Funding you earn now, next payment 08:00 UTC+0.0700%/8h= +76.6% APRpaid last 24h +0.125%
Price spread now: edgeX against Gate+0.008%67s7-day average −0.059% · you sell dearer than you buy
Net, funding: paid 7d − costs−$384as 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−$4524.515% of the position
Funding, last 7 days+0.679%+$68 on $10k
+Price spread, last 4 days (all we have)−0.115%−$11 · spread now +0.008%, 7d avg −0.059%
=Together, before fees+0.564%+ Points / potential airdropedgeX: Active · farm board+$56 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$21 a day on $10k at the current rate, and edgeX is 0.067% dearer against Gate than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.059%. The two prices were read 67 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 | Gate TENCENT_USDT | 58.410 | 0 | get 0.0000% / 8h | 3h 30m | $1.7M | $635K | 25x |
| Short | edgeX TENCENTUSDC | 58.415 | 0.0700 | get 0.0350% / 4h | 3h 30m | $121K | $212K | 10x |
Gate TENCENT_USDT
edgeX TENCENTUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Gate. 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
- $146.98
- Price spread: +0.008% → −0.059%
- $6.69
- Slippage, 4 orders
- −$427.54
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$297.87
- Costs to cover
- 4.515%
- Break-even
- 21.2 days
Slippage from Gate: live order book, 2 min ago; edgeX: live order book, 22 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 Gate live order book, 2 min ago | 10.27 bp | 195.6 bp −$196 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 22 min ago | 12.86 bp | 120.4 bp −$120 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster TENCENTUSDT | 0.0000% | 8h | 58.565 | +0.265% | $46K | $11K | 20x | as long as short |
| Binance TENCENTUSDT | 0.0000% | 4h | 58.425 | +0.026% | $2.8M | $4.5M | 25x | as long as short |
| Bybit TENCENTUSDT | 0.0000% | 8h | 58.420 | +0.017% | $245K | $254K | 25x | as long as short |
| Gate TENCENT_USDTlong | 0.0000% | 8h | 58.410 | long leg | $1.7M | $635K | 25x | |
| Bitget TENCENTUSDT | 0.0000% | 8h | 58.380 | −0.051% | $1.2M | $2.9M | 20x | as long as short |
| HTX TENCENT-USDT | 0.0000% | 4h | 58.490 | +0.137% | $10K | $42K | 10x | as long as short |
| Lighter TENCENT | +0.0032% | 1h | 58.800 | +0.668% | $68K | $4K | 10x | as long as short |
| KuCoin TENCENTUSDTM | +0.0100% | 4h | 58.350 | −0.103% | $125K | $686K | 20x | as long as short |
| edgeX TENCENTUSDCshort | +0.0700% | 4h | 58.415 | +0.008% | $121K | $212K | 10x |
Aster TENCENTUSDT
Binance TENCENTUSDT
Bybit TENCENTUSDT
Bitget TENCENTUSDT
HTX TENCENT-USDT
Lighter TENCENT
KuCoin TENCENTUSDTM