Funding you earn now, next payment 08:00 UTC+0.0381%/8h= +41.7% APRpaid last 24h −0.099%
Price spread now: edgeX against Gate−0.266%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.214%+$21 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. edgeX is 0.266% cheaper against Gate than usual: you would sell low and buy high (spread −0.266% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$27 on $10k: about 2.3 days of funding at the current rate (+$11 a day). At the pace of the last 7 days (+0.214% in total) that is about 8.7 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.214% in total (about 11.2% 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 | Gate OUST_USDT | 38.000 | 0 | get 0.0000% / 8h | 2h 17m | $80K | $19K | 20x |
| Short | edgeX OUSTUSDC | 37.899 | 0.0381 | get 0.0191% / 4h | 2h 17m | $39K | $267K | 10x |
Gate OUST_USDT
edgeX OUSTUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Gate. 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
- $80.01
- Price spread: −0.266% → 0.000%
- −$26.57
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $29.45
- Costs to cover
- 0.240%
- Break-even
- 4.4 days
Slippage unknown: Gate: no order-book sample; edgeX: live order book, 30 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 Gate no order-book sample | — | — | — | — | — |
| Sell edgeX live order book, 30 min ago | 23.55 bp | 43.1 bp −$43 | doesn't fit | doesn't fit | doesn't fit |
Gate: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget OUSTUSDT | −0.1080% | 8h | 38.070 | +0.184% | $424K | $263K | 20x | as long as short |
| Bybit OUSTUSDT | 0.0000% | 8h | 38.240 | +0.632% | $541K | $392K | 25x | as long as short |
| OKX OUST-USDT-SWAP | 0.0000% | 8h | 38.050 | +0.132% | $106K | $240K | 20x | as long as short |
| QFEX OUST-USD | 0.0000% | 1h | 38.000 | 0.000% | $1.2M | $526K | 10x | as long as short |
| Gate OUST_USDTlong | 0.0000% | 8h | 38.000 | long leg | $80K | $19K | 20x | |
| HTX OUST-USDT | +0.0100% | 8h | 38.160 | +0.421% | $5K | $332K | 20x | as long as short |
| edgeX OUSTUSDCshort | +0.0381% | 4h | 37.899 | −0.266% | $39K | $267K | 10x |
Bitget OUSTUSDT
Bybit OUSTUSDT
OKX OUST-USDT-SWAP
QFEX OUST-USD
HTX OUST-USDT