Funding you earn now, next payment 12:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.05 per $10,000 · paid last 24h +0.001%
Price spread now: edgeX against Bitget+0.050%7-day average −0.064% · you sell dearer than you buy
Net, funding: paid 7d − costs−$103as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$870.868% of the position
Funding, last 7 days−0.166%−$17 on $10k
+Price spread, last 4 days (all we have)+0.612%+$61 · spread now +0.050%, 7d avg −0.064%
=Together, before fees+0.446%+ Points / potential airdropedgeX: Active · farm board+$45 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 0.114% dearer against Bitget than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.064%. Mind the row above: over the last 7 days funding on this pair cost −0.166%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ESPUSDT | 0.09556 | 0.0100 | pay 0.0050% / 4h | 3h 55m | $974K | $140K | 20x |
| Short | edgeX ESPUSDC | 0.09561 | 0.0110 | get 0.0055% / 4h | 3h 55m | $29K | $266K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Bitget. 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
- $2.09
- Price spread: +0.050% → −0.064%
- $11.41
- Slippage, 4 orders
- −$65.85
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$73.35
- Costs to cover
- 0.868%
- Break-even
- 253.0 days
Slippage from Bitget: live order book, 41 min ago; edgeX: live order book, 42 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 Bitget live order book, 41 min ago | 14.78 bp | 33.1 bp −$33 | 96.7 bp −$967 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 42 min ago | 3.16 bp | 11.5 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 | 0.09556 | −0.001% | $8K | $18K | 5x | as long as short |
| Binance ESPUSDT | +0.0100% | 4h | 0.09556 | −0.001% | $2.4M | $4.1M | 25x | as long as short |
| OKX ESP-USDT-SWAP | +0.0100% | 4h | 0.09570 | +0.147% | $606K | $1.1M | 20x | as long as short |
| MEXC ESP_USDT | +0.0100% | 4h | 0.09551 | −0.052% | $1.3M | $129K | 20x | as long as short |
| KuCoin ESPUSDTM | +0.0100% | 4h | 0.09563 | +0.073% | $1.5M | $39K | 25x | as long as short |
| Bitget ESPUSDTlong | +0.0100% | 4h | 0.09556 | long leg | $974K | $140K | 20x | |
| edgeX ESPUSDCshort | +0.0110% | 4h | 0.09561 | +0.050% | $29K | $266K | 10x | |
| BloFin ESP-USDT | +0.0122% | 4h | 0.09548 | −0.084% | $96K | $35K | 25x | as long as short |
| Gate ESP_USDT | +0.0250% | 8h | 0.09561 | +0.052% | $194K | $596K | 50x | as long as short |
| Bybit ESPUSDT | +0.4785% | 4h | 0.09546 | −0.105% | $1.1M | $674K | 50x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ESP-USDT | +0.6600% | 4h | 0.09557 | +0.010% | — | $1.7M | — | as long as short |
Bitget ESPUSDT
edgeX ESPUSDC
Aster ESPUSDT
Binance ESPUSDT
OKX ESP-USDT-SWAP
MEXC ESP_USDT
KuCoin ESPUSDTM
BloFin ESP-USDT
Gate ESP_USDT
Bybit ESPUSDT
BingX ESP-USDT