Funding you earn now, next payment 08:00 UTC−0.0944%/8h= −103.4% APRnext payment −$4.72 per $10,000 · paid last 24h −0.045%
Price spread now: edgeX against Binance−0.291%7-day average +0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$106as in the Price arb table
costs, in and out, $10k−$770.770% of the position
Funding, last 7 days+0.084%+$8 on $10k
+Price spread, last 4 days (all we have)+0.067%+$7 · spread now −0.291%, 7d avg +0.003%
=Together, before fees+0.152%+ Points / potential airdropedgeX: Active · farm board+$15 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$28 a day on $10k at the current rate, and edgeX is 0.294% cheaper against Binance than usual: you would sell low and buy high (−$29 if the spread goes back to its 7-day average of +0.003%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.084%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.084% in total (about 4.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.72 per $10,000. 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 | Binance GIGADEVUSDT | 66.466 | 0 | get 0.0000% / 4h | 2h 11m | $1.1M | $2.9M | 20x |
| Short | edgeX GIGADEVUSDC | 66.272 | −0.0944 | pay 0.0472% / 4h | 2h 11m | $69K | $312K | 10x |
Binance GIGADEVUSDT
edgeX GIGADEVUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Binance. 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
- −$198.25
- Price spread: −0.291% → +0.003%
- −$29.4
- Slippage, 4 orders
- −$58.02
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$304.67
- Costs to cover
- 0.770%
- Break-even
- never at this rate
Slippage from Binance: live order book, 9 min ago; edgeX: live order book, 37 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 Binance live order book, 9 min ago | 4.54 bp | 16.9 bp −$17 | 66.9 bp −$669 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 37 min ago | 9.05 bp | 17.5 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
GIGADEV on 6 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 GIGADEVUSDCshort | −0.0944% | 4h | 66.272 | −0.291% | $69K | $312K | 10x | |
| KuCoin GIGADEVUSDTM | −0.0450% | 4h | 66.200 | −0.400% | $21K | $47K | 20x | as long as short |
| Binance GIGADEVUSDTlong | 0.0000% | 4h | 66.466 | long leg | $1.1M | $2.9M | 20x | |
| Gate GIGADEV_USDT | 0.0000% | 8h | 66.250 | −0.324% | $165K | $35K | 20x | as long as short |
| HTX GIGADEV-USDT | 0.0000% | 4h | 66.450 | −0.023% | $5K | $40K | 10x | as long as short |
| tradeXYZ xyz:GIGADEV | +0.0050% | 1h | 60.649 | −8.751% | $1.4M | $1.1M | 10x | as long as short |
KuCoin GIGADEVUSDTM
Gate GIGADEV_USDT
HTX GIGADEV-USDT
tradeXYZ xyz:GIGADEV