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

EDGE

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Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0452%/8h= −49.5% APRnext payment $0.56 per $10,000 · paid last 24h −0.066%
Price spread now: ApeX Omni against Extended−0.212%7-day average +0.067% · you buy dearer than you sell
Net, funding: paid 7d − costs−$586as in the Funding arb table
Net, price: spread back to 7d avg − costs−$591as in the Price arb table
costs, in and out, $10k−$5635.631% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.233%−$23 on $10k
Price spread, last 3 days (all we have)+0.388%+$39 · spread now −0.212%, 7d avg +0.067%
Together, before fees+0.155%+ Points / potential airdropExtended: Active · farm board+$16 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 ApeX Omni is 0.279% cheaper against Extended than usual: you would sell low and buy high (−$28 if the spread goes back to its 7-day average of +0.067%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.233% in total (about -12.1% a year). A funding rate is set anew for every payment; at this rate the next one is about $0.56 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended EDGE-USD0.60020.0552pay 0.0069% / 1h17m 01s$27K$192K5x
ShortApeX Omni EDGEUSDT0.59890.0100get 0.0013% / 1h17m 01s$9K$293K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Extended. 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
−$94.92
Price spread: −0.212% → +0.067%
−$27.94
Slippage, 4 orders
−$548.1
Fee Extended: 2.5 bp × 2 orders
−$5
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$685.95
Costs to cover
5.631%
Break-even
never at this rate
Slippage from Extended: live order book, 55 min ago; ApeX Omni: live order book, 55 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 Extended live order book, 55 min ago4.87 bp31.5 bp −$32454.2 bp −$4,542doesn't fitdoesn't fit
Sell ApeX Omni live order book, 55 min ago25.93 bp201.5 bp −$202doesn'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
Lighter EDGE+0.0096%1h0.5993−0.152%$50K$14K3xas long as short
Bybit EDGEUSDT+0.0100%4h0.6004+0.038%$7.2M$3.3M25xas long as short
KuCoin EDGEUSDTM+0.0100%4h0.6000−0.029%$2.2M$2.2M50xas long as short
Bitget EDGEUSDT+0.0100%4h0.6010+0.138%$4.8M$1.0M20xas long as short
Backpack EDGE_USDC_PERP+0.0100%1h0.6011+0.148%$57K$100K3.3xas long as short
Variational Omni EDGE+0.0100%4h0.5968−0.570%$191K$127Kas long as short
GRVT EDGE_USDT_Perp+0.0100%4h0.5981−0.340%$14K$1.9M10xas long as short
ApeX Omni EDGEUSDTshort+0.0100%1h0.5989−0.212%$9K$293K50x
SunX EDGE-USDT+0.0100%4h0.5972−0.495%$3K$615K10xas long as short
edgeX EDGEUSDC+0.0435%4h0.5981−0.354%$14.3M$3.6M30xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX EDGE-USDT-SWAP+0.0446%4h0.6022+0.338%$3.7M$5.9M20xas long as short
BloFin EDGE-USDT+0.0512%4h0.6006+0.071%$652K$95K50xas long as short
Aster EDGEUSDT+0.0532%4h0.6010+0.138%$69K$133K5xas long as short
MEXC EDGE_USDT+0.0546%4h0.6010+0.138%$1.2M$913K50xas long as short
Extended EDGE-USDlong+0.0552%1h0.6002long leg$27K$192K5x
Binance EDGEUSDT+0.0552%4h0.6016+0.243%$10.3M$10.3M50xas long as short
Orderly PERP_EDGE_USDC+0.0782%4h0.6001−0.012%$3K10xas long as short