Funding you earn now, next payment 12:00 UTC−0.0009%/8h= −1.0% APRpaid last 24h +0.158%
Price spread now: edgeX against Bitget+0.130%7-day average +0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$191as in the Funding arb table
Net, price: spread back to 7d avg − costs−$289as in the Price arb table
costs, in and out, $10k−$2982.983% of the position
Funding, last 7 days+1.071%+$107 on $10k
+Price spread, last 4 days (all we have)−0.107%−$11 · spread now +0.130%, 7d avg +0.033%
=Together, before fees+0.964%+ Points / potential airdropedgeX: Active · farm board+$96 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.097% dearer against Bitget than usual: you sell high and buy low (spread +0.130% now, against its 7-day average of +0.033%): +$10 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 35 days. Mind the row above: over the last 7 days funding on this pair paid +1.071%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget TENCENTUSDT | 57.520 | 0 | get 0.0000% / 8h | 4h 51m | $1.2M | $1.5M | 20x |
| Short | edgeX TENCENTUSDC | 57.595 | −0.0009 | pay 0.0005% / 4h | 51m 25s | $119K | $215K | 10x |
Bitget TENCENTUSDT
edgeX TENCENTUSDCFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$1.93
- Price spread: +0.130% → +0.033%
- $9.66
- Slippage, 4 orders
- −$277.26
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$290.53
- Costs to cover
- 2.983%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 3 min ago; edgeX: live order book, 53 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 Bitget live order book, 3 min ago | 4.34 bp | 18.0 bp −$18 | 33.9 bp −$339 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 53 min ago | 12.18 bp | 102.2 bp −$102 | doesn't fit | doesn't fit | doesn't fit |
TENCENT on 9 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin TENCENTUSDTM | −0.0144% | 4h | 57.490 | −0.052% | $120K | $847K | 20x | as long as short |
| edgeX TENCENTUSDCshort | −0.0009% | 4h | 57.595 | +0.130% | $119K | $215K | 10x | |
| Aster TENCENTUSDT | 0.0000% | 8h | 57.617 | +0.168% | $44K | $12K | 20x | as long as short |
| Binance TENCENTUSDT | 0.0000% | 4h | 57.575 | +0.096% | $2.9M | $5.1M | 25x | as long as short |
| Bybit TENCENTUSDT | 0.0000% | 8h | 57.560 | +0.070% | $251K | $152K | 25x | as long as short |
| Gate TENCENT_USDT | 0.0000% | 8h | 57.550 | +0.052% | $1.6M | $688K | 25x | as long as short |
| Bitget TENCENTUSDTlong | 0.0000% | 8h | 57.520 | long leg | $1.2M | $1.5M | 20x | |
| HTX TENCENT-USDT | 0.0000% | 4h | 57.800 | +0.487% | $10K | $46K | 10x | as long as short |
| Lighter TENCENT | +0.0032% | 1h | 57.938 | +0.727% | $84K | $32K | 10x | as long as short |
KuCoin TENCENTUSDTM
Aster TENCENTUSDT
Binance TENCENTUSDT
Bybit TENCENTUSDT
Gate TENCENT_USDT
HTX TENCENT-USDT
Lighter TENCENT