Funding you earn now, next payment 08:00 UTC−0.0560%/8h= −61.3% APRpaid last 24h +0.012%
Price spread now: edgeX against Bitget+0.019%104s7-day average +0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$133as 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−$1151.155% of the position
Funding, last 7 days−0.173%−$17 on $10k
+Price spread, last 4 days (all we have)−0.010%−$1 · spread now +0.019%, 7d avg +0.025%
=Together, before fees−0.183%+ Points / potential airdropedgeX: Active · farm board−$18 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.025%, so right now this pair is about funding alone: −$17 a day on $10k at the current rate. The two prices were read 104 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 -0.173% in total (about -9.0% 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 NETUSDT | 350.38 | 0 | get 0.0000% / 8h | 2h 21m | $237K | $602K | 20x |
| Short | edgeX NETUSDC | 350.45 | −0.0560 | pay 0.0280% / 4h | 2h 21m | $37K | $329K | 10x |
Bitget NETUSDT
edgeX NETUSDCFunding 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
- −$117.6
- Price spread: +0.019% → +0.025%
- −$0.64
- Slippage, 4 orders
- −$94.5
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$233.75
- Costs to cover
- 1.155%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 23 min ago; edgeX: live order book, 26 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, 23 min ago | 16.47 bp | 32.5 bp −$33 | 51.9 bp −$519 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 26 min ago | 9.64 bp | 26.7 bp −$27 | 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 | −0.1981% | 1h | 351.68 | +0.371% | $175K | $40K | 10x | as long as short |
| edgeX NETUSDCshort | −0.0560% | 4h | 350.45 | +0.019% | $37K | $329K | 10x | |
| Binance NETUSDT | 0.0000% | 8h | 351.27 | +0.254% | $366K | $805K | 20x | as long as short |
| Bybit NETUSDT | 0.0000% | 8h | 350.30 | −0.023% | $381K | $110K | 25x | as long as short |
| OKX NET-USDT-SWAP | 0.0000% | 8h | 351.13 | +0.214% | $176K | $109K | 20x | as long as short |
| Gate NET_USDT | 0.0000% | 8h | 350.50 | +0.034% | $39K | $6K | 20x | as long as short |
| Bitget NETUSDTlong | 0.0000% | 8h | 350.38 | long leg | $237K | $602K | 20x | |
| HTX NET-USDT | 0.0000% | 8h | 351.03 | +0.186% | $9K | $347K | 20x | as long as short |
| Phoenix NET | +0.0159% | 1h | 350.64 | +0.074% | $167 | $85K | 10x | as long as short |
| tradeXYZ xyz:NET | +0.0195% | 1h | 350.75 | +0.106% | $383K | $182K | 10x | as long as short |
Paragon para:NET
Binance NETUSDT
Bybit NETUSDT
OKX NET-USDT-SWAP
Gate NET_USDT
HTX NET-USDT
Phoenix NET
tradeXYZ xyz:NET