EDGE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0002%/8h= +0.2% APRnext payment +$0.01 per $10,000 · paid last 24h +0.005%

Price spread now: Binance against BloFin−0.124%71s7-day average −0.052% · you buy dearer than you sell

Net, funding: paid 7d − costs−$131as 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−$1331.332% of the position

Long on BloFin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.026%+$3 on $10k

Price spread, last 3 days (all we have)−0.888%−$89 · spread now −0.124%, 7d avg −0.052%

Together, before fees−0.862%−$86 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: Binance is 0.073% cheaper against BloFin than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.052%. The two prices were read 71 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin EDGE-USDT	0.5827	0.0191	pay 0.0096% / 4h	2h 50m	$629K	$124K	50x
Short	Binance EDGEUSDT	0.5820	0.0193	get 0.0097% / 4h	2h 50m	$9.9M	$10.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against BloFin. 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 BloFinbpFee BinancebpOrdersPrice spread, now −0.124%Rate

Funding earned: $0.44
Price spread: −0.124% → −0.052%: −$7.26
Slippage, 4 orders: −$111.19
Fee BloFin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$140
Costs to cover: 1.332%
Break-even: 2211.0 days

Slippage from BloFin: live order book, 36 min ago; Binance: live order book, 5 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 BloFin live order book, 36 min ago	2.55 bp	22.2 bp −$22	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 5 min ago	1.72 bp	47.7 bp −$48	171.0 bp −$1,710	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	−0.0735%	1h	0.5813	−0.245%	$59K	$100K	3.3x	as long as short
Lighter EDGE	+0.0096%	1h	0.5805	−0.376%	$54K	$9K	3x	as long as short
Bybit EDGEUSDT	+0.0100%	4h	0.5815	−0.206%	$6.9M	$3.2M	25x	as long as short
KuCoin EDGEUSDTM	+0.0100%	4h	0.5815	−0.206%	$2.1M	$2.3M	50x	as long as short
Bitget EDGEUSDT	+0.0100%	4h	0.5817	−0.172%	$4.6M	$984K	20x	as long as short
Variational Omni EDGE	+0.0100%	4h	0.5814	−0.231%	$190K	$130K	—	as long as short
GRVT EDGE_USDT_Perp	+0.0100%	4h	0.5832	+0.086%	$6K	$1.7M	10x	as long as short
ApeX Omni EDGEUSDT	+0.0100%	1h	0.5834	+0.120%	$6K	$295K	50x	as long as short
SunX EDGE-USDT	+0.0100%	4h	0.6090	+4.513%	$4K	$598K	10x	as long as short
OKX EDGE-USDT-SWAP	+0.0157%	4h	0.5825	−0.034%	$3.5M	$5.7M	20x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster EDGEUSDT	+0.0165%	4h	0.5825	−0.040%	$67K	$134K	5x	as long as short
edgeX EDGEUSDC	+0.0178%	4h	0.5827	+0.008%	$13.9M	$3.4M	30x	as long as short
BloFin EDGE-USDTlong	+0.0191%	4h	0.5827	long leg	$629K	$124K	50x
Extended EDGE-USD	+0.0192%	1h	0.5816	−0.196%	$26K	$230K	5x	as long as short
MEXC EDGE_USDT	+0.0192%	4h	0.5821	−0.103%	$1.2M	$918K	50x	as long as short
Binance EDGEUSDTshort	+0.0193%	4h	0.5820	−0.124%	$9.9M	$10.0M	50x
Orderly PERP_EDGE_USDC	+0.0362%	4h	0.5819	−0.137%	$3K	—	10x	as long as short