Funding you earn now, next payment 08:00 UTC−0.0555%/8h= −60.8% APRpaid last 24h −0.078%
Price spread now: Gate against edgeX−0.091%7-day average −0.202% · you buy dearer than you sell
Net, funding: paid 7d − costs−$542as in the Funding arb table
Net, price: spread back to 7d avg − costs−$492as in the Price arb table
costs, in and out, $10k−$5035.034% of the position
Funding, last 7 days−0.388%−$39 on $10k
+Price spread, last 4 days (all we have)+0.040%+$4 · spread now −0.091%, 7d avg −0.202%
=Together, before fees−0.347%+ Points / potential airdropedgeX: Active · farm board−$35 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Gate is 0.111% dearer against edgeX than usual: you sell high and buy low (spread −0.091% now, against its 7-day average of −0.202%): +$11 on $10k if it goes back. Holding the pair costs −$17 a day in funding at the current rate, which eats that in about 16 hours. At the pace of the last 7 days (−0.388% in total) that is about 48 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.388% in total (about -20.2% 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 | 957.87 | 0.0555 | pay 0.0278% / 4h | 1h 34m | $26K | $243K | 10x |
| Short | Gate GS_USDT | 957.00 | 0 | get 0.0000% / 8h | 1h 34m | $226K | $8K | 20x |
edgeX GSUSDC
Gate GS_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$116.63
- Price spread: −0.091% → −0.202%
- $11.06
- Slippage, 4 orders
- −$479.39
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$608.96
- Costs to cover
- 5.034%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 7 min ago; Gate: live order book, 2 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, 7 min ago | 17.78 bp | 143.9 bp −$144 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 10.46 bp | 20.9 bp −$21 | 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 | −0.035% | $425K | $386K | 20x | as long as short |
| Bybit GSUSDT | 0.0000% | 8h | 956.60 | −0.133% | $286K | $39K | 25x | as long as short |
| QFEX GS-USD | 0.0000% | 1h | 956.71 | −0.122% | $1.1M | $2.7M | 10x | as long as short |
| Gate GS_USDTshort | 0.0000% | 8h | 957.00 | −0.091% | $226K | $8K | 20x | |
| Bitget GSUSDT | 0.0000% | 8h | 957.75 | −0.013% | $356K | $39K | 20x | as long as short |
| GRVT GS_USDT_Perp | 0.0000% | 8h | 956.81 | −0.112% | $431 | $119K | 10x | as long as short |
| HTX GS-USDT | 0.0000% | 8h | 959.33 | +0.152% | $9K | $37K | 10x | as long as short |
| Injective GS/USDC PERP | +0.0220% | 1h | 973.08 | +1.587% | $11K | $39K | 12x | as long as short |
| edgeX GSUSDClong | +0.0555% | 4h | 957.87 | long leg | $26K | $243K | 10x |
Binance GSUSDT
Bybit GSUSDT
QFEX GS-USD
Bitget GSUSDT
GRVT GS_USDT_Perp
HTX GS-USDT
Injective GS/USDC PERP