Funding you earn now, next payment 00:00 UTC+0.0527%/8h= +57.7% APRpaid last 24h +0.178%
Price spread now: edgeX against Binance−0.059%90s7-day average +0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs+$29as 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−$370.373% of the position
Funding, last 7 days+0.665%+$67 on $10k
+Price spread, last 2 days (all we have)+0.050%+$5 · spread now −0.059%, 7d avg +0.009%
=Together, before fees+0.716%+ Points / potential airdropedgeX: Active · farm board+$72 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.068% cheaper against Binance than usual: you would sell low and buy high (spread −0.059% now, against its 7-day average of +0.009%). If the spread goes back, that is −$7 on $10k: about 10 hours of funding at the current rate (+$16 a day). The two prices were read 90 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 | Binance COINUSDT | 202.04 | 0 | get 0.0000% / 8h | 26m 10s | $15.6M | $76.6M | 20x |
| Short | edgeX COINUSDC | 201.92 | 0.0527 | get 0.0264% / 4h | 26m 10s | $52K | $295K | 10x |
Binance COINUSDT
edgeX COINUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Binance. 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
- $110.68
- Price spread: −0.059% → +0.009%
- −$6.8
- Slippage, 4 orders
- −$18.32
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $66.55
- Costs to cover
- 0.373%
- Break-even
- 2.8 days
Slippage from Binance: live order book, 16 min ago; edgeX: live order book, 52 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 Binance live order book, 16 min ago | 0.25 bp | 8.5 bp −$9 | 17.9 bp −$179 | 61.5 bp −$6,152 | doesn't fit |
| Sell edgeX live order book, 52 min ago | 5.45 bp | 10.5 bp −$11 | 16.6 bp −$166 | doesn't fit | doesn't fit |
COIN on 26 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective COIN/USDC PERP | −0.0440% | 1h | 201.49 | −0.271% | $44K | $49K | 30x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 202.16 | +0.061% | $371K | $839K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 202.01 | −0.014% | $119K | $446K | 10x | as long as short |
| Binance COINUSDTlong | 0.0000% | 8h | 202.04 | long leg | $15.6M | $76.6M | 20x | |
| Bybit COINUSDT | 0.0000% | 8h | 202.15 | +0.056% | $5.0M | $5.9M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 201.96 | −0.038% | $3.3M | $4.7M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 202.02 | −0.009% | $1.3M | $7.0M | 50x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 202.02 | −0.008% | $840K | $1.1M | — | as long as short |
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 202.05 | +0.006% | $12K | $2.0M | 10x | as long as short |
| Bitget COINUSDT | +0.0014% | 8h | 202.08 | +0.021% | $6.9M | $10.1M | 20x | as long as short |
Injective COIN/USDC PERP
Aster COINUSDT
Extended COIN_24_5-USD
Bybit COINUSDT
OKX COIN-USDT-SWAP
Gate COIN_USDT
Variational Omni COIN
GRVT COIN_USDT_Perp
Bitget COINUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX COIN-USD | +0.0032% | 1h | 201.86 | −0.088% | $1.4M | $4.0M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 202.05 | +0.006% | $434K | $1.8M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 202.16 | +0.061% | $16K | $55K | 5x | as long as short |
| Vest COIN-USD-PERP | +0.0046% | 1h | 201.88 | −0.078% | — | $513K | 25x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 202.04 | +0.001% | $129K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 201.98 | −0.028% | $84 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 201.80 | −0.117% | $358K | $3.3M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 202.17 | +0.066% | $1.0M | $138K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 201.96 | −0.038% | $91K | $328K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 202.06 | +0.011% | $584 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 202.03 | −0.004% | $119 | — | 10x | as long as short |
| Lighter COIN | +0.0120% | 1h | 202.06 | +0.009% | $377K | $2.0M | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 202.03 | −0.004% | $201K | $341K | 20x | as long as short |
| tradeXYZ xyz:COIN | +0.0193% | 1h | 202.07 | +0.016% | $16.6M | $13.2M | 10x | as long as short |
| Phoenix COIN | +0.0238% | 1h | 202.10 | +0.031% | $5K | $279K | 10x | as long as short |
| edgeX COINUSDCshort | +0.0527% | 4h | 201.92 | −0.059% | $52K | $295K | 10x |
QFEX COIN-USD
Lighter RH COIN
Arcus COIN-USD
Vest COIN-USD-PERP
Polymarket Perps COIN-USD
SoDEX COIN-USD
Ondo Perps COIN-USD.P
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
Lighter COIN
BloFin COIN-USDT
tradeXYZ xyz:COIN
Phoenix COIN