Funding you earn now, next payment 08:00 UTC−0.1370%/8h= −150.0% APRnext payment −$6.85 per $10,000 · paid last 24h +0.071%
Price spread now: edgeX against Binance−0.059%7-day average −0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$185as in the Funding arb table
Net, price: spread back to 7d avg − costs−$271as in the Price arb table
costs, in and out, $10k−$2682.681% of the position
Funding, last 7 days+0.826%+$83 on $10k
+Price spread, last 4 days (all we have)−0.001%$0 · spread now −0.059%, 7d avg −0.026%
=Together, before fees+0.825%+ Points / potential airdropedgeX: Active · farm board+$83 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$41 a day on $10k at the current rate, and edgeX is 0.033% cheaper against Binance than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.026%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.826%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.826% in total (about 43.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$6.85 per $10,000. 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 | Binance BYDUSDT | 10.349 | 0.1694 | pay 0.0847% / 4h | 2h 51m | $1.5M | $893K | 20x |
| Short | edgeX BYDUSDC | 10.343 | 0.0324 | get 0.0162% / 4h | 2h 51m | $43K | $429K | 10x |
Binance BYDUSDT
edgeX BYDUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Binance. 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
- −$287.66
- Price spread: −0.059% → −0.026%
- −$3.31
- Slippage, 4 orders
- −$249.09
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$559.06
- Costs to cover
- 2.681%
- Break-even
- never at this rate
Slippage from Binance: live order book, 12 min ago; edgeX: live order book, 62 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 Binance live order book, 12 min ago | 4.80 bp | 22.7 bp −$23 | 78.0 bp −$780 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 62 min ago | 24.03 bp | 115.0 bp −$115 | doesn't fit | doesn't fit | doesn't fit |
BYD on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX BYD-USDT | 0.0000% | 4h | 10.340 | −0.090% | — | $2.2M | 10x | as long as short |
| HTX BYD-USDT | 0.0000% | 4h | 10.350 | +0.006% | $9K | $267K | 20x | as long as short |
| KuCoin BYDUSDTM | +0.0100% | 8h | 10.359 | +0.093% | $13K | $1.7M | 20x | as long as short |
| Bybit BYDUSDT | +0.0165% | 8h | 10.350 | +0.006% | $78K | $13K | 25x | as long as short |
| Gate BYD_USDT | +0.0168% | 8h | 10.409 | +0.577% | $155K | $53K | 20x | as long as short |
| edgeX BYDUSDCshort | +0.0324% | 4h | 10.343 | −0.059% | $43K | $429K | 10x | |
| Bitget BYDUSDT | +0.1112% | 8h | 10.349 | −0.003% | $144K | $238K | 20x | as long as short |
| Binance BYDUSDTlong | +0.1694% | 4h | 10.349 | long leg | $1.5M | $893K | 20x |
SunX BYD-USDT
HTX BYD-USDT
KuCoin BYDUSDTM
Bybit BYDUSDT
Gate BYD_USDT
Bitget BYDUSDT