B

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0001%/8h= −0.1% APRnext payment −$0.00 per $10,000 · paid last 24h +0.002%

Price spread now: edgeX against Binance+0.055%90s7-day average +0.025% · you sell dearer than you buy

Net, funding: paid 7d − costs−$141as 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−$1411.408% of the position

Long on Binance Short on edgeX

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)−0.030%−$3 · spread now +0.055%, 7d avg +0.025%

Together, before fees−0.029%+ Points / potential airdropedgeX: Active · farm board−$3 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 0.030% dearer against Binance than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.025%. The two prices were read 90 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	Binance BUSDT	0.2046	0.0646	pay 0.0323% / 4h	2h 20m	$11.8M	$2.0M	20x
Short	edgeX BUSDC	0.2047	0.0645	get 0.0323% / 4h	2h 20m	$3K	$389K	5x

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

Position, each leg$Hold fordaysFee BinancebpFee edgeXbpOrdersPrice spread, now +0.055%Rate

Funding earned: −$0.15
Price spread: +0.055% → +0.025%: $3.03
Slippage, 4 orders: −$121.82
Fee Binance: 5 bp × 2 orders: −$10
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$137.95
Costs to cover: 1.408%
Break-even: never at this rate

Slippage from Binance: live order book, 5 min ago; edgeX: live order book, 48 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 Binance live order book, 5 min ago	2.44 bp	29.4 bp −$29	521.3 bp −$5,213	10851.4 bp −$1.09M	doesn't fit
Sell edgeX live order book, 48 min ago	9.71 bp	40.2 bp −$40	doesn't fit	doesn't fit	doesn't fit

B on 10 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
Gate B_USDT	+0.0100%	4h	0.2044	−0.098%	$3.5M	$633K	20x	as long as short
KuCoin BUSDTM	+0.0466%	4h	0.2046	0.000%	$1.9M	$72K	10x	as long as short
Bybit BUSDT	+0.0557%	4h	0.2045	−0.049%	$1.7M	$935K	13x	as long as short
edgeX BUSDCshort	+0.0645%	4h	0.2047	+0.055%	$3K	$389K	5x
Binance BUSDTlong	+0.0646%	4h	0.2046	long leg	$11.8M	$2.0M	20x
Extended B-USD	+0.0648%	1h	0.2045	−0.035%	$18K	$218K	5x	as long as short
MEXC B_USDT	+0.0648%	4h	0.2045	−0.049%	$1.0M	$363K	100x	as long as short
BingX B-USDT	+0.0864%	4h	0.2046	0.000%	—	$1.3M	—	as long as short
Bitget BUSDT	+0.0874%	4h	0.2042	−0.196%	$2.8M	$257K	10x	as long as short
Aster BUSDT	+0.1377%	4h	0.2049	+0.127%	$1.9M	$212K	5x	as long as short