Funding you earn now, next payment 07:00 UTC−0.0040%/8h= −4.3% APRpaid last 24h −0.004%
Price spread now: edgeX against tradeXYZ+0.080%46s7-day average +0.054% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.616%−$62 on $10k
+Price spread, last 4 days (all we have)−0.085%−$9 · spread now +0.080%, 7d avg +0.054%
=Together, before fees−0.701%+ Points / potential airdroptradeXYZ: Active · edgeX: Active · farm board−$70 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.026% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.080% now, against its 7-day average of +0.054%): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2.2 days. At the pace of the last 7 days (−0.616% in total) that is about 7 hours. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:NET | 350.74 | 0.0541 | pay 0.0068% / 1h | 52m 48s | $383K | $180K | 10x |
| Short | edgeX NETUSDC | 351.02 | 0.0501 | get 0.0251% / 4h | 1h 52m | $37K | $330K | 10x |
tradeXYZ xyz:NET
edgeX NETUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against tradeXYZ. 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
- −$8.31
- Price spread: +0.080% → +0.054%
- $2.57
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$32.74
- Costs to cover
- 0.270%
- Break-even
- never at this rate
Slippage unknown: tradeXYZ: live order book, 13 min ago; edgeX: live order book, 55 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 tradeXYZ live order book, 13 min ago | 9.26 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 55 min ago | 9.64 bp | 26.7 bp −$27 | 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 | −0.2994% | 1h | 350.41 | −0.094% | $175K | $41K | 10x | as long as short |
| Binance NETUSDT | 0.0000% | 8h | 350.91 | +0.048% | $365K | $799K | 20x | as long as short |
| Bybit NETUSDT | 0.0000% | 8h | 351.60 | +0.245% | $382K | $111K | 25x | as long as short |
| OKX NET-USDT-SWAP | 0.0000% | 8h | 351.39 | +0.185% | $176K | $111K | 20x | as long as short |
| Gate NET_USDT | 0.0000% | 8h | 351.70 | +0.274% | $39K | $6K | 20x | as long as short |
| Bitget NETUSDT | 0.0000% | 8h | 350.40 | −0.097% | $236K | $602K | 20x | as long as short |
| HTX NET-USDT | 0.0000% | 8h | 350.24 | −0.143% | $9K | $349K | 20x | as long as short |
| Phoenix NET | +0.0296% | 1h | 351.15 | +0.117% | $164 | $84K | 10x | as long as short |
| edgeX NETUSDCshort | +0.0501% | 4h | 351.02 | +0.080% | $37K | $330K | 10x | |
| tradeXYZ xyz:NETlong | +0.0541% | 1h | 350.74 | long leg | $383K | $180K | 10x |
Paragon para:NET
Binance NETUSDT
Bybit NETUSDT
OKX NET-USDT-SWAP
Gate NET_USDT
Bitget NETUSDT
HTX NET-USDT
Phoenix NET