Funding you earn now, next payment 04:00 UTC−0.0036%/8h= −3.9% APRpaid last 24h −0.168%
Price spread now: edgeX against Bitget+0.084%74s7-day average −0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$248as 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−$1481.477% of the position
Funding, last 7 days−1.006%−$101 on $10k
+Price spread, last 4 days (all we have)−0.089%−$9 · spread now +0.084%, 7d avg −0.015%
=Together, before fees−1.095%+ Points / potential airdropedgeX: Active · farm board−$110 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.099% dearer against Bitget than usual: you sell high and buy low (spread +0.084% now, against its 7-day average of −0.015%): +$10 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 9.2 days. At the pace of the last 7 days (−1.006% in total) that is about 16 hours. The two prices were read 74 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 | Bitget TMFUSDT | 29.910 | 0 | get 0.0000% / 8h | 3h 58m | $155K | $80K | 20x |
| Short | edgeX TMFUSDC | 29.935 | −0.0036 | pay 0.0018% / 4h | 3h 58m | $14K | $287K | 10x |
Bitget TMFUSDT
edgeX TMFUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Bitget. 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
- −$7.48
- Price spread: +0.084% → −0.015%
- $9.87
- Slippage, 4 orders
- −$126.75
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$145.35
- Costs to cover
- 1.477%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 51 min ago; edgeX: live order book, 60 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 Bitget live order book, 51 min ago | 15.57 bp | 54.9 bp −$55 | 83.9 bp −$839 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 60 min ago | 15.00 bp | 44.2 bp −$44 | doesn't fit | doesn't fit | doesn't fit |
TMF 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 TMFUSDCshort | −0.0036% | 4h | 29.935 | +0.084% | $14K | $287K | 10x | |
| Bybit TMFUSDT | 0.0000% | 8h | 29.870 | −0.134% | $160K | $51K | 25x | as long as short |
| Gate TMF_USDT | 0.0000% | 8h | 29.900 | −0.033% | $51K | $7K | 20x | as long as short |
| Bitget TMFUSDTlong | 0.0000% | 8h | 29.910 | long leg | $155K | $80K | 20x | |
| HTX TMF-USDT | 0.0000% | 8h | 29.940 | +0.100% | $9K | $253K | 10x | as long as short |
| OKX TMF-USDT-SWAP | +0.0759% | 8h | 29.950 | +0.134% | $148K | $137K | 20x | as long as short |
| Variational Omni TMF | +0.0983% | 8h | 29.935 | +0.083% | $28K | $5K | — | as long as short |
| Binance TMFUSDT | +0.1048% | 8h | 29.920 | +0.033% | $1.2M | $470K | 25x | as long as short |
| MEXC TMF_USDT | +0.1049% | 8h | 29.940 | +0.100% | $636K | $89K | 20x | as long as short |
Bybit TMFUSDT
Gate TMF_USDT
HTX TMF-USDT
OKX TMF-USDT-SWAP
Variational Omni TMF
Binance TMFUSDT
MEXC TMF_USDT