Funding you earn now, next payment 12:00 UTC+0.1077%/8h= +118.0% APRpaid last 24h −0.053%
Price spread now: Bitget against edgeX+0.123%64s7-day average +0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$193as 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−$1101.103% of the position
Funding, last 7 days−0.825%−$83 on $10k
+Price spread, last 4 days (all we have)−0.155%−$16 · spread now +0.123%, 7d avg +0.032%
=Together, before fees−0.980%+ Points / potential airdropedgeX: Active · farm board−$98 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$32 a day on $10k at the current rate, and Bitget is 0.091% dearer against edgeX than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.032%. Mind the row above: over the last 7 days funding on this pair cost −0.825%, so the current rate has only just turned in your favour. The two prices were read 64 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 BYDUSDC | 10.373 | 0.0087 | pay 0.0043% / 4h | 3h 56m | $42K | $429K | 10x |
| Short | Bitget BYDUSDT | 10.386 | 0.1164 | get 0.1164% / 8h | 7h 56m | $151K | $279K | 20x |
edgeX BYDUSDC
Bitget BYDUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $226.24
- Price spread: +0.123% → +0.032%
- $9.1
- Slippage, 4 orders
- −$89.25
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $125.09
- Costs to cover
- 1.103%
- Break-even
- 3.1 days
Slippage from edgeX: live order book, 42 min ago; Bitget: live order book, 34 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, 42 min ago | 14.53 bp | 37.8 bp −$38 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 34 min ago | 6.77 bp | 21.7 bp −$22 | 40.3 bp −$403 | 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 | 10.380 | +0.065% | $78K | $12K | 25x | as long as short |
| Gate BYD_USDT | 0.0000% | 8h | 10.412 | +0.374% | $156K | $57K | 20x | as long as short |
| SunX BYD-USDT | 0.0000% | 4h | 10.360 | −0.128% | — | $2.1M | 10x | as long as short |
| HTX BYD-USDT | 0.0000% | 4h | 10.380 | +0.065% | $9K | $266K | 20x | as long as short |
| edgeX BYDUSDClong | +0.0087% | 4h | 10.373 | long leg | $42K | $429K | 10x | |
| KuCoin BYDUSDTM | +0.0100% | 8h | 10.390 | +0.162% | $12K | $1.6M | 20x | as long as short |
| Binance BYDUSDT | +0.0422% | 4h | 10.375 | +0.017% | $1.4M | $1.0M | 20x | as long as short |
| Bitget BYDUSDTshort | +0.1164% | 8h | 10.386 | +0.123% | $151K | $279K | 20x |
Bybit BYDUSDT
Gate BYD_USDT
SunX BYD-USDT
HTX BYD-USDT
KuCoin BYDUSDTM
Binance BYDUSDT