Funding you earn now, next payment 08:00 UTC+0.0159%/8h= +17.4% APRpaid last 24h −0.159%
Price spread now: Bybit against edgeX−0.077%7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$313as in the Funding arb table
Net, price: spread back to 7d avg − costs−$208as in the Price arb table
costs, in and out, $10k−$2022.021% of the position
Funding, last 7 days−1.113%−$111 on $10k
+Price spread, last 4 days (all we have)+0.092%+$9 · spread now −0.077%, 7d avg −0.021%
=Together, before fees−1.022%+ Points / potential airdropedgeX: Active · farm board−$102 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bybit is 0.056% cheaper against edgeX than usual: you would sell low and buy high (spread −0.077% now, against its 7-day average of −0.021%). If the spread goes back, that is −$6 on $10k: about 28 hours of funding at the current rate (+$5 a day). Mind the row above: over the last 7 days funding on this pair cost −1.113%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX TENCENTUSDC | 57.494 | −0.0159 | get 0.0080% / 4h | 22m 59s | $118K | $213K | 10x |
| Short | Bybit TENCENTUSDT | 57.450 | 0 | get 0.0000% / 8h | 22m 59s | $251K | $235K | 25x |
edgeX TENCENTUSDC
Bybit TENCENTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $33.45
- Price spread: −0.077% → −0.021%
- −$5.58
- Slippage, 4 orders
- −$182.07
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$174.19
- Costs to cover
- 2.021%
- Break-even
- 43.4 days
Slippage from edgeX: live order book, 14 min ago; Bybit: 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, 14 min ago | 6.10 bp | 25.8 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 6 min ago | 6.97 bp | 55.6 bp −$56 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX TENCENTUSDClong | −0.0159% | 4h | 57.494 | long leg | $118K | $213K | 10x | |
| Aster TENCENTUSDT | 0.0000% | 8h | 57.500 | +0.009% | $44K | $12K | 20x | as long as short |
| Bybit TENCENTUSDTshort | 0.0000% | 8h | 57.450 | −0.077% | $251K | $235K | 25x | |
| Gate TENCENT_USDT | 0.0000% | 8h | 57.500 | +0.010% | $1.7M | $650K | 25x | as long as short |
| Bitget TENCENTUSDT | 0.0000% | 8h | 57.440 | −0.095% | $1.2M | $1.9M | 20x | as long as short |
| HTX TENCENT-USDT | 0.0000% | 4h | 57.670 | +0.305% | $10K | $45K | 10x | as long as short |
| Binance TENCENTUSDT | +0.0006% | 4h | 57.520 | +0.045% | $2.9M | $5.2M | 25x | as long as short |
| KuCoin TENCENTUSDTM | +0.0100% | 4h | 57.420 | −0.129% | $121K | $681K | 20x | as long as short |
| Lighter TENCENT | +0.0248% | 1h | 57.557 | +0.109% | $61K | $9K | 10x | as long as short |
Aster TENCENTUSDT
Gate TENCENT_USDT
Bitget TENCENTUSDT
HTX TENCENT-USDT
Binance TENCENTUSDT
KuCoin TENCENTUSDTM
Lighter TENCENT