Funding you earn now, next payment 08:00 UTC−0.0784%/8h= −85.9% APRpaid last 24h −0.214%
Price spread now: Gate against edgeX+0.499%7-day average +0.225% · you sell dearer than you buy
Net, funding: paid 7d − costs−$514as in the Funding arb table
Net, price: spread back to 7d avg − costs−$376as in the Price arb table
costs, in and out, $10k−$4034.032% of the position
Funding, last 7 days−1.108%−$111 on $10k
+Price spread, last 4 days (all we have)−0.387%−$39 · spread now +0.499%, 7d avg +0.225%
=Together, before fees−1.496%+ Points / potential airdropedgeX: Active · farm board−$150 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Gate is 0.273% dearer against edgeX than usual: you sell high and buy low (spread +0.499% now, against its 7-day average of +0.225%): +$27 on $10k if it goes back. Holding the pair costs −$24 a day in funding at the current rate, which eats that in about 28 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX BYDUSDC | 10.334 | 0.0871 | pay 0.0436% / 4h | 2h 15m | $43K | $431K | 10x |
| Short | Gate BYD_USDT | 10.386 | 0.0087 | get 0.0087% / 8h | 2h 15m | $155K | $53K | 20x |
edgeX BYDUSDC
Gate BYD_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$164.65
- Price spread: +0.499% → +0.225%
- $27.35
- Slippage, 4 orders
- −$379.23
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$540.53
- Costs to cover
- 4.032%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 33 min ago; Gate: live order book, 25 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, 33 min ago | 14.50 bp | 36.8 bp −$37 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 25 min ago | 5.77 bp | 146.8 bp −$147 | 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 | 10.330 | −0.043% | — | $2.1M | 10x | as long as short |
| HTX BYD-USDT | 0.0000% | 4h | 10.340 | +0.054% | $9K | $266K | 20x | as long as short |
| Gate BYD_USDTshort | +0.0087% | 8h | 10.386 | +0.499% | $155K | $53K | 20x | |
| KuCoin BYDUSDTM | +0.0100% | 8h | 10.334 | −0.004% | $13K | $1.7M | 20x | as long as short |
| Bybit BYDUSDT | +0.0131% | 8h | 10.350 | +0.151% | $78K | $13K | 25x | as long as short |
| edgeX BYDUSDClong | +0.0871% | 4h | 10.334 | long leg | $43K | $431K | 10x | |
| Bitget BYDUSDT | +0.1422% | 8h | 10.332 | −0.024% | $150K | $234K | 20x | as long as short |
| Binance BYDUSDT | +0.1885% | 4h | 10.334 | 0.000% | $1.5M | $876K | 20x | as long as short |
SunX BYD-USDT
HTX BYD-USDT
KuCoin BYDUSDTM
Bybit BYDUSDT
Bitget BYDUSDT
Binance BYDUSDT