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

ON

all ON markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0007%/8h= −0.8% APRnext payment $0.04 per $10,000 · paid last 24h −0.004%
Price spread now: edgeX against Binance−0.194%70s7-day average −0.016% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.007%−$1 on $10k
Price spread, last 4 days (all we have)−1.269%−$127 · spread now −0.194%, 7d avg −0.016%
Together, before fees−1.276%+ Points / potential airdropedgeX: Active · farm board−$128 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 0.177% cheaper against Binance than usual: you would sell low and buy high, −$18 on $10k if it goes back to its 7-day average of −0.016%. The two prices were read 70 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ONUSDT0.13630.0100pay 0.0050% / 4h2h 30m$5.9M$3.9M50x
ShortedgeX ONUSDC0.13610.0093get 0.0046% / 4h2h 30m$7K$133K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Binance. 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
−$1.56
Price spread: −0.194% → −0.016%
−$17.72
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$38.28
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 8 min ago; edgeX: live order book, 36 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 8 min ago7.38 bp42.2 bp −$42237.5 bp −$2,375doesn't fitdoesn't fit
Sell edgeX live order book, 36 min ago9.25 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

ON on 8 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
edgeX ONUSDCshort+0.0093%4h0.1361−0.194%$7K$133K10x
Binance ONUSDTlong+0.0100%4h0.1363long leg$5.9M$3.9M50x
Gate ON_USDT+0.0100%4h0.1362−0.125%$304K$33K5xas long as short
MEXC ON_USDT+0.0100%4h0.1363−0.022%$1.1M$407K50xas long as short
KuCoin ONUSDTM+0.0100%4h0.1362−0.096%$751K$53K50xas long as short
BingX ON-USDT+0.0100%4h0.1363−0.022%$6.6Mas long as short
Variational Omni ON+0.0100%4h0.1363−0.001%$25K$7Kas long as short
Aster ONUSDT+0.0364%4h0.1358−0.358%$443K$30K5xas long as short