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+0.0001%/8h= +0.1% APRnext payment +$0.00 per $10,000 · paid last 24h −0.011%
Price spread now: MEXC against Aster−0.078%7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$208as in the Price arb table
costs, in and out, $10k−$2022.017% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.015%−$1 on $10k
Price spread, last 4 days (all we have)+0.070%+$7 · spread now −0.078%, 7d avg −0.013%
Together, before fees+0.055%+ Points / potential airdropAster: Stage 5 · farm board+$5 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.066% cheaper against Aster than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.013%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster EDGEUSDT0.58740.0491pay 0.0246% / 4h2h 09m$68K$132K5x
ShortMEXC EDGE_USDT0.58690.0492get 0.0246% / 4h2h 09m$1.1M$912K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$0.12
Price spread: −0.078% → −0.013%
−$6.59
Slippage, 4 orders
−$185.74
Fee Aster: 4 bp × 2 orders
−$8
Fee MEXC: 4 bp × 2 orders
−$8
Net
−$208.21
Costs to cover
2.017%
Break-even
12400.7 days
Slippage from Aster: live order book, 57 min ago; MEXC: live order book, 2 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, 57 min ago4.99 bp144.7 bp −$145doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 2 min ago1.70 bp8.0 bp −$877.0 bp −$770213.3 bp −$21.3K756.3 bp −$378.2K

EDGE on 16 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
Lighter EDGE+0.0096%1h0.5860−0.239%$43K$19K3xas long as short
Bybit EDGEUSDT+0.0100%4h0.5863−0.181%$7.0M$3.4M25xas long as short
KuCoin EDGEUSDTM+0.0100%4h0.5876+0.041%$2.1M$2.2M50xas long as short
Bitget EDGEUSDT+0.0100%4h0.5872−0.027%$4.7M$1.1M20xas long as short
Backpack EDGE_USDC_PERP+0.0100%1h0.5868−0.092%$58K$105K3.3xas long as short
Variational Omni EDGE+0.0100%4h0.5877+0.066%$189K$131Kas long as short
GRVT EDGE_USDT_Perp+0.0100%4h0.5886+0.214%$7K$2.0M10xas long as short
ApeX Omni EDGEUSDT+0.0100%1h0.5893+0.330%$9K$303K50xas long as short
SunX EDGE-USDT+0.0100%4h0.5838−0.606%$3K$620K10xas long as short
OKX EDGE-USDT-SWAP+0.0436%4h0.5876+0.041%$3.6M$5.8M20xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX EDGEUSDC+0.0462%4h0.5887+0.226%$14.1M$3.6M30xas long as short
Extended EDGE-USD+0.0488%1h0.5868−0.095%$27K$199K5xas long as short
Binance EDGEUSDT+0.0489%4h0.5870−0.059%$10.0M$10.4M50xas long as short
Aster EDGEUSDTlong+0.0491%4h0.5874long leg$68K$132K5x
MEXC EDGE_USDTshort+0.0492%4h0.5869−0.078%$1.1M$912K50x
Orderly PERP_EDGE_USDC+0.0698%4h0.5866−0.130%$3K10xas long as short