Funding you earn now, next payment 08:00 UTC+0.0440%/8h= +48.2% APRpaid last 24h +0.108%
Price spread now: edgeX against Gate+0.069%7-day average −0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$2as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$470.474% of the position
Funding, last 7 days+0.454%+$45 on $10k
+Price spread, last 4 days (all we have)−0.033%−$3 · spread now +0.069%, 7d avg −0.015%
=Together, before fees+0.421%+ Points / potential airdropedgeX: Active · farm board+$42 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and edgeX is 0.084% dearer against Gate than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.015%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate COIN_USDT | 197.20 | −0.0220 | get 0.0220% / 8h | 3h 50m | $1.2M | $7.2M | 50x |
| Short | edgeX COINUSDC | 197.34 | 0.0220 | get 0.0110% / 4h | 3h 50m | $51K | $295K | 10x |
Gate COIN_USDT
edgeX COINUSDCFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $92.47
- Price spread: +0.069% → −0.015%
- $8.4
- Slippage, 4 orders
- −$23.4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $53.47
- Costs to cover
- 0.474%
- Break-even
- 3.0 days
Slippage from Gate: live order book, 3 min ago; edgeX: live order book, 2 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 Gate live order book, 3 min ago | 2.79 bp | 11.8 bp −$12 | 88.6 bp −$886 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 2 min ago | 5.82 bp | 10.8 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget COINUSDT | −0.0684% | 8h | 197.26 | +0.030% | $6.3M | $10.4M | 20x | as long as short |
| Injective COIN/USDC PERP | −0.0440% | 1h | 197.29 | +0.046% | $44K | $48K | 30x | as long as short |
| Gate COIN_USDTlong | −0.0220% | 8h | 197.20 | long leg | $1.2M | $7.2M | 50x | |
| Vest COIN-USD-PERP | −0.0109% | 1h | 196.61 | −0.299% | — | $266K | 25x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 197.18 | −0.009% | $344K | $890K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 197.05 | −0.075% | $117K | $692K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 197.17 | −0.017% | $14.7M | $79.8M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 197.21 | +0.005% | $4.9M | $6.0M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 197.27 | +0.035% | $3.1M | $4.7M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 197.21 | +0.005% | $681K | $935K | — | as long as short |
Bitget COINUSDT
Injective COIN/USDC PERP
Vest COIN-USD-PERP
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Variational Omni COINShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 197.44 | +0.122% | $18K | $2.3M | 10x | as long as short |
| QFEX COIN-USD | +0.0020% | 1h | 197.19 | −0.005% | $1.3M | $3.2M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 197.06 | −0.071% | $449K | $1.4M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 197.45 | +0.127% | $15K | $55K | 5x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 197.09 | −0.056% | $15.5M | $13.5M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 196.99 | −0.106% | $134K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 197.14 | −0.030% | $80 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 196.99 | −0.106% | $357K | $2.7M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 197.06 | −0.071% | $994K | $143K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 197.27 | +0.035% | $89K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 197.11 | −0.046% | $570 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 197.17 | −0.017% | $116 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 197.19 | −0.005% | $187K | $393K | 20x | as long as short |
| Phoenix COIN | +0.0122% | 1h | 197.22 | +0.010% | $5K | $283K | 10x | as long as short |
| Lighter COIN | +0.0208% | 1h | 197.07 | −0.063% | $340K | $2.0M | 10x | as long as short |
| edgeX COINUSDCshort | +0.0220% | 4h | 197.34 | +0.069% | $51K | $295K | 10x |
GRVT COIN_USDT_Perp
QFEX COIN-USD
Lighter RH COIN
Arcus COIN-USD
tradeXYZ xyz:COIN
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
BloFin COIN-USDT
Phoenix COIN
Lighter COIN