Funding you earn now, next payment 08:00 UTC+0.0272%/8h= +29.8% APRpaid last 24h +0.159%
Price spread now: edgeX against Bybit−0.106%7-day average +0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$91as in the Funding arb table
Net, price: spread back to 7d avg − costs−$215as in the Price arb table
costs, in and out, $10k−$2022.019% of the position
Funding, last 7 days+1.113%+$111 on $10k
+Price spread, last 4 days (all we have)+0.097%+$10 · spread now −0.106%, 7d avg +0.023%
=Together, before fees+1.211%+ Points / potential airdropedgeX: Active · farm board+$121 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.130% cheaper against Bybit than usual: you would sell low and buy high (spread −0.106% now, against its 7-day average of +0.023%). If the spread goes back, that is −$13 on $10k: about 38 hours of funding at the current rate (+$8 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit TENCENTUSDT | 57.920 | 0 | get 0.0000% / 8h | 2h 11m | $254K | $266K | 25x |
| Short | edgeX TENCENTUSDC | 57.858 | 0.0272 | get 0.0136% / 4h | 2h 11m | $119K | $212K | 10x |
Funding 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
- $57.17
- Price spread: −0.106% → +0.023%
- −$12.98
- Slippage, 4 orders
- −$181.86
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$157.67
- Costs to cover
- 2.019%
- Break-even
- 26.3 days
Slippage from Bybit: live order book, 28 min ago; edgeX: live order book, 35 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 Bybit live order book, 28 min ago | 9.51 bp | 66.8 bp −$67 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 35 min ago | 5.14 bp | 13.6 bp −$14 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit TENCENTUSDTlong | 0.0000% | 8h | 57.920 | long leg | $254K | $266K | 25x | |
| Gate TENCENT_USDT | 0.0000% | 8h | 57.920 | 0.000% | $1.7M | $684K | 25x | as long as short |
| Bitget TENCENTUSDT | 0.0000% | 8h | 57.940 | +0.035% | $1.2M | $3.1M | 20x | as long as short |
| HTX TENCENT-USDT | 0.0000% | 4h | 57.850 | −0.121% | $10K | $43K | 10x | as long as short |
| Aster TENCENTUSDT | +0.0005% | 8h | 57.982 | +0.108% | $44K | $12K | 20x | as long as short |
| KuCoin TENCENTUSDTM | +0.0100% | 4h | 57.850 | −0.121% | $123K | $690K | 20x | as long as short |
| edgeX TENCENTUSDCshort | +0.0272% | 4h | 57.858 | −0.106% | $119K | $212K | 10x | |
| Binance TENCENTUSDT | +0.0540% | 4h | 57.960 | +0.069% | $2.9M | $5.2M | 25x | as long as short |
| Lighter TENCENT | +0.0816% | 1h | 58.232 | +0.539% | $68K | $4K | 10x | as long as short |
Bybit TENCENTUSDT
edgeX TENCENTUSDC
Gate TENCENT_USDT
Bitget TENCENTUSDT
HTX TENCENT-USDT
Aster TENCENTUSDT
KuCoin TENCENTUSDTM
Binance TENCENTUSDT
Lighter TENCENT