Funding you earn now, next payment 04:00 UTC−0.0493%/8h= −54.0% APRpaid last 24h +0.079%
Price spread now: edgeX against Gate−0.032%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 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 −$15 a day on $10k at the current rate, and edgeX is 0.032% cheaper against Gate than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate BITO_USDT | 11.556 | 0 | get 0.0000% / 8h | 5h 39m | $29K | $33K | 20x |
| Short | edgeX BITOUSDC | 11.552 | −0.0493 | pay 0.0247% / 4h | 1h 39m | $24K | $268K | 10x |
Gate BITO_USDT
edgeX BITOUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Gate. 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
- −$103.58
- Price spread: −0.032% → 0.000%
- −$3.22
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$130.81
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: Gate: no order-book sample; edgeX: live order book, 23 min ago. 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 Gate no order-book sample | — | — | — | — | — |
| Sell edgeX live order book, 23 min ago | 17.30 bp | 73.0 bp −$73 | doesn't fit | doesn't fit | doesn't fit |
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 BITOUSDCshort | −0.0493% | 4h | 11.552 | −0.032% | $24K | $268K | 10x | |
| Bybit BITOUSDT | 0.0000% | 8h | 11.564 | +0.069% | $36K | $37K | 25x | as long as short |
| Gate BITO_USDTlong | 0.0000% | 8h | 11.556 | long leg | $29K | $33K | 20x | |
| Bitget BITOUSDT | 0.0000% | 8h | 11.542 | −0.121% | $728K | $1.3M | 20x | as long as short |
| HTX BITO-USDT | 0.0000% | 8h | 11.560 | +0.035% | $5K | $286K | 10x | as long as short |
| MEXC BITO_USDT | +0.0844% | 8h | 11.530 | −0.225% | $122K | $85K | 20x | as long as short |
| Binance BITOUSDT | +0.0847% | 8h | 11.560 | +0.035% | $260K | $2.0M | 25x | as long as short |
Bybit BITOUSDT
Bitget BITOUSDT
HTX BITO-USDT
MEXC BITO_USDT
Binance BITOUSDT