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 − costs—prices read too far apart to compare
costs, in and out, $10k−$1831.833% of the position
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ESP_USDT | 0.09406 | 0.0100 | pay 0.0100% / 8h | 1h 00m | $169K | $616K | 50x |
| Short | edgeX ESPUSDC | 0.09393 | 0.0102 | get 0.0051% / 4h | 1h 00m | $29K | $270K | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Gate live order book, 15 min ago | 11.21 bp | 84.3 bp −$84 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 17 min ago | 3.20 bp | 11.0 bp −$11 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ESP-USDT | +0.0051% | 4h | 0.09390 | −0.170% | $120K | $35K | 25x | as long as short |
| Aster ESPUSDT | +0.0100% | 4h | 0.09399 | −0.069% | $4K | $24K | 5x | as long as short |
| Binance ESPUSDT | +0.0100% | 4h | 0.09400 | −0.064% | $2.4M | $4.2M | 25x | as long as short |
| OKX ESP-USDT-SWAP | +0.0100% | 4h | 0.09403 | −0.032% | $593K | $1.3M | 20x | as long as short |
| Gate ESP_USDTlong | +0.0100% | 8h | 0.09406 | long leg | $169K | $616K | 50x | |
| MEXC ESP_USDT | +0.0100% | 4h | 0.09399 | −0.074% | $1.2M | $106K | 20x | as long as short |
| KuCoin ESPUSDTM | +0.0100% | 4h | 0.09393 | −0.138% | $1.5M | $52K | 25x | as long as short |
| Bitget ESPUSDT | +0.0100% | 4h | 0.09399 | −0.071% | $957K | $122K | 20x | as long as short |
| edgeX ESPUSDCshort | +0.0102% | 4h | 0.09393 | −0.138% | $29K | $270K | 10x | |
| BingX ESP-USDT | +0.2842% | 4h | 0.09395 | −0.117% | — | $1.7M | — | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ESPUSDT | +0.2938% | 4h | 0.09378 | −0.298% | $1.1M | $586K | 50x | as long as short |
Gate ESP_USDT
edgeX ESPUSDC
BloFin ESP-USDT
Aster ESPUSDT
Binance ESPUSDT
OKX ESP-USDT-SWAP
MEXC ESP_USDT
KuCoin ESPUSDTM
Bitget ESPUSDT
BingX ESP-USDT
Bybit ESPUSDT