Funding you earn now, next payment 08:00 UTC+0.1272%/8h= +139.3% APRnext payment +$6.36 per $10,000 · paid last 24h −0.071%
Price spread now: Binance against edgeX−0.007%100s7-day average +0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$212as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1291.292% of the position
Funding, last 7 days−0.826%−$83 on $10k
+Price spread, last 4 days (all we have)+0.102%+$10 · spread now −0.007%, 7d avg +0.023%
=Together, before fees−0.725%+ Points / potential airdropedgeX: Active · farm board−$72 on $10k · with fees, hour by hour
Funding pays, the price is against you. Binance is 0.030% cheaper against edgeX than usual: you would sell low and buy high (spread −0.007% now, against its 7-day average of +0.023%). If the spread goes back, that is −$3 on $10k: about 2 hours of funding at the current rate (+$38 a day). Mind the row above: over the last 7 days funding on this pair cost −0.826%, so the current rate has only just turned in your favour. The two prices were read 100 seconds apart, so part of this spread may be the market moving, not a spread.
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 +$6.36 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 | edgeX BYDUSDC | 10.281 | 0.0640 | pay 0.0320% / 4h | 1h 31m | $42K | $430K | 10x |
| Short | Binance BYDUSDT | 10.280 | 0.1912 | get 0.0956% / 4h | 1h 31m | $1.5M | $901K | 20x |
edgeX BYDUSDC
Binance BYDUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $267.13
- Price spread: −0.007% → +0.023%
- −$3
- Slippage, 4 orders
- −$110.23
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $134.89
- Costs to cover
- 1.292%
- Break-even
- 3.5 days
Slippage from edgeX: live order book, 12 min ago; Binance: live order book, 1 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 edgeX live order book, 12 min ago | 19.45 bp | 38.6 bp −$39 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 1 min ago | 4.86 bp | 31.0 bp −$31 | 106.2 bp −$1,062 | 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 | 10.280 | −0.007% | — | $2.1M | 10x | as long as short |
| HTX BYD-USDT | 0.0000% | 4h | 10.290 | +0.090% | $9K | $266K | 20x | as long as short |
| Gate BYD_USDT | +0.0056% | 8h | 10.338 | +0.557% | $155K | $55K | 20x | as long as short |
| Bybit BYDUSDT | +0.0149% | 8h | 10.300 | +0.188% | $78K | $13K | 25x | as long as short |
| KuCoin BYDUSDTM | +0.0155% | 8h | 10.315 | +0.333% | $13K | $1.7M | 20x | as long as short |
| edgeX BYDUSDClong | +0.0640% | 4h | 10.281 | long leg | $42K | $430K | 10x | |
| Bitget BYDUSDT | +0.1658% | 8h | 10.286 | +0.051% | $145K | $245K | 20x | as long as short |
| Binance BYDUSDTshort | +0.1912% | 4h | 10.280 | −0.007% | $1.5M | $901K | 20x |
SunX BYD-USDT
HTX BYD-USDT
Gate BYD_USDT
Bybit BYDUSDT
KuCoin BYDUSDTM
Bitget BYDUSDT