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

EDGE

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0376%/8h= +41.2% APRnext payment +$1.88 per $10,000 · paid last 24h +0.055%
Price spread now: edgeX against Bitget+0.172%94s7-day average +0.136% · you sell dearer than you buy
Net, funding: paid 7d − costs−$112as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1211.214% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.098%+$10 on $10k
Price spread, last 7 days+0.012%+$1 · spread now +0.172%, 7d avg +0.136%
Together, before fees+0.111%+ Points / potential airdropedgeX: Active · farm board+$11 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and edgeX is 0.036% dearer against Bitget than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.136%. The two prices were read 94 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 7 days it paid 0.098% in total (about 5.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.88 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget EDGEUSDT0.60080.0100pay 0.0050% / 4h1h 08m$4.8M$1.1M20x
ShortedgeX EDGEUSDC0.60180.0476get 0.0238% / 4h1h 08m$14.4M$3.7M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Bitget. 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
$79.06
Price spread: +0.172% → +0.136%
$3.61
Slippage, 4 orders
−$100.39
Fee Bitget: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$38.72
Costs to cover
1.214%
Break-even
10.4 days
Slippage from Bitget: live order book, 5 min ago; edgeX: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 5 min ago8.30 bp32.6 bp −$33343.8 bp −$3,438doesn't fitdoesn't fit
Sell edgeX live order book, 1 min ago3.33 bp17.1 bp −$1783.3 bp −$833doesn'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−0.0169%1h0.6004−0.063%$57K$122K3.3xas long as short
Lighter EDGE+0.0096%1h0.5994−0.231%$44K$22K3xas long as short
Bybit EDGEUSDT+0.0100%4h0.5996−0.200%$7.2M$3.3M25xas long as short
KuCoin EDGEUSDTM+0.0100%4h0.6012+0.067%$2.1M$2.2M50xas long as short
Bitget EDGEUSDTlong+0.0100%4h0.6008long leg$4.8M$1.1M20x
Variational Omni EDGE+0.0100%4h0.6021+0.214%$190K$144Kas long as short
GRVT EDGE_USDT_Perp+0.0100%4h0.6029+0.351%$2K$3.0M10xas long as short
ApeX Omni EDGEUSDT+0.0100%1h0.6038+0.499%$9K$295K50xas long as short
SunX EDGE-USDT+0.0100%4h0.5965−0.716%$3K$641K10xas long as short
Aster EDGEUSDT+0.0341%4h0.6007−0.012%$53K$155K5xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX EDGE-USDT-SWAP+0.0474%4h0.6010+0.033%$3.8M$6.1M20xas long as short
edgeX EDGEUSDCshort+0.0476%4h0.6018+0.172%$14.4M$3.7M30x
BloFin EDGE-USDT+0.0500%4h0.6007−0.017%$663K$107K50xas long as short
MEXC EDGE_USDT+0.0506%4h0.6003−0.083%$1.1M$807K50xas long as short
Extended EDGE-USD+0.0512%1h0.6005−0.053%$27K$83K5xas long as short
Binance EDGEUSDT+0.0514%4h0.6007−0.012%$10.3M$10.8M50xas long as short
Orderly PERP_EDGE_USDC+0.0633%4h0.6002−0.100%$3K$1K10xas long as short