Funding you earn now, next payment 08:00 UTC+0.0742%/8h= +81.3% APRpaid last 24h +0.147%
Price spread now: edgeX against Extended−0.095%113s7-day average +0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs+$21as 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−$390.390% of the position
Funding, last 7 days+0.597%+$60 on $10k
+Price spread, last 4 days (all we have)+0.205%+$21 · spread now −0.095%, 7d avg +0.029%
=Together, before fees+0.802%+ Points / potential airdropExtended: Active · edgeX: Active · farm board+$80 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.124% cheaper against Extended than usual: you would sell low and buy high (spread −0.095% now, against its 7-day average of +0.029%). If the spread goes back, that is −$12 on $10k: about 13 hours of funding at the current rate (+$22 a day). At the pace of the last 7 days (+0.597% in total) that is about 35 hours. The two prices were read 113 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 | Extended COIN_24_5-USD | 195.67 | 0.0008 | pay 0.0001% / 1h | 19m 35s | $106K | $857K | 10x |
| Short | edgeX COINUSDC | 195.48 | 0.0750 | get 0.0375% / 4h | 19m 35s | $50K | $295K | 10x |
Extended COIN_24_5-USD
edgeX COINUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Extended. 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
- $155.83
- Price spread: −0.095% → +0.029%
- −$12.4
- Slippage, 4 orders
- −$25.03
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $104.4
- Costs to cover
- 0.390%
- Break-even
- 2.3 days
Slippage from Extended: live order book, 18 min ago; edgeX: live order book, 18 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 Extended live order book, 18 min ago | 1.02 bp | 9.0 bp −$9 | 62.9 bp −$629 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 18 min ago | 5.61 bp | 10.6 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 | 195.45 | −0.111% | $43K | $48K | 30x | as long as short |
| Bitget COINUSDT | −0.0343% | 8h | 195.80 | +0.067% | $6.3M | $10.5M | 20x | as long as short |
| Vest COIN-USD-PERP | −0.0040% | 1h | 195.07 | −0.306% | — | $326K | 25x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 195.43 | −0.124% | $341K | $890K | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 195.66 | −0.004% | $4.7M | $6.2M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 195.64 | −0.014% | $3.0M | $4.7M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 195.72 | +0.027% | $1.2M | $7.4M | 50x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 195.54 | −0.068% | $711K | $972K | — | as long as short |
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 195.73 | +0.032% | $22K | $2.8M | 10x | as long as short |
| Binance COINUSDT | +0.0006% | 8h | 195.69 | +0.011% | $15.0M | $82.1M | 20x | as long as short |
Injective COIN/USDC PERP
Bitget COINUSDT
Vest COIN-USD-PERP
Aster COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Gate COIN_USDT
Variational Omni COIN
GRVT COIN_USDT_Perp
Binance COINUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended COIN_24_5-USDlong | +0.0008% | 1h | 195.67 | long leg | $106K | $857K | 10x | |
| BloFin COIN-USDT | +0.0014% | 8h | 195.64 | −0.014% | $188K | $435K | 20x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 195.58 | −0.045% | $464K | $1.5M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 195.78 | +0.057% | $17K | $58K | 5x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 195.50 | −0.086% | $15.1M | $12.9M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 195.49 | −0.091% | $135K | $1.4M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 195.55 | −0.060% | $88 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 195.51 | −0.081% | $445K | $2.8M | 10x | as long as short |
| QFEX COIN-USD | +0.0065% | 1h | 195.64 | −0.014% | $1.3M | $2.9M | 10x | as long as short |
| Lighter COIN | +0.0088% | 1h | 195.53 | −0.071% | $364K | $2.3M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 195.47 | −0.101% | $985K | $140K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 195.43 | −0.122% | $88K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 195.45 | −0.111% | $565 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 195.61 | −0.029% | $115 | — | 10x | as long as short |
| Phoenix COIN | +0.0163% | 1h | 195.38 | −0.147% | $4K | $283K | 10x | as long as short |
| edgeX COINUSDCshort | +0.0750% | 4h | 195.48 | −0.095% | $50K | $295K | 10x |
BloFin COIN-USDT
Lighter RH COIN
Arcus COIN-USD
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
SoDEX COIN-USD
Ondo Perps COIN-USD.P
QFEX COIN-USD
Lighter COIN
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
Phoenix COIN