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

ESP

all ESP markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0020%/8h= −2.2% APRnext payment $0.10 per $10,000 · paid last 24h +0.002%
Price spread now: BloFin against edgeX−0.211%7-day average +0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$590.590% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.035%+$4 on $10k
Price spread, last 4 days (all we have)+0.605%+$61 · spread now −0.211%, 7d avg +0.041%
Together, before fees+0.640%+ Points / potential airdropedgeX: Active · farm board+$64 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 BloFin is 0.252% cheaper against edgeX than usual: you would sell low and buy high (−$25 if the spread goes back to its 7-day average of +0.041%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX ESPUSDC0.094290.0109pay 0.0054% / 4h1h 56m$29K$269K10x
ShortBloFin ESP-USDT0.094090.0089get 0.0044% / 4h1h 56m$125K$36K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against edgeX. 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
−$4.15
Price spread: −0.211% → +0.041%
−$25.19
Slippage, 4 orders
−$37.97
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$88.32
Costs to cover
0.590%
Break-even
never at this rate
Slippage from edgeX: live order book, 54 min ago; BloFin: live order book, 47 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy edgeX live order book, 54 min ago2.64 bp11.9 bp −$12doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 47 min ago0.53 bp17.2 bp −$1747.6 bp −$476doesn't fitdoesn't fit

ESP on 11 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin ESP-USDTshort+0.0089%4h0.09409−0.211%$125K$36K25x
Aster ESPUSDT+0.0100%4h0.09408−0.221%$8K$17K5xas long as short
Binance ESPUSDT+0.0100%4h0.09407−0.231%$2.4M$4.0M25xas long as short
Bybit ESPUSDT+0.0100%4h0.09401−0.295%$1.1M$677K50xas long as short
OKX ESP-USDT-SWAP+0.0100%4h0.09410−0.200%$600K$1.0M20xas long as short
Gate ESP_USDT+0.0100%8h0.09405−0.253%$189K$597K50xas long as short
MEXC ESP_USDT+0.0100%4h0.09408−0.221%$1.2M$129K20xas long as short
KuCoin ESPUSDTM+0.0100%4h0.09404−0.264%$1.5M$34K25xas long as short
Bitget ESPUSDT+0.0100%4h0.09406−0.240%$947K$151K20xas long as short
BingX ESP-USDT+0.0100%4h0.09405−0.253%$1.7Mas long as short
Show all 11 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX ESPUSDClong+0.0109%4h0.09429long leg$29K$269K10x