Funding you earn now, next payment 05:00 UTC−0.0498%/8h= −54.5% APRpaid last 24h −0.090%
Price spread now: Extended against edgeX−0.251%53s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropedgeX: Active · Extended: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and Extended is 0.251% cheaper against edgeX than usual: you would sell low and buy high (−$25 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 53 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 | edgeX PDDUSDC | 80.091 | 0.0538 | pay 0.0269% / 4h | 3h 52m | $162K | $223K | 10x |
| Short | Extended PDD_24_5-USD | 79.890 | 0.0040 | get 0.0005% / 1h | 52m 26s | $3K | — | 5x |
edgeX PDDUSDC
Extended PDD_24_5-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$104.58
- Price spread: −0.251% → 0.000%
- −$25.14
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$143.73
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: edgeX: live order book, 65 min ago; Extended: no order-book sample. 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 edgeX live order book, 65 min ago | 9.96 bp | 28.4 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended no order-book sample | — | — | — | — | — |
Extended: 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.
PDD on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit PDDUSDT | 0.0000% | 8h | 80.030 | −0.077% | $258K | $2.0M | 25x | as long as short |
| Bitget PDDUSDT | 0.0000% | 8h | 80.010 | −0.102% | $1.3M | $198K | 20x | as long as short |
| Injective PDD/USDC PERP | +0.0033% | 1h | 79.270 | −1.026% | $11K | $8K | 12x | as long as short |
| Extended PDD_24_5-USDshort | +0.0040% | 1h | 79.890 | −0.251% | $3K | — | 5x | |
| KuCoin PDDUSDTM | +0.0100% | 8h | 80.060 | −0.039% | $31K | $2.8M | 20x | as long as short |
| HTX PDD-USDT | +0.0100% | 8h | 79.920 | −0.214% | $7K | $305K | 20x | as long as short |
| Gate PDD_USDT | +0.0260% | 8h | 79.950 | −0.177% | $488K | $37K | 20x | as long as short |
| edgeX PDDUSDClong | +0.0538% | 4h | 80.091 | long leg | $162K | $223K | 10x | |
| Binance PDDUSDT | +0.0560% | 8h | 80.166 | +0.093% | $1.4M | $973K | 20x | as long as short |
Bybit PDDUSDT
Bitget PDDUSDT
Injective PDD/USDC PERP
KuCoin PDDUSDTM
HTX PDD-USDT
Gate PDD_USDT
Binance PDDUSDT