Funding you earn now, next payment 04:00 UTC−0.0692%/8h= −75.7% APRpaid last 24h +0.079%
Price spread now: edgeX against Bitget−0.122%7-day average +0.130% · you buy dearer than you sell
Net, funding: paid 7d − costs−$195as in the Funding arb table
Net, price: spread back to 7d avg − costs−$220as in the Price arb table
costs, in and out, $10k−$1941.944% of the position
Funding, last 7 days−0.010%−$1 on $10k
+Price spread, last 4 days (all we have)+0.384%+$38 · spread now −0.122%, 7d avg +0.130%
=Together, before fees+0.374%+ Points / potential airdropedgeX: Active · farm board+$37 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$21 a day on $10k at the current rate, and edgeX is 0.252% cheaper against Bitget than usual: you would sell low and buy high (−$25 if the spread goes back to its 7-day average of +0.130%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.010% in total (about -0.5% 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 | Bitget BITOUSDT | 11.542 | 0 | get 0.0000% / 8h | 3h 59m | $728K | $1.3M | 20x |
| Short | edgeX BITOUSDC | 11.528 | −0.0692 | pay 0.0346% / 4h | 3h 59m | $23K | $272K | 10x |
Bitget BITOUSDT
edgeX BITOUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Bitget. 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
- −$145.22
- Price spread: −0.122% → +0.130%
- −$25.16
- Slippage, 4 orders
- −$173.43
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$364.81
- Costs to cover
- 1.944%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 2 min ago; edgeX: live order book, 59 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 Bitget live order book, 2 min ago | 15.16 bp | 72.6 bp −$73 | 127.8 bp −$1,278 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 59 min ago | 17.32 bp | 57.1 bp −$57 | 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 | −0.0692% | 4h | 11.528 | −0.122% | $23K | $272K | 10x | |
| Bybit BITOUSDT | 0.0000% | 8h | 11.546 | +0.035% | $36K | $36K | 25x | as long as short |
| Gate BITO_USDT | 0.0000% | 8h | 11.542 | 0.000% | $29K | $34K | 20x | as long as short |
| Bitget BITOUSDTlong | 0.0000% | 8h | 11.542 | long leg | $728K | $1.3M | 20x | |
| HTX BITO-USDT | 0.0000% | 8h | 11.560 | +0.156% | $5K | $286K | 10x | as long as short |
| Binance BITOUSDT | +0.0795% | 8h | 11.544 | +0.021% | $258K | $2.0M | 25x | as long as short |
| MEXC BITO_USDT | +0.0799% | 8h | 11.540 | −0.017% | $122K | $84K | 20x | as long as short |
Bybit BITOUSDT
Gate BITO_USDT
HTX BITO-USDT
Binance BITOUSDT
MEXC BITO_USDT