Funding you earn now, next payment 04:00 UTC+0.0031%/8h= +3.4% APRpaid last 24h −0.035%
Price spread now: Bitget against edgeX+0.033%7-day average −0.063% · you sell dearer than you buy
Net, funding: paid 7d − costs−$120as in the Funding arb table
Net, price: spread back to 7d avg − costs−$116as in the Price arb table
costs, in and out, $10k−$1261.259% of the position
Funding, last 7 days+0.061%+$6 on $10k
+Price spread, last 4 days (all we have)−0.181%−$18 · spread now +0.033%, 7d avg −0.063%
=Together, before fees−0.119%+ Points / potential airdropedgeX: Active · farm board−$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bitget is 0.096% dearer against edgeX than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.063%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX GDXUSDC | 94.619 | −0.0031 | get 0.0015% / 4h | 1h 13m | $96K | $226K | 10x |
| Short | Bitget GDXUSDT | 94.650 | 0 | get 0.0000% / 8h | 5h 13m | $249K | $352K | 20x |
Funding 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
- $6.43
- Price spread: +0.033% → −0.063%
- $9.64
- Slippage, 4 orders
- −$104.91
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$109.84
- Costs to cover
- 1.259%
- Break-even
- 126.5 days
Slippage from edgeX: live order book, 49 min ago; Bitget: live order book, 42 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, 49 min ago | 9.52 bp | 32.4 bp −$32 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 42 min ago | 15.86 bp | 25.5 bp −$26 | 39.7 bp −$397 | 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 GDXUSDClong | −0.0031% | 4h | 94.619 | long leg | $96K | $226K | 10x | |
| Binance GDXUSDT | 0.0000% | 8h | 94.516 | −0.109% | $411K | $242K | 20x | as long as short |
| Bybit GDXUSDT | 0.0000% | 8h | 94.520 | −0.105% | $242K | $40K | 25x | as long as short |
| Gate GDX_USDT | 0.0000% | 8h | 94.590 | −0.031% | $168K | $150K | 20x | as long as short |
| MEXC GDX_USDT | 0.0000% | 8h | 94.550 | −0.073% | $845K | $88K | 20x | as long as short |
| Bitget GDXUSDTshort | 0.0000% | 8h | 94.650 | +0.033% | $249K | $352K | 20x | |
| HTX GDX-USDT | 0.0000% | 8h | 94.570 | −0.052% | $8K | $323K | 20x | as long as short |
| Vest GDX-USD-PERP | +0.0046% | 1h | 94.390 | −0.242% | — | — | 25x | as long as short |
edgeX GDXUSDC
Bitget GDXUSDT
Binance GDXUSDT
Bybit GDXUSDT
Gate GDX_USDT
MEXC GDX_USDT
HTX GDX-USDT