Funding you earn now, next payment 20:00 UTC+0.0424%/8hpaid last 24h +0.124%
Price spread now: edgeX against Bybit+0.311%101s7-day average −0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs+$9as 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−$460.464% of the position
Funding, last 7 days+0.558%+$56 on $10k
+Price spread, last 3 days (all we have)−0.219%−$22 · spread now +0.311%, 7d avg −0.021%
=Together, before fees+0.340%+ Points / potential airdropedgeX: Active · farm board+$34 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and edgeX is 0.332% dearer against Bybit than usual: you sell high and buy low: +$33 more if the spread goes back to its 7-day average of −0.021%. The two prices were read 101 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 | Bybit COINUSDT | 201.93 | 0 | get 0.0000% / 8h | 4h 21m | $5.0M | $5.8M | 50x |
| Short | edgeX COINUSDC | 202.56 | 0.0424 | get 0.0212% / 4h | 21m 49s | $52K | $291K | 10x |
Bybit COINUSDT
edgeX COINUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Bybit. 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
- $88.97
- Price spread: +0.311% → −0.021%
- $33.21
- Slippage, 4 orders
- −$26.43
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $75.75
- Costs to cover
- 0.464%
- Break-even
- 1.0 days
Slippage from Bybit: live order book, just now; edgeX: live order book, 10 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 Bybit live order book, just now | 1.24 bp | 11.7 bp −$12 | 26.0 bp −$260 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 10 min ago | 5.94 bp | 10.8 bp −$11 | 16.4 bp −$164 | 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 | 202.52 | +0.292% | $40K | $48K | 30x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 202.01 | +0.040% | $371K | $832K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 201.98 | +0.027% | $100K | $428K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 201.85 | −0.040% | $15.7M | $75.1M | 20x | as long as short |
| Bybit COINUSDTlong | 0.0000% | 8h | 201.93 | long leg | $5.0M | $5.8M | 50x | |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 201.90 | −0.015% | $3.3M | $4.6M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 202.00 | +0.035% | $1.3M | $6.7M | 50x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 202.32 | +0.193% | $791K | $1.0M | — | as long as short |
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 202.64 | +0.354% | $18K | $1.7M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 201.91 | −0.010% | $444K | $2.0M | 10x | as long as short |
Injective COIN/USDC PERP
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
OKX COIN-USDT-SWAP
Gate COIN_USDT
Variational Omni COIN
GRVT COIN_USDT_Perp
Lighter RH COINShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus COIN-USD | +0.0040% | 1h | 202.13 | +0.099% | $19K | $42K | 5x | as long as short |
| Vest COIN-USD-PERP | +0.0046% | 1h | 201.93 | 0.000% | — | $493K | 25x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 201.93 | 0.000% | $132K | $1.1M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 202.00 | +0.035% | $94 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 202.31 | +0.188% | $373K | $3.2M | 10x | as long as short |
| QFEX COIN-USD | +0.0055% | 1h | 202.11 | +0.089% | $1.4M | $3.6M | 10x | as long as short |
| Lighter COIN | +0.0096% | 1h | 201.92 | −0.005% | $377K | $2.2M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 202.06 | +0.064% | $1.0M | $146K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 202.59 | +0.327% | $91K | $630K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 202.03 | +0.050% | $584 | $5K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 202.03 | +0.047% | $119 | — | 10x | as long as short |
| Bitget COINUSDT | +0.0111% | 8h | 201.93 | 0.000% | $6.8M | $9.5M | 20x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 202.16 | +0.114% | $157K | $333K | 20x | as long as short |
| tradeXYZ xyz:COIN | +0.0181% | 1h | 201.92 | −0.005% | $16.5M | $13.5M | 10x | as long as short |
| Phoenix COIN | +0.0198% | 1h | 202.66 | +0.362% | $2K | $255K | 10x | as long as short |
| edgeX COINUSDCshort | +0.0424% | 4h | 202.56 | +0.311% | $52K | $291K | 10x |
Arcus COIN-USD
Vest COIN-USD-PERP
Polymarket Perps COIN-USD
SoDEX COIN-USD
Ondo Perps COIN-USD.P
QFEX COIN-USD
Lighter COIN
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
Bitget COINUSDT
BloFin COIN-USDT
tradeXYZ xyz:COIN
Phoenix COIN