Funding you earn now, next payment 04:00 UTC−0.0018%/8h= −2.0% APRnext payment −$0.09 per $10,000 · paid last 24h +0.001%
Price spread now: OKX against edgeX+0.048%7-day average +0.066% · you sell dearer than you buy
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$770.771% of the position
Funding, last 7 days−0.008%−$1 on $10k
+Price spread, last 4 days (all we have)−0.357%−$36 · spread now +0.048%, 7d avg +0.066%
=Together, before fees−0.365%+ Points / potential airdropedgeX: Active · farm board−$36 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.066%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX ESPUSDC | 0.09392 | 0.0118 | pay 0.0059% / 4h | 1h 15m | $29K | $268K | 10x |
| Short | OKX ESP-USDT-SWAP | 0.09397 | 0.0100 | get 0.0050% / 4h | 1h 15m | $594K | $1.1M | 20x |
edgeX ESPUSDC
OKX ESP-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$3.86
- Price spread: +0.048% → +0.066%
- −$1.81
- Slippage, 4 orders
- −$58.14
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$82.81
- Costs to cover
- 0.771%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 47 min ago; OKX: live order book, 1 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, 47 min ago | 3.19 bp | 11.0 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 3.19 bp | 20.7 bp −$21 | doesn't fit | 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 | 0.09388 | −0.048% | — | $1.7M | — | as long as short |
| BloFin ESP-USDT | +0.0058% | 4h | 0.09387 | −0.058% | $124K | $33K | 25x | as long as short |
| Aster ESPUSDT | +0.0100% | 4h | 0.09397 | +0.045% | $6K | $26K | 5x | as long as short |
| Binance ESPUSDT | +0.0100% | 4h | 0.09391 | −0.016% | $2.4M | $4.2M | 25x | as long as short |
| OKX ESP-USDT-SWAPshort | +0.0100% | 4h | 0.09397 | +0.048% | $594K | $1.1M | 20x | |
| Gate ESP_USDT | +0.0100% | 8h | 0.09399 | +0.069% | $175K | $607K | 50x | as long as short |
| MEXC ESP_USDT | +0.0100% | 4h | 0.09390 | −0.026% | $1.3M | $121K | 20x | as long as short |
| KuCoin ESPUSDTM | +0.0100% | 4h | 0.09396 | +0.038% | $1.5M | $47K | 25x | as long as short |
| Bitget ESPUSDT | +0.0100% | 4h | 0.09397 | +0.052% | $944K | $146K | 20x | as long as short |
| edgeX ESPUSDClong | +0.0118% | 4h | 0.09392 | long leg | $29K | $268K | 10x |
BingX ESP-USDT
BloFin ESP-USDT
Aster ESPUSDT
Binance ESPUSDT
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 | +0.0683% | 4h | 0.09381 | −0.122% | $1.1M | $617K | 50x | as long as short |
Bybit ESPUSDT