Funding you earn now, next payment 04:00 UTC−0.0808%/8h= −88.4% APRpaid last 24h −0.149%
Price spread now: edgeX against Bybit−0.385%111s7-day average −0.133% · you buy dearer than you sell
Net, funding: paid 7d − costs−$355as 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−$3713.710% of the position
Funding, last 7 days+0.157%+$16 on $10k
+Price spread, last 4 days (all we have)+0.132%+$13 · spread now −0.385%, 7d avg −0.133%
=Together, before fees+0.289%+ Points / potential airdropedgeX: Active · farm board+$29 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$24 a day on $10k at the current rate, and edgeX is 0.251% cheaper against Bybit than usual: you would sell low and buy high (−$25 if the spread goes back to its 7-day average of −0.133%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.157%, so the current rate has only just turned against you. The two prices were read 111 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 0.157% in total (about 8.2% 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 | Bybit OUSTUSDT | 39.040 | 0 | get 0.0000% / 8h | 4h 41m | $551K | $393K | 25x |
| Short | edgeX OUSTUSDC | 38.890 | −0.0808 | pay 0.0404% / 4h | 41m 39s | $40K | $266K | 10x |
Bybit OUSTUSDT
edgeX OUSTUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Bybit. 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
- −$169.61
- Price spread: −0.385% → −0.133%
- −$25.15
- Slippage, 4 orders
- −$350.97
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$565.73
- Costs to cover
- 3.710%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 8 min ago; edgeX: live order book, 16 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 Bybit live order book, 8 min ago | 11.54 bp | 148.9 bp −$149 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 16 min ago | 15.49 bp | 38.8 bp −$39 | doesn't fit | doesn't fit | doesn't fit |
OUST on 7 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 OUSTUSDCshort | −0.0808% | 4h | 38.890 | −0.385% | $40K | $266K | 10x | |
| Bitget OUSTUSDT | −0.0090% | 8h | 38.840 | −0.512% | $427K | $254K | 20x | as long as short |
| Bybit OUSTUSDTlong | 0.0000% | 8h | 39.040 | long leg | $551K | $393K | 25x | |
| OKX OUST-USDT-SWAP | 0.0000% | 8h | 38.890 | −0.384% | $106K | $256K | 20x | as long as short |
| QFEX OUST-USD | 0.0000% | 1h | 38.710 | −0.845% | $1.1M | $514K | 10x | as long as short |
| Gate OUST_USDT | 0.0000% | 8h | 38.840 | −0.512% | $82K | $19K | 20x | as long as short |
| HTX OUST-USDT | +0.0100% | 8h | 38.870 | −0.435% | $3K | $329K | 20x | as long as short |
Bitget OUSTUSDT
OKX OUST-USDT-SWAP
QFEX OUST-USD
Gate OUST_USDT
HTX OUST-USDT