Funding you earn now, next payment 08:00 UTC−0.0780%/8h= −85.4% APRpaid last 24h −0.078%
Price spread now: Bybit against edgeX−0.023%7-day average −0.062% · you buy dearer than you sell
Net, funding: paid 7d − costs−$524as in the Funding arb table
Net, price: spread back to 7d avg − costs−$483as in the Price arb table
costs, in and out, $10k−$4874.871% of the position
Funding, last 7 days−0.368%−$37 on $10k
+Price spread, last 4 days (all we have)−0.070%−$7 · spread now −0.023%, 7d avg −0.062%
=Together, before fees−0.438%+ Points / potential airdropedgeX: Active · farm board−$44 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bybit is 0.040% dearer against edgeX than usual: you sell high and buy low (spread −0.023% now, against its 7-day average of −0.062%): +$4 on $10k if it goes back. Holding the pair costs −$23 a day in funding at the current rate, which eats that in about 4 hours. At the pace of the last 7 days (−0.368% in total) that is about 18 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 | edgeX GSUSDC | 957.77 | 0.0780 | pay 0.0390% / 4h | 2h 59m | $26K | $244K | 10x |
| Short | Bybit GSUSDT | 957.55 | 0 | get 0.0000% / 8h | 2h 59m | $285K | $42K | 25x |
edgeX GSUSDC
Bybit GSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$163.87
- Price spread: −0.023% → −0.062%
- $3.95
- Slippage, 4 orders
- −$467.14
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$647.06
- Costs to cover
- 4.871%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 53 min ago; Bybit: live order book, 41 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, 53 min ago | 28.08 bp | 160.1 bp −$160 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 41 min ago | 12.95 bp | 63.9 bp −$64 | 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 | 957.95 | +0.019% | $429K | $376K | 20x | as long as short |
| Bybit GSUSDTshort | 0.0000% | 8h | 957.55 | −0.023% | $285K | $42K | 25x | |
| QFEX GS-USD | 0.0000% | 1h | 957.67 | −0.010% | $1.1M | $2.7M | 10x | as long as short |
| Gate GS_USDT | 0.0000% | 8h | 957.20 | −0.059% | $226K | $8K | 20x | as long as short |
| Bitget GSUSDT | 0.0000% | 8h | 958.00 | +0.024% | $353K | $37K | 20x | as long as short |
| GRVT GS_USDT_Perp | 0.0000% | 8h | 957.44 | −0.034% | — | $120K | 10x | as long as short |
| HTX GS-USDT | 0.0000% | 8h | 958.68 | +0.095% | $9K | $37K | 10x | as long as short |
| Injective GS/USDC PERP | +0.0220% | 1h | 1,017.9 | +6.275% | $12K | $39K | 12x | as long as short |
| edgeX GSUSDClong | +0.0780% | 4h | 957.77 | long leg | $26K | $244K | 10x |
Binance GSUSDT
QFEX GS-USD
Gate GS_USDT
Bitget GSUSDT
GRVT GS_USDT_Perp
HTX GS-USDT
Injective GS/USDC PERP