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
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni EDGEUSDT | 0.5965 | 0.0100 | pay 0.0013% / 1h | 1m 12s | $9K | $305K | 50x |
| Short | edgeX EDGEUSDC | 0.5961 | 0.0403 | get 0.0202% / 4h | 1m 12s | $14.3M | $3.6M | 30x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy ApeX Omni live order book, 56 min ago | 16.09 bp | 174.0 bp −$174 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 3 min ago | 6.71 bp | 30.8 bp −$31 | 111.0 bp −$1,110 | 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 | −0.0030% | 1h | 0.5961 | −0.067% | $58K | $111K | 3.3x | as long as short |
| Lighter EDGE | +0.0096% | 1h | 0.5949 | −0.272% | $43K | $19K | 3x | as long as short |
| Bybit EDGEUSDT | +0.0100% | 4h | 0.5951 | −0.235% | $7.1M | $3.4M | 25x | as long as short |
| KuCoin EDGEUSDTM | +0.0100% | 4h | 0.5955 | −0.168% | $2.1M | $2.2M | 50x | as long as short |
| Bitget EDGEUSDT | +0.0100% | 4h | 0.5960 | −0.084% | $4.7M | $1.1M | 20x | as long as short |
| Variational Omni EDGE | +0.0100% | 4h | 0.5952 | −0.219% | $189K | $136K | — | as long as short |
| GRVT EDGE_USDT_Perp | +0.0100% | 4h | 0.5960 | −0.088% | $10K | $2.4M | 10x | as long as short |
| ApeX Omni EDGEUSDTlong | +0.0100% | 1h | 0.5965 | long leg | $9K | $305K | 50x | |
| SunX EDGE-USDT | +0.0100% | 4h | 0.5922 | −0.721% | $4K | $626K | 10x | as long as short |
| edgeX EDGEUSDCshort | +0.0403% | 4h | 0.5961 | −0.068% | $14.3M | $3.6M | 30x |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin EDGE-USDT | +0.0440% | 4h | 0.5973 | +0.134% | $659K | $103K | 50x | as long as short |
| MEXC EDGE_USDT | +0.0440% | 4h | 0.5961 | −0.067% | $1.1M | $903K | 50x | as long as short |
| OKX EDGE-USDT-SWAP | +0.0445% | 4h | 0.5967 | +0.034% | $3.7M | $5.8M | 20x | as long as short |
| Binance EDGEUSDT | +0.0447% | 4h | 0.5962 | −0.050% | $10.2M | $10.5M | 50x | as long as short |
| Extended EDGE-USD | +0.0448% | 1h | 0.5956 | −0.154% | $30K | $193K | 5x | as long as short |
| Aster EDGEUSDT | +0.0456% | 4h | 0.5967 | +0.039% | $58K | $152K | 5x | as long as short |
| Orderly PERP_EDGE_USDC | +0.0563% | 4h | 0.5963 | −0.034% | $3K | $359 | 10x | as long as short |
ApeX Omni EDGEUSDT
edgeX EDGEUSDC
Backpack EDGE_USDC_PERP
Lighter EDGE
Bybit EDGEUSDT
KuCoin EDGEUSDTM
Bitget EDGEUSDT
Variational Omni EDGE
GRVT EDGE_USDT_Perp
SunX EDGE-USDT
BloFin EDGE-USDT
MEXC EDGE_USDT
OKX EDGE-USDT-SWAP
Binance EDGEUSDT
Extended EDGE-USD
Aster EDGEUSDT