Funding you earn now, next payment 12:00 UTC−0.1689%/8h= −184.9% APRpaid last 24h −0.328%
Price spread now: Bitget against edgeX+0.077%114s7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$237as 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−$1611.606% of the position
Funding, last 7 days−0.763%−$76 on $10k
+Price spread, last 4 days (all we have)+0.030%+$3 · spread now +0.077%, 7d avg −0.007%
=Together, before fees−0.734%+ Points / potential airdropedgeX: Active · farm board−$73 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.084% dearer against edgeX than usual: you sell high and buy low (spread +0.077% now, against its 7-day average of −0.007%): +$8 on $10k if it goes back. Holding the pair costs −$51 a day in funding at the current rate, which eats that in about 4 hours. At the pace of the last 7 days (−0.763% in total) that is about 19 hours. The two prices were read 114 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 -0.763% 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 are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX NAVERUSDC | 147.73 | −0.0172 | get 0.0086% / 4h | 2h 19m | $7K | $206K | 10x |
| Short | Bitget NAVERUSDT | 147.84 | −0.1861 | pay 0.1861% / 8h | 6h 19m | $57K | $289K | 20x |
edgeX NAVERUSDC
Bitget NAVERUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$354.62
- Price spread: +0.077% → −0.007%
- $8.44
- Slippage, 4 orders
- −$139.64
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$506.82
- Costs to cover
- 1.606%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 30 min ago; Bitget: live order book, 27 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 | 11.87 bp | 36.2 bp −$36 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 27 min ago | 9.49 bp | 46.9 bp −$47 | 103.1 bp −$1,031 | doesn't fit | doesn't fit |
NAVER on 8 exchanges
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 NAVERUSDTshort | −0.1861% | 8h | 147.84 | +0.077% | $57K | $289K | 20x | |
| OKX NAVER-USDT-SWAP | −0.0299% | 8h | 147.25 | −0.322% | $10K | $34K | 20x | as long as short |
| edgeX NAVERUSDClong | −0.0172% | 4h | 147.73 | long leg | $7K | $206K | 10x | |
| Binance NAVERUSDT | 0.0000% | 4h | 147.76 | +0.023% | $108K | $214K | 20x | as long as short |
| Bybit NAVERUSDT | 0.0000% | 8h | 147.82 | +0.064% | $20K | $17K | 25x | as long as short |
| Gate NAVER_USDT | 0.0000% | 4h | 147.87 | +0.098% | $78K | $28K | 20x | as long as short |
| GRVT NAVER_USDT_Perp | 0.0000% | 4h | 147.79 | +0.042% | $606 | $106K | 10x | as long as short |
| HTX NAVER-USDT | 0.0000% | 4h | 147.90 | +0.118% | $5K | $377K | 10x | as long as short |
OKX NAVER-USDT-SWAP
Binance NAVERUSDT
Bybit NAVERUSDT
Gate NAVER_USDT
GRVT NAVER_USDT_Perp
HTX NAVER-USDT