Funding you earn now, next payment 04:00 UTC+0.0254%/8h= +27.8% APRpaid last 24h +0.035%
Price spread now: edgeX against Bitget+0.066%7-day average +0.064% · you sell dearer than you buy
Net, funding: paid 7d − costs−$109as in the Funding arb table
Net, price: spread back to 7d avg − costs−$102as in the Price arb table
costs, in and out, $10k−$1031.026% of the position
Funding, last 7 days−0.061%−$6 on $10k
+Price spread, last 4 days (all we have)+0.069%+$7 · spread now +0.066%, 7d avg +0.064%
=Together, before fees+0.007%+ Points / potential airdropedgeX: Active · farm board+$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.064%, so right now this pair is about funding alone: +$8 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.061%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.061% in total (about -3.2% 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 | Bitget GDXUSDT | 94.420 | 0 | get 0.0000% / 8h | 4h 25m | $282K | $350K | 20x |
| Short | edgeX GDXUSDC | 94.483 | 0.0254 | get 0.0127% / 4h | 25m 08s | $96K | $224K | 10x |
Bitget GDXUSDT
edgeX GDXUSDCFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $53.39
- Price spread: +0.066% → +0.064%
- $0.23
- Slippage, 4 orders
- −$81.6
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$48.98
- Costs to cover
- 1.026%
- Break-even
- 13.4 days
Slippage from Bitget: live order book, 25 min ago; edgeX: live order book, 32 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 Bitget live order book, 25 min ago | 8.49 bp | 15.7 bp −$16 | 19.0 bp −$190 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 32 min ago | 13.76 bp | 35.7 bp −$36 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance GDXUSDT | 0.0000% | 8h | 94.543 | +0.130% | $423K | $261K | 20x | as long as short |
| Bybit GDXUSDT | 0.0000% | 8h | 94.440 | +0.021% | $242K | $41K | 25x | as long as short |
| Gate GDX_USDT | 0.0000% | 8h | 94.520 | +0.106% | $168K | $150K | 20x | as long as short |
| MEXC GDX_USDT | 0.0000% | 8h | 94.490 | +0.074% | $845K | $88K | 20x | as long as short |
| Bitget GDXUSDTlong | 0.0000% | 8h | 94.420 | long leg | $282K | $350K | 20x | |
| HTX GDX-USDT | 0.0000% | 8h | 94.540 | +0.127% | $8K | $321K | 20x | as long as short |
| Vest GDX-USD-PERP | +0.0046% | 1h | 94.250 | −0.180% | — | — | 25x | as long as short |
| edgeX GDXUSDCshort | +0.0254% | 4h | 94.483 | +0.066% | $96K | $224K | 10x |
Binance GDXUSDT
Bybit GDXUSDT
Gate GDX_USDT
MEXC GDX_USDT
HTX GDX-USDT
Vest GDX-USD-PERP