Funding you earn now, next payment 12:00 UTC−0.0685%/8h= −75.1% APRpaid last 24h −0.054%
Price spread now: OKX against edgeX−0.005%61s7-day average +0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$176as 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−$1891.891% of the position
Funding, last 7 days+0.131%+$13 on $10k
+Price spread, last 4 days (all we have)+0.028%+$3 · spread now −0.005%, 7d avg +0.007%
=Together, before fees+0.158%+ Points / potential airdropedgeX: Active · farm board+$16 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.007%, so right now this pair is about funding alone: −$21 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.131%, so the current rate has only just turned against you. The two prices were read 61 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 0.131% in total (about 6.8% 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 NETUSDC | 352.93 | 0.0685 | pay 0.0343% / 4h | 8m 24s | $37K | $335K | 10x |
| Short | OKX NET-USDT-SWAP | 352.91 | 0 | get 0.0000% / 8h | 4h 08m | $175K | $96K | 20x |
edgeX NETUSDC
OKX NET-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$143.95
- Price spread: −0.005% → +0.007%
- −$1.2
- Slippage, 4 orders
- −$170.07
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$334.22
- Costs to cover
- 1.891%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 33 min ago; OKX: live order book, 30 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, 33 min ago | 9.93 bp | 21.4 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 30 min ago | 7.66 bp | 90.9 bp −$91 | doesn't fit | doesn't fit | doesn't fit |
NET on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Paragon para:NET | −0.0585% | 1h | 353.15 | +0.063% | $202K | $55K | 10x | as long as short |
| tradeXYZ xyz:NET | −0.0448% | 1h | 353.23 | +0.086% | $384K | $193K | 10x | as long as short |
| Binance NETUSDT | 0.0000% | 8h | 353.10 | +0.048% | $371K | $810K | 20x | as long as short |
| Bybit NETUSDT | 0.0000% | 8h | 353.09 | +0.046% | $390K | $109K | 25x | as long as short |
| OKX NET-USDT-SWAPshort | 0.0000% | 8h | 352.91 | −0.005% | $175K | $96K | 20x | |
| Gate NET_USDT | 0.0000% | 8h | 352.80 | −0.036% | $40K | $4K | 20x | as long as short |
| Bitget NETUSDT | 0.0000% | 8h | 352.99 | +0.018% | $218K | $621K | 20x | as long as short |
| HTX NET-USDT | 0.0000% | 8h | 352.77 | −0.044% | $9K | $357K | 20x | as long as short |
| Phoenix NET | +0.0068% | 1h | 353.65 | +0.205% | $166 | $71K | 10x | as long as short |
| edgeX NETUSDClong | +0.0685% | 4h | 352.93 | long leg | $37K | $335K | 10x |
Paragon para:NET
tradeXYZ xyz:NET
Binance NETUSDT
Bybit NETUSDT
Gate NET_USDT
Bitget NETUSDT
HTX NET-USDT
Phoenix NET