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

EDGE

all EDGE markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0016%/8h= −1.7% APRnext payment $0.08 per $10,000 · paid last 24h −0.048%
Price spread now: edgeX against Aster−0.764%50s7-day average +0.002% · you buy dearer than you sell
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−$1541.542% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.148%−$15 on $10k
Price spread, last 4 days (all we have)+0.453%+$45 · spread now −0.764%, 7d avg +0.002%
Together, before fees+0.305%+ Points / potential airdropAster: Stage 5 · edgeX: Active · farm board+$31 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and edgeX is 0.766% cheaper against Aster than usual: you would sell low and buy high (−$77 if the spread goes back to its 7-day average of +0.002%). Swap the legs. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster EDGEUSDT0.59240.0437pay 0.0218% / 4h54m 43s$68K$129K5x
ShortedgeX EDGEUSDC0.58790.0421get 0.0211% / 4h54m 43s$14.1M$3.6M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
−$3.26
Price spread: −0.764% → +0.002%
−$76.63
Slippage, 4 orders
−$137.23
Fee Aster: 4 bp × 2 orders
−$8
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$234.13
Costs to cover
1.542%
Break-even
never at this rate
Slippage from Aster: live order book, 1 min ago; edgeX: live order book, 4 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, 1 min ago6.75 bp64.4 bp −$64doesn't fitdoesn't fitdoesn't fit
Sell edgeX live order book, 4 min ago4.24 bp24.6 bp −$2599.7 bp −$997doesn'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−0.0148%1h0.5919−0.086%$60K$107K3.3xas long as short
Lighter EDGE+0.0096%1h0.5909−0.254%$43K$19K3xas long as short
Bybit EDGEUSDT+0.0100%4h0.5923−0.021%$7.1M$3.3M25xas long as short
KuCoin EDGEUSDTM+0.0100%4h0.5917−0.122%$2.1M$2.2M50xas long as short
Bitget EDGEUSDT+0.0100%4h0.5917−0.122%$4.7M$1.1M20xas long as short
Variational Omni EDGE+0.0100%4h0.5929+0.073%$188K$135Kas long as short
GRVT EDGE_USDT_Perp+0.0100%4h0.5888−0.610%$8K$2.2M10xas long as short
ApeX Omni EDGEUSDT+0.0100%1h0.5889−0.595%$9K$304K50xas long as short
SunX EDGE-USDT+0.0100%4h0.5872−0.881%$4K$623K10xas long as short
BloFin EDGE-USDT+0.0321%4h0.5926+0.030%$657K$101K50xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended EDGE-USD+0.0376%1h0.5918−0.111%$27K$196K5xas long as short
MEXC EDGE_USDT+0.0376%4h0.5920−0.071%$1.1M$884K50xas long as short
Binance EDGEUSDT+0.0391%4h0.5921−0.047%$10.1M$10.3M50xas long as short
edgeX EDGEUSDCshort+0.0421%4h0.5879−0.764%$14.1M$3.6M30x
Aster EDGEUSDTlong+0.0437%4h0.5924long leg$68K$129K5x
OKX EDGE-USDT-SWAP+0.0452%4h0.5922−0.037%$3.7M$5.7M20xas long as short
Orderly PERP_EDGE_USDC+0.0579%4h0.5916−0.139%$3K10xas long as short