Funding you earn now, next payment 00:00 UTC−0.0636%/8h= −69.6% APRnext payment −$3.18 per $10,000 · paid last 24h −0.014%
Price spread now: Bybit against edgeX−0.142%51s7-day average −0.126% · you buy dearer than you sell
Net, funding: paid 7d − costs−$210as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$2032.034% of the position
Funding, last 7 days−0.067%−$7 on $10k
+Price spread, last 7 days−0.036%−$4 · spread now −0.142%, 7d avg −0.126%
=Together, before fees−0.103%+ Points / potential airdropedgeX: Active · farm board−$10 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.126%, so right now this pair is about funding alone: −$19 a day on $10k at the current rate. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.067% in total (about -3.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.18 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 | 0.5982 | 0.0736 | pay 0.0368% / 4h | 34m 47s | $14.3M | $3.5M | 30x |
| Short | Bybit EDGEUSDT | 0.5974 | 0.0100 | get 0.0050% / 4h | 34m 47s | $7.1M | $3.3M | 25x |
edgeX EDGEUSDC
Bybit EDGEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$133.55
- Price spread: −0.142% → −0.126%
- −$1.6
- Slippage, 4 orders
- −$183.43
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$338.58
- Costs to cover
- 2.034%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 4 min ago; Bybit: 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, 4 min ago | 4.19 bp | 32.2 bp −$32 | 125.8 bp −$1,258 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 0.84 bp | 74.1 bp −$74 | 338.0 bp −$3,380 | 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 | 0.5976 | −0.113% | $55K | $8K | 3x | as long as short |
| Bybit EDGEUSDTshort | +0.0100% | 4h | 0.5974 | −0.142% | $7.1M | $3.3M | 25x | |
| Bitget EDGEUSDT | +0.0100% | 4h | 0.5972 | −0.175% | $4.7M | $999K | 20x | as long as short |
| Backpack EDGE_USDC_PERP | +0.0100% | 1h | 0.5975 | −0.120% | $58K | $100K | 3.3x | as long as short |
| Variational Omni EDGE | +0.0100% | 4h | 0.5959 | −0.387% | $193K | $131K | — | as long as short |
| GRVT EDGE_USDT_Perp | +0.0100% | 4h | 0.5978 | −0.071% | $7K | $1.8M | 10x | as long as short |
| ApeX Omni EDGEUSDT | +0.0100% | 1h | 0.5987 | +0.076% | $9K | $288K | 50x | as long as short |
| SunX EDGE-USDT | +0.0100% | 4h | 0.5934 | −0.810% | $4K | $610K | 10x | as long as short |
| KuCoin EDGEUSDTM | +0.0162% | 4h | 0.5977 | −0.092% | $2.1M | $2.2M | 50x | as long as short |
| BloFin EDGE-USDT | +0.0593% | 4h | 0.5973 | −0.158% | $646K | $128K | 50x | as long as short |
Lighter EDGE
Bitget EDGEUSDT
Backpack EDGE_USDC_PERP
Variational Omni EDGE
GRVT EDGE_USDT_Perp
ApeX Omni EDGEUSDT
SunX EDGE-USDT
KuCoin EDGEUSDTM
BloFin EDGE-USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC EDGE_USDT | +0.0620% | 4h | 0.5991 | +0.142% | $1.2M | $915K | 50x | as long as short |
| Binance EDGEUSDT | +0.0620% | 4h | 0.5994 | +0.193% | $10.2M | $10.1M | 50x | as long as short |
| Extended EDGE-USD | +0.0624% | 1h | 0.5988 | +0.100% | $27K | $230K | 5x | as long as short |
| Aster EDGEUSDT | +0.0625% | 4h | 0.5985 | +0.038% | $69K | $135K | 5x | as long as short |
| Orderly PERP_EDGE_USDC | +0.0661% | 4h | 0.5977 | −0.092% | $3K | — | 10x | as long as short |
| OKX EDGE-USDT-SWAP | +0.0724% | 4h | 0.5996 | +0.226% | $3.7M | $5.9M | 20x | as long as short |
| edgeX EDGEUSDClong | +0.0736% | 4h | 0.5982 | long leg | $14.3M | $3.5M | 30x |
MEXC EDGE_USDT
Binance EDGEUSDT
Extended EDGE-USD
Aster EDGEUSDT
Orderly PERP_EDGE_USDC
OKX EDGE-USDT-SWAP