Funding you earn now, next payment 12:00 UTC−0.0745%/8h= −81.5% APRpaid last 24h −0.237%
Price spread now: Bitget against edgeX+0.008%7-day average +0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$104as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$440.441% of the position
Funding, last 7 days−0.602%−$60 on $10k
+Price spread, last 4 days (all we have)−0.081%−$8 · spread now +0.008%, 7d avg +0.026%
=Together, before fees−0.683%+ Points / potential airdropedgeX: Active · farm board−$68 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.026%, so right now this pair is about funding alone: −$22 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX COINUSDC | 198.63 | 0.0745 | pay 0.0372% / 4h | 1h 46m | $51K | $294K | 10x |
| Short | Bitget COINUSDT | 198.65 | 0 | get 0.0000% / 8h | 5h 46m | $6.4M | $9.5M | 20x |
edgeX COINUSDC
Bitget COINUSDTFunding 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
- −$156.39
- Price spread: +0.008% → +0.026%
- −$1.78
- Slippage, 4 orders
- −$23.07
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$202.24
- Costs to cover
- 0.441%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 64 min ago; Bitget: live order book, 5 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, 64 min ago | 5.31 bp | 10.4 bp −$10 | 16.3 bp −$163 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 2.01 bp | 12.7 bp −$13 | 22.9 bp −$229 | 102.2 bp −$10.2K | doesn't fit |
COIN on 26 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Injective COIN/USDC PERP | −0.0440% | 1h | 198.16 | −0.238% | $17K | $224K | 30x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 198.52 | −0.059% | $346K | $868K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 198.50 | −0.069% | $106K | $854K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 198.55 | −0.042% | $14.6M | $75.7M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 198.53 | −0.052% | $4.7M | $5.5M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 198.56 | −0.037% | $3.1M | $4.4M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 198.63 | −0.002% | $1.2M | $6.4M | 50x | as long as short |
| Bitget COINUSDTshort | 0.0000% | 8h | 198.65 | +0.008% | $6.4M | $9.5M | 20x | |
| Variational Omni COIN | 0.0000% | 8h | 198.75 | +0.061% | $770K | $920K | — | as long as short |
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 198.78 | +0.074% | $13K | $3.2M | 10x | as long as short |
Injective COIN/USDC PERP
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Gate COIN_USDT
Variational Omni COIN
GRVT COIN_USDT_PerpShow all 26 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX COIN-USD | +0.0032% | 1h | 198.44 | −0.097% | $1.3M | $2.5M | 10x | as long as short |
| Lighter COIN | +0.0032% | 1h | 198.35 | −0.144% | $345K | $1.9M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 198.36 | −0.138% | $481K | $1.1M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 198.96 | +0.164% | $20K | $31K | 5x | as long as short |
| Vest COIN-USD-PERP | +0.0046% | 1h | 198.52 | −0.057% | — | $275K | 25x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 198.29 | −0.173% | $14.8M | $11.6M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 198.39 | −0.123% | $136K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 198.57 | −0.032% | $93 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 198.48 | −0.077% | $331K | $2.1M | 10x | as long as short |
| Phoenix COIN | +0.0081% | 1h | 198.63 | −0.002% | $5K | $256K | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 198.56 | −0.037% | $936K | $247K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 198.66 | +0.013% | $89K | $272K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 198.59 | −0.022% | $574 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 198.52 | −0.055% | $117 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 198.55 | −0.042% | $194K | $481K | 20x | as long as short |
| edgeX COINUSDClong | +0.0745% | 4h | 198.63 | long leg | $51K | $294K | 10x |
QFEX COIN-USD
Lighter COIN
Lighter RH COIN
Arcus COIN-USD
Vest COIN-USD-PERP
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
SoDEX COIN-USD
Ondo Perps COIN-USD.P
Phoenix COIN
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
BloFin COIN-USDT