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

EDGE

all EDGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0298%/8h= −32.6% APRnext payment $1.49 per $10,000 · paid last 24h −0.087%
Price spread now: Variational Omni against Aster−0.035%7-day average −0.065% · you buy dearer than you sell
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 3 days (all we have)−0.159%−$16 on $10k
Price spread, last 4 days (all we have)+0.203%+$20 · spread now −0.035%, 7d avg −0.065%
Together, before fees+0.044%+ Points / potential airdropAster: Stage 5 · Variational Omni: Active · farm board+$4 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.030% dearer against Aster than usual: you sell high and buy low (spread −0.035% now, against its 7-day average of −0.065%): +$3 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 8 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster EDGEUSDT0.58780.0398pay 0.0199% / 4h57m 24s$68K$128K5x
ShortVariational Omni EDGE0.58760.0100get 0.0050% / 4h57m 24s$187K$135K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
−$62.5
Price spread: −0.035% → −0.065%
$3.01
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$67.49
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Aster: live order book, 64 min ago; Variational Omni: RFQ quote, 2 min ago. 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, 64 min ago4.23 bp165.2 bp −$165doesn't fitdoesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 2 min ago5.10 bpdoesn't fit345.0 bp −$3,450doesn'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−0.0408%1h0.5885+0.116%$58K$106K3.3xas long as short
Lighter EDGE+0.0096%1h0.5860−0.304%$43K$19K3xas long as short
Bybit EDGEUSDT+0.0100%4h0.5866−0.211%$7.0M$3.3M25xas long as short
KuCoin EDGEUSDTM+0.0100%4h0.5883+0.079%$2.1M$2.2M50xas long as short
Bitget EDGEUSDT+0.0100%4h0.5869−0.160%$4.7M$1.1M20xas long as short
Variational Omni EDGEshort+0.0100%4h0.5876−0.035%$187K$135K
GRVT EDGE_USDT_Perp+0.0100%4h0.5889+0.187%$8K$2.2M10xas long as short
ApeX Omni EDGEUSDT+0.0100%1h0.5887+0.147%$9K$304K50xas long as short
SunX EDGE-USDT+0.0100%4h0.6157+4.740%$4K$624K10xas long as short
Extended EDGE-USD+0.0360%1h0.5869−0.157%$27K$196K5xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC EDGE_USDT+0.0360%4h0.5873−0.092%$1.1M$882K50xas long as short
Binance EDGEUSDT+0.0360%4h0.5878−0.006%$10.0M$10.3M50xas long as short
Aster EDGEUSDTlong+0.0398%4h0.5878long leg$68K$128K5x
OKX EDGE-USDT-SWAP+0.0414%4h0.5895+0.283%$3.7M$5.7M20xas long as short
BloFin EDGE-USDT+0.0418%4h0.5890+0.198%$655K$101K50xas long as short
edgeX EDGEUSDC+0.0435%4h0.5893+0.247%$14.1M$3.6M30xas long as short
Orderly PERP_EDGE_USDC+0.0584%4h0.5884+0.096%$3K10xas long as short