Funding you earn now, next payment 08:00 UTC−0.1764%/8h= −193.1% APRpaid last 24h −0.154%
Price spread now: edgeX against OKX+0.047%7-day average −0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$378as in the Funding arb table
Net, price: spread back to 7d avg − costs−$235as 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
The price spread pays, funding is against you. edgeX is 0.090% dearer against OKX than usual: you sell high and buy low (spread +0.047% now, against its 7-day average of −0.043%): +$9 on $10k if it goes back. Holding the pair costs −$53 a day in funding at the current rate, which eats that in about 4 hours. 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 | OKX TMF-USDT-SWAP | 29.970 | 0.0796 | pay 0.0796% / 8h | 2h 51m | $149K | $138K | 20x |
| Short | edgeX TMFUSDC | 29.984 | −0.0968 | pay 0.0484% / 4h | 2h 51m | $13K | $286K | 10x |
OKX TMF-USDT-SWAP
edgeX TMFUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against OKX. 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
- −$370.38
- Price spread: +0.047% → −0.043%
- $9.04
- Slippage, 4 orders
- −$225.22
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$605.57
- Costs to cover
- 2.442%
- Break-even
- never at this rate
Slippage from OKX: live order book, 58 min ago; edgeX: live order book, 61 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 OKX live order book, 58 min ago | 6.68 bp | 128.3 bp −$128 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 61 min ago | 11.69 bp | 25.7 bp −$26 | 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 | −0.0968% | 4h | 29.984 | +0.047% | $13K | $286K | 10x | |
| Bybit TMFUSDT | 0.0000% | 8h | 29.950 | −0.067% | $163K | $53K | 25x | as long as short |
| Gate TMF_USDT | 0.0000% | 8h | 29.930 | −0.133% | $51K | $7K | 20x | as long as short |
| Bitget TMFUSDT | 0.0000% | 8h | 29.930 | −0.133% | $160K | $86K | 20x | as long as short |
| HTX TMF-USDT | 0.0000% | 8h | 29.950 | −0.067% | $9K | $253K | 10x | as long as short |
| OKX TMF-USDT-SWAPlong | +0.0796% | 8h | 29.970 | long leg | $149K | $138K | 20x | |
| Variational Omni TMF | +0.0985% | 8h | 29.975 | +0.016% | $28K | $5K | — | as long as short |
| MEXC TMF_USDT | +0.1082% | 8h | 29.970 | 0.000% | $637K | $89K | 20x | as long as short |
| Binance TMFUSDT | +0.1091% | 8h | 29.989 | +0.064% | $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