Funding you earn now, next payment 12:00 UTC−0.0949%/8h= −103.9% APRpaid last 24h +0.075%
Price spread now: edgeX against Bitget+0.054%7-day average −0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$102as in the Price arb table
costs, in and out, $10k−$1101.103% of the position
Funding, last 7 days+0.831%+$83 on $10k
+Price spread, last 4 days (all we have)−0.022%−$2 · spread now +0.054%, 7d avg −0.032%
=Together, before fees+0.809%+ Points / potential airdropedgeX: Active · farm board+$81 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.086% dearer against Bitget than usual: you sell high and buy low (spread +0.054% now, against its 7-day average of −0.032%): +$9 on $10k if it goes back. Holding the pair costs −$28 a day in funding at the current rate, which eats that in about 7 hours. Mind the row above: over the last 7 days funding on this pair paid +0.831%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget BYDUSDT | 10.347 | 0.1135 | pay 0.1135% / 8h | 7h 53m | $150K | $280K | 20x |
| Short | edgeX BYDUSDC | 10.353 | 0.0186 | get 0.0093% / 4h | 3h 53m | $42K | $430K | 10x |
Bitget BYDUSDT
edgeX BYDUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Bitget. 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
- −$199.21
- Price spread: +0.054% → −0.032%
- $8.65
- Slippage, 4 orders
- −$89.25
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$300.82
- Costs to cover
- 1.103%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 37 min ago; edgeX: live order book, 45 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 Bitget live order book, 37 min ago | 6.77 bp | 14.9 bp −$15 | 20.2 bp −$202 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 45 min ago | 14.53 bp | 35.9 bp −$36 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit BYDUSDT | 0.0000% | 8h | 10.370 | +0.222% | $78K | $12K | 25x | as long as short |
| Gate BYD_USDT | 0.0000% | 8h | 10.397 | +0.483% | $155K | $57K | 20x | as long as short |
| SunX BYD-USDT | 0.0000% | 4h | 10.330 | −0.164% | — | $2.1M | 10x | as long as short |
| HTX BYD-USDT | 0.0000% | 4h | 10.360 | +0.126% | $9K | $266K | 20x | as long as short |
| KuCoin BYDUSDTM | +0.0100% | 8h | 10.376 | +0.280% | $12K | $1.6M | 20x | as long as short |
| edgeX BYDUSDCshort | +0.0186% | 4h | 10.353 | +0.054% | $42K | $430K | 10x | |
| Binance BYDUSDT | +0.0374% | 4h | 10.344 | −0.025% | $1.4M | $1.0M | 20x | as long as short |
| Bitget BYDUSDTlong | +0.1135% | 8h | 10.347 | long leg | $150K | $280K | 20x |
Bybit BYDUSDT
Gate BYD_USDT
SunX BYD-USDT
HTX BYD-USDT
KuCoin BYDUSDTM
Binance BYDUSDT