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

EDGE

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0380%/8h= +41.6% APRnext payment +$1.90 per $10,000 · paid last 24h +0.087%
Price spread now: Aster against Bybit+0.119%7-day average +0.102% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$317as in the Price arb table
costs, in and out, $10k−$3183.182% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.237%+$24 on $10k
Price spread, last 4 days (all we have)−0.004%$0 · spread now +0.119%, 7d avg +0.102%
Together, before fees+0.233%+ Points / potential airdropAster: Stage 5 · farm board+$23 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.102%, so right now this pair is about funding alone: +$11 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit EDGEUSDT0.59630.0100pay 0.0050% / 4h31m 37s$7.1M$3.4M25x
ShortAster EDGEUSDT0.59700.0480get 0.0240% / 4h31m 37s$68K$132K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Bybit. 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
$79.75
Price spread: +0.119% → +0.102%
$1.68
Slippage, 4 orders
−$299.2
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Aster: 4 bp × 2 orders
−$8
Net
−$236.77
Costs to cover
3.182%
Break-even
27.8 days
Slippage from Bybit: live order book, 1 min ago; Aster: live order book, 24 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 Bybit live order book, 1 min ago2.51 bp99.8 bp −$100400.1 bp −$4,001doesn't fitdoesn't fit
Sell Aster live order book, 24 min ago6.75 bp38.2 bp −$38doesn'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−0.0114%1h0.5958−0.084%$57K$110K3.3xas long as short
Lighter EDGE+0.0096%1h0.5967+0.059%$43K$19K3xas long as short
Bybit EDGEUSDTlong+0.0100%4h0.5963long leg$7.1M$3.4M25x
KuCoin EDGEUSDTM+0.0100%4h0.5959−0.067%$2.1M$2.2M50xas long as short
Bitget EDGEUSDT+0.0100%4h0.5962−0.017%$4.7M$1.1M20xas long as short
Variational Omni EDGE+0.0100%4h0.5949−0.227%$189K$136Kas long as short
GRVT EDGE_USDT_Perp+0.0100%4h0.5992+0.493%$5K$2.3M10xas long as short
ApeX Omni EDGEUSDT+0.0100%1h0.5978+0.252%$9K$305K50xas long as short
SunX EDGE-USDT+0.0100%4h0.5935−0.470%$4K$627K10xas long as short
edgeX EDGEUSDC+0.0414%4h0.5984+0.345%$14.3M$3.6M30xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended EDGE-USD+0.0416%1h0.5970+0.116%$27K$193K5xas long as short
MEXC EDGE_USDT+0.0418%4h0.5974+0.184%$1.1M$890K50xas long as short
Binance EDGEUSDT+0.0420%4h0.5973+0.173%$10.3M$10.5M50xas long as short
OKX EDGE-USDT-SWAP+0.0421%4h0.59630.000%$3.7M$5.8M20xas long as short
BloFin EDGE-USDT+0.0445%4h0.5974+0.184%$655K$103K50xas long as short
Aster EDGEUSDTshort+0.0480%4h0.5970+0.119%$68K$132K5x
Orderly PERP_EDGE_USDC+0.0564%4h0.5962−0.017%$3K10xas long as short