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

ESP

all ESP markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0536%/8h= +58.6% APRnext payment +$2.68 per $10,000 · paid last 24h +0.874%
Price spread now: Bybit against edgeX+0.075%91s7-day average +0.065% · you sell dearer than you buy
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1241.240% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.915%+$92 on $10k
Price spread, last 4 days (all we have)−0.287%−$29 · spread now +0.075%, 7d avg +0.065%
Together, before fees+0.628%+ Points / potential airdropedgeX: Active · farm board+$63 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.065%, so right now this pair is about funding alone: +$16 a day on $10k at the current rate. The two prices were read 91 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX ESPUSDC0.093830.0116pay 0.0058% / 4h1h 20m$29K$267K10x
ShortBybit ESPUSDT0.093900.0652get 0.0326% / 4h1h 20m$1.1M$617K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$112.46
Price spread: +0.075% → +0.065%
$0.98
Slippage, 4 orders
−$103.96
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$10.52
Costs to cover
1.240%
Break-even
7.7 days
Slippage from edgeX: live order book, 43 min ago; Bybit: live order book, 1 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, 43 min ago3.19 bp11.0 bp −$11doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 1 min ago4.26 bp60.4 bp −$60314.6 bp −$3,146doesn'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
BingX ESP-USDT+0.0036%4h0.09401+0.192%$1.7Mas long as short
BloFin ESP-USDT+0.0081%4h0.09398+0.160%$123K$33K25xas long as short
Aster ESPUSDT+0.0100%4h0.09405+0.239%$6K$26K5xas long as short
Binance ESPUSDT+0.0100%4h0.09404+0.224%$2.4M$4.2M25xas long as short
OKX ESP-USDT-SWAP+0.0100%4h0.09406+0.245%$600K$1.1M20xas long as short
Gate ESP_USDT+0.0100%8h0.09407+0.256%$176K$606K50xas long as short
MEXC ESP_USDT+0.0100%4h0.09401+0.192%$1.3M$120K20xas long as short
KuCoin ESPUSDTM+0.0100%4h0.09402+0.203%$1.5M$47K25xas long as short
Bitget ESPUSDT+0.0100%4h0.09404+0.228%$945K$147K20xas long as short
edgeX ESPUSDClong+0.0116%4h0.09383long leg$29K$267K10x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ESPUSDTshort+0.0652%4h0.09390+0.075%$1.1M$617K50x