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−0.0393%/8h= −43.1% APRnext payment $1.97 per $10,000 · paid last 24h −0.089%
Price spread now: Bitget against Aster+0.148%7-day average −0.077% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$230as in the Price arb table
costs, in and out, $10k−$2522.524% 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 4 days (all we have)−0.330%−$33 · spread now +0.148%, 7d avg −0.077%
Together, before fees−0.563%+ Points / potential airdropAster: Stage 5 · farm board−$56 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.225% dearer against Aster than usual: you sell high and buy low (spread +0.148% now, against its 7-day average of −0.077%): +$22 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 46 hours. At the pace of the last 5 days (−0.233% in total) that is about 5.2 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster EDGEUSDT0.58790.0493pay 0.0247% / 4h2h 52m$68K$132K5x
ShortBitget EDGEUSDT0.58880.0100get 0.0050% / 4h2h 52m$4.7M$1.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
−$82.6
Price spread: +0.148% → −0.077%
$22.49
Slippage, 4 orders
−$232.36
Fee Aster: 4 bp × 2 orders
−$8
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$312.47
Costs to cover
2.524%
Break-even
never at this rate
Slippage from Aster: live order book, 14 min ago; Bitget: live order book, 1 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, 14 min ago4.99 bp144.7 bp −$145doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 1 min ago6.80 bp30.3 bp −$30319.3 bp −$3,193doesn'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−0.0377%1h0.5887+0.125%$59K$101K3.3xas long as short
Lighter EDGE+0.0096%1h0.5874−0.087%$49K$13K3xas long as short
Bybit EDGEUSDT+0.0100%4h0.5881+0.029%$7.1M$3.4M25xas long as short
KuCoin EDGEUSDTM+0.0100%4h0.5882+0.046%$2.1M$2.2M50xas long as short
Bitget EDGEUSDTshort+0.0100%4h0.5888+0.148%$4.7M$1.0M20x
Variational Omni EDGE+0.0100%4h0.5910+0.523%$188K$128Kas long as short
GRVT EDGE_USDT_Perp+0.0100%4h0.5856−0.397%$2K$1.9M10xas long as short
ApeX Omni EDGEUSDT+0.0100%1h0.5950+1.202%$11K$296K50xas long as short
SunX EDGE-USDT+0.0100%4h0.6138+4.400%$3K$618K10xas long as short
OKX EDGE-USDT-SWAP+0.0414%4h0.5889+0.165%$3.6M$5.8M20xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX EDGEUSDC+0.0458%4h0.5958+1.331%$14.2M$3.6M30xas long as short
Aster EDGEUSDTlong+0.0493%4h0.5879long leg$68K$132K5x
MEXC EDGE_USDT+0.0526%4h0.5891+0.199%$1.1M$910K50xas long as short
Binance EDGEUSDT+0.0527%4h0.5887+0.131%$10.0M$10.4M50xas long as short
Extended EDGE-USD+0.0528%1h0.5888+0.139%$27K$194K5xas long as short
BloFin EDGE-USDT+0.0580%4h0.5890+0.182%$658K$97K50xas long as short
Orderly PERP_EDGE_USDC+0.0764%4h0.5883+0.063%$3K10xas long as short