Funding you earn now, next payment 00:00 UTC+0.0280%/8h= +30.7% APRpaid last 24h +0.115%
Price spread now: edgeX against Gate+0.045%52s7-day average −0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$7as 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−$580.584% of the position
Funding, last 7 days+0.510%+$51 on $10k
+Price spread, last 3 days (all we have)−0.039%−$4 · spread now +0.045%, 7d avg −0.018%
=Together, before fees+0.471%+ Points / potential airdropedgeX: Active · farm board+$47 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and edgeX is 0.064% dearer against Gate than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.018%. The two prices were read 52 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 | Gate COIN_USDT | 202.20 | 0 | get 0.0000% / 8h | 38m 35s | $1.3M | $7.0M | 50x |
| Short | edgeX COINUSDC | 202.29 | 0.0280 | get 0.0140% / 4h | 38m 35s | $52K | $293K | 10x |
Gate COIN_USDT
edgeX COINUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Gate. 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
- $58.81
- Price spread: +0.045% → −0.018%
- $6.36
- Slippage, 4 orders
- −$34.39
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $6.78
- Costs to cover
- 0.584%
- Break-even
- 6.2 days
Slippage from Gate: live order book, 5 min ago; edgeX: live order book, 39 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 Gate live order book, 5 min ago | 4.20 bp | 20.1 bp −$20 | 58.9 bp −$589 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 39 min ago | 5.45 bp | 10.5 bp −$11 | 16.6 bp −$166 | 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 | 202.22 | +0.010% | $45K | $49K | 30x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 202.25 | +0.023% | $371K | $839K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 202.14 | −0.030% | $119K | $446K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 202.18 | −0.009% | $15.7M | $76.6M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 202.27 | +0.035% | $5.0M | $5.9M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 202.18 | −0.010% | $3.3M | $4.7M | 20x | as long as short |
| Gate COIN_USDTlong | 0.0000% | 8h | 202.20 | long leg | $1.3M | $7.0M | 50x | |
| Variational Omni COIN | 0.0000% | 8h | 202.32 | +0.062% | $841K | $1.1M | — | as long as short |
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 202.35 | +0.074% | $12K | $2.0M | 10x | as long as short |
| Bitget COINUSDT | +0.0010% | 8h | 202.32 | +0.059% | $6.9M | $10.1M | 20x | as long as short |
Injective COIN/USDC PERP
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Variational Omni COIN
GRVT COIN_USDT_Perp
Bitget COINUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX COIN-USD | +0.0032% | 1h | 202.18 | −0.010% | $1.4M | $3.9M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 202.22 | +0.010% | $434K | $1.8M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 202.31 | +0.054% | $16K | $55K | 5x | as long as short |
| Vest COIN-USD-PERP | +0.0046% | 1h | 202.11 | −0.045% | — | $513K | 25x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 202.14 | −0.030% | $140K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 202.17 | −0.015% | $77 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 201.99 | −0.104% | $367K | $3.3M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 202.16 | −0.020% | $1.0M | $138K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 202.13 | −0.035% | $91K | $328K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 202.17 | −0.015% | $585 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 202.17 | −0.017% | $119 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 202.17 | −0.015% | $200K | $342K | 20x | as long as short |
| Lighter COIN | +0.0160% | 1h | 202.23 | +0.014% | $377K | $2.0M | 10x | as long as short |
| Phoenix COIN | +0.0238% | 1h | 202.32 | +0.059% | $5K | $279K | 10x | as long as short |
| tradeXYZ xyz:COIN | +0.0257% | 1h | 202.22 | +0.010% | $16.5M | $13.1M | 10x | as long as short |
| edgeX COINUSDCshort | +0.0280% | 4h | 202.29 | +0.045% | $52K | $293K | 10x |
QFEX COIN-USD
Lighter RH COIN
Arcus COIN-USD
Vest COIN-USD-PERP
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
Lighter COIN
Phoenix COIN
tradeXYZ xyz:COIN