LGELECTRONICS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.4089%/8h= −447.8% APRnext payment −$20.45 per $10,000 · paid last 24h −0.253%

Price spread now: Binance against edgeX+0.101%7-day average +0.019% · you sell dearer than you buy

Net, funding: paid 7d − costs−$221as in the Funding arb table

Net, price: spread back to 7d avg − costs−$164as in the Price arb table

costs, in and out, $10k−$1721.719% of the position

Long on edgeX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.490%−$49 on $10k

Price spread, last 2 days (all we have)−0.075%−$7 · spread now +0.101%, 7d avg +0.019%

Together, before fees−0.565%+ Points / potential airdropedgeX: Active · farm board−$56 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Binance is 0.082% dearer against edgeX than usual: you sell high and buy low (spread +0.101% now, against its 7-day average of +0.019%): +$8 on $10k if it goes back. Holding the pair costs −$123 a day in funding at the current rate, which eats that in about 2 hours. At the pace of the last 7 days (−0.490% in total) that is about 28 hours.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.490% in total (about -25.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$20.45 per $10,000. 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 LGELUSDC	157.38	−0.0642	get 0.0321% / 4h	2h 15m	$13K	$217K	10x
Short	Binance LGELECTRONICSUSDT	157.54	−0.4732	pay 0.2366% / 4h	2h 15m	$113K	$770K	20x

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee edgeXbpFee BinancebpOrdersPrice spread, now +0.101%Rate

Funding earned: −$858.71
Price spread: +0.101% → +0.019%: $8.16
Slippage, 4 orders: −$152.94
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Binance: 5 bp × 2 orders: −$10
Net: −$1,022.49
Costs to cover: 1.719%
Break-even: never at this rate

Slippage from edgeX: live order book, 31 min ago; Binance: live order book, 17 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, 31 min ago	11.41 bp	57.2 bp −$57	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 17 min ago	2.22 bp	40.4 bp −$40	418.7 bp −$4,187	doesn't fit	doesn't fit

LGELECTRONICS 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
Bitget LGELECTRONICSUSDT	−0.4826%	8h	157.84	+0.291%	$241K	$755K	20x	as long as short
MEXC LGELECTRONICS_USDT	−0.4744%	4h	158.05	+0.425%	$237K	$134K	20x	as long as short
Binance LGELECTRONICSUSDTshort	−0.4732%	4h	157.54	+0.101%	$113K	$770K	20x
GRVT LGELECTRONICS_USDT_Perp	−0.4716%	4h	157.34	−0.026%	$297	$175K	10x	as long as short
Gate LGELECTRONICS_USDT	−0.3334%	4h	157.06	−0.204%	$108K	$63K	20x	as long as short
OKX LGELECTRONICS-USDT-SWAP	−0.2925%	8h	157.72	+0.215%	$106K	$101K	20x	as long as short
Bybit LGELECTRONICSUSDT	−0.1818%	8h	156.87	−0.325%	$40K	$55K	25x	as long as short
edgeX LGELUSDClong	−0.0642%	4h	157.38	long leg	$13K	$217K	10x
HTX LGELECTRONICS-USDT	0.0000%	4h	157.43	+0.031%	$9K	$38K	10x	as long as short