EDGE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0024%/8h= +2.7% APRnext payment +$0.12 per $10,000 · paid last 24h +0.013%

Price spread now: Aster against Binance−0.065%7-day average +0.003% · 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−$477as in the Price arb table

costs, in and out, $10k−$4704.701% of the position

Long on Binance Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)+0.016%+$2 on $10k

Price spread, last 4 days (all we have)+0.093%+$9 · spread now −0.065%, 7d avg +0.003%

Together, before fees+0.109%+ Points / potential airdropAster: Stage 5 · farm board+$11 on $10k · with fees, hour by hour

Funding pays, the price is against you. Aster is 0.068% cheaper against Binance than usual: you would sell low and buy high (spread −0.065% now, against its 7-day average of +0.003%). If the spread goes back, that is −$7 on $10k: about 9.3 days of funding at the current rate (+$1 a day). At the pace of the last 5 days (+0.016% in total) that is about 23 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance EDGEUSDT	0.5909	0.0445	pay 0.0222% / 4h	1h 41m	$10.0M	$10.1M	50x
Short	Aster EDGEUSDT	0.5905	0.0469	get 0.0235% / 4h	1h 41m	$68K	$136K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Binance. 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

Position, each leg$Hold fordaysFee BinancebpFee AsterbpOrdersPrice spread, now −0.065%Rate

Funding earned: $5.12
Price spread: −0.065% → +0.003%: −$6.82
Slippage, 4 orders: −$452.09
Fee Binance: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$471.79
Costs to cover: 4.701%
Break-even: 652.1 days

Slippage from Binance: live order book, 13 min ago; Aster: live order book, 40 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 Binance live order book, 13 min ago	0.86 bp	31.3 bp −$31	251.0 bp −$2,510	doesn't fit	doesn't fit
Sell Aster live order book, 40 min ago	4.24 bp	33.8 bp −$34	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
Lighter EDGE	+0.0096%	1h	0.5899	−0.171%	$55K	$8K	3x	as long as short
Bybit EDGEUSDT	+0.0100%	4h	0.5902	−0.118%	$7.0M	$3.3M	25x	as long as short
Bitget EDGEUSDT	+0.0100%	4h	0.5906	−0.051%	$4.7M	$995K	20x	as long as short
Backpack EDGE_USDC_PERP	+0.0100%	1h	0.5917	+0.132%	$60K	$100K	3.3x	as long as short
Variational Omni EDGE	+0.0100%	4h	0.5856	−0.898%	$191K	$130K	—	as long as short
GRVT EDGE_USDT_Perp	+0.0100%	4h	0.5873	−0.609%	$8K	$1.8M	10x	as long as short
ApeX Omni EDGEUSDT	+0.0100%	1h	0.5878	−0.525%	$8K	$295K	50x	as long as short
SunX EDGE-USDT	+0.0100%	4h	0.6184	+4.654%	$4K	$605K	10x	as long as short
KuCoin EDGEUSDTM	+0.0248%	4h	0.5913	+0.068%	$2.1M	$2.3M	50x	as long as short
BloFin EDGE-USDT	+0.0388%	4h	0.5903	−0.102%	$632K	$125K	50x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended EDGE-USD	+0.0424%	1h	0.5904	−0.086%	$27K	$230K	5x	as long as short
MEXC EDGE_USDT	+0.0424%	4h	0.5912	+0.051%	$1.2M	$919K	50x	as long as short
Binance EDGEUSDTlong	+0.0445%	4h	0.5909	long leg	$10.0M	$10.1M	50x
Aster EDGEUSDTshort	+0.0469%	4h	0.5905	−0.065%	$68K	$136K	5x
Orderly PERP_EDGE_USDC	+0.0506%	4h	0.5907	−0.034%	$3K	—	10x	as long as short
edgeX EDGEUSDC	+0.0512%	4h	0.5901	−0.132%	$14.1M	$3.4M	30x	as long as short
OKX EDGE-USDT-SWAP	+0.0530%	4h	0.5912	+0.051%	$3.6M	$5.8M	20x	as long as short