Funding you earn now, next payment 12:00 UTC+0.0684%/8h= +74.9% APRpaid last 24h −0.109%
Price spread now: edgeX against Bybit+0.059%61s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.321%−$32 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$21 a day on $10k at the current rate, and edgeX is 0.059% dearer against Bybit than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.321%, so the current rate has only just turned in your favour. The two prices were read 61 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 -0.321% in total (about -16.7% 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 TBTUSDT | 38.700 | 0 | get 0.0000% / 8h | 7h 30m | $75K | $6K | 25x |
| Short | edgeX TBTUSDC | 38.723 | 0.0684 | get 0.0342% / 4h | 3h 30m | $21K | $183K | 10x |
Bybit TBTUSDT
edgeX TBTUSDCFunding 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
- $143.56
- Price spread: +0.059% → 0.000%
- $5.92
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $129.48
- Costs to cover
- 0.200%
- Break-even
- 0.7 days
Slippage unknown: Bybit: no order-book sample; edgeX: live order book, 1 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 Bybit no order-book sample | — | — | — | — | — |
| Sell edgeX live order book, 1 min ago | 9.04 bp | 38.9 bp −$39 | doesn't fit | doesn't fit | doesn't fit |
Bybit: 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.
TBT on 7 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 TBTUSDT | 0.0000% | 8h | 38.720 | +0.052% | $233K | $108K | 25x | as long as short |
| Bybit TBTUSDTlong | 0.0000% | 8h | 38.700 | long leg | $75K | $6K | 25x | |
| Gate TBT_USDT | 0.0000% | 8h | 38.740 | +0.103% | $88K | $9K | 20x | as long as short |
| MEXC TBT_USDT | 0.0000% | 8h | 38.700 | 0.000% | $108K | $80K | 20x | as long as short |
| Bitget TBTUSDT | 0.0000% | 8h | 38.771 | +0.183% | $22K | $11K | 20x | as long as short |
| HTX TBT-USDT | 0.0000% | 8h | 38.720 | +0.052% | $5K | $298K | 10x | as long as short |
| edgeX TBTUSDCshort | +0.0684% | 4h | 38.723 | +0.059% | $21K | $183K | 10x |
Binance TBTUSDT
Gate TBT_USDT
MEXC TBT_USDT
Bitget TBTUSDT
HTX TBT-USDT