Funding you earn now, next payment 12:00 UTC−0.0692%/8h= −75.8% APRpaid last 24h +0.062%
Price spread now: edgeX against Bybit+0.052%101s7-day average +0.068% · you sell dearer than you buy
Net, funding: paid 7d − costs−$419as 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−$4524.524% of the position
Funding, last 7 days+0.337%+$34 on $10k
+Price spread, last 4 days (all we have)+0.049%+$5 · spread now +0.052%, 7d avg +0.068%
=Together, before fees+0.386%+ Points / potential airdropedgeX: Active · farm board+$39 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.068%, so right now this pair is about funding alone: −$21 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.337%, so the current rate has only just turned against you. The two prices were read 101 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 0.337% in total (about 17.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit GSUSDT | 961.28 | 0 | get 0.0000% / 8h | 4h 47m | $286K | $38K | 25x |
| Short | edgeX GSUSDC | 961.78 | −0.0692 | pay 0.0346% / 4h | 47m 47s | $27K | $246K | 10x |
Bybit GSUSDT
edgeX GSUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Bybit. 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
- −$145.33
- Price spread: +0.052% → +0.068%
- −$1.64
- Slippage, 4 orders
- −$432.37
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$599.35
- Costs to cover
- 4.524%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 50 min ago; edgeX: live order book, 57 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 Bybit live order book, 50 min ago | 6.99 bp | 102.0 bp −$102 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 57 min ago | 14.48 bp | 142.6 bp −$143 | doesn't fit | doesn't fit | doesn't fit |
GS on 9 exchanges
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 GSUSDCshort | −0.0692% | 4h | 961.78 | +0.052% | $27K | $246K | 10x | |
| Bybit GSUSDTlong | 0.0000% | 8h | 961.28 | long leg | $286K | $38K | 25x | |
| Gate GS_USDT | 0.0000% | 8h | 962.00 | +0.075% | $227K | $10K | 20x | as long as short |
| Bitget GSUSDT | 0.0000% | 8h | 962.49 | +0.126% | $347K | $46K | 20x | as long as short |
| HTX GS-USDT | 0.0000% | 8h | 962.22 | +0.098% | $9K | $37K | 10x | as long as short |
| QFEX GS-USD | 0.0000% | 1h | 962.93 | +0.172% | $1.1M | $2.6M | 10x | as long as short |
| Injective GS/USDC PERP | +0.0033% | 1h | 974.62 | +1.388% | $11K | $39K | 12x | as long as short |
| Binance GSUSDT | +0.0640% | 8h | 961.98 | +0.073% | $426K | $403K | 20x | as long as short |
| GRVT GS_USDT_Perp | +0.1510% | 8h | 961.50 | +0.023% | $125 | $111K | 10x | as long as short |
Gate GS_USDT
Bitget GSUSDT
HTX GS-USDT
QFEX GS-USD
Injective GS/USDC PERP
Binance GSUSDT
GRVT GS_USDT_Perp