Funding you earn now, next payment 08:00 UTC+0.0161%/8h= +17.6% APRpaid last 24h −0.159%
Price spread now: Bitget against edgeX+0.093%64s7-day average −0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$211as 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−$1041.044% of the position
Funding, last 7 days−1.070%−$107 on $10k
+Price spread, last 4 days (all we have)−0.098%−$10 · spread now +0.093%, 7d avg −0.034%
=Together, before fees−1.167%+ Points / potential airdropedgeX: Active · farm board−$117 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Bitget is 0.127% dearer against edgeX than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.034%. Mind the row above: over the last 7 days funding on this pair cost −1.070%, so the current rate has only just turned in your favour. The two prices were read 64 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 | edgeX TENCENTUSDC | 57.356 | −0.0161 | get 0.0080% / 4h | 1h 06m | $118K | $213K | 10x |
| Short | Bitget TENCENTUSDT | 57.410 | 0 | get 0.0000% / 8h | 1h 06m | $1.2M | $3.0M | 20x |
edgeX TENCENTUSDC
Bitget TENCENTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $33.79
- Price spread: +0.093% → −0.034%
- $12.74
- Slippage, 4 orders
- −$83.4
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$57.86
- Costs to cover
- 1.044%
- Break-even
- 19.0 days
Slippage from edgeX: live order book, 35 min ago; Bitget: live order book, 1 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, 35 min ago | 6.09 bp | 26.7 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 4.36 bp | 32.9 bp −$33 | 40.2 bp −$402 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX TENCENTUSDClong | −0.0161% | 4h | 57.356 | long leg | $118K | $213K | 10x | |
| Aster TENCENTUSDT | 0.0000% | 8h | 57.518 | +0.282% | $44K | $12K | 20x | as long as short |
| Bybit TENCENTUSDT | 0.0000% | 8h | 57.430 | +0.128% | $251K | $266K | 25x | as long as short |
| Gate TENCENT_USDT | 0.0000% | 8h | 57.420 | +0.111% | $1.7M | $675K | 25x | as long as short |
| Bitget TENCENTUSDTshort | 0.0000% | 8h | 57.410 | +0.093% | $1.2M | $3.0M | 20x | |
| HTX TENCENT-USDT | 0.0000% | 4h | 57.420 | +0.111% | $10K | $45K | 10x | as long as short |
| KuCoin TENCENTUSDTM | +0.0100% | 4h | 57.340 | −0.029% | $121K | $684K | 20x | as long as short |
| Binance TENCENTUSDT | +0.0178% | 4h | 57.418 | +0.107% | $2.8M | $5.1M | 25x | as long as short |
| Lighter TENCENT | +0.0296% | 1h | 57.696 | +0.592% | $67K | $4K | 10x | as long as short |
Aster TENCENTUSDT
Bybit TENCENTUSDT
Gate TENCENT_USDT
HTX TENCENT-USDT
KuCoin TENCENTUSDTM
Binance TENCENTUSDT
Lighter TENCENT