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
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX BITOUSDC | 11.553 | −0.0793 | get 0.0397% / 4h | 3h 55m | $24K | $270K | 10x |
| Short | Binance BITOUSDT | 11.556 | 0.0803 | get 0.0803% / 8h | 3h 55m | $259K | $2.0M | 25x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy edgeX live order book, 62 min ago | 17.32 bp | 41.9 bp −$42 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 4.34 bp | 34.2 bp −$34 | 138.2 bp −$1,382 | 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 BITOUSDClong | −0.0793% | 4h | 11.553 | long leg | $24K | $270K | 10x | |
| Bybit BITOUSDT | 0.0000% | 8h | 11.539 | −0.121% | $36K | $36K | 25x | as long as short |
| Gate BITO_USDT | 0.0000% | 8h | 11.540 | −0.112% | $29K | $34K | 20x | as long as short |
| Bitget BITOUSDT | 0.0000% | 8h | 11.542 | −0.095% | $728K | $1.3M | 20x | as long as short |
| HTX BITO-USDT | 0.0000% | 8h | 11.560 | +0.061% | $5K | $286K | 10x | as long as short |
| MEXC BITO_USDT | +0.0800% | 8h | 11.540 | −0.112% | $122K | $84K | 20x | as long as short |
| Binance BITOUSDTshort | +0.0803% | 8h | 11.556 | +0.023% | $259K | $2.0M | 25x |
edgeX BITOUSDC
Binance BITOUSDT
Bybit BITOUSDT
Gate BITO_USDT
Bitget BITOUSDT
HTX BITO-USDT
MEXC BITO_USDT