Funding you earn now, next payment 04:00 UTC+0.0362%/8h= +39.7% APRpaid last 24h +0.216%
Price spread now: edgeX against OKX+0.426%111s7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs+$17as 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−$450.449% of the position
Funding, last 7 days+0.623%+$62 on $10k
+Price spread, last 4 days (all we have)−0.350%−$35 · spread now +0.426%, 7d avg −0.007%
=Together, before fees+0.274%+ Points / potential airdropedgeX: Active · farm board+$27 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and edgeX is 0.433% dearer against OKX than usual: you sell high and buy low: +$43 more if the spread goes back to its 7-day average of −0.007%. The two prices were read 111 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX COIN-USDT-SWAP | 197.67 | 0 | get 0.0000% / 8h | 6h 37m | $3.1M | $4.5M | 20x |
| Short | edgeX COINUSDC | 198.51 | 0.0362 | get 0.0181% / 4h | 2h 37m | $51K | $293K | 10x |
OKX COIN-USDT-SWAP
edgeX COINUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against OKX. 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
- $76.09
- Price spread: +0.426% → −0.007%
- $43.34
- Slippage, 4 orders
- −$25.9
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $74.53
- Costs to cover
- 0.449%
- Break-even
- 0.1 days
Slippage from OKX: live order book, 5 min ago; edgeX: live order book, 30 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 OKX live order book, 5 min ago | 0.25 bp | 11.0 bp −$11 | 22.5 bp −$225 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 30 min ago | 5.72 bp | 10.6 bp −$11 | 16.0 bp −$160 | 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 | −0.268% | $43K | $48K | 30x | as long as short |
| Bitget COINUSDT | −0.0144% | 8h | 197.57 | −0.051% | $6.5M | $10.3M | 20x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 197.47 | −0.100% | $361K | $851K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 197.26 | −0.206% | $117K | $699K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 197.50 | −0.087% | $14.9M | $78.1M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 197.60 | −0.035% | $4.9M | $6.0M | 50x | as long as short |
| OKX COIN-USDT-SWAPlong | 0.0000% | 8h | 197.67 | long leg | $3.1M | $4.5M | 20x | |
| Gate COIN_USDT | 0.0000% | 8h | 197.30 | −0.187% | $1.3M | $6.9M | 50x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 197.93 | +0.134% | $820K | $1.0M | — | as long as short |
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 198.00 | +0.167% | $14K | $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 | +0.0006% | 1h | 197.02 | −0.329% | — | $289K | 25x | as long as short |
| QFEX COIN-USD | +0.0028% | 1h | 197.53 | −0.071% | $1.3M | $3.7M | 10x | as long as short |
| Lighter COIN | +0.0032% | 1h | 197.36 | −0.156% | $388K | $2.0M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 197.34 | −0.167% | $428K | $1.5M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 197.79 | +0.061% | $16K | $53K | 5x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 197.46 | −0.106% | $15.9M | $13.4M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 197.49 | −0.091% | $127K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 197.23 | −0.223% | $93 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 197.01 | −0.334% | $349K | $3.2M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 197.46 | −0.106% | $981K | $138K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 198.23 | +0.283% | $89K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 197.35 | −0.162% | $571 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 197.21 | −0.235% | $116 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 199.02 | +0.683% | $198K | $377K | 20x | as long as short |
| Phoenix COIN | +0.0160% | 1h | 198.09 | +0.212% | $5K | $251K | 10x | as long as short |
| edgeX COINUSDCshort | +0.0362% | 4h | 198.51 | +0.426% | $51K | $293K | 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