EDGE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0003%/8h= −0.4% APRnext payment −$0.02 per $10,000 · paid last 24h −0.040%

Price spread now: edgeX against Binance+0.344%7-day average +0.012% · you sell dearer than you buy

Net, funding: paid 7d − costs−$155as in the Funding arb table

Net, price: spread back to 7d avg − costs−$105as in the Price arb table

costs, in and out, $10k−$1391.386% of the position

Long on Binance Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.163%−$16 on $10k

Price spread, last 7 days−0.194%−$19 · spread now +0.344%, 7d avg +0.012%

Together, before fees−0.357%+ Points / potential airdropedgeX: Active · farm board−$36 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: edgeX is 0.332% dearer against Binance than usual: you sell high and buy low, +$33 on $10k if it goes back to its 7-day average of +0.012%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance EDGEUSDT	0.5833	0.0200	pay 0.0100% / 4h	2h 55m	$9.9M	$10.0M	50x
Short	edgeX EDGEUSDC	0.5853	0.0196	get 0.0098% / 4h	2h 55m	$14.0M	$3.4M	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now +0.344%Rate

Funding earned: −$0.73
Price spread: +0.344% → +0.012%: $33.2
Slippage, 4 orders: −$119.63
Fee Binance: 5 bp × 2 orders: −$10
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$106.15
Costs to cover: 1.386%
Break-even: never at this rate

Slippage from Binance: live order book, 15 min ago; edgeX: live order book, 4 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, 15 min ago	0.85 bp	34.6 bp −$35	245.0 bp −$2,450	doesn't fit	doesn't fit
Sell edgeX live order book, 4 min ago	7.67 bp	45.7 bp −$46	158.7 bp −$1,587	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_PERP	−0.0629%	1h	0.5829	−0.082%	$59K	$100K	3.3x	as long as short
Lighter EDGE	+0.0096%	1h	0.5815	−0.322%	$54K	$9K	3x	as long as short
Bybit EDGEUSDT	+0.0100%	4h	0.5822	−0.195%	$6.9M	$3.3M	25x	as long as short
KuCoin EDGEUSDTM	+0.0100%	4h	0.5828	−0.092%	$2.1M	$2.3M	50x	as long as short
Bitget EDGEUSDT	+0.0100%	4h	0.5827	−0.109%	$4.6M	$986K	20x	as long as short
Variational Omni EDGE	+0.0100%	4h	0.5819	−0.238%	$190K	$130K	—	as long as short
GRVT EDGE_USDT_Perp	+0.0100%	4h	0.5837	+0.062%	$12K	$1.7M	10x	as long as short
SunX EDGE-USDT	+0.0100%	4h	0.6099	+4.554%	$4K	$597K	10x	as long as short
ApeX Omni EDGEUSDT	+0.0147%	1h	0.5844	+0.182%	$2K	$293K	50x	as long as short
BloFin EDGE-USDT	+0.0160%	4h	0.5826	−0.126%	$630K	$124K	50x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster EDGEUSDT	+0.0175%	4h	0.5835	+0.020%	$67K	$134K	5x	as long as short
OKX EDGE-USDT-SWAP	+0.0183%	4h	0.5835	+0.028%	$3.6M	$5.7M	20x	as long as short
edgeX EDGEUSDCshort	+0.0196%	4h	0.5853	+0.344%	$14.0M	$3.4M	30x
Binance EDGEUSDTlong	+0.0200%	4h	0.5833	long leg	$9.9M	$10.0M	50x
Extended EDGE-USD	+0.0200%	1h	0.5828	−0.086%	$26K	$230K	5x	as long as short
MEXC EDGE_USDT	+0.0206%	4h	0.5833	−0.006%	$1.2M	$918K	50x	as long as short
Orderly PERP_EDGE_USDC	+0.0365%	4h	0.5832	−0.023%	$3K	—	10x	as long as short