Funding you earn now, next payment 04:00 UTC+0.0979%/8h= +107.2% APRpaid last 24h +0.014%
Price spread now: edgeX against Bybit−0.032%111s7-day average −0.125% · you buy dearer than you sell
Net, funding: paid 7d − costs−$230as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$2162.156% of the position
Funding, last 7 days−0.148%−$15 on $10k
+Price spread, last 4 days (all we have)−0.118%−$12 · spread now −0.032%, 7d avg −0.125%
=Together, before fees−0.266%+ Points / potential airdropedgeX: Active · farm board−$27 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$29 a day on $10k at the current rate, and edgeX is 0.093% dearer against Bybit than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.125%. Mind the row above: over the last 7 days funding on this pair cost −0.148%, so the current rate has only just turned in your favour. The two prices were read 111 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.148% in total (about -7.7% 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 | Bybit SHOPUSDT | 140.48 | 0 | get 0.0000% / 8h | 4h 19m | $859K | $84K | 25x |
| Short | edgeX SHOPUSDC | 140.43 | 0.0979 | get 0.0490% / 4h | 19m 44s | $18K | $224K | 10x |
Bybit SHOPUSDT
edgeX SHOPUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Bybit. 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
- $205.67
- Price spread: −0.032% → −0.125%
- $9.29
- Slippage, 4 orders
- −$195.59
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$0.63
- Costs to cover
- 2.156%
- Break-even
- 7.0 days
Slippage from Bybit: live order book, 35 min ago; edgeX: live order book, 37 min ago.
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 Bybit live order book, 35 min ago | 6.76 bp | 117.2 bp −$117 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 37 min ago | 9.24 bp | 23.9 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
SHOP on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance SHOPUSDT | 0.0000% | 8h | 140.36 | −0.085% | $393K | $870K | 20x | as long as short |
| Bybit SHOPUSDTlong | 0.0000% | 8h | 140.48 | long leg | $859K | $84K | 25x | |
| OKX SHOP-USDT-SWAP | 0.0000% | 8h | 140.22 | −0.185% | $128K | $317K | 20x | as long as short |
| Bitget SHOPUSDT | 0.0000% | 8h | 140.31 | −0.121% | $328K | $175K | 20x | as long as short |
| HTX SHOP-USDT | +0.0100% | 8h | 140.62 | +0.100% | $9K | $350K | 10x | as long as short |
| Extended SHOP-USD | +0.0120% | 1h | 138.72 | −1.249% | $263K | $6K | 10x | as long as short |
| edgeX SHOPUSDCshort | +0.0979% | 4h | 140.43 | −0.032% | $18K | $224K | 10x | |
| Gate SHOP_USDT | +0.1815% | 8h | 140.34 | −0.100% | $270K | $62K | 20x | as long as short |
Binance SHOPUSDT
OKX SHOP-USDT-SWAP
Bitget SHOPUSDT
HTX SHOP-USDT
Extended SHOP-USD
Gate SHOP_USDT