Funding you earn now, next payment 08:00 UTC+0.1769%/8h= +193.7% APRpaid last 24h +0.154%
Price spread now: OKX against edgeX−0.047%7-day average +0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$111as in the Funding arb table
Net, price: spread back to 7d avg − costs−$253as in the Price arb table
costs, in and out, $10k−$2442.442% of the position
Funding, last 7 days+1.336%+$134 on $10k
+Price spread, last 4 days (all we have)−0.031%−$3 · spread now −0.047%, 7d avg +0.043%
=Together, before fees+1.305%+ Points / potential airdropedgeX: Active · farm board+$130 on $10k · with fees, hour by hour
Funding pays, the price is against you. OKX is 0.090% cheaper against edgeX than usual: you would sell low and buy high (spread −0.047% now, against its 7-day average of +0.043%). If the spread goes back, that is −$9 on $10k: about 4 hours of funding at the current rate (+$53 a day). At the pace of the last 7 days (+1.336% in total) that is about 11 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX TMFUSDC | 29.984 | −0.0968 | get 0.0484% / 4h | 2h 51m | $13K | $286K | 10x |
| Short | OKX TMF-USDT-SWAP | 29.970 | 0.0801 | get 0.0801% / 8h | 2h 51m | $149K | $138K | 20x |
edgeX TMFUSDC
OKX TMF-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $371.5
- Price spread: −0.047% → +0.043%
- −$9.03
- Slippage, 4 orders
- −$225.22
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $118.25
- Costs to cover
- 2.442%
- Break-even
- 4.8 days
Slippage from edgeX: live order book, 61 min ago; OKX: live order book, 58 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, 61 min ago | 11.69 bp | 23.6 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 58 min ago | 6.68 bp | 66.6 bp −$67 | 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 TMFUSDClong | −0.0968% | 4h | 29.984 | long leg | $13K | $286K | 10x | |
| Bybit TMFUSDT | 0.0000% | 8h | 29.960 | −0.081% | $163K | $53K | 25x | as long as short |
| Gate TMF_USDT | 0.0000% | 8h | 29.930 | −0.181% | $51K | $7K | 20x | as long as short |
| Bitget TMFUSDT | 0.0000% | 8h | 29.930 | −0.181% | $160K | $86K | 20x | as long as short |
| HTX TMF-USDT | 0.0000% | 8h | 29.990 | +0.020% | $9K | $254K | 10x | as long as short |
| OKX TMF-USDT-SWAPshort | +0.0801% | 8h | 29.970 | −0.047% | $149K | $138K | 20x | |
| Variational Omni TMF | +0.0985% | 8h | 29.975 | −0.031% | $28K | $5K | — | as long as short |
| MEXC TMF_USDT | +0.1082% | 8h | 29.960 | −0.081% | $636K | $89K | 20x | as long as short |
| Binance TMFUSDT | +0.1091% | 8h | 29.989 | +0.018% | $1.2M | $500K | 25x | as long as short |
Bybit TMFUSDT
Gate TMF_USDT
Bitget TMFUSDT
HTX TMF-USDT
Variational Omni TMF
MEXC TMF_USDT
Binance TMFUSDT