Funding you earn now, next payment 08:00 UTC−0.4253%/8h= −465.7% APRnext payment −$21.26 per $10,000 · paid last 24h −0.244%
Price spread now: Gate against edgeX−0.047%52s7-day average +0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$261as 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−$2232.230% of the position
Funding, last 7 days−0.384%−$38 on $10k
+Price spread, last 4 days (all we have)+0.002%$0 · spread now −0.047%, 7d avg +0.010%
=Together, before fees−0.382%+ Points / potential airdropedgeX: Active · farm board−$38 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$128 a day on $10k at the current rate, and Gate is 0.057% cheaper against edgeX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.010%). Swap the legs. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.384% in total (about -20.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$21.26 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 | 157.19 | 0.0917 | pay 0.0458% / 4h | 2h 16m | $13K | $217K | 10x |
| Short | Gate LGELECTRONICS_USDT | 157.12 | −0.3336 | pay 0.1668% / 4h | 2h 16m | $108K | $63K | 20x |
edgeX LGELUSDC
Gate LGELECTRONICS_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
- −$893.05
- Price spread: −0.047% → +0.010%
- −$5.66
- Slippage, 4 orders
- −$199.04
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$1,121.75
- Costs to cover
- 2.230%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 30 min ago; Gate: live order book, 40 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, 30 min ago | 11.41 bp | 57.2 bp −$57 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 40 min ago | 0.63 bp | 18.1 bp −$18 | 53.2 bp −$532 | 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 | −0.4822% | 8h | 158.02 | +0.526% | $242K | $755K | 20x | as long as short |
| MEXC LGELECTRONICS_USDT | −0.4750% | 4h | 158.20 | +0.640% | $237K | $134K | 20x | as long as short |
| Binance LGELECTRONICSUSDT | −0.4744% | 4h | 157.62 | +0.273% | $113K | $770K | 20x | as long as short |
| GRVT LGELECTRONICS_USDT_Perp | −0.4716% | 4h | 157.34 | +0.093% | $297 | $175K | 10x | as long as short |
| Gate LGELECTRONICS_USDTshort | −0.3336% | 4h | 157.12 | −0.047% | $108K | $63K | 20x | |
| OKX LGELECTRONICS-USDT-SWAP | −0.2945% | 8h | 157.45 | +0.163% | $106K | $100K | 20x | as long as short |
| Bybit LGELECTRONICSUSDT | −0.1817% | 8h | 157.00 | −0.123% | $40K | $55K | 25x | as long as short |
| HTX LGELECTRONICS-USDT | 0.0000% | 4h | 157.43 | +0.150% | $9K | $38K | 10x | as long as short |
| edgeX LGELUSDClong | +0.0917% | 4h | 157.19 | long leg | $13K | $217K | 10x |
Bitget LGELECTRONICSUSDT
MEXC LGELECTRONICS_USDT
Binance LGELECTRONICSUSDT
GRVT LGELECTRONICS_USDT_Perp
OKX LGELECTRONICS-USDT-SWAP
Bybit LGELECTRONICSUSDT
HTX LGELECTRONICS-USDT