Funding you earn now, next payment 12:00 UTC−0.0098%/8h= −10.7% APRpaid last 24h +0.062%
Price spread now: edgeX against Gate+0.029%7-day average +0.194% · you sell dearer than you buy
Net, funding: paid 7d − costs−$467as in the Funding arb table
Net, price: spread back to 7d avg − costs−$517as in the Price arb table
costs, in and out, $10k−$5005.002% of the position
Funding, last 7 days+0.337%+$34 on $10k
+Price spread, last 4 days (all we have)+0.025%+$2 · spread now +0.029%, 7d avg +0.194%
=Together, before fees+0.361%+ Points / potential airdropedgeX: Active · farm board+$36 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and edgeX is 0.165% cheaper against Gate than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of +0.194%). Swap the legs. 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate GS_USDT | 957.40 | 0 | get 0.0000% / 8h | 7h 03m | $226K | $10K | 20x |
| Short | edgeX GSUSDC | 957.68 | −0.0098 | pay 0.0049% / 4h | 3h 03m | $26K | $244K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Gate. 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
- −$20.49
- Price spread: +0.029% → +0.194%
- −$16.48
- Slippage, 4 orders
- −$476.24
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$537.21
- Costs to cover
- 5.002%
- Break-even
- never at this rate
Slippage from Gate: live order book, 23 min ago; edgeX: live order book, 29 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 Gate live order book, 23 min ago | 0.52 bp | 167.8 bp −$168 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 29 min ago | 32.35 bp | 158.4 bp −$158 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX GSUSDCshort | −0.0098% | 4h | 957.68 | +0.029% | $26K | $244K | 10x | |
| Binance GSUSDT | 0.0000% | 8h | 958.12 | +0.076% | $425K | $396K | 20x | as long as short |
| Bybit GSUSDT | 0.0000% | 8h | 957.09 | −0.032% | $285K | $39K | 25x | as long as short |
| QFEX GS-USD | 0.0000% | 1h | 958.31 | +0.095% | $1.1M | $2.7M | 10x | as long as short |
| Gate GS_USDTlong | 0.0000% | 8h | 957.40 | long leg | $226K | $10K | 20x | |
| Bitget GSUSDT | 0.0000% | 8h | 956.45 | −0.099% | $345K | $50K | 20x | as long as short |
| HTX GS-USDT | 0.0000% | 8h | 955.78 | −0.169% | $9K | $37K | 10x | as long as short |
| Injective GS/USDC PERP | +0.0220% | 1h | 967.67 | +1.073% | $11K | $39K | 12x | as long as short |
| GRVT GS_USDT_Perp | +0.0998% | 8h | 957.35 | −0.005% | $469 | $115K | 10x | as long as short |
Gate GS_USDT
edgeX GSUSDC
Binance GSUSDT
Bybit GSUSDT
Bitget GSUSDT
HTX GS-USDT
Injective GS/USDC PERP
GRVT GS_USDT_Perp