Settings8H · net · $10k
Funding arb · Price arb /

BYD

RWAall BYD markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0002%/8h= +0.2% APRpaid last 24h +0.214%
Price spread now: edgeX against Gate−0.549%82s7-day average −0.232% · you buy dearer than you sell
Net, funding: paid 7d − costs−$284as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$3943.945% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+1.108%+$111 on $10k
Price spread, last 4 days (all we have)+0.494%+$49 · spread now −0.549%, 7d avg −0.232%
Together, before fees+1.603%+ Points / potential airdropedgeX: Active · farm board+$160 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: edgeX is 0.317% cheaper against Gate than usual: you would sell low and buy high, −$32 on $10k if it goes back to its 7-day average of −0.232%. The two prices were read 82 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate BYD_USDT10.3750get 0.0000% / 8h40m 14s$155K$56K20x
ShortedgeX BYDUSDC10.3180.0002get 0.0001% / 4h40m 14s$42K$429K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Gate. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0.38
Price spread: −0.549% → −0.232%
−$31.67
Slippage, 4 orders
−$370.48
Fee Gate: 7.5 bp × 2 orders
−$15
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$425.77
Costs to cover
3.945%
Break-even
7804.9 days
Slippage from Gate: live order book, 55 min ago; edgeX: live order book, 63 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 55 min ago19.36 bp155.1 bp −$155doesn't fitdoesn't fitdoesn't fit
Sell edgeX live order book, 63 min ago19.45 bp37.1 bp −$37doesn't fitdoesn't fitdoesn't fit

BYD on 8 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate BYD_USDTlong0.0000%8h10.375long leg$155K$56K20x
SunX BYD-USDT0.0000%4h10.310−0.627%$2.1M10xas long as short
HTX BYD-USDT0.0000%4h10.330−0.434%$9K$265K20xas long as short
edgeX BYDUSDCshort+0.0002%4h10.318−0.549%$42K$429K10x
Bybit BYDUSDT+0.0009%8h10.330−0.434%$78K$13K25xas long as short
KuCoin BYDUSDTM+0.0100%8h10.322−0.511%$13K$1.6M20xas long as short
Binance BYDUSDT+0.1071%4h10.322−0.510%$1.4M$995K20xas long as short
Bitget BYDUSDT+0.1439%8h10.330−0.434%$150K$278K20xas long as short