Funding you earn now, next payment 08:00 UTC+0.0682%/8h= +74.7% APRpaid last 24h +0.149%
Price spread now: Bybit against edgeX+0.373%81s7-day average +0.133% · you sell dearer than you buy
Net, funding: paid 7d − costs−$387as 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)−0.120%−$12 · spread now +0.373%, 7d avg +0.133%
=Together, before fees−0.277%+ Points / potential airdropedgeX: Active · farm board−$28 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and Bybit is 0.240% dearer against edgeX than usual: you sell high and buy low: +$24 more if the spread goes back to its 7-day average of +0.133%. Mind the row above: over the last 7 days funding on this pair cost −0.157%, so the current rate has only just turned in your favour. The two prices were read 81 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 | edgeX OUSTUSDC | 38.895 | −0.0682 | get 0.0341% / 4h | 3h 56m | $40K | $264K | 10x |
| Short | Bybit OUSTUSDT | 39.040 | 0 | get 0.0000% / 8h | 3h 56m | $551K | $393K | 25x |
edgeX OUSTUSDC
Bybit OUSTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $143.17
- Price spread: +0.373% → +0.133%
- $23.96
- Slippage, 4 orders
- −$350.97
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$203.84
- Costs to cover
- 3.710%
- Break-even
- 17.0 days
Slippage from edgeX: live order book, 61 min ago; Bybit: live order book, 54 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 edgeX live order book, 61 min ago | 15.49 bp | 35.9 bp −$36 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 54 min ago | 11.54 bp | 147.4 bp −$147 | 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 OUSTUSDClong | −0.0682% | 4h | 38.895 | long leg | $40K | $264K | 10x | |
| Bitget OUSTUSDT | −0.0011% | 8h | 38.820 | −0.193% | $427K | $254K | 20x | as long as short |
| Bybit OUSTUSDTshort | 0.0000% | 8h | 39.040 | +0.373% | $551K | $393K | 25x | |
| OKX OUST-USDT-SWAP | 0.0000% | 8h | 38.890 | −0.013% | $106K | $255K | 20x | as long as short |
| QFEX OUST-USD | 0.0000% | 1h | 38.720 | −0.450% | $1.1M | $505K | 10x | as long as short |
| Gate OUST_USDT | 0.0000% | 8h | 38.880 | −0.039% | $82K | $19K | 20x | as long as short |
| HTX OUST-USDT | +0.0100% | 8h | 38.670 | −0.578% | $3K | $331K | 20x | as long as short |
Bitget OUSTUSDT
OKX OUST-USDT-SWAP
QFEX OUST-USD
Gate OUST_USDT
HTX OUST-USDT