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

EDGE

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Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0490%/8h= −53.7% APRpaid last 24h −0.089%
Price spread now: ApeX Omni against Aster+0.236%7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$737as in the Price arb table
costs, in and out, $10k−$7607.600% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.233%−$23 on $10k
Price spread, last 3 days (all we have)−0.054%−$5 · spread now +0.236%, 7d avg +0.007%
Together, before fees−0.287%+ Points / potential airdropAster: Stage 5 · farm board−$29 on $10k · with fees, hour by hour
The price spread pays, funding is against you. ApeX Omni is 0.228% dearer against Aster than usual: you sell high and buy low (spread +0.236% now, against its 7-day average of +0.007%): +$23 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 37 hours. At the pace of the last 5 days (−0.233% in total) that is about 5.2 days.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid -0.233% in total (about -15.9% 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
LongAster EDGEUSDT0.59440.0590pay 0.0295% / 4h3h 43m$68K$133K5x
ShortApeX Omni EDGEUSDT0.59580.0100get 0.0013% / 1h43m 37s$9K$290K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Aster. 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
−$102.96
Price spread: +0.236% → +0.007%
$22.84
Slippage, 4 orders
−$742
Fee Aster: 4 bp × 2 orders
−$8
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$840.12
Costs to cover
7.600%
Break-even
never at this rate
Slippage from Aster: live order book, 27 min ago; ApeX Omni: live order book, 29 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 Aster live order book, 27 min ago7.56 bp303.0 bp −$303doesn't fitdoesn't fitdoesn't fit
Sell ApeX Omni live order book, 29 min ago25.93 bp201.5 bp −$202doesn't fitdoesn'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−0.0139%1h0.5936−0.136%$56K$101K3.3xas long as short
Lighter EDGE+0.0096%1h0.5931−0.215%$49K$14K3xas long as short
Bybit EDGEUSDT+0.0100%4h0.5936−0.135%$7.0M$3.3M25xas long as short
KuCoin EDGEUSDTM+0.0100%4h0.5941−0.050%$2.1M$2.2M50xas long as short
Bitget EDGEUSDT+0.0100%4h0.5939−0.084%$4.8M$1.0M20xas long as short
Variational Omni EDGE+0.0100%4h0.5941−0.058%$190K$127Kas long as short
GRVT EDGE_USDT_Perp+0.0100%4h0.5955+0.182%$5K$1.9M10xas long as short
ApeX Omni EDGEUSDTshort+0.0100%1h0.5958+0.236%$9K$290K50x
SunX EDGE-USDT+0.0100%4h0.5910−0.572%$3K$613K10xas long as short
BloFin EDGE-USDT+0.0559%4h0.5954+0.168%$645K$95K50xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster EDGEUSDTlong+0.0590%4h0.5944long leg$68K$133K5x
OKX EDGE-USDT-SWAP+0.0601%4h0.5945+0.017%$3.7M$5.8M20xas long as short
MEXC EDGE_USDT+0.0614%4h0.5943−0.017%$1.2M$912K50xas long as short
Binance EDGEUSDT+0.0614%4h0.5947+0.054%$10.1M$10.1M50xas long as short
Extended EDGE-USD+0.0616%1h0.5942−0.029%$27K$224K5xas long as short
edgeX EDGEUSDC+0.0620%4h0.5955+0.179%$14.2M$3.5M30xas long as short
Orderly PERP_EDGE_USDC+0.0778%4h0.59440.000%$3K10xas long as short