Funding you earn now, next payment 08:00 UTC−0.0565%/8h= −61.9% APRpaid last 24h +0.049%
Price spread now: edgeX against Binance+0.014%7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$122as in the Funding arb table
Net, price: spread back to 7d avg − costs−$122as in the Price arb table
costs, in and out, $10k−$1231.226% of the position
Funding, last 7 days+0.008%+$1 on $10k
+Price spread, last 2 days (all we have)−0.021%−$2 · spread now +0.014%, 7d avg +0.007%
=Together, before fees−0.013%+ Points / potential airdropedgeX: Active · farm board−$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.007%, so right now this pair is about funding alone: −$17 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.008% in total (about 0.4% 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 GDXUSDT | 94.233 | 0 | get 0.0000% / 8h | 3h 29m | $421K | $261K | 20x |
| Short | edgeX GDXUSDC | 94.247 | −0.0565 | pay 0.0282% / 4h | 3h 29m | $96K | $226K | 10x |
Binance GDXUSDT
edgeX GDXUSDCFunding 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
- −$118.63
- Price spread: +0.014% → +0.007%
- $0.78
- Slippage, 4 orders
- −$103.55
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$240.4
- Costs to cover
- 1.226%
- Break-even
- never at this rate
Slippage from Binance: live order book, 17 min ago; edgeX: live order book, 23 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, 17 min ago | 5.30 bp | 39.5 bp −$39 | 109.4 bp −$1,094 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 23 min ago | 8.48 bp | 33.4 bp −$33 | doesn't fit | doesn't fit | doesn't fit |
GDX 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 GDXUSDCshort | −0.0565% | 4h | 94.247 | +0.014% | $96K | $226K | 10x | |
| Binance GDXUSDTlong | 0.0000% | 8h | 94.233 | long leg | $421K | $261K | 20x | |
| Bybit GDXUSDT | 0.0000% | 8h | 94.250 | +0.018% | $242K | $40K | 25x | as long as short |
| Gate GDX_USDT | 0.0000% | 8h | 94.250 | +0.018% | $168K | $146K | 20x | as long as short |
| MEXC GDX_USDT | 0.0000% | 8h | 94.250 | +0.018% | $843K | $88K | 20x | as long as short |
| Bitget GDXUSDT | 0.0000% | 8h | 94.300 | +0.071% | $282K | $338K | 20x | as long as short |
| HTX GDX-USDT | 0.0000% | 8h | 94.270 | +0.039% | $8K | $320K | 20x | as long as short |
| Vest GDX-USD-PERP | +0.0046% | 1h | 94.280 | +0.049% | — | — | 25x | as long as short |
Bybit GDXUSDT
Gate GDX_USDT
MEXC GDX_USDT
Bitget GDXUSDT
HTX GDX-USDT
Vest GDX-USD-PERP