Funding you earn now, next payment 02:00 UTC−0.0729%/8h= −79.8% APRpaid last 24h −0.070%
Price spread now: tradeXYZ against edgeX+0.006%86s7-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+0.420%+$42 on $10k
+Price spread, last 4 days (all we have)+0.103%+$10 · spread now +0.006%, 7d avg −0.056%
=Together, before fees+0.523%+ Points / potential airdropedgeX: Active · tradeXYZ: Active · farm board+$52 on $10k · with fees, hour by hour
The price spread pays, funding is against you. tradeXYZ is 0.062% dearer against edgeX than usual: you sell high and buy low (spread +0.006% now, against its 7-day average of −0.056%): +$6 on $10k if it goes back. Holding the pair costs −$22 a day in funding at the current rate, which eats that in about 7 hours. Mind the row above: over the last 7 days funding on this pair paid +0.420%, so the current rate has only just turned against you. The two prices were read 86 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 0.420% in total (about 21.9% 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 | 353.48 | 0.0777 | pay 0.0389% / 4h | 2h 15m | $37K | $326K | 10x |
| Short | tradeXYZ xyz:NET | 353.50 | 0.0049 | get 0.0006% / 1h | 15m 52s | $372K | $185K | 10x |
edgeX NETUSDC
tradeXYZ xyz:NETFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$152.99
- Price spread: +0.006% → −0.056%
- $6.23
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$173.77
- Costs to cover
- 0.270%
- Break-even
- never at this rate
Slippage unknown: edgeX: live order book, 52 min ago; tradeXYZ: live order book, 30 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 edgeX live order book, 52 min ago | 13.29 bp | 23.6 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 30 min ago | 13.18 bp | 42.1 bp −$42 | 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 | −0.0050% | 1h | 352.23 | −0.353% | $175K | $38K | 10x | as long as short |
| Binance NETUSDT | 0.0000% | 8h | 353.40 | −0.023% | $368K | $765K | 20x | as long as short |
| Bybit NETUSDT | 0.0000% | 8h | 353.42 | −0.016% | $384K | $108K | 25x | as long as short |
| OKX NET-USDT-SWAP | 0.0000% | 8h | 353.10 | −0.107% | $177K | $101K | 20x | as long as short |
| Gate NET_USDT | 0.0000% | 8h | 352.40 | −0.305% | $39K | $6K | 20x | as long as short |
| Bitget NETUSDT | 0.0000% | 8h | 353.33 | −0.042% | $185K | $567K | 20x | as long as short |
| HTX NET-USDT | 0.0000% | 8h | 352.84 | −0.180% | $9K | $345K | 20x | as long as short |
| tradeXYZ xyz:NETshort | +0.0049% | 1h | 353.50 | +0.006% | $372K | $185K | 10x | |
| Phoenix NET | +0.0317% | 1h | 353.59 | +0.032% | $165 | $85K | 10x | as long as short |
| edgeX NETUSDClong | +0.0777% | 4h | 353.48 | long leg | $37K | $326K | 10x |
Paragon para:NET
Binance NETUSDT
Bybit NETUSDT
OKX NET-USDT-SWAP
Gate NET_USDT
Bitget NETUSDT
HTX NET-USDT
Phoenix NET