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

ARGUS

all ARGUS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0034%/8h= −3.7% APRnext payment $0.17 per $10,000 · paid last 24h −0.012%
Price spread now: edgeX against Gate+0.780%82s7-day average +1.160% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.108%−$11 on $10k
Price spread, last 4 days (all we have)+0.423%+$42 · spread now +0.780%, 7d avg +1.160%
Together, before fees+0.315%+ Points / potential airdropedgeX: Active · farm board+$32 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and edgeX is 0.380% cheaper against Gate than usual: you would sell low and buy high (−$38 if the spread goes back to its 7-day average of +1.160%). Swap the legs. The two prices were read 82 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ARGUS_USDT0.016230.0100pay 0.0050% / 4h1h 05m$154K$214K10x
ShortedgeX ARGUSUSDC0.016360.0066get 0.0033% / 4h1h 05m$5K$158K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Gate. 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
−$7.12
Price spread: +0.780% → +1.160%
−$37.97
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$69.09
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: Gate: live order book, 30 min ago; edgeX: live order book, 36 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 30 min ago67.57 bp6011.6 bp −$6,012doesn't fitdoesn't fitdoesn't fit
Sell edgeX live order book, 36 min ago79.27 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

ARGUS on 5 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
MEXC ARGUS_USDT−0.0250%4h0.01621−0.123%$26K$90K20xas long as short
BingX ARGUS-USDT−0.0176%4h0.01621−0.123%$991Kas long as short
edgeX ARGUSUSDCshort+0.0066%4h0.01636+0.780%$5K$158K3x
Aster ARGUSUSDT+0.0100%1h0.01634+0.689%$38K$50K5xas long as short
Gate ARGUS_USDTlong+0.0100%4h0.01623long leg$154K$214K10x