K | 50x | as long as short |
| MEXC ESP_USDT | +0.0100% | 4h | 0.09384 | +0.081% | $1.3M | $120K | 20x | as long as short |
| KuCoin ESPUSDTM | +0.0100% | 4h | 0.09386 | +0.103% | $1.5M | $45K | 25x | as long as short |
| Bitget ESPUSDT | +0.0100% | 4h | 0.09383 | +0.069% | $942K | $135K | 20x | as long as short |
| edgeX ESPUSDClong | +0.0108% | 4h | 0.09376 | long leg | $29K | $268K | 10x |
BingX ESP-USDT
Aster ESPUSDT
Binance ESPUSDT
OKX ESP-USDT-SWAP
Gate ESP_USDT
MEXC ESP_USDT
KuCoin ESPUSDTM
Bitget ESPUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ESPUSDT | +0.0264% | 4h | 0.09372 | −0.047% | $1.1M | $614K | 50x | as long as short |
Bybit ESPUSDT