Funding you earn now, next payment 06:00 UTC+0.0026%/8h= +2.9% APRpaid last 24h +0.092%
Price spread now: edgeX against Injective+0.507%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and edgeX is 0.507% dearer against Injective than usual: you sell high and buy low: +$51 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective PDD/USDC PERP | 79.270 | 0.0033 | pay 0.0004% / 1h | 12m 51s | $11K | $8K | 12x |
| Short | edgeX PDDUSDC | 79.672 | 0.0060 | get 0.0030% / 4h | 2h 12m | $161K | $225K | 10x |
Injective PDD/USDC PERP
edgeX PDDUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Injective. 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
- $5.53
- Price spread: +0.507% → 0.000%
- $50.72
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $47.24
- Costs to cover
- 0.090%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; edgeX: live order book, 34 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 Injective no order-book sample | — | — | — | — | — |
| Sell edgeX live order book, 34 min ago | 9.38 bp | 36.2 bp −$36 | doesn't fit | doesn't fit | doesn't fit |
Injective: 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 | 79.550 | +0.353% | $259K | $2.0M | 25x | as long as short |
| Bitget PDDUSDT | 0.0000% | 8h | 79.760 | +0.618% | $1.3M | $200K | 20x | as long as short |
| Injective PDD/USDC PERPlong | +0.0033% | 1h | 79.270 | long leg | $11K | $8K | 12x | |
| Extended PDD_24_5-USD | +0.0040% | 1h | 79.435 | +0.208% | $3K | — | 5x | as long as short |
| edgeX PDDUSDCshort | +0.0060% | 4h | 79.672 | +0.507% | $161K | $225K | 10x | |
| KuCoin PDDUSDTM | +0.0100% | 8h | 79.600 | +0.416% | $32K | $2.7M | 20x | as long as short |
| HTX PDD-USDT | +0.0100% | 8h | 79.510 | +0.303% | $7K | $301K | 20x | as long as short |
| Gate PDD_USDT | +0.0161% | 8h | 79.600 | +0.416% | $488K | $36K | 20x | as long as short |
| Binance PDDUSDT | +0.0973% | 8h | 79.612 | +0.432% | $1.4M | $994K | 20x | as long as short |
Bybit PDDUSDT
Bitget PDDUSDT
Extended PDD_24_5-USD
KuCoin PDDUSDTM
HTX PDD-USDT
Gate PDD_USDT
Binance PDDUSDT