Funding you earn now, next payment 08:00 UTC+0.3500%/8h= +383.2% APRpaid last 24h +0.194%
Price spread now: edgeX against OKX−0.247%111s7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$2632.631% of the position
Funding, last 6 days (all we have)+0.196%+$20 on $10k
+Price spread, last 4 days (all we have)+0.233%+$23 · spread now −0.247%, 7d avg −0.015%
=Together, before fees+0.430%+ Points / potential airdropedgeX: Active · farm board+$43 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.232% cheaper against OKX than usual: you would sell low and buy high (spread −0.247% now, against its 7-day average of −0.015%). If the spread goes back, that is −$23 on $10k: about 5 hours of funding at the current rate (+$105 a day). At the pace of the last 6 days (+0.196% in total) that is about 7.4 days. The two prices were read 111 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 6 days it paid 0.196% in total (about 11.5% 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 | OKX LGELECTRONICS-USDT-SWAP | 157.78 | −0.2909 | get 0.2909% / 8h | 2h 11m | $106K | $101K | 20x |
| Short | edgeX LGELUSDC | 157.39 | 0.0591 | get 0.0295% / 4h | 2h 11m | $13K | $218K | 10x |
OKX LGELECTRONICS-USDT-SWAP
edgeX LGELUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against OKX. 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
- $734.96
- Price spread: −0.247% → −0.015%
- −$23.23
- Slippage, 4 orders
- −$244.09
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $448.63
- Costs to cover
- 2.631%
- Break-even
- 2.7 days
Slippage from OKX: live order book, 33 min ago; edgeX: live order book, 35 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 OKX live order book, 33 min ago | 7.92 bp | 97.6 bp −$98 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 35 min ago | 11.41 bp | 22.3 bp −$22 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget LGELECTRONICSUSDT | −0.4842% | 8h | 158.02 | +0.152% | $242K | $745K | 20x | as long as short |
| GRVT LGELECTRONICS_USDT_Perp | −0.4706% | 4h | 157.31 | −0.298% | $289 | $175K | 10x | as long as short |
| MEXC LGELECTRONICS_USDT | −0.4700% | 4h | 158.34 | +0.355% | $237K | $134K | 20x | as long as short |
| Binance LGELECTRONICSUSDT | −0.4695% | 4h | 157.71 | −0.044% | $113K | $770K | 20x | as long as short |
| Gate LGELECTRONICS_USDT | −0.3426% | 4h | 157.47 | −0.196% | $108K | $63K | 20x | as long as short |
| OKX LGELECTRONICS-USDT-SWAPlong | −0.2909% | 8h | 157.78 | long leg | $106K | $101K | 20x | |
| Bybit LGELECTRONICSUSDT | −0.1832% | 8h | 157.04 | −0.469% | $40K | $55K | 25x | as long as short |
| HTX LGELECTRONICS-USDT | 0.0000% | 4h | 157.60 | −0.114% | $9K | $38K | 10x | as long as short |
| edgeX LGELUSDCshort | +0.0591% | 4h | 157.39 | −0.247% | $13K | $218K | 10x |
Bitget LGELECTRONICSUSDT
GRVT LGELECTRONICS_USDT_Perp
MEXC LGELECTRONICS_USDT
Binance LGELECTRONICSUSDT
Gate LGELECTRONICS_USDT
Bybit LGELECTRONICSUSDT
HTX LGELECTRONICS-USDT