Funding you earn now, next payment 08:00 UTC+0.0764%/8h= +83.7% APRpaid last 24h −0.049%
Price spread now: Bybit against edgeX−0.021%7-day average +0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$229as in the Funding arb table
Net, price: spread back to 7d avg − costs−$231as in the Price arb table
costs, in and out, $10k−$2292.287% of the position
Funding, last 7 days−0.008%−$1 on $10k
+Price spread, last 4 days (all we have)−0.069%−$7 · spread now −0.021%, 7d avg +0.001%
=Together, before fees−0.077%+ Points / potential airdropedgeX: Active · farm board−$8 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bybit is 0.023% cheaper against edgeX than usual: you would sell low and buy high (spread −0.021% now, against its 7-day average of +0.001%). If the spread goes back, that is −$2 on $10k: about 2 hours of funding at the current rate (+$23 a day).
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 | edgeX GDXUSDC | 93.890 | −0.0764 | get 0.0382% / 4h | 1h 06m | $95K | $225K | 10x |
| Short | Bybit GDXUSDT | 93.870 | 0 | get 0.0000% / 8h | 1h 06m | $247K | $46K | 25x |
edgeX GDXUSDC
Bybit GDXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $160.44
- Price spread: −0.021% → +0.001%
- −$2.26
- Slippage, 4 orders
- −$208.68
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$70.5
- Costs to cover
- 2.287%
- Break-even
- 10.1 days
Slippage from edgeX: live order book, 35 min ago; Bybit: live order book, 18 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, 35 min ago | 5.33 bp | 28.2 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 18 min ago | 7.45 bp | 65.6 bp −$66 | 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 GDXUSDClong | −0.0764% | 4h | 93.890 | long leg | $95K | $225K | 10x | |
| Gate GDX_USDT | −0.0006% | 8h | 93.920 | +0.032% | $167K | $142K | 20x | as long as short |
| Binance GDXUSDT | 0.0000% | 8h | 93.880 | −0.010% | $427K | $269K | 20x | as long as short |
| Bybit GDXUSDTshort | 0.0000% | 8h | 93.870 | −0.021% | $247K | $46K | 25x | |
| MEXC GDX_USDT | 0.0000% | 8h | 93.890 | 0.000% | $837K | $89K | 20x | as long as short |
| Bitget GDXUSDT | 0.0000% | 8h | 93.990 | +0.107% | $274K | $368K | 20x | as long as short |
| HTX GDX-USDT | 0.0000% | 8h | 93.910 | +0.021% | $8K | $319K | 20x | as long as short |
| Vest GDX-USD-PERP | +0.0046% | 1h | 93.870 | −0.021% | — | — | 25x | as long as short |
Gate GDX_USDT
Binance GDXUSDT
MEXC GDX_USDT
Bitget GDXUSDT
HTX GDX-USDT
Vest GDX-USD-PERP