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
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget GSUSDT | 957.75 | 0 | get 0.0000% / 8h | 1h 34m | $356K | $39K | 20x |
| Short | edgeX GSUSDC | 957.87 | 0.0555 | get 0.0278% / 4h | 1h 34m | $26K | $243K | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bitget live order book, 1 min ago | 12.88 bp | 24.4 bp −$24 | 50.0 bp −$500 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 7 min ago | 17.78 bp | 148.2 bp −$148 | doesn't fit | doesn't fit | doesn't fit |
GS on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance GSUSDT | 0.0000% | 8h | 957.54 | −0.022% | $425K | $386K | 20x | as long as short |
| Bybit GSUSDT | 0.0000% | 8h | 956.60 | −0.120% | $286K | $39K | 25x | as long as short |
| QFEX GS-USD | 0.0000% | 1h | 956.71 | −0.109% | $1.1M | $2.7M | 10x | as long as short |
| Gate GS_USDT | 0.0000% | 8h | 957.00 | −0.078% | $226K | $8K | 20x | as long as short |
| Bitget GSUSDTlong | 0.0000% | 8h | 957.75 | long leg | $356K | $39K | 20x | |
| GRVT GS_USDT_Perp | 0.0000% | 8h | 956.81 | −0.099% | $431 | $119K | 10x | as long as short |
| HTX GS-USDT | 0.0000% | 8h | 959.33 | +0.165% | $9K | $37K | 10x | as long as short |
| Injective GS/USDC PERP | +0.0220% | 1h | 973.08 | +1.601% | $11K | $39K | 12x | as long as short |
| edgeX GSUSDCshort | +0.0555% | 4h | 957.87 | +0.013% | $26K | $243K | 10x |
Bitget GSUSDT
edgeX GSUSDC
Binance GSUSDT
Bybit GSUSDT
Gate GS_USDT
GRVT GS_USDT_Perp
HTX GS-USDT
Injective GS/USDC PERP