Funding you earn now, next payment 08:00 UTC−0.0400%/8h= −43.8% APRpaid last 24h −0.030%
Price spread now: Binance against edgeX−0.048%80s7-day average +0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$376as 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−$3453.447% of the position
Funding, last 7 days−0.317%−$32 on $10k
+Price spread, last 2 days (all we have)+0.142%+$14 · spread now −0.048%, 7d avg +0.017%
=Together, before fees−0.174%+ Points / potential airdropedgeX: Active · farm board−$17 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Binance is 0.065% cheaper against edgeX than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.017%). Swap the legs. The two prices were read 80 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX GSUSDC | 958.50 | 0.0400 | pay 0.0200% / 4h | 2h 14m | $26K | $244K | 10x |
| Short | Binance GSUSDT | 958.04 | 0 | get 0.0000% / 8h | 2h 14m | $425K | $384K | 20x |
edgeX GSUSDC
Binance GSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- −$84.08
- Price spread: −0.048% → +0.017%
- −$6.53
- Slippage, 4 orders
- −$325.66
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$435.26
- Costs to cover
- 3.447%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 33 min ago; Binance: live order book, 18 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, 33 min ago | 21.84 bp | 152.5 bp −$153 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 18 min ago | 5.85 bp | 14.7 bp −$15 | 58.6 bp −$586 | 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 GSUSDTshort | 0.0000% | 8h | 958.04 | −0.048% | $425K | $384K | 20x | |
| Bybit GSUSDT | 0.0000% | 8h | 957.01 | −0.155% | $286K | $43K | 25x | as long as short |
| QFEX GS-USD | 0.0000% | 1h | 957.45 | −0.110% | $1.1M | $2.7M | 10x | as long as short |
| Gate GS_USDT | 0.0000% | 8h | 956.80 | −0.177% | $226K | $8K | 20x | as long as short |
| Bitget GSUSDT | 0.0000% | 8h | 958.55 | +0.005% | $356K | $38K | 20x | as long as short |
| GRVT GS_USDT_Perp | 0.0000% | 8h | 957.70 | −0.083% | — | $120K | 10x | as long as short |
| HTX GS-USDT | 0.0000% | 8h | 957.52 | −0.102% | $9K | $37K | 10x | as long as short |
| Injective GS/USDC PERP | +0.0220% | 1h | 978.89 | +2.127% | $11K | $39K | 12x | as long as short |
| edgeX GSUSDClong | +0.0400% | 4h | 958.50 | long leg | $26K | $244K | 10x |
Bybit GSUSDT
QFEX GS-USD
Gate GS_USDT
Bitget GSUSDT
GRVT GS_USDT_Perp
HTX GS-USDT
Injective GS/USDC PERP