Funding you earn now, next payment 12:00 UTC−0.0572%/8h= −62.6% APRpaid last 24h +0.054%
Price spread now: edgeX against OKX+0.082%7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$149as in the Funding arb table
Net, price: spread back to 7d avg − costs−$127as in the Price arb table
costs, in and out, $10k−$1361.361% of the position
Funding, last 7 days−0.131%−$13 on $10k
+Price spread, last 4 days (all we have)−0.211%−$21 · spread now +0.082%, 7d avg −0.007%
=Together, before fees−0.342%+ Points / potential airdropedgeX: Active · farm board−$34 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.089% dearer against OKX than usual: you sell high and buy low (spread +0.082% now, against its 7-day average of −0.007%): +$9 on $10k if it goes back. Holding the pair costs −$17 a day in funding at the current rate, which eats that in about 12 hours. At the pace of the last 7 days (−0.131% in total) that is about 4.8 days.
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 is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX NET-USDT-SWAP | 352.26 | 0 | get 0.0000% / 8h | 7h 01m | $174K | $98K | 20x |
| Short | edgeX NETUSDC | 352.55 | −0.0572 | pay 0.0286% / 4h | 3h 01m | $37K | $334K | 10x |
OKX NET-USDT-SWAP
edgeX NETUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against OKX. 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
- −$120.1
- Price spread: +0.082% → −0.007%
- $8.9
- Slippage, 4 orders
- −$117.08
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$247.28
- Costs to cover
- 1.361%
- Break-even
- never at this rate
Slippage from OKX: live order book, 29 min ago; edgeX: live order book, 32 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 OKX live order book, 29 min ago | 9.81 bp | 61.0 bp −$61 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 32 min ago | 8.80 bp | 25.2 bp −$25 | 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 | −0.1294% | 1h | 351.10 | −0.329% | $180K | $44K | 10x | as long as short |
| edgeX NETUSDCshort | −0.0572% | 4h | 352.55 | +0.082% | $37K | $334K | 10x | |
| Phoenix NET | −0.0068% | 1h | 352.03 | −0.065% | $168 | $80K | 10x | as long as short |
| Binance NETUSDT | 0.0000% | 8h | 352.27 | +0.004% | $364K | $810K | 20x | as long as short |
| Bybit NETUSDT | 0.0000% | 8h | 351.81 | −0.128% | $389K | $115K | 25x | as long as short |
| OKX NET-USDT-SWAPlong | 0.0000% | 8h | 352.26 | long leg | $174K | $98K | 20x | |
| Gate NET_USDT | 0.0000% | 8h | 351.70 | −0.159% | $39K | $4K | 20x | as long as short |
| Bitget NETUSDT | 0.0000% | 8h | 351.87 | −0.111% | $224K | $646K | 20x | as long as short |
| HTX NET-USDT | 0.0000% | 8h | 351.83 | −0.122% | $9K | $354K | 20x | as long as short |
| tradeXYZ xyz:NET | +0.0050% | 1h | 351.94 | −0.091% | $384K | $188K | 10x | as long as short |
Paragon para:NET
Phoenix NET
Binance NETUSDT
Bybit NETUSDT
Gate NET_USDT
Bitget NETUSDT
HTX NET-USDT
tradeXYZ xyz:NET