Settings8H · net · $10k
Funding arb · Price arb /

V

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0710%/8h= +77.7% APRpaid last 24h +0.072%
Price spread now: Gate against edgeX−0.023%52s7-day average +0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$435as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$4364.355% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.006%+$1 on $10k
Price spread, last 4 days (all we have)−0.114%−$11 · spread now −0.023%, 7d avg +0.009%
Together, before fees−0.108%+ Points / potential airdropedgeX: Active · farm board−$11 on $10k · with fees, hour by hour
Funding pays, the price is against you. Gate is 0.032% cheaper against edgeX than usual: you would sell low and buy high (spread −0.023% now, against its 7-day average of +0.009%). If the spread goes back, that is −$3 on $10k: about 4 hours of funding at the current rate (+$21 a day). At the pace of the last 7 days (+0.006% in total) that is about 37 days. The two prices were read 52 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 0.006% in total (about 0.3% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX VUSDC369.28−0.0710get 0.0355% / 4h2h 20m$192K$180K10x
ShortGate V_USDT369.200get 0.0000% / 8h2h 20m$190K$5K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against edgeX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$149.02
Price spread: −0.023% → +0.009%
−$3.25
Slippage, 4 orders
−$411.52
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$289.74
Costs to cover
4.355%
Break-even
20.6 days
Slippage from edgeX: live order book, 26 min ago; Gate: live order book, 21 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy edgeX live order book, 26 min ago8.27 bp62.7 bp −$63doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 21 min ago4.07 bp220.3 bp −$220doesn't fitdoesn't fitdoesn't fit

V on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX VUSDClong−0.0710%4h369.28long leg$192K$180K10x
Injective V/USDC PERP−0.0220%1h332.12−10.064%$16K$30K12xas long as short
Aster VUSDT0.0000%8h369.64+0.095%$17K$6K20xas long as short
Binance VUSDT0.0000%8h369.35+0.018%$607K$281K20xas long as short
Bybit VUSDT0.0000%8h369.28−0.001%$124K$14K25xas long as short
Gate V_USDTshort0.0000%8h369.20−0.023%$190K$5K20x
Bitget VUSDT0.0000%8h369.43+0.039%$122K$11K20xas long as short
GRVT V_USDT_Perp0.0000%8h369.33+0.011%$11K$156K10xas long as short
SunX V-USDT0.0000%8h367.00−0.619%$1K$602K10xas long as short
HTX V-USDT0.0000%8h369.61+0.088%$6K$32K20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin VUSDTM+0.0100%8h368.35−0.253%$291K$834K20xas long as short