Funding you earn now, next payment 04:00 UTC−0.0458%/8h= −50.2% APRnext payment −$2.29 per $10,000 · paid last 24h −0.040%
Price spread now: Bitget against edgeX−0.456%7-day average −0.135% · you buy dearer than you sell
Net, funding: paid 7d − costs−$141as in the Funding arb table
Net, price: spread back to 7d avg − costs−$165as in the Price arb table
costs, in and out, $10k−$1331.331% of the position
Funding, last 7 days−0.083%−$8 on $10k
+Price spread, last 7 days+0.273%+$27 · spread now −0.456%, 7d avg −0.135%
=Together, before fees+0.190%+ Points / potential airdropedgeX: Active · farm board+$19 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Bitget is 0.320% cheaper against edgeX than usual: you would sell low and buy high (−$32 if the spread goes back to its 7-day average of −0.135%). Swap the legs.
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; at this rate the next one is about −$2.29 per $10,000. 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 | 0.5981 | 0.0558 | pay 0.0279% / 4h | 1h 19m | $14.3M | $3.6M | 30x |
| Short | Bitget EDGEUSDT | 0.5954 | 0.0100 | get 0.0050% / 4h | 1h 19m | $4.7M | $1.1M | 20x |
edgeX EDGEUSDC
Bitget EDGEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$96.23
- Price spread: −0.456% → −0.135%
- −$32.01
- Slippage, 4 orders
- −$112.08
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$261.31
- Costs to cover
- 1.331%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 5 min ago; Bitget: live order book, 4 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, 5 min ago | 4.18 bp | 19.3 bp −$19 | 114.2 bp −$1,142 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 2.52 bp | 28.9 bp −$29 | 279.0 bp −$2,790 | 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 | 0.5949 | −0.539% | $43K | $19K | 3x | as long as short |
| Bybit EDGEUSDT | +0.0100% | 4h | 0.5951 | −0.506% | $7.1M | $3.3M | 25x | as long as short |
| KuCoin EDGEUSDTM | +0.0100% | 4h | 0.5959 | −0.372% | $2.1M | $2.2M | 50x | as long as short |
| Bitget EDGEUSDTshort | +0.0100% | 4h | 0.5954 | −0.456% | $4.7M | $1.1M | 20x | |
| Backpack EDGE_USDC_PERP | +0.0100% | 1h | 0.5961 | −0.335% | $60K | $105K | 3.3x | as long as short |
| Variational Omni EDGE | +0.0100% | 4h | 0.5959 | −0.365% | $190K | $135K | — | as long as short |
| GRVT EDGE_USDT_Perp | +0.0100% | 4h | 0.5970 | −0.189% | $2K | $2.1M | 10x | as long as short |
| ApeX Omni EDGEUSDT | +0.0100% | 1h | 0.5969 | −0.205% | $9K | $306K | 50x | as long as short |
| SunX EDGE-USDT | +0.0100% | 4h | 0.6237 | +4.276% | $4K | $621K | 10x | as long as short |
| Binance EDGEUSDT | +0.0481% | 4h | 0.5959 | −0.368% | $10.2M | $10.3M | 50x | as long as short |
Lighter EDGE
Bybit EDGEUSDT
KuCoin EDGEUSDTM
Backpack EDGE_USDC_PERP
Variational Omni EDGE
GRVT EDGE_USDT_Perp
ApeX Omni EDGEUSDT
SunX EDGE-USDT
Binance EDGEUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC EDGE_USDT | +0.0486% | 4h | 0.5958 | −0.389% | $1.2M | $901K | 50x | as long as short |
| Extended EDGE-USD | +0.0488% | 1h | 0.5955 | −0.439% | $27K | $194K | 5x | as long as short |
| BloFin EDGE-USDT | +0.0512% | 4h | 0.5969 | −0.205% | $655K | $102K | 50x | as long as short |
| Aster EDGEUSDT | +0.0530% | 4h | 0.5963 | −0.305% | $69K | $129K | 5x | as long as short |
| OKX EDGE-USDT-SWAP | +0.0557% | 4h | 0.5964 | −0.288% | $3.7M | $5.8M | 20x | as long as short |
| edgeX EDGEUSDClong | +0.0558% | 4h | 0.5981 | long leg | $14.3M | $3.6M | 30x | |
| Orderly PERP_EDGE_USDC | +0.0659% | 4h | 0.5958 | −0.389% | $3K | — | 10x | as long as short |
MEXC EDGE_USDT
Extended EDGE-USD
BloFin EDGE-USDT
Aster EDGEUSDT
OKX EDGE-USDT-SWAP
Orderly PERP_EDGE_USDC