Funding you earn now, next payment 08:00 UTC−0.0017%/8h= −1.9% APRnext payment −$0.09 per $10,000 · paid last 24h −0.003%
Price spread now: Binance against edgeX−0.049%7-day average +0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$720.723% of the position
Funding, last 7 days−0.019%−$2 on $10k
+Price spread, last 4 days (all we have)−0.020%−$2 · spread now −0.049%, 7d avg +0.013%
=Together, before fees−0.039%+ Points / potential airdropedgeX: Active · farm board−$4 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Binance is 0.062% cheaper against edgeX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.013%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX EULUSDC | 1.4324 | 0.0117 | pay 0.0059% / 4h | 3h 13m | $17K | $274K | 10x |
| Short | Binance EULUSDT | 1.4316 | 0.0100 | get 0.0050% / 4h | 3h 13m | $3.3M | $5.2M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- −$3.58
- Price spread: −0.049% → +0.013%
- −$6.22
- Slippage, 4 orders
- −$53.35
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$82.15
- Costs to cover
- 0.723%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 39 min ago; Binance: live order book, 9 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, 39 min ago | 5.90 bp | 14.7 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 1.75 bp | 23.1 bp −$23 | 120.2 bp −$1,202 | doesn't fit | doesn't fit |
EUL on 12 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 EUL-USDT | +0.0071% | 4h | 1.4324 | +0.003% | $308K | $8K | 25x | as long as short |
| Aster EULUSDT | +0.0100% | 4h | 1.4325 | +0.009% | $37K | $7K | 5x | as long as short |
| Binance EULUSDTshort | +0.0100% | 4h | 1.4316 | −0.049% | $3.3M | $5.2M | 25x | |
| Bybit EULUSDT | +0.0100% | 4h | 1.4322 | −0.011% | $1.6M | $1.3M | 25x | as long as short |
| Gate EUL_USDT | +0.0100% | 4h | 1.4335 | +0.080% | $318K | $726K | 25x | as long as short |
| MEXC EUL_USDT | +0.0100% | 4h | 1.4315 | −0.059% | $484K | $125K | 20x | as long as short |
| Bitget EULUSDT | +0.0100% | 4h | 1.4330 | +0.045% | $2.2M | $304K | 25x | as long as short |
| BingX EUL-USDT | +0.0100% | 4h | 1.4319 | −0.031% | — | $6.5M | — | as long as short |
| Variational Omni EUL | +0.0100% | 4h | 1.4319 | −0.032% | $12K | $1K | — | as long as short |
| edgeX EULUSDClong | +0.0117% | 4h | 1.4324 | long leg | $17K | $274K | 10x |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX EUL-USDT | +0.0137% | 4h | 1.4371 | +0.332% | $131K | $44K | 10x | as long as short |
| KuCoin EULUSDTM | +0.0516% | 4h | 1.4343 | +0.136% | $312K | $52K | 25x | as long as short |
edgeX EULUSDC
Binance EULUSDT
BloFin EUL-USDT
Aster EULUSDT
Bybit EULUSDT
Gate EUL_USDT
MEXC EUL_USDT
Bitget EULUSDT
BingX EUL-USDT
Variational Omni EUL
HTX EUL-USDT
KuCoin EULUSDTM