Funding you earn now, next payment 08:00 UTC−0.0944%/8h= −103.4% APRpaid last 24h −0.071%
Price spread now: edgeX against Gate+0.079%7-day average +0.097% · you sell dearer than you buy
Net, funding: paid 7d − costs−$334as in the Funding arb table
Net, price: spread back to 7d avg − costs−$319as in the Price arb table
costs, in and out, $10k−$3173.171% of the position
Funding, last 7 days−0.172%−$17 on $10k
+Price spread, last 4 days (all we have)+0.066%+$7 · spread now +0.079%, 7d avg +0.097%
=Together, before fees−0.107%+ Points / potential airdropedgeX: Active · farm board−$11 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.097%, so right now this pair is about funding alone: −$28 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.172% in total (about -9.0% 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 | Gate GIGADEV_USDT | 66.220 | 0 | get 0.0000% / 8h | 2h 11m | $165K | $35K | 20x |
| Short | edgeX GIGADEVUSDC | 66.272 | −0.0944 | pay 0.0472% / 4h | 2h 11m | $69K | $312K | 10x |
Gate GIGADEV_USDT
edgeX GIGADEVUSDCFunding 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
- −$198.25
- Price spread: +0.079% → +0.097%
- −$1.84
- Slippage, 4 orders
- −$293.09
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$517.18
- Costs to cover
- 3.171%
- Break-even
- never at this rate
Slippage from Gate: live order book, 29 min ago; edgeX: live order book, 36 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, 29 min ago | 12.11 bp | 108.0 bp −$108 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 36 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 | +0.079% | $69K | $312K | 10x | |
| KuCoin GIGADEVUSDTM | −0.0450% | 4h | 66.200 | −0.030% | $21K | $47K | 20x | as long as short |
| Binance GIGADEVUSDT | 0.0000% | 4h | 66.410 | +0.287% | $1.0M | $2.9M | 20x | as long as short |
| Gate GIGADEV_USDTlong | 0.0000% | 8h | 66.220 | long leg | $165K | $35K | 20x | |
| HTX GIGADEV-USDT | 0.0000% | 4h | 66.220 | 0.000% | $5K | $40K | 10x | as long as short |
| tradeXYZ xyz:GIGADEV | +0.0050% | 1h | 60.649 | −8.413% | $1.4M | $1.1M | 10x | as long as short |
KuCoin GIGADEVUSDTM
Binance GIGADEVUSDT
HTX GIGADEV-USDT
tradeXYZ xyz:GIGADEV