Funding you earn now, next payment 22:00 UTC+0.0050%/8h= +5.4% APRpaid last 24h +0.055%
Price spread now: Binance against ApeX Omni−0.274%49s7-day average −0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$424as 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−$4464.458% of the position
Funding, last 7 days+0.219%+$22 on $10k
+Price spread, last 3 days (all we have)−0.021%−$2 · spread now −0.274%, 7d avg −0.009%
=Funding pays, the price is against you. Binance is 0.265% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.274% now, against its 7-day average of −0.009%). If the spread goes back, that is −$27 on $10k: about 18 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.219% in total) that is about 8.5 days. The two prices were read 49 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 | ApeX Omni EDGEUSDT | 0.5844 | 0.0147 | pay 0.0018% / 1h | 54m 41s | $2K | $293K | 50x |
| Short | Binance EDGEUSDT | 0.5828 | 0.0197 | get 0.0098% / 4h | 2h 54m | $9.9M | $10.0M | 50x |
ApeX Omni EDGEUSDT
Binance EDGEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against ApeX Omni. 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
- $10.4
- Price spread: −0.274% → −0.009%
- −$26.53
- Slippage, 4 orders
- −$425.82
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$461.94
- Costs to cover
- 4.458%
- Break-even
- 317.8 days
Slippage from ApeX Omni: live order book, 32 min ago; Binance: live order book, 15 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 ApeX Omni live order book, 32 min ago | 6.78 bp | 182.1 bp −$182 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 0.85 bp | 39.7 bp −$40 | 177.9 bp −$1,779 | doesn't fit | doesn't fit |
EDGE on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack EDGE_USDC_PERP | −0.0629% | 1h | 0.5829 | −0.264% | $59K | $100K | 3.3x | as long as short |
| Lighter EDGE | +0.0096% | 1h | 0.5812 | −0.546% | $54K | $9K | 3x | as long as short |
| Bybit EDGEUSDT | +0.0100% | 4h | 0.5819 | −0.428% | $6.9M | $3.3M | 25x | as long as short |
| KuCoin EDGEUSDTM | +0.0100% | 4h | 0.5823 | −0.359% | $2.1M | $2.3M | 50x | as long as short |
| Bitget EDGEUSDT | +0.0100% | 4h | 0.5821 | −0.394% | $4.6M | $986K | 20x | as long as short |
| Variational Omni EDGE | +0.0100% | 4h | 0.5819 | −0.420% | $190K | $130K | — | as long as short |
| GRVT EDGE_USDT_Perp | +0.0100% | 4h | 0.5837 | −0.120% | $12K | $1.7M | 10x | as long as short |
| SunX EDGE-USDT | +0.0100% | 4h | 0.6099 | +4.363% | $4K | $597K | 10x | as long as short |
| ApeX Omni EDGEUSDTlong | +0.0147% | 1h | 0.5844 | long leg | $2K | $293K | 50x | |
| BloFin EDGE-USDT | +0.0160% | 4h | 0.5826 | −0.308% | $630K | $124K | 50x | as long as short |
Backpack EDGE_USDC_PERP
Lighter EDGE
Bybit EDGEUSDT
KuCoin EDGEUSDTM
Bitget EDGEUSDT
Variational Omni EDGE
GRVT EDGE_USDT_Perp
SunX EDGE-USDT
BloFin EDGE-USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster EDGEUSDT | +0.0172% | 4h | 0.5832 | −0.199% | $67K | $134K | 5x | as long as short |
| OKX EDGE-USDT-SWAP | +0.0183% | 4h | 0.5828 | −0.274% | $3.6M | $5.7M | 20x | as long as short |
| edgeX EDGEUSDC | +0.0196% | 4h | 0.5853 | +0.161% | $14.0M | $3.4M | 30x | as long as short |
| Binance EDGEUSDTshort | +0.0197% | 4h | 0.5828 | −0.274% | $9.9M | $10.0M | 50x | |
| MEXC EDGE_USDT | +0.0198% | 4h | 0.5828 | −0.274% | $1.2M | $918K | 50x | as long as short |
| Extended EDGE-USD | +0.0200% | 1h | 0.5819 | −0.429% | $26K | $230K | 5x | as long as short |
| Orderly PERP_EDGE_USDC | +0.0365% | 4h | 0.5832 | −0.205% | $3K | — | 10x | as long as short |
Aster EDGEUSDT
OKX EDGE-USDT-SWAP
edgeX EDGEUSDC
MEXC EDGE_USDT
Extended EDGE-USD
Orderly PERP_EDGE_USDC