Funding you earn now, next payment 08:00 UTC+0.1590%/8h= +174.1% APRpaid last 24h +0.172%
Price spread now: edgeX against Bitget−0.086%84s7-day average −0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs+$19as 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−$430.430% of the position
Funding, last 7 days+0.616%+$62 on $10k
+Price spread, last 4 days (all we have)+0.158%+$16 · spread now −0.086%, 7d avg −0.023%
=Together, before fees+0.774%+ Points / potential airdropedgeX: Active · farm board+$77 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.063% cheaper against Bitget than usual: you would sell low and buy high (spread −0.086% now, against its 7-day average of −0.023%). If the spread goes back, that is −$6 on $10k: about 3 hours of funding at the current rate (+$48 a day). At the pace of the last 7 days (+0.616% in total) that is about 17 hours. The two prices were read 84 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.616% in total (about 32.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget COINUSDT | 196.78 | −0.0726 | get 0.0726% / 8h | 3h 16m | $6.2M | $10.5M | 20x |
| Short | edgeX COINUSDC | 196.61 | 0.0864 | get 0.0432% / 4h | 3h 16m | $51K | $295K | 10x |
Bitget COINUSDT
edgeX COINUSDCFunding 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
- $333.98
- Price spread: −0.086% → −0.023%
- −$6.32
- Slippage, 4 orders
- −$21.97
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $284.69
- Costs to cover
- 0.430%
- Break-even
- 1.0 days
Slippage from Bitget: live order book, 2 min ago; edgeX: live order book, 37 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, 2 min ago | 2.03 bp | 10.1 bp −$10 | 16.7 bp −$167 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 37 min ago | 5.82 bp | 10.8 bp −$11 | 16.6 bp −$166 | doesn't fit | doesn't fit |
COIN on 26 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget COINUSDTlong | −0.0726% | 8h | 196.78 | long leg | $6.2M | $10.5M | 20x | |
| Injective COIN/USDC PERP | −0.0440% | 1h | 196.76 | −0.010% | $43K | $48K | 30x | as long as short |
| Gate COIN_USDT | −0.0224% | 8h | 196.67 | −0.056% | $1.2M | $7.3M | 50x | as long as short |
| Vest COIN-USD-PERP | −0.0108% | 1h | 196.15 | −0.320% | — | $262K | 25x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 196.63 | −0.076% | $343K | $890K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 196.61 | −0.085% | $116K | $705K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 196.67 | −0.056% | $14.7M | $80.4M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 196.63 | −0.076% | $4.8M | $6.1M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 196.63 | −0.076% | $3.0M | $4.7M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 196.75 | −0.015% | $683K | $939K | — | as long as short |
Injective COIN/USDC PERP
Gate COIN_USDT
Vest COIN-USD-PERP
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Variational Omni COINShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 196.74 | −0.019% | $12K | $2.4M | 10x | as long as short |
| QFEX COIN-USD | +0.0020% | 1h | 196.69 | −0.046% | $1.3M | $3.2M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 196.60 | −0.091% | $455K | $1.5M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 196.79 | +0.005% | $15K | $55K | 5x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 196.55 | −0.117% | $15.3M | $13.7M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 196.54 | −0.122% | $133K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 196.62 | −0.081% | $91 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 196.48 | −0.152% | $350K | $2.7M | 10x | as long as short |
| Lighter COIN | +0.0064% | 1h | 196.63 | −0.077% | $385K | $2.1M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 196.63 | −0.076% | $991K | $143K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 196.63 | −0.076% | $88K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 196.63 | −0.076% | $569 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 196.61 | −0.087% | $116 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 196.86 | +0.041% | $188K | $394K | 20x | as long as short |
| Phoenix COIN | +0.0122% | 1h | 196.78 | 0.000% | $4K | $283K | 10x | as long as short |
| edgeX COINUSDCshort | +0.0864% | 4h | 196.61 | −0.086% | $51K | $295K | 10x |
GRVT COIN_USDT_Perp
QFEX COIN-USD
Lighter RH COIN
Arcus COIN-USD
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
SoDEX COIN-USD
Ondo Perps COIN-USD.P
Lighter COIN
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
BloFin COIN-USDT
Phoenix COIN