Settings8H · net · $10k
Funding arb · Price arb /

EDGE

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Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0041%/8h= +4.4% APRpaid last 24h +0.037%
Price spread now: Extended against edgeX−0.411%73s7-day average −0.063% · you buy dearer than you sell
Net, funding: paid 7d − costs−$192as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$2082.076% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.160%+$16 on $10k
Price spread, last 4 days (all we have)+0.602%+$60 · spread now −0.411%, 7d avg −0.063%
Together, before fees+0.762%+ Points / potential airdropedgeX: Active · Extended: Active · farm board+$76 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.349% cheaper against edgeX than usual: you would sell low and buy high (spread −0.411% now, against its 7-day average of −0.063%). If the spread goes back, that is −$35 on $10k: about 29 days of funding at the current rate (+$1 a day). The two prices were read 73 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX EDGEUSDC0.58480.0167pay 0.0084% / 4h2h 56m$14.0M$3.4M30x
ShortExtended EDGE-USD0.58240.0208get 0.0026% / 1h56m 14s$26K$230K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against edgeX. 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
$8.52
Price spread: −0.411% → −0.063%
−$34.86
Slippage, 4 orders
−$193.6
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$233.93
Costs to cover
2.076%
Break-even
199.2 days
Slippage from edgeX: live order book, 3 min ago; Extended: live order book, 30 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 edgeX live order book, 3 min ago7.67 bp18.6 bp −$19118.2 bp −$1,182doesn't fitdoesn't fit
Sell Extended live order book, 30 min ago5.52 bp109.2 bp −$109doesn't fitdoesn'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−0.0313%1h0.5831−0.288%$59K$100K3.3xas long as short
Lighter EDGE+0.0096%1h0.5812−0.614%$54K$9K3xas long as short
Bybit EDGEUSDT+0.0100%4h0.5823−0.426%$6.9M$3.3M25xas long as short
KuCoin EDGEUSDTM+0.0100%4h0.5826−0.375%$2.1M$2.3M50xas long as short
Bitget EDGEUSDT+0.0100%4h0.5822−0.443%$4.6M$986K20xas long as short
Variational Omni EDGE+0.0100%4h0.5835−0.228%$190K$130Kas long as short
GRVT EDGE_USDT_Perp+0.0100%4h0.5853+0.079%$12K$1.7M10xas long as short
ApeX Omni EDGEUSDT+0.0100%1h0.5859+0.190%$1K$292K50xas long as short
SunX EDGE-USDT+0.0100%4h0.6097+4.259%$4K$597K10xas long as short
edgeX EDGEUSDClong+0.0167%4h0.5848long leg$14.0M$3.4M30x
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster EDGEUSDT+0.0181%4h0.5839−0.150%$67K$134K5xas long as short
OKX EDGE-USDT-SWAP+0.0188%4h0.5827−0.358%$3.5M$5.7M20xas long as short
MEXC EDGE_USDT+0.0192%4h0.5827−0.358%$1.2M$918K50xas long as short
Binance EDGEUSDT+0.0206%4h0.5828−0.345%$9.9M$10.0M50xas long as short
Extended EDGE-USDshort+0.0208%1h0.5824−0.411%$26K$230K5x
BloFin EDGE-USDT+0.0212%4h0.5833−0.255%$631K$125K50xas long as short
Orderly PERP_EDGE_USDC+0.0366%4h0.5826−0.375%$3K10xas long as short