Funding you earn now, next payment 00:00 UTC+0.0016%/8h= +1.7% APRnext payment +$0.08 per $10,000 · paid last 24h −0.001%
Price spread now: edgeX against Binance+0.065%50s7-day average −0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$63as 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−$620.618% of the position
Funding, last 7 days−0.016%−$2 on $10k
+Price spread, last 3 days (all we have)+0.176%+$18 · spread now +0.065%, 7d avg −0.030%
=Together, before fees+0.160%+ Points / potential airdropedgeX: Active · farm board+$16 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and edgeX is 0.096% dearer against Binance than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.030%. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ESPUSDT | 0.09382 | 0.0100 | pay 0.0050% / 4h | 2h 10m | $2.4M | $4.2M | 25x |
| Short | edgeX ESPUSDC | 0.09389 | 0.0116 | get 0.0058% / 4h | 2h 10m | $29K | $270K | 10x |
Binance ESPUSDT
edgeX ESPUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Binance. 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
- $3.27
- Price spread: +0.065% → −0.030%
- $9.55
- Slippage, 4 orders
- −$42.8
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$48.98
- Costs to cover
- 0.618%
- Break-even
- 111.9 days
Slippage from Binance: live order book, 11 min ago; edgeX: live order book, 12 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 Binance live order book, 11 min ago | 0.53 bp | 20.1 bp −$20 | 71.2 bp −$712 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 12 min ago | 3.19 bp | 10.9 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
ESP 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster ESPUSDT | +0.0100% | 4h | 0.09385 | +0.023% | $4K | $24K | 5x | as long as short |
| Binance ESPUSDTlong | +0.0100% | 4h | 0.09382 | long leg | $2.4M | $4.2M | 25x | |
| OKX ESP-USDT-SWAP | +0.0100% | 4h | 0.09393 | +0.113% | $594K | $1.3M | 20x | as long as short |
| Gate ESP_USDT | +0.0100% | 8h | 0.09385 | +0.028% | $169K | $614K | 50x | as long as short |
| MEXC ESP_USDT | +0.0100% | 4h | 0.09382 | −0.004% | $1.2M | $106K | 20x | as long as short |
| KuCoin ESPUSDTM | +0.0100% | 4h | 0.09407 | +0.262% | $1.5M | $52K | 25x | as long as short |
| Bitget ESPUSDT | +0.0100% | 4h | 0.09389 | +0.071% | $957K | $123K | 20x | as long as short |
| edgeX ESPUSDCshort | +0.0116% | 4h | 0.09389 | +0.065% | $29K | $270K | 10x | |
| BloFin ESP-USDT | +0.0137% | 4h | 0.09387 | +0.049% | $120K | $35K | 25x | as long as short |
| BingX ESP-USDT | +0.4160% | 4h | 0.09380 | −0.025% | — | $1.7M | — | as long as short |
Aster ESPUSDT
OKX ESP-USDT-SWAP
Gate ESP_USDT
MEXC ESP_USDT
KuCoin ESPUSDTM
Bitget ESPUSDT
BloFin ESP-USDT
BingX ESP-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ESPUSDT | +0.4535% | 4h | 0.09365 | −0.185% | $1.1M | $583K | 50x | as long as short |
Bybit ESPUSDT