Funding you earn now, next payment 04:00 UTC−0.0344%/8h= −37.7% APRpaid last 24h −0.216%
Price spread now: OKX against edgeX+0.252%7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$107as in the Funding arb table
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$450.449% of the position
Funding, last 7 days−0.623%−$62 on $10k
+Price spread, last 4 days (all we have)−0.329%−$33 · spread now +0.252%, 7d avg +0.007%
=Together, before fees−0.952%+ Points / potential airdropedgeX: Active · farm board−$95 on $10k · with fees, hour by hour
The price spread pays, funding is against you. OKX is 0.245% dearer against edgeX than usual: you sell high and buy low (spread +0.252% now, against its 7-day average of +0.007%): +$24 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 2.4 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX COINUSDC | 197.30 | 0.0344 | pay 0.0172% / 4h | 2h 37m | $51K | $294K | 10x |
| Short | OKX COIN-USDT-SWAP | 197.80 | 0 | get 0.0000% / 8h | 6h 37m | $3.1M | $4.5M | 20x |
edgeX COINUSDC
OKX COIN-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
- −$72.31
- Price spread: +0.252% → +0.007%
- $24.5
- Slippage, 4 orders
- −$25.9
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$92.71
- Costs to cover
- 0.449%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 31 min ago; OKX: 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, 31 min ago | 5.72 bp | 10.6 bp −$11 | 16.4 bp −$164 | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 0.25 bp | 12.6 bp −$13 | 29.6 bp −$296 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective COIN/USDC PERP | −0.0440% | 1h | 197.14 | −0.083% | $43K | $48K | 30x | as long as short |
| Bitget COINUSDT | −0.0182% | 8h | 197.72 | +0.211% | $6.5M | $10.3M | 20x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 197.80 | +0.254% | $362K | $851K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 197.50 | +0.101% | $117K | $699K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 197.63 | +0.165% | $14.9M | $78.2M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 197.60 | +0.150% | $4.9M | $6.0M | 50x | as long as short |
| OKX COIN-USDT-SWAPshort | 0.0000% | 8h | 197.80 | +0.252% | $3.1M | $4.5M | 20x | |
| Gate COIN_USDT | 0.0000% | 8h | 197.68 | +0.191% | $1.3M | $6.9M | 50x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 197.93 | +0.320% | $820K | $1.0M | — | as long as short |
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 197.51 | +0.105% | $17K | $2.0M | 10x | as long as short |
Injective COIN/USDC PERP
Bitget COINUSDT
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
Gate COIN_USDT
Variational Omni COIN
GRVT COIN_USDT_PerpShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest COIN-USD-PERP | +0.0003% | 1h | 197.11 | −0.098% | — | $289K | 25x | as long as short |
| QFEX COIN-USD | +0.0028% | 1h | 197.62 | +0.161% | $1.3M | $3.7M | 10x | as long as short |
| Lighter COIN | +0.0032% | 1h | 197.36 | +0.030% | $388K | $2.0M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 197.34 | +0.019% | $428K | $1.5M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 197.69 | +0.196% | $16K | $53K | 5x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 197.65 | +0.176% | $15.9M | $13.4M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 197.61 | +0.156% | $127K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 197.23 | −0.037% | $93 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 197.16 | −0.073% | $349K | $3.2M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 197.64 | +0.171% | $982K | $138K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 197.35 | +0.024% | $89K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 197.61 | +0.156% | $571 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 197.50 | +0.101% | $117 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 199.02 | +0.870% | $198K | $377K | 20x | as long as short |
| Phoenix COIN | +0.0160% | 1h | 198.09 | +0.399% | $5K | $251K | 10x | as long as short |
| edgeX COINUSDClong | +0.0344% | 4h | 197.30 | long leg | $51K | $294K | 10x |
Vest COIN-USD-PERP
QFEX COIN-USD
Lighter COIN
Lighter RH COIN
Arcus COIN-USD
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
SoDEX COIN-USD
Ondo Perps COIN-USD.P
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
BloFin COIN-USDT
Phoenix COIN