Funding you earn now, next payment 04:00 UTC−0.0303%/8h= −33.2% APRpaid last 24h −0.040%
Price spread now: ApeX Omni against edgeX+0.068%7-day average −0.059% · you sell dearer than you buy
Net, funding: paid 7d − costs−$430as in the Funding arb table
Net, price: spread back to 7d avg − costs−$409as in the Price arb table
costs, in and out, $10k−$4224.219% of the position
Funding, last 7 days−0.083%−$8 on $10k
+Price spread, last 4 days (all we have)+0.030%+$3 · spread now +0.068%, 7d avg −0.059%
=Together, before fees−0.053%+ Points / potential airdropedgeX: Active · farm board−$5 on $10k · with fees, hour by hour
The price spread pays, funding is against you. ApeX Omni is 0.127% dearer against edgeX than usual: you sell high and buy low (spread +0.068% now, against its 7-day average of −0.059%): +$13 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 34 hours. At the pace of the last 7 days (−0.083% in total) that is about 11 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.083% in total (about -4.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX EDGEUSDC | 0.5961 | 0.0403 | pay 0.0202% / 4h | 1m 06s | $14.3M | $3.6M | 30x |
| Short | ApeX Omni EDGEUSDT | 0.5965 | 0.0100 | get 0.0013% / 1h | 1m 06s | $9K | $305K | 50x |
edgeX EDGEUSDC
ApeX Omni EDGEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against edgeX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$63.66
- Price spread: +0.068% → −0.059%
- $12.75
- Slippage, 4 orders
- −$402.91
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$472.83
- Costs to cover
- 4.219%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 3 min ago; ApeX Omni: live order book, 56 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 edgeX live order book, 3 min ago | 6.71 bp | 34.2 bp −$34 | 128.1 bp −$1,281 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 56 min ago | 16.09 bp | 183.0 bp −$183 | doesn't fit | 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 | −0.0030% | 1h | 0.5961 | +0.001% | $58K | $111K | 3.3x | as long as short |
| Lighter EDGE | +0.0096% | 1h | 0.5949 | −0.203% | $43K | $19K | 3x | as long as short |
| Bybit EDGEUSDT | +0.0100% | 4h | 0.5951 | −0.166% | $7.1M | $3.4M | 25x | as long as short |
| KuCoin EDGEUSDTM | +0.0100% | 4h | 0.5955 | −0.099% | $2.1M | $2.2M | 50x | as long as short |
| Bitget EDGEUSDT | +0.0100% | 4h | 0.5960 | −0.015% | $4.7M | $1.1M | 20x | as long as short |
| Variational Omni EDGE | +0.0100% | 4h | 0.5952 | −0.150% | $189K | $136K | — | as long as short |
| GRVT EDGE_USDT_Perp | +0.0100% | 4h | 0.5960 | −0.020% | $10K | $2.4M | 10x | as long as short |
| ApeX Omni EDGEUSDTshort | +0.0100% | 1h | 0.5965 | +0.068% | $9K | $305K | 50x | |
| SunX EDGE-USDT | +0.0100% | 4h | 0.5922 | −0.653% | $4K | $626K | 10x | as long as short |
| edgeX EDGEUSDClong | +0.0403% | 4h | 0.5961 | long leg | $14.3M | $3.6M | 30x |
Backpack EDGE_USDC_PERP
Lighter EDGE
Bybit EDGEUSDT
KuCoin EDGEUSDTM
Bitget EDGEUSDT
Variational Omni EDGE
GRVT EDGE_USDT_Perp
SunX EDGE-USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin EDGE-USDT | +0.0440% | 4h | 0.5973 | +0.203% | $659K | $103K | 50x | as long as short |
| MEXC EDGE_USDT | +0.0440% | 4h | 0.5961 | +0.001% | $1.1M | $903K | 50x | as long as short |
| OKX EDGE-USDT-SWAP | +0.0445% | 4h | 0.5967 | +0.102% | $3.7M | $5.8M | 20x | as long as short |
| Binance EDGEUSDT | +0.0447% | 4h | 0.5962 | +0.018% | $10.2M | $10.5M | 50x | as long as short |
| Extended EDGE-USD | +0.0448% | 1h | 0.5956 | −0.086% | $30K | $193K | 5x | as long as short |
| Aster EDGEUSDT | +0.0456% | 4h | 0.5967 | +0.107% | $58K | $152K | 5x | as long as short |
| Orderly PERP_EDGE_USDC | +0.0563% | 4h | 0.5963 | +0.035% | $3K | $359 | 10x | as long as short |
BloFin EDGE-USDT
MEXC EDGE_USDT
OKX EDGE-USDT-SWAP
Binance EDGEUSDT
Extended EDGE-USD
Aster EDGEUSDT
Orderly PERP_EDGE_USDC