Funding you earn now, next payment 02:00 UTC−0.0404%/8h= −44.2% APRpaid last 24h −0.070%
Price spread now: edgeX against Extended+0.046%93s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropExtended: Active · edgeX: Active · farm boardneeds both histories
The price spread pays, funding is against you. edgeX is 0.046% dearer against Extended than usual: you sell high and buy low (spread +0.046% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 9 hours. The two prices were read 93 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 | Extended PDD_24_5-USD | 79.700 | 0.0040 | pay 0.0005% / 1h | 21m 45s | $3K | — | 5x |
| Short | edgeX PDDUSDC | 79.736 | −0.0364 | pay 0.0182% / 4h | 2h 21m | $161K | $223K | 10x |
Extended PDD_24_5-USD
edgeX PDDUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Extended. 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
- −$84.75
- Price spread: +0.046% → 0.000%
- $4.56
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$94.19
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Extended: no order-book sample; edgeX: live order book, 45 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 Extended no order-book sample | — | — | — | — | — |
| Sell edgeX live order book, 45 min ago | 8.80 bp | 29.2 bp −$29 | doesn't fit | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX PDDUSDCshort | −0.0364% | 4h | 79.736 | +0.046% | $161K | $223K | 10x | |
| Binance PDDUSDT | 0.0000% | 8h | 79.920 | +0.276% | $1.4M | $949K | 20x | as long as short |
| Bybit PDDUSDT | 0.0000% | 8h | 79.740 | +0.050% | $255K | $2.0M | 25x | as long as short |
| Gate PDD_USDT | 0.0000% | 8h | 79.850 | +0.188% | $485K | $37K | 20x | as long as short |
| Bitget PDDUSDT | 0.0000% | 8h | 79.690 | −0.013% | $1.3M | $199K | 20x | as long as short |
| Injective PDD/USDC PERP | +0.0033% | 1h | 79.270 | −0.540% | $11K | $8K | 12x | as long as short |
| Extended PDD_24_5-USDlong | +0.0040% | 1h | 79.700 | long leg | $3K | — | 5x | |
| KuCoin PDDUSDTM | +0.0100% | 8h | 79.800 | +0.125% | $31K | $2.8M | 20x | as long as short |
| HTX PDD-USDT | +0.0100% | 8h | 79.750 | +0.063% | $7K | $306K | 20x | as long as short |
Binance PDDUSDT
Bybit PDDUSDT
Gate PDD_USDT
Bitget PDDUSDT
Injective PDD/USDC PERP
KuCoin PDDUSDTM
HTX PDD-USDT