Funding you earn now, next payment 00:00 UTC+0.0559%/8h= +61.2% APRpaid last 24h +0.196%
Price spread now: Aster against Backpack−0.147%45s7-day average +0.155% · 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—prices read too far apart to compare
costs, in and out, $10k−$2382.377% of the position
Funding, last 5 days (all we have)−0.140%−$14 on $10k
+Price spread, last 4 days (all we have)+0.472%+$47 · spread now −0.147%, 7d avg +0.155%
=Together, before fees+0.331%+ Points / potential airdropAster: Stage 5 · farm board+$33 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.301% cheaper against Backpack than usual: you would sell low and buy high (spread −0.147% now, against its 7-day average of +0.155%). If the spread goes back, that is −$30 on $10k: about 43 hours of funding at the current rate (+$17 a day). Mind the row above: over the last 5 days funding on this pair cost −0.140%, so the current rate has only just turned in your favour. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid -0.140% in total (about -9.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack EDGE_USDC_PERP | 0.5969 | 0.0049 | pay 0.0006% / 1h | 16m 18s | $58K | $101K | 3.3x |
| Short | Aster EDGEUSDT | 0.5960 | 0.0608 | get 0.0304% / 4h | 16m 18s | $69K | $133K | 5x |
Backpack EDGE_USDC_PERP
Aster EDGEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Backpack. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $117.46
- Price spread: −0.147% → +0.155%
- −$30.11
- Slippage, 4 orders
- −$219.74
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$150.39
- Costs to cover
- 2.377%
- Break-even
- 16.0 days
Slippage from Backpack: live order book, 38 min ago; Aster: live order book, 60 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 Backpack live order book, 38 min ago | 5.84 bp | 19.1 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 60 min ago | 5.11 bp | 34.9 bp −$35 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack EDGE_USDC_PERPlong | +0.0049% | 1h | 0.5969 | long leg | $58K | $101K | 3.3x | |
| Lighter EDGE | +0.0096% | 1h | 0.5955 | −0.238% | $55K | $8K | 3x | as long as short |
| Bybit EDGEUSDT | +0.0100% | 4h | 0.5964 | −0.087% | $7.1M | $3.3M | 25x | as long as short |
| Bitget EDGEUSDT | +0.0100% | 4h | 0.5966 | −0.054% | $4.7M | $1.0M | 20x | as long as short |
| Variational Omni EDGE | +0.0100% | 4h | 0.5963 | −0.110% | $193K | $131K | — | as long as short |
| GRVT EDGE_USDT_Perp | +0.0100% | 4h | 0.5979 | +0.158% | $7K | $1.8M | 10x | as long as short |
| ApeX Omni EDGEUSDT | +0.0100% | 1h | 0.5986 | +0.281% | $9K | $288K | 50x | as long as short |
| SunX EDGE-USDT | +0.0100% | 4h | 0.5927 | −0.707% | $3K | $612K | 10x | as long as short |
| KuCoin EDGEUSDTM | +0.0166% | 4h | 0.5967 | −0.037% | $2.1M | $2.2M | 50x | as long as short |
| BloFin EDGE-USDT | +0.0602% | 4h | 0.5972 | +0.047% | $645K | $96K | 50x | as long as short |
Lighter EDGE
Bybit EDGEUSDT
Bitget EDGEUSDT
Variational Omni EDGE
GRVT EDGE_USDT_Perp
ApeX Omni EDGEUSDT
SunX EDGE-USDT
KuCoin EDGEUSDTM
BloFin EDGE-USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC EDGE_USDT | +0.0606% | 4h | 0.5971 | +0.030% | $1.2M | $916K | 50x | as long as short |
| Aster EDGEUSDTshort | +0.0608% | 4h | 0.5960 | −0.147% | $69K | $133K | 5x | |
| Binance EDGEUSDT | +0.0613% | 4h | 0.5971 | +0.030% | $10.1M | $10.1M | 50x | as long as short |
| Extended EDGE-USD | +0.0616% | 1h | 0.5969 | −0.006% | $27K | $230K | 5x | as long as short |
| edgeX EDGEUSDC | +0.0676% | 4h | 0.5974 | +0.073% | $14.3M | $3.5M | 30x | as long as short |
| OKX EDGE-USDT-SWAP | +0.0693% | 4h | 0.5973 | +0.064% | $3.7M | $5.9M | 20x | as long as short |
| Orderly PERP_EDGE_USDC | +0.0708% | 4h | 0.5970 | +0.013% | $3K | — | 10x | as long as short |
MEXC EDGE_USDT
Binance EDGEUSDT
Extended EDGE-USD
edgeX EDGEUSDC
OKX EDGE-USDT-SWAP
Orderly PERP_EDGE_USDC