Settings8H · net · $10k
Funding arb · Price arb /

DJT

RWAall DJT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0905%/8h= −99.1% APRpaid last 24h −0.093%
Price spread now: edgeX against Bitget+0.073%54s7-day average −0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$130as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1371.374% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.070%+$7 on $10k
Price spread, last 4 days (all we have)−0.132%−$13 · spread now +0.073%, 7d avg −0.008%
Together, before fees−0.062%+ Points / potential airdropedgeX: Active · farm board−$6 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.082% dearer against Bitget than usual: you sell high and buy low (spread +0.073% now, against its 7-day average of −0.008%): +$8 on $10k if it goes back. Holding the pair costs −$27 a day in funding at the current rate, which eats that in about 7 hours. Mind the row above: over the last 7 days funding on this pair paid +0.070%, so the current rate has only just turned against you. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.070% in total (about 3.6% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget DJTUSDT9.11400get 0.0000% / 8h3h 48m$87K$804K20x
ShortedgeX DJTUSDC9.1207−0.0905pay 0.0453% / 4h3h 48m$136$238K10x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$190.14
Price spread: +0.073% → −0.008%
$8.17
Slippage, 4 orders
−$116.45
Fee Bitget: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$319.41
Costs to cover
1.374%
Break-even
never at this rate
Slippage from Bitget: live order book, 2 min ago; edgeX: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 2 min ago18.11 bp53.4 bp −$5382.7 bp −$827doesn't fitdoesn't fit
Sell edgeX live order book, 3 min ago12.06 bp31.7 bp −$32doesn't fitdoesn't fitdoesn't fit

DJT on 8 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX DJTUSDCshort−0.0905%4h9.1207+0.073%$136$238K10x
Binance DJTUSDT0.0000%8h9.11400.000%$468K$1.2M20xas long as short
Bybit DJTUSDT0.0000%8h9.11400.000%$47K$67K25xas long as short
QFEX DJT-USD0.0000%1h9.1100−0.044%$1.1M$93K10xas long as short
Gate DJT_USDT0.0000%8h9.1220+0.088%$28K$8K20xas long as short
Bitget DJTUSDTlong0.0000%8h9.1140long leg$87K$804K20x
HTX DJT-USDT0.0000%8h9.1000−0.154%$6K$83K20xas long as short
Phemex DJTUSDT0.0000%8h9.1100−0.044%$451K$87K20xas long as short