EDGE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0240%/8h= −26.2% APRnext payment −$1.20 per $10,000 · paid last 24h −0.068%

Price spread now: Bybit against Aster−0.178%7-day average −0.097% · 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−$512as in the Price arb table

costs, in and out, $10k−$5045.040% of the position

Long on Aster Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.214%−$21 on $10k

Price spread, last 4 days (all we have)+0.064%+$6 · spread now −0.178%, 7d avg −0.097%

Together, before fees−0.151%+ Points / potential airdropAster: Stage 5 · farm board−$15 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Bybit is 0.081% cheaper against Aster than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.097%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster EDGEUSDT	0.5808	0.0340	pay 0.0170% / 4h	1h 57m	$67K	$135K	5x
Short	Bybit EDGEUSDT	0.5798	0.0100	get 0.0050% / 4h	1h 57m	$6.9M	$3.3M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now −0.178%Rate

Funding earned: −$50.31
Price spread: −0.178% → −0.097%: −$8.14
Slippage, 4 orders: −$484.95
Fee Aster: 4 bp × 2 orders: −$8
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$562.4
Costs to cover: 5.040%
Break-even: never at this rate

Slippage from Aster: live order book, 23 min ago; Bybit: live order book, 5 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, 23 min ago	4.24 bp	358.6 bp −$359	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 5 min ago	0.86 bp	89.0 bp −$89	242.3 bp −$2,423	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	0.5789	−0.332%	$54K	$8K	3x	as long as short
Bybit EDGEUSDTshort	+0.0100%	4h	0.5798	−0.178%	$6.9M	$3.3M	25x
KuCoin EDGEUSDTM	+0.0100%	4h	0.5805	−0.058%	$2.1M	$2.3M	50x	as long as short
Bitget EDGEUSDT	+0.0100%	4h	0.5803	−0.092%	$4.6M	$992K	20x	as long as short
Backpack EDGE_USDC_PERP	+0.0100%	1h	0.5801	−0.125%	$59K	$100K	3.3x	as long as short
Variational Omni EDGE	+0.0100%	4h	0.5779	−0.501%	$189K	$130K	—	as long as short
GRVT EDGE_USDT_Perp	+0.0100%	4h	0.5795	−0.233%	$2K	$1.7M	10x	as long as short
ApeX Omni EDGEUSDT	+0.0100%	1h	0.5785	−0.402%	$8K	$295K	50x	as long as short
SunX EDGE-USDT	+0.0100%	4h	0.5767	−0.712%	$4K	$605K	10x	as long as short
Aster EDGEUSDTlong	+0.0340%	4h	0.5808	long leg	$67K	$135K	5x

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC EDGE_USDT	+0.0354%	4h	0.5817	+0.149%	$1.1M	$918K	50x	as long as short
Binance EDGEUSDT	+0.0359%	4h	0.5805	−0.061%	$9.9M	$10.0M	50x	as long as short
Extended EDGE-USD	+0.0360%	1h	0.5803	−0.099%	$26K	$230K	5x	as long as short
edgeX EDGEUSDC	+0.0387%	4h	0.5795	−0.236%	$13.8M	$3.4M	30x	as long as short
BloFin EDGE-USDT	+0.0398%	4h	0.5806	−0.041%	$633K	$123K	50x	as long as short
OKX EDGE-USDT-SWAP	+0.0408%	4h	0.5808	−0.006%	$3.6M	$5.7M	20x	as long as short
Orderly PERP_EDGE_USDC	+0.0465%	4h	0.5805	−0.058%	$3K	—	10x	as long as short