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 − costs—prices read too far apart to compare
costs, in and out, $10k−$4364.355% of the position
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX VUSDC | 369.28 | −0.0710 | get 0.0355% / 4h | 2h 20m | $192K | $180K | 10x |
| Short | Gate V_USDT | 369.20 | 0 | get 0.0000% / 8h | 2h 20m | $190K | $5K | 20x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy edgeX live order book, 26 min ago | 8.27 bp | 62.7 bp −$63 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 21 min ago | 4.07 bp | 220.3 bp −$220 | 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 VUSDClong | −0.0710% | 4h | 369.28 | long leg | $192K | $180K | 10x | |
| Injective V/USDC PERP | −0.0220% | 1h | 332.12 | −10.064% | $16K | $30K | 12x | as long as short |
| Aster VUSDT | 0.0000% | 8h | 369.64 | +0.095% | $17K | $6K | 20x | as long as short |
| Binance VUSDT | 0.0000% | 8h | 369.35 | +0.018% | $607K | $281K | 20x | as long as short |
| Bybit VUSDT | 0.0000% | 8h | 369.28 | −0.001% | $124K | $14K | 25x | as long as short |
| Gate V_USDTshort | 0.0000% | 8h | 369.20 | −0.023% | $190K | $5K | 20x | |
| Bitget VUSDT | 0.0000% | 8h | 369.43 | +0.039% | $122K | $11K | 20x | as long as short |
| GRVT V_USDT_Perp | 0.0000% | 8h | 369.33 | +0.011% | $11K | $156K | 10x | as long as short |
| SunX V-USDT | 0.0000% | 8h | 367.00 | −0.619% | $1K | $602K | 10x | as long as short |
| HTX V-USDT | 0.0000% | 8h | 369.61 | +0.088% | $6K | $32K | 20x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin VUSDTM | +0.0100% | 8h | 368.35 | −0.253% | $291K | $834K | 20x | as long as short |
edgeX VUSDC
Gate V_USDT
Injective V/USDC PERP
Aster VUSDT
Binance VUSDT
Bybit VUSDT
Bitget VUSDT
GRVT V_USDT_Perp
SunX V-USDT
HTX V-USDT
KuCoin VUSDTM