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 − costs—prices read too far apart to compare
costs, in and out, $10k−$1211.214% of the position
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget EDGEUSDT | 0.6008 | 0.0100 | pay 0.0050% / 4h | 1h 08m | $4.8M | $1.1M | 20x |
| Short | edgeX EDGEUSDC | 0.6018 | 0.0476 | get 0.0238% / 4h | 1h 08m | $14.4M | $3.7M | 30x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bitget live order book, 5 min ago | 8.30 bp | 32.6 bp −$33 | 343.8 bp −$3,438 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 1 min ago | 3.33 bp | 17.1 bp −$17 | 83.3 bp −$833 | 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 | −0.0169% | 1h | 0.6004 | −0.063% | $57K | $122K | 3.3x | as long as short |
| Lighter EDGE | +0.0096% | 1h | 0.5994 | −0.231% | $44K | $22K | 3x | as long as short |
| Bybit EDGEUSDT | +0.0100% | 4h | 0.5996 | −0.200% | $7.2M | $3.3M | 25x | as long as short |
| KuCoin EDGEUSDTM | +0.0100% | 4h | 0.6012 | +0.067% | $2.1M | $2.2M | 50x | as long as short |
| Bitget EDGEUSDTlong | +0.0100% | 4h | 0.6008 | long leg | $4.8M | $1.1M | 20x | |
| Variational Omni EDGE | +0.0100% | 4h | 0.6021 | +0.214% | $190K | $144K | — | as long as short |
| GRVT EDGE_USDT_Perp | +0.0100% | 4h | 0.6029 | +0.351% | $2K | $3.0M | 10x | as long as short |
| ApeX Omni EDGEUSDT | +0.0100% | 1h | 0.6038 | +0.499% | $9K | $295K | 50x | as long as short |
| SunX EDGE-USDT | +0.0100% | 4h | 0.5965 | −0.716% | $3K | $641K | 10x | as long as short |
| Aster EDGEUSDT | +0.0341% | 4h | 0.6007 | −0.012% | $53K | $155K | 5x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX EDGE-USDT-SWAP | +0.0474% | 4h | 0.6010 | +0.033% | $3.8M | $6.1M | 20x | as long as short |
| edgeX EDGEUSDCshort | +0.0476% | 4h | 0.6018 | +0.172% | $14.4M | $3.7M | 30x | |
| BloFin EDGE-USDT | +0.0500% | 4h | 0.6007 | −0.017% | $663K | $107K | 50x | as long as short |
| MEXC EDGE_USDT | +0.0506% | 4h | 0.6003 | −0.083% | $1.1M | $807K | 50x | as long as short |
| Extended EDGE-USD | +0.0512% | 1h | 0.6005 | −0.053% | $27K | $83K | 5x | as long as short |
| Binance EDGEUSDT | +0.0514% | 4h | 0.6007 | −0.012% | $10.3M | $10.8M | 50x | as long as short |
| Orderly PERP_EDGE_USDC | +0.0633% | 4h | 0.6002 | −0.100% | $3K | $1K | 10x | as long as short |
Bitget EDGEUSDT
edgeX EDGEUSDC
Backpack EDGE_USDC_PERP
Lighter EDGE
Bybit EDGEUSDT
KuCoin EDGEUSDTM
Variational Omni EDGE
GRVT EDGE_USDT_Perp
ApeX Omni EDGEUSDT
SunX EDGE-USDT
Aster EDGEUSDT
OKX EDGE-USDT-SWAP
BloFin EDGE-USDT
MEXC EDGE_USDT
Extended EDGE-USD
Binance EDGEUSDT