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

BITO

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.1596%/8h= +174.7% APRpaid last 24h +0.001%
Price spread now: Binance against edgeX+0.023%7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$146as in the Funding arb table
Net, price: spread back to 7d avg − costs−$171as in the Price arb table
costs, in and out, $10k−$1721.720% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.256%+$26 on $10k
Price spread, last 4 days (all we have)−0.070%−$7 · spread now +0.023%, 7d avg +0.012%
Together, before fees+0.185%+ Points / potential airdropedgeX: Active · farm board+$19 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.012%, so right now this pair is about funding alone: +$48 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.256% in total (about 13.3% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX BITOUSDC11.553−0.0793get 0.0397% / 4h3h 55m$24K$270K10x
ShortBinance BITOUSDT11.5560.0803get 0.0803% / 8h3h 55m$259K$2.0M25x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$335.14
Price spread: +0.023% → +0.012%
$1.02
Slippage, 4 orders
−$152.99
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Binance: 5 bp × 2 orders
−$10
Net
$164.17
Costs to cover
1.720%
Break-even
3.6 days
Slippage from edgeX: live order book, 62 min ago; Binance: live order book, 9 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy edgeX live order book, 62 min ago17.32 bp41.9 bp −$42doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 9 min ago4.34 bp34.2 bp −$34138.2 bp −$1,382doesn't fitdoesn't fit

BITO on 7 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 BITOUSDClong−0.0793%4h11.553long leg$24K$270K10x
Bybit BITOUSDT0.0000%8h11.539−0.121%$36K$36K25xas long as short
Gate BITO_USDT0.0000%8h11.540−0.112%$29K$34K20xas long as short
Bitget BITOUSDT0.0000%8h11.542−0.095%$728K$1.3M20xas long as short
HTX BITO-USDT0.0000%8h11.560+0.061%$5K$286K10xas long as short
MEXC BITO_USDT+0.0800%8h11.540−0.112%$122K$84K20xas long as short
Binance BITOUSDTshort+0.0803%8h11.556+0.023%$259K$2.0M25x