Funding you earn now, next payment 08:00 UTC−0.0471%/8h= −51.6% APRpaid last 24h −0.072%
Price spread now: edgeX against Bybit+0.014%81s7-day average +0.056% · you sell dearer than you buy
Net, funding: paid 7d − costs−$304as 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−$2972.974% of the position
Funding, last 7 days−0.069%−$7 on $10k
+Price spread, last 4 days (all we have)+0.144%+$14 · spread now +0.014%, 7d avg +0.056%
=Together, before fees+0.075%+ Points / potential airdropedgeX: Active · farm board+$7 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and edgeX is 0.043% cheaper against Bybit than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.056%). Swap the legs. The two prices were read 81 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.069% in total (about -3.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit VUSDT | 368.84 | 0 | get 0.0000% / 8h | 3h 30m | $127K | $10K | 25x |
| Short | edgeX VUSDC | 368.89 | −0.0471 | pay 0.0236% / 4h | 3h 30m | $192K | $180K | 10x |
Bybit VUSDT
edgeX VUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Bybit. 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
- −$98.96
- Price spread: +0.014% → +0.056%
- −$4.28
- Slippage, 4 orders
- −$277.43
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$400.68
- Costs to cover
- 2.974%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; edgeX: live order book, 21 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 Bybit live order book, 4 min ago | 16.82 bp | 136.4 bp −$136 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 21 min ago | 10.44 bp | 59.3 bp −$59 | doesn't fit | doesn't fit | doesn't fit |
V on 11 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 VUSDCshort | −0.0471% | 4h | 368.89 | +0.014% | $192K | $180K | 10x | |
| Injective V/USDC PERP | −0.0220% | 1h | 331.39 | −10.153% | $16K | $30K | 12x | as long as short |
| Aster VUSDT | 0.0000% | 8h | 369.18 | +0.092% | $17K | $6K | 20x | as long as short |
| Binance VUSDT | 0.0000% | 8h | 369.16 | +0.087% | $597K | $269K | 20x | as long as short |
| Bybit VUSDTlong | 0.0000% | 8h | 368.84 | long leg | $127K | $10K | 25x | |
| Gate V_USDT | 0.0000% | 8h | 369.20 | +0.098% | $190K | $5K | 20x | as long as short |
| Bitget VUSDT | 0.0000% | 8h | 369.35 | +0.138% | $122K | $11K | 20x | as long as short |
| SunX V-USDT | 0.0000% | 8h | 368.88 | +0.011% | $1K | $626K | 10x | as long as short |
| HTX V-USDT | 0.0000% | 8h | 369.33 | +0.133% | $6K | $32K | 20x | as long as short |
| GRVT V_USDT_Perp | +0.0023% | 8h | 369.00 | +0.044% | $11K | $156K | 10x | as long as short |
Injective V/USDC PERP
Aster VUSDT
Binance VUSDT
Gate V_USDT
Bitget VUSDT
SunX V-USDT
HTX V-USDT
GRVT V_USDT_PerpShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin VUSDTM | +0.0024% | 8h | 368.27 | −0.155% | $291K | $797K | 20x | as long as short |
KuCoin VUSDTM