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

EDGE

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Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0308%/8h= +33.7% APRpaid last 24h +0.053%
Price spread now: Extended against Bitget−0.003%7-day average +0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$233as in the Funding arb table
Net, price: spread back to 7d avg − costs−$256as in the Price arb table
costs, in and out, $10k−$2552.550% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.217%+$22 on $10k
Price spread, last 4 days (all we have)+0.147%+$15 · spread now −0.003%, 7d avg +0.012%
Together, before fees+0.365%+ Points / potential airdropExtended: Active · farm board+$36 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.012%, so right now this pair is about funding alone: +$9 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget EDGEUSDT0.58780.0100pay 0.0050% / 4h2h 17m$4.7M$990K20x
ShortExtended EDGE-USD0.58780.0408get 0.0051% / 1h17m 57s$27K$230K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$64.68
Price spread: −0.003% → +0.012%
−$1.51
Slippage, 4 orders
−$237.96
Fee Bitget: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$191.79
Costs to cover
2.550%
Break-even
27.8 days
Slippage from Bitget: live order book, 5 min ago; Extended: live order book, 4 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 ago8.51 bp35.1 bp −$35522.1 bp −$5,221doesn't fitdoesn't fit
Sell Extended live order book, 4 min ago4.51 bp137.2 bp −$137doesn't fitdoesn'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−0.0182%1h0.5880+0.032%$59K$100K3.3xas long as short
Lighter EDGE+0.0096%1h0.5866−0.197%$54K$9K3xas long as short
Bybit EDGEUSDT+0.0100%4h0.5873−0.085%$7.0M$3.2M25xas long as short
Bitget EDGEUSDTlong+0.0100%4h0.5878long leg$4.7M$990K20x
Variational Omni EDGE+0.0100%4h0.5876−0.040%$191K$130Kas long as short
GRVT EDGE_USDT_Perp+0.0100%4h0.5878−0.005%$2K$1.7M10xas long as short
ApeX Omni EDGEUSDT+0.0100%1h0.5894+0.272%$8K$295K50xas long as short
SunX EDGE-USDT+0.0100%4h0.5836−0.715%$3K$604K10xas long as short
KuCoin EDGEUSDTM+0.0152%4h0.5879+0.017%$2.1M$2.3M50xas long as short
edgeX EDGEUSDC+0.0356%4h0.5880+0.040%$14.1M$3.4M30xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC EDGE_USDT+0.0390%4h0.5883+0.085%$1.2M$929K50xas long as short
BloFin EDGE-USDT+0.0394%4h0.5885+0.119%$631K$126K50xas long as short
Aster EDGEUSDT+0.0399%4h0.5872−0.110%$67K$134K5xas long as short
Extended EDGE-USDshort+0.0408%1h0.5878−0.003%$27K$230K5x
Binance EDGEUSDT+0.0410%4h0.5883+0.093%$10.0M$10.0M50xas long as short
OKX EDGE-USDT-SWAP+0.0418%4h0.5890+0.204%$3.6M$5.8M20xas long as short
Orderly PERP_EDGE_USDC+0.0456%4h0.5882+0.068%$3K10xas long as short