Funding you earn now, next payment 08:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.09 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against edgeX−0.606%110s7-day average +0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$372as 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−$3723.718% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 4 days (all we have)+0.800%+$80 · spread now −0.606%, 7d avg +0.019%
=Together, before fees+0.801%+ Points / potential airdropedgeX: Active · farm board+$80 on $10k · with fees, hour by hour
Funding pays, the price is against you. Binance is 0.625% cheaper against edgeX than usual: you would sell low and buy high (spread −0.606% now, against its 7-day average of +0.019%). If the spread goes back, that is −$62 on $10k: about 4 months of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.001% in total) that is about years. The two prices were read 110 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 ONUSDC | 0.1350 | 0.0082 | pay 0.0041% / 4h | 2h 41m | $9K | $133K | 10x |
| Short | Binance ONUSDT | 0.1342 | 0.0100 | get 0.0050% / 4h | 2h 41m | $5.9M | $3.5M | 50x |
edgeX ONUSDC
Binance ONUSDTFunding 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
- $3.81
- Price spread: −0.606% → +0.019%
- −$62.5
- Slippage, 4 orders
- −$352.78
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$430.47
- Costs to cover
- 3.718%
- Break-even
- 797.1 days
Slippage from edgeX: live order book, 5 min ago; Binance: live order book, 11 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, 5 min ago | 9.26 bp | 153.8 bp −$154 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 11 min ago | 3.71 bp | 32.4 bp −$32 | 283.0 bp −$2,830 | doesn't fit | doesn't fit |
ON on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX ONUSDClong | +0.0082% | 4h | 0.1350 | long leg | $9K | $133K | 10x | |
| Binance ONUSDTshort | +0.0100% | 4h | 0.1342 | −0.606% | $5.9M | $3.5M | 50x | |
| Gate ON_USDT | +0.0100% | 4h | 0.1338 | −0.873% | $298K | $23K | 5x | as long as short |
| MEXC ON_USDT | +0.0100% | 4h | 0.1341 | −0.673% | $1.2M | $429K | 50x | as long as short |
| KuCoin ONUSDTM | +0.0100% | 4h | 0.1340 | −0.725% | $741K | $49K | 50x | as long as short |
| Variational Omni ON | +0.0100% | 4h | 0.1350 | +0.013% | $24K | $6 | — | as long as short |
| BingX ON-USDT | +0.0162% | 4h | 0.1342 | −0.599% | — | $6.6M | — | as long as short |
| Aster ONUSDT | +0.0891% | 4h | 0.1338 | −0.861% | $435K | $30K | 5x | as long as short |
Gate ON_USDT
MEXC ON_USDT
KuCoin ONUSDTM
Variational Omni ON
BingX ON-USDT
Aster ONUSDT