EDGE

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0047%/8h= −5.2% APRnext payment −$0.24 per $10,000 · paid last 24h −0.010%

Price spread now: Binance against Aster−0.178%7-day average −0.007% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$280as in the Price arb table

costs, in and out, $10k−$2632.629% of the position

Long on Aster Short on Binance

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.013%−$1 on $10k

Price spread, last 4 days (all we have)+0.166%+$17 · spread now −0.178%, 7d avg −0.007%

Together, before fees+0.153%+ Points / potential airdropAster: Stage 5 · farm board+$15 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Binance is 0.171% cheaper against Aster than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of −0.007%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster EDGEUSDT	0.5959	0.0522	pay 0.0261% / 4h	1h 18m	$69K	$128K	5x
Short	Binance EDGEUSDT	0.5948	0.0475	get 0.0238% / 4h	1h 18m	$10.2M	$10.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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

Position, each leg$Hold fordaysFee AsterbpFee BinancebpOrdersPrice spread, now −0.178%Rate

Funding earned: −$9.95
Price spread: −0.178% → −0.007%: −$17.11
Slippage, 4 orders: −$244.88
Fee Aster: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: −$289.94
Costs to cover: 2.629%
Break-even: never at this rate

Slippage from Aster: live order book, 42 min ago; Binance: live order book, 6 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 Aster live order book, 42 min ago	4.23 bp	165.2 bp −$165	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 6 min ago	0.84 bp	25.1 bp −$25	161.4 bp −$1,614	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
Lighter EDGE	+0.0096%	1h	0.5942	−0.289%	$43K	$19K	3x	as long as short
Bybit EDGEUSDT	+0.0100%	4h	0.5946	−0.218%	$7.1M	$3.3M	25x	as long as short
KuCoin EDGEUSDTM	+0.0100%	4h	0.5944	−0.252%	$2.1M	$2.2M	50x	as long as short
Bitget EDGEUSDT	+0.0100%	4h	0.5946	−0.218%	$4.7M	$1.1M	20x	as long as short
Backpack EDGE_USDC_PERP	+0.0100%	1h	0.5957	−0.040%	$60K	$105K	3.3x	as long as short
Variational Omni EDGE	+0.0100%	4h	0.5959	+0.007%	$190K	$135K	—	as long as short
GRVT EDGE_USDT_Perp	+0.0100%	4h	0.5970	+0.184%	$2K	$2.1M	10x	as long as short
ApeX Omni EDGEUSDT	+0.0100%	1h	0.5969	+0.168%	$9K	$306K	50x	as long as short
SunX EDGE-USDT	+0.0100%	4h	0.6231	+4.565%	$4K	$621K	10x	as long as short
BloFin EDGE-USDT	+0.0466%	4h	0.5955	−0.067%	$654K	$101K	50x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance EDGEUSDTshort	+0.0475%	4h	0.5948	−0.178%	$10.2M	$10.3M	50x
Extended EDGE-USD	+0.0480%	1h	0.5943	−0.269%	$27K	$194K	5x	as long as short
MEXC EDGE_USDT	+0.0480%	4h	0.5950	−0.151%	$1.2M	$901K	50x	as long as short
Aster EDGEUSDTlong	+0.0522%	4h	0.5959	long leg	$69K	$128K	5x
OKX EDGE-USDT-SWAP	+0.0557%	4h	0.5949	−0.168%	$3.7M	$5.8M	20x	as long as short
edgeX EDGEUSDC	+0.0558%	4h	0.5981	+0.373%	$14.3M	$3.6M	30x	as long as short
Orderly PERP_EDGE_USDC	+0.0659%	4h	0.5958	−0.017%	$3K	—	10x	as long as short