Funding you earn now, next payment 08:00 UTC−0.0639%/8h= −70.0% APRpaid last 24h −0.110%
Price spread now: edgeX against Binance−0.018%7-day average −0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$830.831% of the position
Funding, last 7 days+0.052%+$5 on $10k
+Price spread, last 4 days (all we have)−0.097%−$10 · spread now −0.018%, 7d avg −0.040%
=Together, before fees−0.045%+ Points / potential airdropedgeX: Active · farm board−$4 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.021% dearer against Binance than usual: you sell high and buy low (spread −0.018% now, against its 7-day average of −0.040%): +$2 on $10k if it goes back. Holding the pair costs −$19 a day in funding at the current rate, which eats that in about 3 hours. Mind the row above: over the last 7 days funding on this pair paid +0.052%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.052% in total (about 2.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance DJTUSDT | 9.0960 | 0 | get 0.0000% / 8h | 1h 29m | $474K | $1.2M | 20x |
| Short | edgeX DJTUSDC | 9.0943 | −0.0639 | pay 0.0319% / 4h | 1h 29m | $124 | $240K | 10x |
Funding 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
- −$134.16
- Price spread: −0.018% → −0.040%
- $2.15
- Slippage, 4 orders
- −$64.09
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$215.1
- Costs to cover
- 0.831%
- Break-even
- never at this rate
Slippage from Binance: live order book, 3 min ago; edgeX: live order book, 13 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, 3 min ago | 3.85 bp | 26.3 bp −$26 | 148.2 bp −$1,482 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 13 min ago | 6.05 bp | 15.6 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
DJT on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX DJTUSDCshort | −0.0639% | 4h | 9.0943 | −0.018% | $124 | $240K | 10x | |
| Binance DJTUSDTlong | 0.0000% | 8h | 9.0960 | long leg | $474K | $1.2M | 20x | |
| Bybit DJTUSDT | 0.0000% | 8h | 9.0910 | −0.055% | $48K | $65K | 25x | as long as short |
| QFEX DJT-USD | 0.0000% | 1h | 9.0900 | −0.066% | $1.1M | $97K | 10x | as long as short |
| Gate DJT_USDT | 0.0000% | 8h | 9.1060 | +0.110% | $28K | $8K | 20x | as long as short |
| Bitget DJTUSDT | 0.0000% | 8h | 9.0900 | −0.066% | $84K | $782K | 20x | as long as short |
| HTX DJT-USDT | 0.0000% | 8h | 9.1000 | +0.044% | $6K | $94K | 20x | as long as short |
| Phemex DJTUSDT | 0.0000% | 8h | 9.1200 | +0.264% | $454K | $88K | 20x | as long as short |
Binance DJTUSDT
edgeX DJTUSDC
Bybit DJTUSDT
Gate DJT_USDT
Bitget DJTUSDT
HTX DJT-USDT
Phemex DJTUSDT