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+0.0199%/8h= +21.8% APRnext payment +$1.00 per $10,000 · paid last 24h +0.017%
Price spread now: Orderly against Aster+0.010%49s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$6 a day on $10k at the current rate. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster EDGEUSDT0.59120.0484pay 0.0242% / 4h1h 45m$68K$132K5x
ShortOrderly PERP_EDGE_USDC0.59130.0683get 0.0342% / 4h1h 45m$3K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
$41.86
Price spread: +0.010% → 0.000%
$1.01
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Orderly: 3 bp × 2 orders
−$6
Net
$28.87
Costs to cover
0.140%
Break-even
2.2 days
Slippage unknown: Aster: live order book, 15 min ago; Orderly: no order-book sample. Net counts fees only.

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, 15 min ago4.23 bp165.2 bp −$165doesn't fitdoesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Lighter EDGE+0.0096%1h0.5902−0.173%$43K$19K3xas long as short
Bybit EDGEUSDT+0.0100%4h0.5902−0.176%$7.1M$3.3M25xas long as short
KuCoin EDGEUSDTM+0.0100%4h0.5917+0.078%$2.1M$2.2M50xas long as short
Bitget EDGEUSDT+0.0100%4h0.5913+0.010%$4.7M$1.1M20xas long as short
Backpack EDGE_USDC_PERP+0.0100%1h0.5910−0.044%$58K$103K3.3xas long as short
Variational Omni EDGE+0.0100%4h0.5900−0.210%$192K$131Kas long as short
GRVT EDGE_USDT_Perp+0.0100%4h0.5917+0.078%$6K$2.1M10xas long as short
ApeX Omni EDGEUSDT+0.0100%1h0.5919+0.112%$9K$305K50xas long as short
SunX EDGE-USDT+0.0100%4h0.5872−0.683%$3K$618K10xas long as short
BloFin EDGE-USDT+0.0440%4h0.5915+0.044%$101K50xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance EDGEUSDT+0.0462%4h0.5916+0.065%$10.1M$10.4M50xas long as short
MEXC EDGE_USDT+0.0470%4h0.5915+0.044%$1.1M$900K50xas long as short
Extended EDGE-USD+0.0472%1h0.5915+0.044%$27K$193K5xas long as short
OKX EDGE-USDT-SWAP+0.0477%4h0.5922+0.162%$3.7M$5.8M20xas long as short
Aster EDGEUSDTlong+0.0484%4h0.5912long leg$68K$132K5x
edgeX EDGEUSDC+0.0494%4h0.5918+0.101%$14.2M$3.6M30xas long as short
Orderly PERP_EDGE_USDCshort+0.0683%4h0.5913+0.010%$3K10x