Funding you earn now, next payment 12:00 UTC−0.0433%/8h= −47.4% APRnext payment −$2.17 per $10,000 · paid last 24h −0.143%
Price spread now: Binance against edgeX+0.066%7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$326as in the Funding arb table
Net, price: spread back to 7d avg − costs−$256as in the Price arb table
costs, in and out, $10k−$2612.612% of the position
Funding, last 7 days−0.647%−$65 on $10k
+Price spread, last 4 days (all we have)+0.006%+$1 · spread now +0.066%, 7d avg +0.013%
=Together, before fees−0.641%+ Points / potential airdropedgeX: Active · farm board−$64 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Binance is 0.053% dearer against edgeX than usual: you sell high and buy low (spread +0.066% now, against its 7-day average of +0.013%): +$5 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 10 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX TENCENTUSDC | 57.572 | 0.0433 | pay 0.0217% / 4h | 9m 11s | $119K | $215K | 10x |
| Short | Binance TENCENTUSDT | 57.610 | 0 | get 0.0000% / 4h | 9m 11s | $2.9M | $5.1M | 25x |
edgeX TENCENTUSDC
Binance TENCENTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against edgeX. 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
- −$90.95
- Price spread: +0.066% → +0.013%
- $5.3
- Slippage, 4 orders
- −$242.16
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$346.81
- Costs to cover
- 2.612%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 31 min ago; Binance: live order book, 6 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 edgeX live order book, 31 min ago | 12.17 bp | 124.5 bp −$124 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 6 min ago | 1.74 bp | 19.9 bp −$20 | 82.6 bp −$826 | 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 | −0.0100% | 4h | 57.500 | −0.125% | $121K | $900K | 20x | as long as short |
| Aster TENCENTUSDT | 0.0000% | 8h | 57.671 | +0.172% | $46K | $13K | 20x | as long as short |
| Binance TENCENTUSDTshort | 0.0000% | 4h | 57.610 | +0.066% | $2.9M | $5.1M | 25x | |
| Bybit TENCENTUSDT | 0.0000% | 8h | 57.570 | −0.003% | $251K | $147K | 25x | as long as short |
| Gate TENCENT_USDT | 0.0000% | 8h | 57.560 | −0.021% | $1.6M | $700K | 25x | as long as short |
| Bitget TENCENTUSDT | 0.0000% | 8h | 57.550 | −0.038% | $1.2M | $1.5M | 20x | as long as short |
| HTX TENCENT-USDT | 0.0000% | 4h | 57.730 | +0.275% | $10K | $46K | 10x | as long as short |
| Lighter TENCENT | +0.0032% | 1h | 57.952 | +0.660% | $84K | $32K | 10x | as long as short |
| edgeX TENCENTUSDClong | +0.0433% | 4h | 57.572 | long leg | $119K | $215K | 10x |
KuCoin TENCENTUSDTM
Aster TENCENTUSDT
Bybit TENCENTUSDT
Gate TENCENT_USDT
Bitget TENCENTUSDT
HTX TENCENT-USDT
Lighter TENCENT