Funding you earn now, next payment 12:00 UTC−0.0067%/8h= −7.4% APRpaid last 24h −0.012%
Price spread now: edgeX against Binance+0.032%70s7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$178as 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−$1541.542% of the position
Funding, last 7 days−0.236%−$24 on $10k
+Price spread, last 2 days (all we have)−0.479%−$48 · spread now +0.032%, 7d avg +0.001%
=Together, before fees−0.715%+ Points / potential airdropedgeX: Active · farm board−$71 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.031% dearer against Binance than usual: you sell high and buy low (spread +0.032% now, against its 7-day average of +0.001%): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 36 hours. The two prices were read 70 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance MARAUSDT | 13.017 | 0 | get 0.0000% / 8h | 7h 44m | $175K | $478K | 20x |
| Short | edgeX MARAUSDC | 13.021 | −0.0067 | pay 0.0034% / 4h | 3h 44m | $15K | $312K | 10x |
Binance MARAUSDT
edgeX MARAUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Binance. 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
- −$14.11
- Price spread: +0.032% → +0.001%
- $3.06
- Slippage, 4 orders
- −$135.16
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$165.2
- Costs to cover
- 1.542%
- Break-even
- never at this rate
Slippage from Binance: live order book, 17 min ago; edgeX: live order book, 54 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 Binance live order book, 17 min ago | 3.83 bp | 13.2 bp −$13 | 69.3 bp −$693 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 54 min ago | 19.12 bp | 49.1 bp −$49 | doesn't fit | doesn't fit | doesn't fit |
MARA on 10 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 MARAUSDCshort | −0.0067% | 4h | 13.021 | +0.032% | $15K | $312K | 10x | |
| Bitget MARAUSDT | −0.0041% | 8h | 12.988 | −0.225% | $90K | $2.8M | 20x | as long as short |
| Binance MARAUSDTlong | 0.0000% | 8h | 13.017 | long leg | $175K | $478K | 20x | |
| Bybit MARAUSDT | 0.0000% | 8h | 13.010 | −0.056% | $263K | $142K | 25x | as long as short |
| OKX MARA-USDT-SWAP | 0.0000% | 8h | 12.990 | −0.209% | $60K | $184K | 20x | as long as short |
| Gate MARA_USDT | 0.0000% | 8h | 13.027 | +0.075% | $30K | $13K | 20x | as long as short |
| HTX MARA-USDT | 0.0000% | 8h | 13.010 | −0.056% | $5K | $254K | 20x | as long as short |
| Phemex MARAUSDT | 0.0000% | 8h | 13.020 | +0.021% | $373K | $38K | 20x | as long as short |
| Extended MARA-USD | +0.0040% | 1h | 12.986 | −0.243% | $1K | — | 5x | as long as short |
| KuCoin MARAUSDTM | +0.0100% | 8h | 13.021 | +0.029% | $25K | $2.9M | 20x | as long as short |
Bitget MARAUSDT
Bybit MARAUSDT
OKX MARA-USDT-SWAP
Gate MARA_USDT
HTX MARA-USDT
Phemex MARAUSDT
Extended MARA-USD
KuCoin MARAUSDTM