Funding you earn now, next payment 04:00 UTC−0.0674%/8h= −73.8% APRpaid last 24h −0.097%
Price spread now: Bitget against edgeX−0.044%74s7-day average −0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$78as 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−$740.736% of the position
Funding, last 7 days−0.046%−$5 on $10k
+Price spread, last 4 days (all we have)+0.150%+$15 · spread now −0.044%, 7d avg −0.028%
=Together, before fees+0.104%+ Points / potential airdropedgeX: Active · farm board+$10 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.028%, so right now this pair is about funding alone: −$20 a day on $10k at the current rate. The two prices were read 74 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 | edgeX NETUSDC | 353.45 | 0.0674 | pay 0.0337% / 4h | 2h 20m | $37K | $325K | 10x |
| Short | Bitget NETUSDT | 353.30 | 0 | get 0.0000% / 8h | 6h 20m | $185K | $567K | 20x |
edgeX NETUSDC
Bitget NETUSDTFunding 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
- −$141.51
- Price spread: −0.044% → −0.028%
- −$1.56
- Slippage, 4 orders
- −$52.63
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$216.69
- Costs to cover
- 0.736%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 48 min ago; Bitget: live order book, 45 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, 48 min ago | 13.29 bp | 23.6 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 45 min ago | 1.84 bp | 9.9 bp −$10 | 61.6 bp −$616 | 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 | −0.0049% | 1h | 352.23 | −0.346% | $175K | $38K | 10x | as long as short |
| Binance NETUSDT | 0.0000% | 8h | 353.35 | −0.030% | $368K | $765K | 20x | as long as short |
| Bybit NETUSDT | 0.0000% | 8h | 353.42 | −0.010% | $384K | $108K | 25x | as long as short |
| OKX NET-USDT-SWAP | 0.0000% | 8h | 353.10 | −0.100% | $177K | $101K | 20x | as long as short |
| Gate NET_USDT | 0.0000% | 8h | 352.90 | −0.157% | $40K | $6K | 20x | as long as short |
| Bitget NETUSDTshort | 0.0000% | 8h | 353.30 | −0.044% | $185K | $567K | 20x | |
| HTX NET-USDT | 0.0000% | 8h | 353.38 | −0.021% | $9K | $345K | 20x | as long as short |
| tradeXYZ xyz:NET | +0.0050% | 1h | 353.53 | +0.022% | $372K | $185K | 10x | as long as short |
| Phoenix NET | +0.0317% | 1h | 353.26 | −0.055% | $167 | $85K | 10x | as long as short |
| edgeX NETUSDClong | +0.0674% | 4h | 353.45 | long leg | $37K | $325K | 10x |
Paragon para:NET
Binance NETUSDT
Bybit NETUSDT
OKX NET-USDT-SWAP
Gate NET_USDT
HTX NET-USDT
tradeXYZ xyz:NET
Phoenix NET