Funding you earn now, next payment 12:00 UTC−0.2074%/8h= −227.1% APRpaid last 24h −0.248%
Price spread now: OKX against edgeX−0.055%71s7-day average +0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$349as 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−$3083.075% of the position
Funding, last 7 days−0.416%−$42 on $10k
+Price spread, last 4 days (all we have)+0.143%+$14 · spread now −0.055%, 7d avg +0.019%
=Together, before fees−0.273%+ Points / potential airdropedgeX: Active · farm board−$27 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$62 a day on $10k at the current rate, and OKX is 0.074% cheaper against edgeX than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.019%). Swap the legs. The two prices were read 71 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 -0.416% in total (about -23.8% 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 LGELUSDC | 155.09 | 0.0713 | pay 0.0356% / 4h | 2h 58m | $13K | $220K | 10x |
| Short | OKX LGELECTRONICS-USDT-SWAP | 155.00 | −0.1361 | pay 0.1361% / 8h | 6h 58m | $104K | $95K | 20x |
edgeX LGELUSDC
OKX LGELECTRONICS-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$435.46
- Price spread: −0.055% → +0.019%
- −$7.41
- Slippage, 4 orders
- −$288.52
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$750.38
- Costs to cover
- 3.075%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 33 min ago; OKX: live order book, 31 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, 33 min ago | 15.59 bp | 73.7 bp −$74 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 31 min ago | 7.14 bp | 100.2 bp −$100 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit LGELECTRONICSUSDT | −0.4100% | 8h | 155.01 | −0.049% | $37K | $54K | 25x | as long as short |
| Bitget LGELECTRONICSUSDT | −0.2716% | 8h | 155.17 | +0.055% | $243K | $688K | 20x | as long as short |
| OKX LGELECTRONICS-USDT-SWAPshort | −0.1361% | 8h | 155.00 | −0.055% | $104K | $95K | 20x | |
| MEXC LGELECTRONICS_USDT | −0.0974% | 4h | 155.10 | +0.009% | $215K | $137K | 20x | as long as short |
| Binance LGELECTRONICSUSDT | −0.0956% | 4h | 155.09 | +0.004% | $101K | $714K | 20x | as long as short |
| GRVT LGELECTRONICS_USDT_Perp | −0.0714% | 4h | 154.94 | −0.090% | $522 | $166K | 10x | as long as short |
| Gate LGELECTRONICS_USDT | −0.0274% | 4h | 155.13 | +0.029% | $103K | $70K | 20x | as long as short |
| HTX LGELECTRONICS-USDT | 0.0000% | 4h | 155.09 | +0.003% | $9K | $40K | 10x | as long as short |
| edgeX LGELUSDClong | +0.0713% | 4h | 155.09 | long leg | $13K | $220K | 10x |
Bybit LGELECTRONICSUSDT
Bitget LGELECTRONICSUSDT
MEXC LGELECTRONICS_USDT
Binance LGELECTRONICSUSDT
GRVT LGELECTRONICS_USDT_Perp
Gate LGELECTRONICS_USDT
HTX LGELECTRONICS-USDT