Funding you earn now, next payment 08:00 UTC−0.0020%/8h= −2.2% APRnext payment −$0.10 per $10,000 · paid last 24h −0.003%
Price spread now: Bybit against edgeX+0.179%111s7-day average +0.101% · you sell dearer than you buy
Net, funding: paid 7d − costs−$114as 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−$1191.190% of the position
Funding, last 7 days+0.051%+$5 on $10k
+Price spread, last 4 days (all we have)−0.138%−$14 · spread now +0.179%, 7d avg +0.101%
=Together, before fees−0.087%+ Points / potential airdropedgeX: Active · farm board−$9 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bybit is 0.078% dearer against edgeX than usual: you sell high and buy low (spread +0.179% now, against its 7-day average of +0.101%): +$8 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 13 days. Mind the row above: over the last 7 days funding on this pair paid +0.051%, so the current rate has only just turned against you. The two prices were read 111 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 | edgeX EULUSDC | 1.3778 | 0.0120 | pay 0.0060% / 4h | 1h 03m | $16K | $273K | 10x |
| Short | Bybit EULUSDT | 1.3803 | 0.0100 | get 0.0050% / 4h | 1h 03m | $1.6M | $1.5M | 25x |
edgeX EULUSDC
Bybit EULUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$4.15
- Price spread: +0.179% → +0.101%
- $7.8
- Slippage, 4 orders
- −$98.96
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$115.31
- Costs to cover
- 1.190%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 39 min ago; Bybit: live order book, 3 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 | 7.42 bp | 15.8 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 1.81 bp | 47.1 bp −$47 | 531.6 bp −$5,316 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster EULUSDT | +0.0100% | 4h | 1.3782 | +0.027% | $35K | $14K | 5x | as long as short |
| Binance EULUSDT | +0.0100% | 4h | 1.3788 | +0.071% | $3.1M | $6.6M | 25x | as long as short |
| Bybit EULUSDTshort | +0.0100% | 4h | 1.3803 | +0.179% | $1.6M | $1.5M | 25x | |
| Gate EUL_USDT | +0.0100% | 4h | 1.3800 | +0.157% | $301K | $795K | 25x | as long as short |
| MEXC EUL_USDT | +0.0100% | 4h | 1.3788 | +0.070% | $462K | $146K | 20x | as long as short |
| Bitget EULUSDT | +0.0100% | 4h | 1.3830 | +0.375% | $2.1M | $488K | 25x | as long as short |
| BingX EUL-USDT | +0.0100% | 4h | 1.3794 | +0.114% | — | $6.6M | — | as long as short |
| Variational Omni EUL | +0.0100% | 4h | 1.3803 | +0.180% | $11K | $1K | — | as long as short |
| BloFin EUL-USDT | +0.0107% | 4h | 1.3779 | +0.005% | $293K | $10K | 25x | as long as short |
| edgeX EULUSDClong | +0.0120% | 4h | 1.3778 | long leg | $16K | $273K | 10x |
Aster EULUSDT
Binance EULUSDT
Gate EUL_USDT
MEXC EUL_USDT
Bitget EULUSDT
BingX EUL-USDT
Variational Omni EUL
BloFin EUL-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX EUL-USDT | +0.0288% | 4h | 1.3829 | +0.368% | $126K | $48K | 10x | as long as short |
| KuCoin EULUSDTM | +0.0464% | 4h | 1.3821 | +0.310% | $304K | $101K | 25x | as long as short |
HTX EUL-USDT
KuCoin EULUSDTM