Funding you earn now, next payment 08:00 UTC+0.0378%/8h= +41.4% APRpaid last 24h −0.039%
Price spread now: Gate against edgeX+0.078%67s7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$11 a day on $10k at the current rate, and Gate is 0.078% dearer against edgeX than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 67 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 | 11.523 | −0.0378 | get 0.0189% / 4h | 3h 08m | $23K | $270K | 10x |
| Short | Gate BITO_USDT | 11.532 | 0 | get 0.0000% / 8h | 3h 08m | $29K | $34K | 20x |
edgeX BITOUSDC
Gate BITO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $79.39
- Price spread: +0.078% → 0.000%
- $7.82
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $63.22
- Costs to cover
- 0.240%
- Break-even
- 1.4 days
Slippage unknown: edgeX: live order book, 44 min ago; Gate: 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, 44 min ago | 17.32 bp | 42.8 bp −$43 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate no order-book sample | — | — | — | — | — |
Gate: 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX BITOUSDClong | −0.0378% | 4h | 11.523 | long leg | $23K | $270K | 10x | |
| Bybit BITOUSDT | 0.0000% | 8h | 11.542 | +0.165% | $36K | $36K | 25x | as long as short |
| Gate BITO_USDTshort | 0.0000% | 8h | 11.532 | +0.078% | $29K | $34K | 20x | |
| Bitget BITOUSDT | 0.0000% | 8h | 11.545 | +0.191% | $728K | $1.3M | 20x | as long as short |
| HTX BITO-USDT | 0.0000% | 8h | 11.530 | +0.061% | $5K | $286K | 10x | as long as short |
| Binance BITOUSDT | +0.0848% | 8h | 11.525 | +0.015% | $258K | $2.0M | 25x | as long as short |
| MEXC BITO_USDT | +0.0855% | 8h | 11.520 | −0.026% | $121K | $87K | 20x | as long as short |
Bybit BITOUSDT
Bitget BITOUSDT
HTX BITO-USDT
Binance BITOUSDT
MEXC BITO_USDT