Funding you earn now, next payment 00:00 UTC−0.0012%/8h= −1.4% APRnext payment −$0.06 per $10,000 · paid last 24h +0.001%
Price spread now: OKX against edgeX+0.001%7-day average +0.068% · you sell dearer than you buy
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$90as in the Price arb table
costs, in and out, $10k−$830.835% of the position
Funding, last 7 days−0.009%−$1 on $10k
+Price spread, last 3 days (all we have)−0.171%−$17 · spread now +0.001%, 7d avg +0.068%
=Together, before fees−0.180%+ Points / potential airdropedgeX: Active · farm board−$18 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and OKX is 0.067% cheaper against edgeX than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.068%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX ESPUSDC | 0.09373 | 0.0112 | pay 0.0056% / 4h | 2h 01m | $29K | $270K | 10x |
| Short | OKX ESP-USDT-SWAP | 0.09373 | 0.0100 | get 0.0050% / 4h | 2h 01m | $593K | $1.3M | 20x |
edgeX ESPUSDC
OKX ESP-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$2.61
- Price spread: +0.001% → +0.068%
- −$6.66
- Slippage, 4 orders
- −$64.46
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$92.72
- Costs to cover
- 0.835%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 22 min ago; OKX: live order book, just now.
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, 22 min ago | 3.19 bp | 10.9 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, just now | 0.53 bp | 28.9 bp −$29 | 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 | 0.09369 | −0.039% | $4K | $24K | 5x | as long as short |
| Binance ESPUSDT | +0.0100% | 4h | 0.09373 | +0.001% | $2.4M | $4.2M | 25x | as long as short |
| OKX ESP-USDT-SWAPshort | +0.0100% | 4h | 0.09373 | +0.001% | $593K | $1.3M | 20x | |
| Gate ESP_USDT | +0.0100% | 8h | 0.09372 | −0.009% | $169K | $615K | 50x | as long as short |
| MEXC ESP_USDT | +0.0100% | 4h | 0.09371 | −0.020% | $1.2M | $107K | 20x | as long as short |
| KuCoin ESPUSDTM | +0.0100% | 4h | 0.09384 | +0.119% | $1.5M | $52K | 25x | as long as short |
| Bitget ESPUSDT | +0.0100% | 4h | 0.09376 | +0.031% | $955K | $123K | 20x | as long as short |
| edgeX ESPUSDClong | +0.0112% | 4h | 0.09373 | long leg | $29K | $270K | 10x | |
| BloFin ESP-USDT | +0.0147% | 4h | 0.09373 | +0.001% | $120K | $35K | 25x | as long as short |
| Bybit ESPUSDT | +0.4085% | 4h | 0.09358 | −0.159% | $1.1M | $583K | 50x | as long as short |
Aster ESPUSDT
Binance ESPUSDT
Gate ESP_USDT
MEXC ESP_USDT
KuCoin ESPUSDTM
Bitget ESPUSDT
BloFin ESP-USDT
Bybit ESPUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ESP-USDT | +0.4118% | 4h | 0.09366 | −0.074% | — | $1.7M | — | as long as short |
BingX ESP-USDT