Funding you earn now, next payment 12:00 UTC−0.0105%/8h= −11.5% APRpaid last 24h −0.169%
Price spread now: BloFin against edgeX−0.031%7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$380.375% of the position
Funding, last 7 days−0.374%−$37 on $10k
+Price spread, last 4 days (all we have)−0.136%−$14 · spread now −0.031%, 7d avg −0.003%
=Together, before fees−0.510%+ Points / potential airdropedgeX: Active · farm board−$51 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and BloFin is 0.029% cheaper against edgeX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.003%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX COINUSDC | 198.04 | 0.0225 | pay 0.0113% / 4h | 2h 16m | $51K | $294K | 10x |
| Short | BloFin COIN-USDT | 197.98 | 0.0120 | get 0.0120% / 8h | 6h 16m | $192K | $490K | 20x |
edgeX COINUSDC
BloFin COIN-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$22.14
- Price spread: −0.031% → −0.003%
- −$2.87
- Slippage, 4 orders
- −$16.52
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$62.53
- Costs to cover
- 0.375%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 34 min ago; BloFin: live order book, 32 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, 34 min ago | 5.31 bp | 10.4 bp −$10 | 16.3 bp −$163 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 32 min ago | 0.25 bp | 8.1 bp −$8 | 11.9 bp −$119 | 38.6 bp −$3,864 | 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 | 197.11 | −0.471% | $17K | $224K | 30x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 198.09 | +0.023% | $345K | $871K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 197.99 | −0.028% | $108K | $851K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 198.09 | +0.026% | $14.5M | $76.6M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 198.14 | +0.049% | $4.6M | $5.5M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 198.14 | +0.049% | $3.1M | $4.5M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 198.06 | +0.009% | $1.2M | $6.6M | 50x | as long as short |
| Bitget COINUSDT | 0.0000% | 8h | 198.18 | +0.070% | $6.4M | $9.8M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 198.13 | +0.047% | $769K | $921K | — | as long as short |
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 198.08 | +0.019% | $21K | $3.1M | 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
Bitget COINUSDT
Variational Omni COIN
GRVT COIN_USDT_PerpShow all 26 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter COIN | +0.0032% | 1h | 197.92 | −0.061% | $346K | $2.0M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 197.94 | −0.052% | $480K | $1.2M | 10x | as long as short |
| QFEX COIN-USD | +0.0036% | 1h | 198.06 | +0.009% | $1.3M | $2.6M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 198.11 | +0.034% | $17K | $28K | 5x | as long as short |
| Vest COIN-USD-PERP | +0.0046% | 1h | 197.94 | −0.052% | — | $293K | 25x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 198.00 | −0.021% | $14.8M | $11.8M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 197.99 | −0.026% | $136K | $1.3M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 197.91 | −0.067% | $97 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 197.82 | −0.112% | $342K | $2.1M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 197.95 | −0.046% | $934K | $227K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 198.04 | −0.001% | $89K | $272K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 198.26 | +0.110% | $573 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 198.10 | +0.028% | $117 | — | 10x | as long as short |
| BloFin COIN-USDTshort | +0.0120% | 8h | 197.98 | −0.031% | $192K | $490K | 20x | |
| Phoenix COIN | +0.0121% | 1h | 197.94 | −0.052% | $5K | $257K | 10x | as long as short |
| edgeX COINUSDClong | +0.0225% | 4h | 198.04 | long leg | $51K | $294K | 10x |
Lighter COIN
Lighter RH COIN
QFEX COIN-USD
Arcus COIN-USD
Vest COIN-USD-PERP
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
Phoenix COIN