Funding you earn now, next payment 12:00 UTC−0.0534%/8h= −58.5% APRpaid last 24h +0.010%
Price spread now: HTX against edgeX−0.163%7-day average −0.026% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.107%+$11 on $10k
+Price spread, last 4 days (all we have)+0.481%+$48 · spread now −0.163%, 7d avg −0.026%
=Together, before fees+0.588%+ Points / potential airdropedgeX: Active · farm board+$59 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and HTX is 0.137% cheaper against edgeX than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.026%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.107%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.107% in total (about 5.6% 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 PDDUSDC | 79.820 | 0.0634 | pay 0.0317% / 4h | 3h 43m | $161K | $224K | 10x |
| Short | HTX PDD-USDT | 79.690 | 0.0100 | get 0.0100% / 8h | 7h 43m | $7K | $300K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- −$112.25
- Price spread: −0.163% → −0.026%
- −$13.69
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$146.93
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: edgeX: live order book, 54 min ago; HTX: live order book, 54 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 edgeX live order book, 54 min ago | 2.51 bp | 21.4 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
| Sell HTX live order book, 54 min ago | 45.81 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
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 | 79.730 | −0.113% | $264K | $2.0M | 25x | as long as short |
| Gate PDD_USDT | 0.0000% | 8h | 79.780 | −0.050% | $500K | $38K | 20x | as long as short |
| Bitget PDDUSDT | 0.0000% | 8h | 79.800 | −0.025% | $1.4M | $219K | 20x | as long as short |
| Injective PDD/USDC PERP | +0.0033% | 1h | 79.270 | −0.689% | $11K | $8K | 12x | as long as short |
| Extended PDD_24_5-USD | +0.0040% | 1h | 79.690 | −0.163% | $3K | — | 5x | as long as short |
| KuCoin PDDUSDTM | +0.0100% | 8h | 79.780 | −0.050% | $31K | $2.7M | 20x | as long as short |
| HTX PDD-USDTshort | +0.0100% | 8h | 79.690 | −0.163% | $7K | $300K | 20x | |
| Binance PDDUSDT | +0.0629% | 8h | 79.833 | +0.017% | $1.4M | $1.1M | 20x | as long as short |
| edgeX PDDUSDClong | +0.0634% | 4h | 79.820 | long leg | $161K | $224K | 10x |
edgeX PDDUSDC
HTX PDD-USDT
Bybit PDDUSDT
Gate PDD_USDT
Bitget PDDUSDT
Injective PDD/USDC PERP
Extended PDD_24_5-USD
KuCoin PDDUSDTM
Binance PDDUSDT