Funding you earn now, next payment 01:00 UTC+0.0477%/8h= +52.2% APRpaid last 24h +0.037%
Price spread now: tradeXYZ against Binance+0.006%7-day average −0.056% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.442%+$44 on $10k
+Price spread, last 2 days (all we have)−0.041%−$4 · spread now +0.006%, 7d avg −0.056%
=Together, before fees+0.401%+ Points / potential airdroptradeXYZ: Active · farm board+$40 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and tradeXYZ is 0.062% dearer against Binance than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.056%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance NETUSDT | 353.32 | 0 | get 0.0000% / 8h | 7h 52m | $370K | $839K | 20x |
| Short | tradeXYZ xyz:NET | 353.34 | 0.0477 | get 0.0060% / 1h | 52m 26s | $372K | $188K | 10x |
Binance NETUSDT
tradeXYZ xyz:NETFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $100.08
- Price spread: +0.006% → −0.056%
- $6.23
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- $78.31
- Costs to cover
- 0.280%
- Break-even
- 1.5 days
Slippage unknown: Binance: live order book, 55 min ago; tradeXYZ: live order book, 4 min ago. Net counts fees only.
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, 55 min ago | 4.39 bp | 22.1 bp −$22 | 87.9 bp −$879 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 4 min ago | 7.37 bp | 34.6 bp −$35 | doesn't fit | doesn't fit | doesn't fit |
NET 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 | |
|---|---|---|---|---|---|---|---|---|
| Paragon para:NET | −0.0582% | 1h | 351.18 | −0.605% | $174K | $38K | 10x | as long as short |
| edgeX NETUSDC | −0.0209% | 4h | 353.16 | −0.046% | $37K | $322K | 10x | as long as short |
| Binance NETUSDTlong | 0.0000% | 8h | 353.32 | long leg | $370K | $839K | 20x | |
| Bybit NETUSDT | 0.0000% | 8h | 353.04 | −0.079% | $384K | $112K | 25x | as long as short |
| OKX NET-USDT-SWAP | 0.0000% | 8h | 353.79 | +0.133% | $178K | $105K | 20x | as long as short |
| Gate NET_USDT | 0.0000% | 8h | 352.90 | −0.119% | $40K | $6K | 20x | as long as short |
| Bitget NETUSDT | 0.0000% | 8h | 353.33 | +0.003% | $205K | $623K | 20x | as long as short |
| HTX NET-USDT | 0.0000% | 8h | 353.24 | −0.022% | $9K | $348K | 20x | as long as short |
| Phoenix NET | +0.0068% | 1h | 352.98 | −0.096% | $167 | $85K | 10x | as long as short |
| tradeXYZ xyz:NETshort | +0.0477% | 1h | 353.34 | +0.006% | $372K | $188K | 10x |
Paragon para:NET
edgeX NETUSDC
Bybit NETUSDT
OKX NET-USDT-SWAP
Gate NET_USDT
Bitget NETUSDT
HTX NET-USDT
Phoenix NET