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+0.0004%/8h= +0.4% APRnext payment +$0.02 per $10,000 · paid last 24h −0.001%
Price spread now: edgeX against OKX−0.107%7-day average −0.066% · you buy dearer than you sell
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$800.799% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.008%+$1 on $10k
Price spread, last 4 days (all we have)+0.277%+$28 · spread now −0.107%, 7d avg −0.066%
Together, before fees+0.286%+ Points / potential airdropedgeX: Active · farm board+$29 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 0.042% cheaper against OKX than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.066%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ESP-USDT-SWAP0.093910.0100pay 0.0050% / 4h3m 22s$594K$1.1M20x
ShortedgeX ESPUSDC0.093810.0104get 0.0052% / 4h3m 22s$29K$267K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against OKX. 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
$0.82
Price spread: −0.107% → −0.066%
−$4.15
Slippage, 4 orders
−$60.9
Fee OKX: 5 bp × 2 orders
−$10
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$83.23
Costs to cover
0.799%
Break-even
714.7 days
Slippage from OKX: live order book, 3 min ago; edgeX: live order book, 54 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 OKX live order book, 3 min ago0.53 bp33.3 bp −$33561.7 bp −$5,617doesn't fitdoesn't fit
Sell edgeX live order book, 54 min ago4.29 bp12.0 bp −$12doesn'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
BingX ESP-USDT+0.0036%4h0.09384−0.075%$1.7Mas long as short
Aster ESPUSDT+0.0100%4h0.09387−0.046%$6K$18K5xas long as short
Binance ESPUSDT+0.0100%4h0.09389−0.021%$2.4M$4.1M25xas long as short
OKX ESP-USDT-SWAPlong+0.0100%4h0.09391long leg$594K$1.1M20x
Gate ESP_USDT+0.0100%8h0.09392+0.011%$174K$607K50xas long as short
MEXC ESP_USDT+0.0100%4h0.09389−0.021%$1.3M$123K20xas long as short
KuCoin ESPUSDTM+0.0100%4h0.09389−0.021%$1.5M$45K25xas long as short
Bitget ESPUSDT+0.0100%4h0.09388−0.032%$943K$136K20xas long as short
Bybit ESPUSDT+0.0101%4h0.09380−0.117%$1.1M$609K50xas long as short
edgeX ESPUSDCshort+0.0104%4h0.09381−0.107%$29K$267K10x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin ESP-USDT+0.0112%4h0.09390−0.011%$124K$33K25xas long as short