Funding you earn now, next payment 12:00 UTC+0.0895%/8h= +98.0% APRpaid last 24h +0.135%
Price spread now: Gate against edgeX−0.086%67s7-day average −0.092% · you buy dearer than you sell
Net, funding: paid 7d − costs−$251as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$2792.793% of the position
Funding, last 7 days+0.280%+$28 on $10k
+Price spread, last 4 days (all we have)−0.023%−$2 · spread now −0.086%, 7d avg −0.092%
=Together, before fees+0.257%+ Points / potential airdropedgeX: Active · farm board+$26 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.092%, so right now this pair is about funding alone: +$27 a day on $10k at the current rate. The two prices were read 67 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.280% in total (about 14.6% 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 GIGADEVUSDC | 65.707 | −0.0895 | get 0.0447% / 4h | 3h 38m | $68K | $313K | 10x |
| Short | Gate GIGADEV_USDT | 65.650 | 0 | get 0.0000% / 8h | 7h 38m | $163K | $31K | 20x |
edgeX GIGADEVUSDC
Gate GIGADEV_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $187.95
- Price spread: −0.086% → −0.092%
- $0.62
- Slippage, 4 orders
- −$255.28
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$90.71
- Costs to cover
- 2.793%
- Break-even
- 10.4 days
Slippage from edgeX: live order book, 60 min ago; Gate: live order book, 52 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, 60 min ago | 9.13 bp | 17.0 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 52 min ago | 12.19 bp | 113.6 bp −$114 | 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:GIGADEV | −0.1357% | 1h | 59.799 | −8.991% | $1.3M | $995K | 10x | as long as short |
| edgeX GIGADEVUSDClong | −0.0895% | 4h | 65.707 | long leg | $68K | $313K | 10x | |
| KuCoin GIGADEVUSDTM | −0.0872% | 4h | 65.690 | −0.025% | $21K | $101K | 20x | as long as short |
| Binance GIGADEVUSDT | −0.0544% | 4h | 65.667 | −0.061% | $976K | $2.9M | 20x | as long as short |
| Gate GIGADEV_USDTshort | 0.0000% | 8h | 65.650 | −0.086% | $163K | $31K | 20x | |
| HTX GIGADEV-USDT | 0.0000% | 4h | 65.670 | −0.056% | $5K | $40K | 10x | as long as short |
tradeXYZ xyz:GIGADEV
KuCoin GIGADEVUSDTM
Binance GIGADEVUSDT
HTX GIGADEV-USDT