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

EDGE

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0042%/8h= +4.6% APRnext payment +$0.21 per $10,000 · paid last 24h −0.001%
Price spread now: OKX against edgeX+0.102%7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$118as in the Funding arb table
Net, price: spread back to 7d avg − costs−$108as in the Price arb table
costs, in and out, $10k−$1181.176% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.001%$0 on $10k
Price spread, last 7 days−0.237%−$24 · spread now +0.102%, 7d avg +0.007%
Together, before fees−0.238%+ Points / potential airdropedgeX: Active · farm board−$24 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and OKX is 0.095% dearer against edgeX than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.007%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX EDGEUSDC0.59610.0403pay 0.0202% / 4h1m 01s$14.3M$3.6M30x
ShortOKX EDGE-USDT-SWAP0.59670.0445get 0.0222% / 4h1m 01s$3.7M$5.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$8.76
Price spread: +0.102% → +0.007%
$9.45
Slippage, 4 orders
−$98.61
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee OKX: 5 bp × 2 orders
−$10
Net
−$99.4
Costs to cover
1.176%
Break-even
86.5 days
Slippage from edgeX: live order book, 3 min ago; OKX: live order book, 2 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 ago6.71 bp34.2 bp −$34128.1 bp −$1,281doesn't fitdoesn't fit
Sell OKX live order book, 2 min ago2.52 bp23.8 bp −$24132.7 bp −$1,327doesn'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−0.0030%1h0.5961+0.001%$58K$111K3.3xas long as short
Lighter EDGE+0.0096%1h0.5949−0.203%$43K$19K3xas long as short
Bybit EDGEUSDT+0.0100%4h0.5951−0.166%$7.1M$3.4M25xas long as short
KuCoin EDGEUSDTM+0.0100%4h0.5957−0.066%$2.1M$2.2M50xas long as short
Bitget EDGEUSDT+0.0100%4h0.5959−0.032%$4.7M$1.1M20xas long as short
Variational Omni EDGE+0.0100%4h0.5952−0.150%$189K$136Kas long as short
GRVT EDGE_USDT_Perp+0.0100%4h0.5960−0.020%$10K$2.4M10xas long as short
ApeX Omni EDGEUSDT+0.0100%1h0.5965+0.068%$9K$305K50xas long as short
SunX EDGE-USDT+0.0100%4h0.5922−0.653%$4K$626K10xas long as short
edgeX EDGEUSDClong+0.0403%4h0.5961long leg$14.3M$3.6M30x
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin EDGE-USDT+0.0440%4h0.5973+0.203%$659K$103K50xas long as short
MEXC EDGE_USDT+0.0440%4h0.5962+0.018%$1.1M$903K50xas long as short
OKX EDGE-USDT-SWAPshort+0.0445%4h0.5967+0.102%$3.7M$5.8M20x
Binance EDGEUSDT+0.0447%4h0.5961+0.010%$10.2M$10.5M50xas long as short
Extended EDGE-USD+0.0448%1h0.5956−0.084%$30K$193K5xas long as short
Aster EDGEUSDT+0.0456%4h0.5966+0.089%$58K$152K5xas long as short
Orderly PERP_EDGE_USDC+0.0563%4h0.5963+0.035%$3K$35910xas long as short