Funding you earn now, next payment 12:00 UTC+0.0288%/8h= +31.6% APRpaid last 24h +0.076%
Price spread now: edgeX against Gate−0.029%7-day average +0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$230as in the Funding arb table
Net, price: spread back to 7d avg − costs−$237as in the Price arb table
costs, in and out, $10k−$2302.302% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 4 days (all we have)+0.102%+$10 · spread now −0.029%, 7d avg +0.040%
=Together, before fees+0.101%+ Points / potential airdropedgeX: Active · farm board+$10 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.068% cheaper against Gate than usual: you would sell low and buy high (spread −0.029% now, against its 7-day average of +0.040%). If the spread goes back, that is −$7 on $10k: about 19 hours of funding at the current rate (+$9 a day).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.001% in total (about -0.1% 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 | Gate GDX_USDT | 94.390 | 0 | get 0.0000% / 8h | 4h 10m | $144K | $201K | 20x |
| Short | edgeX GDXUSDC | 94.363 | 0.0288 | get 0.0144% / 4h | 10m 46s | $96K | $224K | 10x |
Gate GDX_USDT
edgeX GDXUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Gate. 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
- $60.53
- Price spread: −0.029% → +0.040%
- −$6.84
- Slippage, 4 orders
- −$206.22
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$176.54
- Costs to cover
- 2.302%
- Break-even
- 27.4 days
Slippage from Gate: live order book, 24 min ago; edgeX: live order book, 29 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 Gate live order book, 24 min ago | 12.72 bp | 95.0 bp −$95 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 29 min ago | 13.25 bp | 34.9 bp −$35 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit GDXUSDT | 0.0000% | 8h | 94.360 | −0.032% | $252K | $64K | 25x | as long as short |
| Gate GDX_USDTlong | 0.0000% | 8h | 94.390 | long leg | $144K | $201K | 20x | |
| Bitget GDXUSDT | 0.0000% | 8h | 94.330 | −0.064% | $281K | $721K | 20x | as long as short |
| HTX GDX-USDT | 0.0000% | 8h | 94.400 | +0.011% | $8K | $314K | 20x | as long as short |
| Vest GDX-USD-PERP | +0.0046% | 1h | 94.240 | −0.159% | — | — | 25x | as long as short |
| edgeX GDXUSDCshort | +0.0288% | 4h | 94.363 | −0.029% | $96K | $224K | 10x | |
| MEXC GDX_USDT | +0.0626% | 8h | 94.350 | −0.042% | $832K | $90K | 20x | as long as short |
| Binance GDXUSDT | +0.0628% | 8h | 94.403 | +0.014% | $492K | $448K | 20x | as long as short |
Bybit GDXUSDT
Bitget GDXUSDT
HTX GDX-USDT
Vest GDX-USD-PERP
MEXC GDX_USDT
Binance GDXUSDT