Funding you earn now, next payment 12:00 UTC+0.1880%/8h= +205.9% APRpaid last 24h +0.181%
Price spread now: Binance against edgeX−0.017%7-day average +0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs+$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$95as in the Price arb table
costs, in and out, $10k−$900.903% of the position
Funding, last 7 days+1.412%+$141 on $10k
+Price spread, last 4 days (all we have)−0.018%−$2 · spread now −0.017%, 7d avg +0.031%
=Together, before fees+1.394%+ Points / potential airdropedgeX: Active · farm board+$139 on $10k · with fees, hour by hour
Funding pays, the price is against you. Binance is 0.048% cheaper against edgeX than usual: you would sell low and buy high (spread −0.017% now, against its 7-day average of +0.031%). If the spread goes back, that is −$5 on $10k: about 2 hours of funding at the current rate (+$56 a day). At the pace of the last 7 days (+1.412% in total) that is about 6 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX TMFUSDC | 29.945 | −0.0933 | get 0.0466% / 4h | 3h 57m | $13K | $285K | 10x |
| Short | Binance TMFUSDT | 29.940 | 0.0948 | get 0.0948% / 8h | 7h 57m | $1.2M | $512K | 25x |
edgeX TMFUSDC
Binance TMFUSDTFunding 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
- $394.88
- Price spread: −0.017% → +0.031%
- −$4.8
- Slippage, 4 orders
- −$71.27
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $299.82
- Costs to cover
- 0.903%
- Break-even
- 1.7 days
Slippage from edgeX: live order book, 40 min ago; Binance: live order book, 5 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, 40 min ago | 10.05 bp | 21.5 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 3.34 bp | 20.8 bp −$21 | 114.7 bp −$1,147 | 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 TMFUSDClong | −0.0933% | 4h | 29.945 | long leg | $13K | $285K | 10x | |
| Bybit TMFUSDT | 0.0000% | 8h | 29.900 | −0.151% | $162K | $55K | 25x | as long as short |
| Gate TMF_USDT | 0.0000% | 8h | 29.870 | −0.251% | $52K | $8K | 20x | as long as short |
| Bitget TMFUSDT | 0.0000% | 8h | 29.918 | −0.091% | $165K | $90K | 20x | as long as short |
| HTX TMF-USDT | 0.0000% | 8h | 29.980 | +0.117% | $9K | $252K | 10x | as long as short |
| OKX TMF-USDT-SWAP | +0.0548% | 8h | 29.930 | −0.050% | $150K | $137K | 20x | as long as short |
| Variational Omni TMF | +0.0847% | 8h | 29.926 | −0.064% | $29K | $6K | — | as long as short |
| MEXC TMF_USDT | +0.0945% | 8h | 29.910 | −0.117% | $639K | $89K | 20x | as long as short |
| Binance TMFUSDTshort | +0.0948% | 8h | 29.940 | −0.017% | $1.2M | $512K | 25x |
Bybit TMFUSDT
Gate TMF_USDT
Bitget TMFUSDT
HTX TMF-USDT
OKX TMF-USDT-SWAP
Variational Omni TMF
MEXC TMF_USDT