Settings8H · net · $10k
Funding arb · Price arb /

TEAM

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Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0272%/8h= +29.8% APRpaid last 24h +0.027%
Price spread now: edgeX against Bitget+0.015%114s7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1191.188% of the position
What this pair did over the last
the charts below follow
Funding, last 1 day (all we have)−0.018%−$2 on $10k
Price spread, last 1 day (all we have)−0.023%−$2 · spread now +0.015%, 7d avg −0.007%
Together, before fees−0.041%+ Points / potential airdropedgeX: Active · farm board−$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and edgeX is 0.022% dearer against Bitget than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.007%. The two prices were read 114 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 1 day it paid -0.018% in total (about -5.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget TEAMUSDT189.400get 0.0000% / 8h6h 09m$73K$122K20x
ShortedgeX TEAMUSDC189.430.0272get 0.0136% / 4h2h 09m$405$280K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Bitget. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$57.15
Price spread: +0.015% → −0.007%
$2.18
Slippage, 4 orders
−$97.82
Fee Bitget: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$59.49
Costs to cover
1.188%
Break-even
14.3 days
Slippage from Bitget: live order book, 24 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
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 24 min ago5.82 bp45.8 bp −$46143.4 bp −$1,434doesn't fitdoesn't fit
Sell edgeX live order book, 37 min ago10.59 bp23.2 bp −$23doesn't fitdoesn't fitdoesn't fit

TEAM on 10 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance TEAMUSDT0.0000%8h189.30−0.053%$124K$640K20xas long as short
Bybit TEAMUSDT0.0000%8h189.46+0.032%$60K$178K25xas long as short
OKX TEAM-USDT-SWAP0.0000%8h189.35−0.026%$42K$308K20xas long as short
Gate TEAM_USDT0.0000%8h189.59+0.100%$37K$21K20xas long as short
Bitget TEAMUSDTlong0.0000%8h189.40long leg$73K$122K20x
SunX TEAM-USDT0.0000%8h189.44+0.021%$1.6M10xas long as short
HTX TEAM-USDT0.0000%8h189.44+0.021%$6K$340K20xas long as short
BloFin TEAM-USDT+0.0001%8h189.38−0.011%$14K$13K20xas long as short
Extended TEAM-USD+0.0040%1h189.08−0.166%5xas long as short
edgeX TEAMUSDCshort+0.0272%4h189.43+0.015%$405$280K10x