Funding you earn now, next payment 04:00 UTC−0.0734%/8h= −80.4% APRpaid last 24h −0.060%
Price spread now: edgeX against HTX+0.011%77s7-day average −0.085% · you sell dearer than you buy
Net, funding: paid 7d − costs−$692as 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−$6746.739% of the position
Funding, last 7 days−0.181%−$18 on $10k
+Price spread, last 4 days (all we have)−0.392%−$39 · spread now +0.011%, 7d avg −0.085%
=Together, before fees−0.573%+ Points / potential airdropedgeX: Active · farm board−$57 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.097% dearer against HTX than usual: you sell high and buy low (spread +0.011% now, against its 7-day average of −0.085%): +$10 on $10k if it goes back. Holding the pair costs −$22 a day in funding at the current rate, which eats that in about 11 hours. At the pace of the last 7 days (−0.181% in total) that is about 3.7 days. The two prices were read 77 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 -0.181% in total (about -9.4% 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 | HTX NET-USDT | 353.47 | 0 | get 0.0000% / 8h | 5h 34m | $9K | $344K | 20x |
| Short | edgeX NETUSDC | 353.51 | −0.0734 | pay 0.0367% / 4h | 1h 34m | $37K | $326K | 10x |
HTX NET-USDT
edgeX NETUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against HTX. 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
- −$154.18
- Price spread: +0.011% → −0.085%
- $9.66
- Slippage, 4 orders
- −$652.85
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$818.37
- Costs to cover
- 6.739%
- Break-even
- never at this rate
Slippage from HTX: live order book, 28 min ago; edgeX: live order book, 29 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 HTX live order book, 28 min ago | 39.77 bp | 304.2 bp −$304 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 29 min ago | 17.26 bp | 33.0 bp −$33 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX NETUSDCshort | −0.0734% | 4h | 353.51 | +0.011% | $37K | $326K | 10x | |
| Binance NETUSDT | 0.0000% | 8h | 353.68 | +0.059% | $362K | $771K | 20x | as long as short |
| Bybit NETUSDT | 0.0000% | 8h | 353.87 | +0.113% | $385K | $108K | 25x | as long as short |
| OKX NET-USDT-SWAP | 0.0000% | 8h | 353.37 | −0.028% | $177K | $101K | 20x | as long as short |
| Gate NET_USDT | 0.0000% | 8h | 353.10 | −0.105% | $40K | $6K | 20x | as long as short |
| Bitget NETUSDT | 0.0000% | 8h | 353.38 | −0.025% | $184K | $569K | 20x | as long as short |
| HTX NET-USDTlong | 0.0000% | 8h | 353.47 | long leg | $9K | $344K | 20x | |
| tradeXYZ xyz:NET | +0.0050% | 1h | 353.63 | +0.045% | $386K | $193K | 10x | as long as short |
| Paragon para:NET | +0.0060% | 1h | 352.24 | −0.348% | $175K | $37K | 10x | as long as short |
| Phoenix NET | +0.0136% | 1h | 353.62 | +0.042% | $171 | $85K | 10x | as long as short |
Binance NETUSDT
Bybit NETUSDT
OKX NET-USDT-SWAP
Gate NET_USDT
Bitget NETUSDT
tradeXYZ xyz:NET
Paragon para:NET
Phoenix NET