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

ON

all ON markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0006%/8h= −0.7% APRnext payment $0.03 per $10,000 · paid last 24h +0.001%
Price spread now: edgeX against Binance+0.145%50s7-day average −0.021% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.001%$0 on $10k
Price spread, last 4 days (all we have)−0.561%−$56 · spread now +0.145%, 7d avg −0.021%
Together, before fees−0.562%+ Points / potential airdropedgeX: Active · farm board−$56 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: edgeX is 0.166% dearer against Binance than usual: you sell high and buy low, +$17 on $10k if it goes back to its 7-day average of −0.021%. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ONUSDT0.13590.0100pay 0.0050% / 4h20m 43s$6.0M$3.8M50x
ShortedgeX ONUSDC0.13610.0094get 0.0047% / 4h20m 43s$7K$132K10x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$1.33
Price spread: +0.145% → −0.021%
$16.58
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$3.74
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 3 min ago; edgeX: live order book, 36 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 3 min ago3.67 bp36.3 bp −$36250.5 bp −$2,505doesn't fitdoesn't fit
Sell edgeX live order book, 36 min ago9.20 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

ON on 8 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX ONUSDCshort+0.0094%4h0.1361+0.145%$7K$132K10x
Binance ONUSDTlong+0.0100%4h0.1359long leg$6.0M$3.8M50x
Gate ON_USDT+0.0100%4h0.1356−0.243%$302K$29K5xas long as short
MEXC ON_USDT+0.0100%4h0.1360+0.074%$1.1M$396K50xas long as short
KuCoin ONUSDTM+0.0100%4h0.1358−0.096%$749K$51K50xas long as short
BingX ON-USDT+0.0100%4h0.1360+0.074%$6.6Mas long as short
Variational Omni ON+0.0100%4h0.1360+0.092%$24K$6Kas long as short
Aster ONUSDT+0.0979%4h0.1361+0.182%$444K$30K5xas long as short