Funding you earn now, next payment 00:00 UTC+0.0105%/8h= +11.5% APRpaid last 24h +0.203%
Price spread now: edgeX against Bitget+0.149%84s7-day average −0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs+$23as 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−$450.445% of the position
Funding, last 7 days+0.672%+$67 on $10k
+Price spread, last 3 days (all we have)+0.001%$0 · spread now +0.149%, 7d avg −0.024%
=Together, before fees+0.673%+ Points / potential airdropedgeX: Active · farm board+$67 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and edgeX is 0.173% dearer against Bitget than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of −0.024%. The two prices were read 84 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 | Bitget COINUSDT | 202.52 | 0.0090 | pay 0.0090% / 8h | 3h 18m | $6.9M | $9.9M | 20x |
| Short | edgeX COINUSDC | 202.82 | 0.0195 | get 0.0097% / 4h | 3h 18m | $52K | $292K | 10x |
Bitget COINUSDT
edgeX COINUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Bitget. 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
- $22
- Price spread: +0.149% → −0.024%
- $17.28
- Slippage, 4 orders
- −$23.53
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$5.25
- Costs to cover
- 0.445%
- Break-even
- 8.7 days
Slippage from Bitget: live order book, just now; edgeX: live order book, 10 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 Bitget live order book, just now | 1.98 bp | 12.3 bp −$12 | 21.8 bp −$218 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 10 min ago | 5.42 bp | 10.3 bp −$10 | 15.9 bp −$159 | 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 | 202.25 | −0.133% | $40K | $48K | 30x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 202.42 | −0.047% | $371K | $839K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 202.43 | −0.044% | $100K | $424K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 202.47 | −0.026% | $15.6M | $77.0M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 202.44 | −0.040% | $5.0M | $5.9M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 202.46 | −0.030% | $3.3M | $4.8M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 202.49 | −0.015% | $1.3M | $6.9M | 50x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 202.67 | +0.076% | $763K | $996K | — | as long as short |
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 202.75 | +0.115% | $14K | $1.9M | 10x | as long as short |
| Lighter COIN | +0.0032% | 1h | 202.45 | −0.033% | $373K | $2.2M | 10x | as long as short |
Injective COIN/USDC PERP
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Gate COIN_USDT
Variational Omni COIN
GRVT COIN_USDT_Perp
Lighter COINShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH COIN | +0.0032% | 1h | 202.42 | −0.049% | $445K | $2.0M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 202.66 | +0.069% | $21K | $47K | 5x | as long as short |
| QFEX COIN-USD | +0.0044% | 1h | 202.40 | −0.059% | $1.4M | $3.7M | 10x | as long as short |
| Vest COIN-USD-PERP | +0.0046% | 1h | 202.40 | −0.059% | — | $513K | 25x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 202.36 | −0.079% | $145K | $1.0M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 202.39 | −0.064% | $88 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 202.61 | +0.044% | $363K | $3.2M | 10x | as long as short |
| tradeXYZ xyz:COIN | +0.0063% | 1h | 202.42 | −0.049% | $16.5M | $13.3M | 10x | as long as short |
| Bitget COINUSDTlong | +0.0090% | 8h | 202.52 | long leg | $6.9M | $9.9M | 20x | |
| KuCoin COINUSDTM | +0.0100% | 8h | 202.44 | −0.040% | $1.0M | $146K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 202.91 | +0.193% | $91K | $630K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 202.42 | −0.049% | $585 | $5K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 202.43 | −0.044% | $119 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 202.44 | −0.040% | $200K | $341K | 20x | as long as short |
| edgeX COINUSDCshort | +0.0195% | 4h | 202.82 | +0.149% | $52K | $292K | 10x | |
| Phoenix COIN | +0.0239% | 1h | 202.75 | +0.114% | $5K | $259K | 10x | as long as short |
Lighter RH COIN
Arcus COIN-USD
QFEX COIN-USD
Vest COIN-USD-PERP
Polymarket Perps COIN-USD
SoDEX COIN-USD
Ondo Perps COIN-USD.P
tradeXYZ xyz:COIN
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
BloFin COIN-USDT
Phoenix COIN