Funding you earn now, next payment 00:00 UTC−0.0019%/8h= −2.0% APRnext payment −$0.09 per $10,000 · paid last 24h +0.001%
Price spread now: Bitget against edgeX−0.056%74s7-day average +0.064% · you buy dearer than you sell
Net, funding: paid 7d − costs−$59as 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−$750.753% of the position
Funding, last 7 days+0.166%+$17 on $10k
+Price spread, last 3 days (all we have)−0.061%−$6 · spread now −0.056%, 7d avg +0.064%
=Together, before fees+0.105%+ Points / potential airdropedgeX: Active · farm board+$11 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 Bitget is 0.120% cheaper against edgeX than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.064%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.166%, so the current rate has only just turned against you. The two prices were read 74 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 | edgeX ESPUSDC | 0.09381 | 0.0119 | pay 0.0059% / 4h | 1h 34m | $29K | $269K | 10x |
| Short | Bitget ESPUSDT | 0.09376 | 0.0100 | get 0.0050% / 4h | 1h 34m | $955K | $123K | 20x |
edgeX ESPUSDC
Bitget ESPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$3.93
- Price spread: −0.056% → +0.064%
- −$12.01
- Slippage, 4 orders
- −$54.27
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$91.21
- Costs to cover
- 0.753%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 48 min ago; Bitget: live order book, 47 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, 48 min ago | 3.19 bp | 10.9 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 47 min ago | 14.31 bp | 28.0 bp −$28 | 101.3 bp −$1,013 | 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 | 0.09370 | −0.110% | $4K | $24K | 5x | as long as short |
| Binance ESPUSDT | +0.0100% | 4h | 0.09371 | −0.104% | $2.4M | $4.2M | 25x | as long as short |
| OKX ESP-USDT-SWAP | +0.0100% | 4h | 0.09366 | −0.157% | $591K | $1.3M | 20x | as long as short |
| Gate ESP_USDT | +0.0100% | 8h | 0.09375 | −0.061% | $169K | $608K | 50x | as long as short |
| MEXC ESP_USDT | +0.0100% | 4h | 0.09369 | −0.125% | $1.2M | $104K | 20x | as long as short |
| KuCoin ESPUSDTM | +0.0100% | 4h | 0.09374 | −0.072% | $1.5M | $52K | 25x | as long as short |
| Bitget ESPUSDTshort | +0.0100% | 4h | 0.09376 | −0.056% | $955K | $123K | 20x | |
| edgeX ESPUSDClong | +0.0119% | 4h | 0.09381 | long leg | $29K | $269K | 10x | |
| BloFin ESP-USDT | +0.0134% | 4h | 0.09379 | −0.019% | $121K | $35K | 25x | as long as short |
| BingX ESP-USDT | +0.3830% | 4h | 0.09363 | −0.189% | — | $1.7M | — | as long as short |
Aster ESPUSDT
Binance ESPUSDT
OKX ESP-USDT-SWAP
Gate ESP_USDT
MEXC ESP_USDT
KuCoin ESPUSDTM
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 | +0.3996% | 4h | 0.09345 | −0.381% | $1.1M | $586K | 50x | as long as short |
Bybit ESPUSDT