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+0.0484%/8h= +53.0% APRnext payment +$2.42 per $10,000 · paid last 24h +0.121%
Price spread now: Orderly against Bitget+0.017%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$15 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget EDGEUSDT0.59080.0100pay 0.0050% / 4h2h 32m$4.7M$1.1M20x
ShortOrderly PERP_EDGE_USDC0.59090.0584get 0.0292% / 4h2h 32m$3K$1K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
$101.65
Price spread: +0.017% → 0.000%
$1.69
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Orderly: 3 bp × 2 orders
−$6
Net
$85.35
Costs to cover
0.180%
Break-even
1.1 days
Slippage unknown: Bitget: live order book, 1 min ago; Orderly: no order-book sample. Net counts fees only.

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, 1 min ago5.93 bp38.3 bp −$38doesn't fitdoesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0177%1h0.5897−0.193%$58K$117K3.3xas long as short
Lighter EDGE+0.0096%1h0.5897−0.190%$43K$19K3xas long as short
Bybit EDGEUSDT+0.0100%4h0.5901−0.118%$7.1M$3.3M25xas long as short
KuCoin EDGEUSDTM+0.0100%4h0.5900−0.135%$2.1M$2.2M50xas long as short
Bitget EDGEUSDTlong+0.0100%4h0.5908long leg$4.7M$1.1M20x
Variational Omni EDGE+0.0100%4h0.5949+0.695%$188K$144Kas long as short
GRVT EDGE_USDT_Perp+0.0100%4h0.5954+0.779%$9K$2.7M10xas long as short
ApeX Omni EDGEUSDT+0.0100%1h0.5964+0.948%$9K$300K50xas long as short
SunX EDGE-USDT+0.0100%4h0.5872−0.609%$4K$631K10xas long as short
Aster EDGEUSDT+0.0349%4h0.5909+0.019%$52K$155K5xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX EDGE-USDT-SWAP+0.0440%4h0.5914+0.102%$3.7M$5.9M20xas long as short
Binance EDGEUSDT+0.0444%4h0.5914+0.107%$10.1M$10.6M50xas long as short
MEXC EDGE_USDT+0.0452%4h0.5913+0.085%$1.1M$821K50xas long as short
edgeX EDGEUSDC+0.0454%4h0.5971+1.072%$14.3M$3.6M30xas long as short
Extended EDGE-USD+0.0456%1h0.5908−0.002%$27K$86K5xas long as short
BloFin EDGE-USDT+0.0478%4h0.5898−0.169%$650K$102K50xas long as short
Orderly PERP_EDGE_USDCshort+0.0584%4h0.5909+0.017%$3K$1K10x