Funding you earn now, next payment 04:00 UTC+0.0553%/8h= +60.6% APRnext payment +$2.77 per $10,000 · paid last 24h +0.181%
Price spread now: edgeX against Gate−0.019%97s7-day average +0.238% · you buy dearer than you sell
Net, funding: paid 7d − costs−$127as 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−$1651.650% of the position
Funding, last 7 days+0.381%+$38 on $10k
+Price spread, last 4 days (all we have)+0.269%+$27 · spread now −0.019%, 7d avg +0.238%
=Together, before fees+0.650%+ Points / potential airdropedgeX: Active · farm board+$65 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.257% cheaper against Gate than usual: you would sell low and buy high (spread −0.019% now, against its 7-day average of +0.238%). If the spread goes back, that is −$26 on $10k: about 37 hours of funding at the current rate (+$17 a day). At the pace of the last 7 days (+0.381% in total) that is about 4.7 days. The two prices were read 97 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 0.381% in total (about 19.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.77 per $10,000. 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 | Gate B_USDT | 0.2046 | 0.0100 | pay 0.0050% / 4h | 2h 22m | $3.5M | $632K | 20x |
| Short | edgeX BUSDC | 0.2046 | 0.0653 | get 0.0327% / 4h | 2h 22m | $3K | $388K | 5x |
Gate B_USDT
edgeX BUSDCFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $116.16
- Price spread: −0.019% → +0.238%
- −$25.66
- Slippage, 4 orders
- −$140.98
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$74.49
- Costs to cover
- 1.650%
- Break-even
- 11.5 days
Slippage from Gate: live order book, 1 min ago; edgeX: live order book, 46 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 Gate live order book, 1 min ago | 4.89 bp | 46.2 bp −$46 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 46 min ago | 9.71 bp | 40.2 bp −$40 | doesn't fit | doesn't fit | doesn't fit |
B on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate B_USDTlong | +0.0100% | 4h | 0.2046 | long leg | $3.5M | $632K | 20x | |
| KuCoin BUSDTM | +0.0480% | 4h | 0.2047 | +0.044% | $1.9M | $72K | 10x | as long as short |
| Bybit BUSDT | +0.0594% | 4h | 0.2047 | +0.049% | $1.7M | $935K | 13x | as long as short |
| edgeX BUSDCshort | +0.0653% | 4h | 0.2046 | −0.019% | $3K | $388K | 5x | |
| MEXC B_USDT | +0.0654% | 4h | 0.2049 | +0.147% | $1.0M | $363K | 100x | as long as short |
| Binance BUSDT | +0.0655% | 4h | 0.2050 | +0.183% | $11.8M | $2.0M | 20x | as long as short |
| Extended B-USD | +0.0656% | 1h | 0.2049 | +0.131% | $18K | $218K | 5x | as long as short |
| BingX B-USDT | +0.0864% | 4h | 0.2049 | +0.147% | — | $1.3M | — | as long as short |
| Bitget BUSDT | +0.0892% | 4h | 0.2044 | −0.098% | $2.8M | $258K | 10x | as long as short |
| Aster BUSDT | +0.1375% | 4h | 0.2045 | −0.049% | $1.9M | $213K | 5x | as long as short |
KuCoin BUSDTM
Bybit BUSDT
MEXC B_USDT
Binance BUSDT
Extended B-USD
BingX B-USDT
Bitget BUSDT
Aster BUSDT