Funding you earn now, next payment 12:00 UTC+0.1032%/8h= +113.1% APRpaid last 24h −0.056%
Price spread now: Binance against edgeX−0.078%7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$108as in the Funding arb table
Net, price: spread back to 7d avg − costs−$112as in the Price arb table
costs, in and out, $10k−$1041.044% of the position
Funding, last 7 days−0.039%−$4 on $10k
+Price spread, last 2 days (all we have)+0.084%+$8 · spread now −0.078%, 7d avg −0.001%
=Together, before fees+0.045%+ Points / potential airdropedgeX: Active · farm board+$4 on $10k · with fees, hour by hour
Funding pays, the price is against you. Binance is 0.077% cheaper against edgeX than usual: you would sell low and buy high (spread −0.078% now, against its 7-day average of −0.001%). If the spread goes back, that is −$8 on $10k: about 6 hours of funding at the current rate (+$31 a day).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.039% in total (about -2.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX GDXUSDC | 94.633 | −0.0530 | get 0.0265% / 4h | 51m 26s | $96K | $224K | 10x |
| Short | Binance GDXUSDT | 94.560 | 0.0502 | get 0.0502% / 8h | 4h 51m | $492K | $437K | 20x |
edgeX GDXUSDC
Binance GDXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $216.81
- Price spread: −0.078% → −0.001%
- −$7.68
- Slippage, 4 orders
- −$85.36
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $104.77
- Costs to cover
- 1.044%
- Break-even
- 3.6 days
Slippage from edgeX: live order book, 54 min ago; Binance: live order book, 33 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, 54 min ago | 11.09 bp | 34.8 bp −$35 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 33 min ago | 6.34 bp | 13.8 bp −$14 | 81.5 bp −$815 | doesn't fit | doesn't fit |
GDX on 8 exchanges
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 GDXUSDClong | −0.0530% | 4h | 94.633 | long leg | $96K | $224K | 10x | |
| Bybit GDXUSDT | 0.0000% | 8h | 94.510 | −0.130% | $252K | $64K | 25x | as long as short |
| Gate GDX_USDT | 0.0000% | 8h | 94.660 | +0.028% | $144K | $198K | 20x | as long as short |
| Bitget GDXUSDT | 0.0000% | 8h | 94.490 | −0.152% | $289K | $689K | 20x | as long as short |
| HTX GDX-USDT | 0.0000% | 8h | 94.710 | +0.081% | $8K | $314K | 20x | as long as short |
| Vest GDX-USD-PERP | +0.0046% | 1h | 94.470 | −0.173% | — | — | 25x | as long as short |
| MEXC GDX_USDT | +0.0497% | 8h | 94.520 | −0.120% | $833K | $88K | 20x | as long as short |
| Binance GDXUSDTshort | +0.0502% | 8h | 94.560 | −0.078% | $492K | $437K | 20x |
Bybit GDXUSDT
Gate GDX_USDT
Bitget GDXUSDT
HTX GDX-USDT
Vest GDX-USD-PERP
MEXC GDX_USDT