Settings8H · net · $10k
Funding arb · Price arb /

EDGE

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0303%/8h= +33.2% APRpaid last 24h +0.040%
Price spread now: edgeX against ApeX Omni−0.068%7-day average +0.059% · you buy dearer than you sell
Net, funding: paid 7d − costs−$414as in the Funding arb table
Net, price: spread back to 7d avg − costs−$435as in the Price arb table
costs, in and out, $10k−$4224.219% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.083%+$8 on $10k
Price spread, last 4 days (all we have)−0.030%−$3 · spread now −0.068%, 7d avg +0.059%
Together, before fees+0.053%+ Points / potential airdropedgeX: Active · farm board+$5 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.127% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.068% now, against its 7-day average of +0.059%). If the spread goes back, that is −$13 on $10k: about 34 hours of funding at the current rate (+$9 a day). At the pace of the last 7 days (+0.083% in total) that is about 11 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.083% in total (about 4.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni EDGEUSDT0.59650.0100pay 0.0013% / 1h1m 12s$9K$305K50x
ShortedgeX EDGEUSDC0.59610.0403get 0.0202% / 4h1m 12s$14.3M$3.6M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$63.66
Price spread: −0.068% → +0.059%
−$12.74
Slippage, 4 orders
−$402.91
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$370.99
Costs to cover
4.219%
Break-even
47.8 days
Slippage from ApeX Omni: live order book, 56 min ago; edgeX: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 56 min ago16.09 bp174.0 bp −$174doesn't fitdoesn't fitdoesn't fit
Sell edgeX live order book, 3 min ago6.71 bp30.8 bp −$31111.0 bp −$1,110doesn't fitdoesn't fit

EDGE on 17 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack EDGE_USDC_PERP−0.0030%1h0.5961−0.067%$58K$111K3.3xas long as short
Lighter EDGE+0.0096%1h0.5949−0.272%$43K$19K3xas long as short
Bybit EDGEUSDT+0.0100%4h0.5951−0.235%$7.1M$3.4M25xas long as short
KuCoin EDGEUSDTM+0.0100%4h0.5955−0.168%$2.1M$2.2M50xas long as short
Bitget EDGEUSDT+0.0100%4h0.5960−0.084%$4.7M$1.1M20xas long as short
Variational Omni EDGE+0.0100%4h0.5952−0.219%$189K$136Kas long as short
GRVT EDGE_USDT_Perp+0.0100%4h0.5960−0.088%$10K$2.4M10xas long as short
ApeX Omni EDGEUSDTlong+0.0100%1h0.5965long leg$9K$305K50x
SunX EDGE-USDT+0.0100%4h0.5922−0.721%$4K$626K10xas long as short
edgeX EDGEUSDCshort+0.0403%4h0.5961−0.068%$14.3M$3.6M30x
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin EDGE-USDT+0.0440%4h0.5973+0.134%$659K$103K50xas long as short
MEXC EDGE_USDT+0.0440%4h0.5961−0.067%$1.1M$903K50xas long as short
OKX EDGE-USDT-SWAP+0.0445%4h0.5967+0.034%$3.7M$5.8M20xas long as short
Binance EDGEUSDT+0.0447%4h0.5962−0.050%$10.2M$10.5M50xas long as short
Extended EDGE-USD+0.0448%1h0.5956−0.154%$30K$193K5xas long as short
Aster EDGEUSDT+0.0456%4h0.5967+0.039%$58K$152K5xas long as short
Orderly PERP_EDGE_USDC+0.0563%4h0.5963−0.034%$3K$35910xas long as short