EDGE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0115%/8h= +12.6% APRnext payment +$0.58 per $10,000 · paid last 24h −0.038%

Price spread now: OKX against BloFin−0.085%73s7-day average −0.041% · you buy dearer than you sell

Net, funding: paid 7d − costs−$117as 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−$1031.027% of the position

Long on BloFin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.139%−$14 on $10k

Price spread, last 3 days (all we have)−0.159%−$16 · spread now −0.085%, 7d avg −0.041%

Together, before fees−0.298%−$30 on $10k · with fees, hour by hour

Funding pays, the price is against you. OKX is 0.044% cheaper against BloFin than usual: you would sell low and buy high (spread −0.085% now, against its 7-day average of −0.041%). If the spread goes back, that is −$4 on $10k: about 31 hours of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.139%, so the current rate has only just turned in your favour. The two prices were read 73 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	0.5878	0.0432	pay 0.0216% / 4h	1h 10m	$631K	$125K	50x
Short	OKX EDGE-USDT-SWAP	0.5873	0.0547	get 0.0274% / 4h	1h 10m	$3.6M	$5.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.085%Rate

Funding earned: $24.17
Price spread: −0.085% → −0.041%: −$4.39
Slippage, 4 orders: −$80.69
Fee BloFin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$82.91
Costs to cover: 1.027%
Break-even: 31.0 days

Slippage from BloFin: live order book, 6 min ago; OKX: live order book, 3 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, 6 min ago	5.97 bp	26.3 bp −$26	127.2 bp −$1,272	doesn't fit	doesn't fit
Sell OKX live order book, 3 min ago	2.55 bp	26.7 bp −$27	145.5 bp −$1,455	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
Lighter EDGE	+0.0096%	1h	0.5852	−0.446%	$54K	$8K	3x	as long as short
Bybit EDGEUSDT	+0.0100%	4h	0.5862	−0.272%	$6.9M	$3.3M	25x	as long as short
Bitget EDGEUSDT	+0.0100%	4h	0.5865	−0.221%	$4.7M	$999K	20x	as long as short
Backpack EDGE_USDC_PERP	+0.0100%	1h	0.5865	−0.225%	$59K	$100K	3.3x	as long as short
Variational Omni EDGE	+0.0100%	4h	0.5864	−0.235%	$191K	$130K	—	as long as short
GRVT EDGE_USDT_Perp	+0.0100%	4h	0.5871	−0.117%	$12K	$1.8M	10x	as long as short
ApeX Omni EDGEUSDT	+0.0100%	1h	0.5878	0.000%	$8K	$294K	50x	as long as short
SunX EDGE-USDT	+0.0100%	4h	0.5830	−0.817%	$3K	$610K	10x	as long as short
KuCoin EDGEUSDTM	+0.0174%	4h	0.5869	−0.153%	$2.1M	$2.3M	50x	as long as short
BloFin EDGE-USDTlong	+0.0432%	4h	0.5878	long leg	$631K	$125K	50x

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC EDGE_USDT	+0.0478%	4h	0.5869	−0.153%	$1.2M	$921K	50x	as long as short
Extended EDGE-USD	+0.0480%	1h	0.5865	−0.216%	$27K	$230K	5x	as long as short
Binance EDGEUSDT	+0.0482%	4h	0.5870	−0.144%	$10.0M	$10.1M	50x	as long as short
Aster EDGEUSDT	+0.0490%	4h	0.5872	−0.102%	$68K	$136K	5x	as long as short
edgeX EDGEUSDC	+0.0540%	4h	0.5876	−0.038%	$14.0M	$3.4M	30x	as long as short
OKX EDGE-USDT-SWAPshort	+0.0547%	4h	0.5873	−0.085%	$3.6M	$5.8M	20x
Orderly PERP_EDGE_USDC	+0.0578%	4h	0.5867	−0.187%	$3K	—	10x	as long as short