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+0.0321%/8h= +35.1% APRnext payment +$1.60 per $10,000 · paid last 24h +0.040%
Price spread now: edgeX against Bybit+0.112%7-day average +0.128% · you sell dearer than you buy
Net, funding: paid 7d − costs−$269as in the Funding arb table
Net, price: spread back to 7d avg − costs−$280as in the Price arb table
costs, in and out, $10k−$2792.788% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.093%+$9 on $10k
Price spread, last 7 days+0.123%+$12 · spread now +0.112%, 7d avg +0.128%
Together, before fees+0.216%+ Points / potential airdropedgeX: Active · farm board+$22 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.128%, so right now this pair is about funding alone: +$10 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.093% in total (about 4.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.60 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit EDGEUSDT0.59650.0100pay 0.0050% / 4h29m 02s$7.2M$3.4M25x
ShortedgeX EDGEUSDC0.59720.0421get 0.0210% / 4h29m 02s$14.3M$3.6M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
$67.31
Price spread: +0.112% → +0.128%
−$1.57
Slippage, 4 orders
−$258.77
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$213.03
Costs to cover
2.788%
Break-even
29.2 days
Slippage from Bybit: live order book, 4 min ago; edgeX: live order book, 5 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, 4 min ago2.51 bp99.8 bp −$100400.1 bp −$4,001doesn't fitdoesn't fit
Sell edgeX live order book, 5 min ago6.71 bp21.5 bp −$21101.5 bp −$1,015doesn'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−0.0111%1h0.5972+0.124%$57K$109K3.3xas long as short
Lighter EDGE+0.0096%1h0.5963−0.037%$43K$19K3xas long as short
Bybit EDGEUSDTlong+0.0100%4h0.5965long leg$7.2M$3.4M25x
KuCoin EDGEUSDTM+0.0100%4h0.5969+0.067%$2.1M$2.2M50xas long as short
Bitget EDGEUSDT+0.0100%4h0.5971+0.101%$4.7M$1.1M20xas long as short
Variational Omni EDGE+0.0100%4h0.5960−0.076%$189K$136Kas long as short
GRVT EDGE_USDT_Perp+0.0100%4h0.5971+0.101%$4K$2.3M10xas long as short
ApeX Omni EDGEUSDT+0.0100%1h0.5978+0.218%$9K$305K50xas long as short
SunX EDGE-USDT+0.0100%4h0.5930−0.587%$3K$628K10xas long as short
BloFin EDGE-USDT+0.0369%4h0.5973+0.134%$660K$103K50xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX EDGE-USDT-SWAP+0.0407%4h0.5973+0.134%$3.7M$5.8M20xas long as short
Extended EDGE-USD+0.0416%1h0.5973+0.141%$27K$193K5xas long as short
Binance EDGEUSDT+0.0419%4h0.5968+0.050%$10.3M$10.5M50xas long as short
MEXC EDGE_USDT+0.0420%4h0.5975+0.168%$1.1M$890K50xas long as short
edgeX EDGEUSDCshort+0.0421%4h0.5972+0.112%$14.3M$3.6M30x
Aster EDGEUSDT+0.0471%4h0.5969+0.067%$68K$132K5xas long as short
Orderly PERP_EDGE_USDC+0.0568%4h0.5973+0.134%$3K10xas long as short