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

ESP

all ESP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0002%/8h= +0.2% APRpaid last 24h −0.001%
Price spread now: edgeX against Gate−0.138%52s7-day average −0.076% · you buy dearer than you sell
Net, funding: paid 7d − costs−$164as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1831.833% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.190%+$19 on $10k
Price spread, last 3 days (all we have)+0.258%+$26 · spread now −0.138%, 7d avg −0.076%
Together, before fees+0.448%+ Points / potential airdropedgeX: Active · farm board+$45 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: edgeX is 0.063% cheaper against Gate than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.076%. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ESP_USDT0.094060.0100pay 0.0100% / 8h1h 00m$169K$616K50x
ShortedgeX ESPUSDC0.093930.0102get 0.0051% / 4h1h 00m$29K$270K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Gate. 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
$0.42
Price spread: −0.138% → −0.076%
−$6.27
Slippage, 4 orders
−$159.28
Fee Gate: 7.5 bp × 2 orders
−$15
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$189.13
Costs to cover
1.833%
Break-even
3191.0 days
Slippage from Gate: live order book, 15 min ago; edgeX: live order book, 17 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 Gate live order book, 15 min ago11.21 bp84.3 bp −$84doesn't fitdoesn't fitdoesn't fit
Sell edgeX live order book, 17 min ago3.20 bp11.0 bp −$11doesn't fitdoesn'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+0.0051%4h0.09390−0.170%$120K$35K25xas long as short
Aster ESPUSDT+0.0100%4h0.09399−0.069%$4K$24K5xas long as short
Binance ESPUSDT+0.0100%4h0.09400−0.064%$2.4M$4.2M25xas long as short
OKX ESP-USDT-SWAP+0.0100%4h0.09403−0.032%$593K$1.3M20xas long as short
Gate ESP_USDTlong+0.0100%8h0.09406long leg$169K$616K50x
MEXC ESP_USDT+0.0100%4h0.09399−0.074%$1.2M$106K20xas long as short
KuCoin ESPUSDTM+0.0100%4h0.09393−0.138%$1.5M$52K25xas long as short
Bitget ESPUSDT+0.0100%4h0.09399−0.071%$957K$122K20xas long as short
edgeX ESPUSDCshort+0.0102%4h0.09393−0.138%$29K$270K10x
BingX ESP-USDT+0.2842%4h0.09395−0.117%$1.7Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ESPUSDT+0.2938%4h0.09378−0.298%$1.1M$586K50xas long as short