Funding you earn now, next payment 12:00 UTC−0.0546%/8h= −59.8% APRpaid last 24h +0.134%
Price spread now: Bitget against edgeX+0.100%84s7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$148as 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−$1411.411% of the position
Funding, last 7 days−0.070%−$7 on $10k
+Price spread, last 4 days (all we have)−0.065%−$7 · spread now +0.100%, 7d avg +0.011%
=Together, before fees−0.135%+ Points / potential airdropedgeX: Active · farm board−$13 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.089% dearer against edgeX than usual: you sell high and buy low (spread +0.100% now, against its 7-day average of +0.011%): +$9 on $10k if it goes back. Holding the pair costs −$16 a day in funding at the current rate, which eats that in about 13 hours. At the pace of the last 7 days (−0.070% in total) that is about 8.9 days. The two prices were read 84 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX DJTUSDC | 9.0749 | 0.0546 | pay 0.0273% / 4h | 3h 44m | $408 | $241K | 10x |
| Short | Bitget DJTUSDT | 9.0840 | 0 | get 0.0000% / 8h | 7h 44m | $81K | $762K | 20x |
edgeX DJTUSDC
Bitget DJTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against edgeX. 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
- −$114.68
- Price spread: +0.100% → +0.011%
- $8.87
- Slippage, 4 orders
- −$120.07
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$246.88
- Costs to cover
- 1.411%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 53 min ago; Bitget: live order book, 51 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 edgeX live order book, 53 min ago | 6.59 bp | 15.4 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 51 min ago | 9.90 bp | 33.7 bp −$34 | 67.8 bp −$678 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance DJTUSDT | 0.0000% | 8h | 9.0750 | +0.001% | $485K | $1.4M | 20x | as long as short |
| Bybit DJTUSDT | 0.0000% | 8h | 9.0800 | +0.056% | $47K | $65K | 25x | as long as short |
| QFEX DJT-USD | 0.0000% | 1h | 9.0700 | −0.054% | $1.1M | $118K | 10x | as long as short |
| Gate DJT_USDT | 0.0000% | 8h | 9.0890 | +0.155% | $28K | $8K | 20x | as long as short |
| Bitget DJTUSDTshort | 0.0000% | 8h | 9.0840 | +0.100% | $81K | $762K | 20x | |
| HTX DJT-USDT | 0.0000% | 8h | 9.0800 | +0.056% | $6K | $103K | 20x | as long as short |
| Phemex DJTUSDT | 0.0000% | 8h | 9.0800 | +0.056% | $458K | $103K | 20x | as long as short |
| edgeX DJTUSDClong | +0.0546% | 4h | 9.0749 | long leg | $408 | $241K | 10x |
Binance DJTUSDT
Bybit DJTUSDT
QFEX DJT-USD
Gate DJT_USDT
HTX DJT-USDT
Phemex DJTUSDT