Funding you earn now, next payment 08:00 UTC−0.0704%/8h= −77.1% APRpaid last 24h −0.039%
Price spread now: Bybit against edgeX−0.087%61s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$21 a day on $10k at the current rate, and Bybit is 0.087% cheaper against edgeX than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 61 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 BITOUSDC | 11.503 | 0.0704 | pay 0.0352% / 4h | 1h 36m | $23K | $271K | 10x |
| Short | Bybit BITOUSDT | 11.493 | 0 | get 0.0000% / 8h | 1h 36m | $35K | $38K | 25x |
edgeX BITOUSDC
Bybit BITOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$147.83
- Price spread: −0.087% → 0.000%
- −$8.68
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$176.51
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: edgeX: live order book, 6 min ago; Bybit: no order-book sample. Net counts fees only.
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, 6 min ago | 17.39 bp | 42.7 bp −$43 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit no order-book sample | — | — | — | — | — |
Bybit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit BITOUSDTshort | 0.0000% | 8h | 11.493 | −0.087% | $35K | $38K | 25x | |
| Gate BITO_USDT | 0.0000% | 8h | 11.501 | −0.017% | $29K | $34K | 20x | as long as short |
| Bitget BITOUSDT | 0.0000% | 8h | 11.499 | −0.035% | $1.2M | $1.3M | 20x | as long as short |
| HTX BITO-USDT | 0.0000% | 8h | 11.510 | +0.061% | $5K | $286K | 10x | as long as short |
| edgeX BITOUSDClong | +0.0704% | 4h | 11.503 | long leg | $23K | $271K | 10x | |
| MEXC BITO_USDT | +0.0760% | 8h | 11.490 | −0.113% | $121K | $85K | 20x | as long as short |
| Binance BITOUSDT | +0.0761% | 8h | 11.505 | +0.014% | $255K | $2.0M | 25x | as long as short |
Gate BITO_USDT
Bitget BITOUSDT
HTX BITO-USDT
MEXC BITO_USDT
Binance BITOUSDT