Funding you earn now, next payment 00:00 UTC−0.0043%/8h= −4.7% APRnext payment −$0.21 per $10,000 · paid last 24h +0.040%
Price spread now: Binance against edgeX−0.131%7-day average −0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$125as in the Funding arb table
Net, price: spread back to 7d avg − costs−$153as in the Price arb table
costs, in and out, $10k−$1411.412% of the position
Funding, last 7 days+0.163%+$16 on $10k
+Price spread, last 7 days+0.096%+$10 · spread now −0.131%, 7d avg −0.011%
=Together, before fees+0.259%+ Points / potential airdropedgeX: Active · farm board+$26 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Binance is 0.119% cheaper against edgeX than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.011%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.163%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX EDGEUSDC | 0.5849 | 0.0428 | pay 0.0214% / 4h | 1h 51m | $14.0M | $3.4M | 30x |
| Short | Binance EDGEUSDT | 0.5841 | 0.0385 | get 0.0192% / 4h | 1h 51m | $9.9M | $10.0M | 50x |
edgeX EDGEUSDC
Binance EDGEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- −$9.03
- Price spread: −0.131% → −0.011%
- −$11.94
- Slippage, 4 orders
- −$122.21
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$162.17
- Costs to cover
- 1.412%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 2 min ago; Binance: 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 edgeX live order book, 2 min ago | 5.97 bp | 22.4 bp −$22 | 105.3 bp −$1,053 | doesn't fit | doesn't fit |
| Sell Binance live order book, 3 min ago | 0.86 bp | 46.3 bp −$46 | 176.7 bp −$1,767 | 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 | 0.5825 | −0.401% | $54K | $8K | 3x | as long as short |
| Bybit EDGEUSDT | +0.0100% | 4h | 0.5832 | −0.285% | $6.9M | $3.3M | 25x | as long as short |
| Bitget EDGEUSDT | +0.0100% | 4h | 0.5839 | −0.165% | $4.6M | $993K | 20x | as long as short |
| Backpack EDGE_USDC_PERP | +0.0100% | 1h | 0.5840 | −0.155% | $59K | $100K | 3.3x | as long as short |
| Variational Omni EDGE | +0.0100% | 4h | 0.5808 | −0.695% | $189K | $130K | — | as long as short |
| GRVT EDGE_USDT_Perp | +0.0100% | 4h | 0.5831 | −0.309% | $2K | $1.7M | 10x | as long as short |
| SunX EDGE-USDT | +0.0100% | 4h | 0.5806 | −0.729% | $4K | $605K | 10x | as long as short |
| ApeX Omni EDGEUSDT | +0.0176% | 1h | 0.5837 | −0.199% | $8K | $295K | 50x | as long as short |
| KuCoin EDGEUSDTM | +0.0180% | 4h | 0.5843 | −0.097% | $2.1M | $2.3M | 50x | as long as short |
| MEXC EDGE_USDT | +0.0382% | 4h | 0.5840 | −0.148% | $1.2M | $918K | 50x | as long as short |
Lighter EDGE
Bybit EDGEUSDT
Bitget EDGEUSDT
Backpack EDGE_USDC_PERP
Variational Omni EDGE
GRVT EDGE_USDT_Perp
SunX EDGE-USDT
ApeX Omni EDGEUSDT
KuCoin EDGEUSDTM
MEXC EDGE_USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster EDGEUSDT | +0.0383% | 4h | 0.5841 | −0.131% | $67K | $136K | 5x | as long as short |
| Extended EDGE-USD | +0.0384% | 1h | 0.5841 | −0.138% | $26K | $230K | 5x | as long as short |
| Binance EDGEUSDTshort | +0.0385% | 4h | 0.5841 | −0.131% | $9.9M | $10.0M | 50x | |
| BloFin EDGE-USDT | +0.0423% | 4h | 0.5841 | −0.131% | $637K | $124K | 50x | as long as short |
| edgeX EDGEUSDClong | +0.0428% | 4h | 0.5849 | long leg | $14.0M | $3.4M | 30x | |
| OKX EDGE-USDT-SWAP | +0.0451% | 4h | 0.5846 | −0.045% | $3.6M | $5.7M | 20x | as long as short |
| Orderly PERP_EDGE_USDC | +0.0466% | 4h | 0.5845 | −0.062% | $3K | — | 10x | as long as short |
Aster EDGEUSDT
Extended EDGE-USD
BloFin EDGE-USDT
OKX EDGE-USDT-SWAP
Orderly PERP_EDGE_USDC