Funding you earn now, next payment 00:00 UTC−0.1438%/8h= −157.5% APRpaid last 24h −0.026%
Price spread now: edgeX against Binance−0.021%80s7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$214as 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−$1861.857% of the position
Funding, last 7 days−0.283%−$28 on $10k
+Price spread, last 2 days (all we have)−0.060%−$6 · spread now −0.021%, 7d avg −0.007%
=Together, before fees−0.344%+ Points / potential airdropedgeX: Active · farm board−$34 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.007%, so right now this pair is about funding alone: −$43 a day on $10k at the current rate. The two prices were read 80 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.283% in total (about -14.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BITOUSDT | 11.676 | 0.0766 | pay 0.0766% / 8h | 48m 10s | $264K | $2.0M | 25x |
| Short | edgeX BITOUSDC | 11.674 | −0.0672 | pay 0.0336% / 4h | 48m 10s | $24K | $267K | 10x |
Binance BITOUSDT
edgeX BITOUSDCFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$302.06
- Price spread: −0.021% → −0.007%
- −$1.32
- Slippage, 4 orders
- −$166.69
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$489.07
- Costs to cover
- 1.857%
- Break-even
- never at this rate
Slippage from Binance: live order book, 16 min ago; edgeX: live order book, 29 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 Binance live order book, 16 min ago | 8.58 bp | 35.5 bp −$35 | 158.4 bp −$1,584 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 29 min ago | 17.14 bp | 64.9 bp −$65 | doesn't fit | doesn't fit | doesn't fit |
BITO on 7 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 BITOUSDCshort | −0.0672% | 4h | 11.674 | −0.021% | $24K | $267K | 10x | |
| Bybit BITOUSDT | 0.0000% | 8h | 11.666 | −0.085% | $37K | $38K | 25x | as long as short |
| Gate BITO_USDT | 0.0000% | 8h | 11.649 | −0.231% | $29K | $30K | 20x | as long as short |
| Bitget BITOUSDT | 0.0000% | 8h | 11.635 | −0.351% | $760K | $746K | 20x | as long as short |
| HTX BITO-USDT | 0.0000% | 8h | 11.680 | +0.035% | $5K | $283K | 10x | as long as short |
| MEXC BITO_USDT | +0.0765% | 8h | 11.640 | −0.308% | $123K | $84K | 20x | as long as short |
| Binance BITOUSDTlong | +0.0766% | 8h | 11.676 | long leg | $264K | $2.0M | 25x |
Bybit BITOUSDT
Gate BITO_USDT
Bitget BITOUSDT
HTX BITO-USDT
MEXC BITO_USDT