Funding you earn now, next payment 12:00 UTC+0.2639%/8h= +288.9% APRpaid last 24h +0.328%
Price spread now: edgeX against Bitget+0.085%7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs−$157as in the Price arb table
costs, in and out, $10k−$1651.651% of the position
Funding, last 7 days+0.763%+$76 on $10k
+Price spread, last 4 days (all we have)−0.048%−$5 · spread now +0.085%, 7d avg +0.007%
=Together, before fees+0.716%+ Points / potential airdropedgeX: Active · farm board+$72 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$79 a day on $10k at the current rate, and edgeX is 0.078% dearer against Bitget than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.007%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.763% in total (about 39.8% 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 | Bitget NAVERUSDT | 147.12 | −0.3337 | get 0.3337% / 8h | 7h 38m | $58K | $289K | 20x |
| Short | edgeX NAVERUSDC | 147.25 | −0.0698 | pay 0.0349% / 4h | 3h 38m | $7K | $206K | 10x |
Bitget NAVERUSDT
edgeX NAVERUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Bitget. 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
- $554.14
- Price spread: +0.085% → +0.007%
- $7.84
- Slippage, 4 orders
- −$144.09
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $396.88
- Costs to cover
- 1.651%
- Break-even
- 2.0 days
Slippage from Bitget: live order book, 51 min ago; edgeX: live order book, 58 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 Bitget live order book, 51 min ago | 11.17 bp | 30.0 bp −$30 | 74.6 bp −$746 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 58 min ago | 12.53 bp | 44.6 bp −$45 | doesn't fit | doesn't fit | doesn't fit |
NAVER on 8 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 NAVERUSDTlong | −0.3337% | 8h | 147.12 | long leg | $58K | $289K | 20x | |
| OKX NAVER-USDT-SWAP | −0.0911% | 8h | 147.13 | +0.007% | $11K | $34K | 20x | as long as short |
| edgeX NAVERUSDCshort | −0.0698% | 4h | 147.25 | +0.085% | $7K | $206K | 10x | |
| Binance NAVERUSDT | −0.0038% | 4h | 147.24 | +0.084% | $109K | $214K | 20x | as long as short |
| Bybit NAVERUSDT | 0.0000% | 8h | 147.34 | +0.150% | $20K | $16K | 25x | as long as short |
| Gate NAVER_USDT | 0.0000% | 4h | 147.59 | +0.319% | $78K | $28K | 20x | as long as short |
| GRVT NAVER_USDT_Perp | 0.0000% | 4h | 147.36 | +0.165% | $877 | $111K | 10x | as long as short |
| HTX NAVER-USDT | 0.0000% | 4h | 147.25 | +0.088% | $5K | $379K | 10x | as long as short |
OKX NAVER-USDT-SWAP
Binance NAVERUSDT
Bybit NAVERUSDT
Gate NAVER_USDT
GRVT NAVER_USDT_Perp
HTX NAVER-USDT