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+0.0043%/8h= +4.7% APRnext payment +$0.21 per $10,000 · paid last 24h −0.013%
Price spread now: BloFin against Aster+0.784%82s7-day average +0.059% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$2322.322% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.036%−$4 on $10k
Price spread, last 3 days (all we have)−0.582%−$58 · spread now +0.784%, 7d avg +0.059%
Together, before fees−0.618%+ Points / potential airdropAster: Stage 5 · farm board−$62 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.725% dearer against Aster than usual: you sell high and buy low: +$73 more if the spread goes back to its 7-day average of +0.059%. The two prices were read 82 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster EDGEUSDT0.59020.0532pay 0.0266% / 4h2h 55m$68K$132K5x
ShortBloFin EDGE-USDT0.59480.0575get 0.0287% / 4h2h 55m$650K$97K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$8.94
Price spread: +0.784% → +0.059%
$72.54
Slippage, 4 orders
−$212.23
Fee Aster: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$150.75
Costs to cover
2.322%
Break-even
125.0 days
Slippage from Aster: live order book, 10 min ago; BloFin: live order book, 11 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, 10 min ago4.99 bp144.7 bp −$145doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 11 min ago2.49 bp23.2 bp −$23104.4 bp −$1,044doesn'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−0.0789%1h0.5890−0.205%$59K$101K3.3xas long as short
Lighter EDGE+0.0096%1h0.5909+0.117%$49K$13K3xas long as short
Bybit EDGEUSDT+0.0100%4h0.5862−0.673%$7.0M$3.4M25xas long as short
KuCoin EDGEUSDTM+0.0100%4h0.5872−0.504%$2.1M$2.2M50xas long as short
Bitget EDGEUSDT+0.0100%4h0.5868−0.571%$4.7M$1.0M20xas long as short
Variational Omni EDGE+0.0100%4h0.5910+0.142%$188K$128Kas long as short
GRVT EDGE_USDT_Perp+0.0100%4h0.5963+1.038%$2K$1.9M10xas long as short
ApeX Omni EDGEUSDT+0.0100%1h0.5977+1.276%$11K$297K50xas long as short
SunX EDGE-USDT+0.0100%4h0.5888−0.232%$3K$612K10xas long as short
OKX EDGE-USDT-SWAP+0.0440%4h0.5873−0.487%$3.6M$5.7M20xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX EDGEUSDC+0.0476%4h0.5991+1.511%$14.3M$3.6M30xas long as short
Aster EDGEUSDTlong+0.0532%4h0.5902long leg$68K$132K5x
Binance EDGEUSDT+0.0543%4h0.5876−0.432%$10.0M$10.3M50xas long as short
Extended EDGE-USD+0.0544%1h0.5875−0.450%$27K$194K5xas long as short
MEXC EDGE_USDT+0.0554%4h0.5876−0.436%$1.1M$909K50xas long as short
BloFin EDGE-USDTshort+0.0575%4h0.5948+0.784%$650K$97K50x
Orderly PERP_EDGE_USDC+0.0760%4h0.5919+0.293%$3K10xas long as short