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: Binance against edgeX+0.208%7-day average −0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as 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)+0.016%+$2 · spread now +0.208%, 7d avg −0.003%
=Together, before fees−0.069%+ Points / potential airdropedgeX: Active · farm board−$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$28 a day on $10k at the current rate, and Binance is 0.211% dearer against edgeX than usual: you sell high and buy low: +$21 more if the spread goes back to its 7-day average of −0.003%. Mind the row above: over the last 7 days funding on this pair cost −0.084%, so the current rate has only just turned in your favour.
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 | edgeX GIGADEVUSDC | 66.272 | −0.0944 | get 0.0472% / 4h | 2h 11m | $69K | $312K | 10x |
| Short | Binance GIGADEVUSDT | 66.410 | 0 | get 0.0000% / 4h | 2h 11m | $1.0M | $2.9M | 20x |
edgeX GIGADEVUSDC
Binance GIGADEVUSDTFunding 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
- $198.25
- Price spread: +0.208% → −0.003%
- $21.11
- Slippage, 4 orders
- −$58.02
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $142.34
- Costs to cover
- 0.770%
- Break-even
- 2.0 days
Slippage from edgeX: live order book, 37 min ago; Binance: live order book, 9 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, 37 min ago | 9.05 bp | 16.8 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 4.54 bp | 25.8 bp −$26 | 80.8 bp −$808 | 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 GIGADEVUSDClong | −0.0944% | 4h | 66.272 | long leg | $69K | $312K | 10x | |
| KuCoin GIGADEVUSDTM | −0.0450% | 4h | 66.200 | −0.109% | $21K | $47K | 20x | as long as short |
| Binance GIGADEVUSDTshort | 0.0000% | 4h | 66.410 | +0.208% | $1.0M | $2.9M | 20x | |
| Gate GIGADEV_USDT | 0.0000% | 8h | 66.220 | −0.079% | $165K | $35K | 20x | as long as short |
| HTX GIGADEV-USDT | 0.0000% | 4h | 66.220 | −0.079% | $5K | $40K | 10x | as long as short |
| tradeXYZ xyz:GIGADEV | +0.0050% | 1h | 60.649 | −8.485% | $1.4M | $1.1M | 10x | as long as short |
KuCoin GIGADEVUSDTM
Gate GIGADEV_USDT
HTX GIGADEV-USDT
tradeXYZ xyz:GIGADEV