Funding you earn now, next payment 04:00 UTC−0.0209%/8h= −22.9% APRpaid last 24h +0.097%
Price spread now: edgeX against Bybit+0.033%101s7-day average −0.058% · you sell dearer than you buy
Net, funding: paid 7d − costs−$152as 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−$1561.562% of the position
Funding, last 7 days+0.046%+$5 on $10k
+Price spread, last 3 days (all we have)−0.085%−$9 · spread now +0.033%, 7d avg −0.058%
=Together, before fees−0.040%+ Points / potential airdropedgeX: Active · farm board−$4 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.091% dearer against Bybit than usual: you sell high and buy low (spread +0.033% now, against its 7-day average of −0.058%): +$9 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 35 hours. The two prices were read 101 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 0.046% in total (about 2.4% 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 | Bybit NETUSDT | 353.04 | 0 | get 0.0000% / 8h | 7h 51m | $384K | $112K | 25x |
| Short | edgeX NETUSDC | 353.16 | −0.0209 | pay 0.0105% / 4h | 3h 51m | $37K | $322K | 10x |
Bybit NETUSDT
edgeX NETUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Bybit. 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
- −$43.98
- Price spread: +0.033% → −0.058%
- $9.09
- Slippage, 4 orders
- −$136.17
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$191.06
- Costs to cover
- 1.562%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 13 min ago; edgeX: live order book, 21 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 Bybit live order book, 13 min ago | 7.10 bp | 61.8 bp −$62 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 21 min ago | 11.62 bp | 27.7 bp −$28 | 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 | −0.527% | $174K | $38K | 10x | as long as short |
| edgeX NETUSDCshort | −0.0209% | 4h | 353.16 | +0.033% | $37K | $322K | 10x | |
| Binance NETUSDT | 0.0000% | 8h | 353.52 | +0.135% | $370K | $839K | 20x | as long as short |
| Bybit NETUSDTlong | 0.0000% | 8h | 353.04 | long leg | $384K | $112K | 25x | |
| OKX NET-USDT-SWAP | 0.0000% | 8h | 353.79 | +0.212% | $178K | $105K | 20x | as long as short |
| Gate NET_USDT | 0.0000% | 8h | 352.90 | −0.040% | $40K | $6K | 20x | as long as short |
| Bitget NETUSDT | 0.0000% | 8h | 353.37 | +0.093% | $205K | $623K | 20x | as long as short |
| HTX NET-USDT | 0.0000% | 8h | 353.10 | +0.017% | $9K | $348K | 20x | as long as short |
| Phoenix NET | +0.0068% | 1h | 352.98 | −0.017% | $167 | $85K | 10x | as long as short |
| tradeXYZ xyz:NET | +0.0483% | 1h | 353.34 | +0.085% | $372K | $188K | 10x | as long as short |
Paragon para:NET
Binance NETUSDT
OKX NET-USDT-SWAP
Gate NET_USDT
Bitget NETUSDT
HTX NET-USDT
Phoenix NET
tradeXYZ xyz:NET