Funding you earn now, next payment 08:00 UTC−0.0645%/8h= −70.7% APRpaid last 24h −0.069%
Price spread now: edgeX against Gate−0.052%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.271%−$27 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and edgeX is 0.052% cheaper against Gate than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.271% in total (about -14.1% 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 | Gate TBT_USDT | 38.700 | 0 | get 0.0000% / 8h | 3h 28m | $88K | $8K | 20x |
| Short | edgeX TBTUSDC | 38.680 | −0.0645 | pay 0.0323% / 4h | 3h 28m | $21K | $184K | 10x |
Gate TBT_USDT
edgeX TBTUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Gate. 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
- −$135.55
- Price spread: −0.052% → 0.000%
- −$5.2
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$164.75
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: Gate: no order-book sample; edgeX: live order book, 23 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 Gate no order-book sample | — | — | — | — | — |
| Sell edgeX live order book, 23 min ago | 15.51 bp | 38.9 bp −$39 | doesn't fit | doesn't fit | doesn't fit |
Gate: 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX TBTUSDCshort | −0.0645% | 4h | 38.680 | −0.052% | $21K | $184K | 10x | |
| Binance TBTUSDT | 0.0000% | 8h | 38.650 | −0.129% | $234K | $112K | 25x | as long as short |
| Bybit TBTUSDT | 0.0000% | 8h | 38.690 | −0.026% | $76K | $7K | 25x | as long as short |
| Gate TBT_USDTlong | 0.0000% | 8h | 38.700 | long leg | $88K | $8K | 20x | |
| MEXC TBT_USDT | 0.0000% | 8h | 38.680 | −0.052% | $108K | $81K | 20x | as long as short |
| Bitget TBTUSDT | 0.0000% | 8h | 38.684 | −0.041% | $22K | $12K | 20x | as long as short |
| HTX TBT-USDT | 0.0000% | 8h | 38.690 | −0.026% | $5K | $299K | 10x | as long as short |
Binance TBTUSDT
Bybit TBTUSDT
MEXC TBT_USDT
Bitget TBTUSDT
HTX TBT-USDT