Funding you earn now, next payment 12:00 UTC+0.0309%/8h= +33.8% APRnext payment +$1.54 per $10,000 · paid last 24h +0.143%
Price spread now: edgeX against Binance−0.050%80s7-day average −0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$197as 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−$2622.616% of the position
Funding, last 7 days+0.647%+$65 on $10k
+Price spread, last 4 days (all we have)−0.017%−$2 · spread now −0.050%, 7d avg −0.012%
=Together, before fees+0.629%+ Points / potential airdropedgeX: Active · farm board+$63 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.038% cheaper against Binance than usual: you would sell low and buy high (spread −0.050% now, against its 7-day average of −0.012%). If the spread goes back, that is −$4 on $10k: about 10 hours of funding at the current rate (+$9 a day). The two prices were read 80 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance TENCENTUSDT | 57.580 | 0 | get 0.0000% / 4h | 2h 58m | $2.9M | $5.1M | 25x |
| Short | edgeX TENCENTUSDC | 57.551 | 0.0309 | get 0.0154% / 4h | 2h 58m | $118K | $215K | 10x |
Binance TENCENTUSDT
edgeX TENCENTUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Binance. 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
- $64.79
- Price spread: −0.050% → −0.012%
- −$3.82
- Slippage, 4 orders
- −$242.58
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$200.62
- Costs to cover
- 2.616%
- Break-even
- 28.7 days
Slippage from Binance: live order book, 9 min ago; edgeX: live order book, 34 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 Binance live order book, 9 min ago | 0.87 bp | 12.3 bp −$12 | 62.0 bp −$620 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 34 min ago | 13.09 bp | 104.1 bp −$104 | doesn't fit | doesn't fit | doesn't fit |
TENCENT 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster TENCENTUSDT | 0.0000% | 8h | 57.587 | +0.012% | $44K | $12K | 20x | as long as short |
| Binance TENCENTUSDTlong | 0.0000% | 4h | 57.580 | long leg | $2.9M | $5.1M | 25x | |
| Bybit TENCENTUSDT | 0.0000% | 8h | 57.550 | −0.052% | $251K | $168K | 25x | as long as short |
| Gate TENCENT_USDT | 0.0000% | 8h | 57.550 | −0.052% | $1.7M | $647K | 25x | as long as short |
| Bitget TENCENTUSDT | 0.0000% | 8h | 57.550 | −0.052% | $1.2M | $1.5M | 20x | as long as short |
| HTX TENCENT-USDT | 0.0000% | 4h | 57.820 | +0.417% | $10K | $46K | 10x | as long as short |
| Lighter TENCENT | +0.0032% | 1h | 57.918 | +0.587% | $62K | $9K | 10x | as long as short |
| KuCoin TENCENTUSDTM | +0.0100% | 4h | 57.500 | −0.139% | $120K | $744K | 20x | as long as short |
| edgeX TENCENTUSDCshort | +0.0309% | 4h | 57.551 | −0.050% | $118K | $215K | 10x |
Aster TENCENTUSDT
Bybit TENCENTUSDT
Gate TENCENT_USDT
Bitget TENCENTUSDT
HTX TENCENT-USDT
Lighter TENCENT
KuCoin TENCENTUSDTM