Settings8H · net · $10k
Funding arb · Price arb /

GS

RWAall GS markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0555%/8h= +60.8% APRpaid last 24h +0.078%
Price spread now: edgeX against Bitget+0.013%7-day average +0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$328as in the Funding arb table
Net, price: spread back to 7d avg − costs−$368as in the Price arb table
costs, in and out, $10k−$3653.647% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.368%+$37 on $10k
Price spread, last 4 days (all we have)+0.099%+$10 · spread now +0.013%, 7d avg +0.044%
Together, before fees+0.467%+ Points / potential airdropedgeX: Active · farm board+$47 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.032% cheaper against Bitget than usual: you would sell low and buy high (spread +0.013% now, against its 7-day average of +0.044%). If the spread goes back, that is −$3 on $10k: about 5 hours of funding at the current rate (+$17 a day). At the pace of the last 7 days (+0.368% in total) that is about 14 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.368% in total (about 19.2% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget GSUSDT957.750get 0.0000% / 8h1h 34m$356K$39K20x
ShortedgeX GSUSDC957.870.0555get 0.0278% / 4h1h 34m$26K$243K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Bitget. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$116.63
Price spread: +0.013% → +0.044%
−$3.16
Slippage, 4 orders
−$343.66
Fee Bitget: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$251.19
Costs to cover
3.647%
Break-even
22.1 days
Slippage from Bitget: live order book, 1 min ago; edgeX: live order book, 7 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 1 min ago12.88 bp24.4 bp −$2450.0 bp −$500doesn't fitdoesn't fit
Sell edgeX live order book, 7 min ago17.78 bp148.2 bp −$148doesn't fitdoesn't fitdoesn't fit

GS on 9 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance GSUSDT0.0000%8h957.54−0.022%$425K$386K20xas long as short
Bybit GSUSDT0.0000%8h956.60−0.120%$286K$39K25xas long as short
QFEX GS-USD0.0000%1h956.71−0.109%$1.1M$2.7M10xas long as short
Gate GS_USDT0.0000%8h957.00−0.078%$226K$8K20xas long as short
Bitget GSUSDTlong0.0000%8h957.75long leg$356K$39K20x
GRVT GS_USDT_Perp0.0000%8h956.81−0.099%$431$119K10xas long as short
HTX GS-USDT0.0000%8h959.33+0.165%$9K$37K10xas long as short
Injective GS/USDC PERP+0.0220%1h973.08+1.601%$11K$39K12xas long as short
edgeX GSUSDCshort+0.0555%4h957.87+0.013%$26K$243K10x