Funding you earn now, next payment 00:00 UTC−0.0524%/8h= −57.4% APRpaid last 24h −0.060%
Price spread now: Bybit against Extended−0.140%7-day average −0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$285as in the Funding arb table
Net, price: spread back to 7d avg − costs−$271as in the Price arb table
costs, in and out, $10k−$2612.609% of the position
Funding, last 7 days−0.236%−$24 on $10k
+Price spread, last 4 days (all we have)+0.116%+$12 · spread now −0.140%, 7d avg −0.034%
=Together, before fees−0.120%+ Points / potential airdropExtended: Active · farm board−$12 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and Bybit is 0.106% cheaper against Extended than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.034%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.236% in total (about -12.3% a year). A funding rate is set anew for every payment. 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 | Extended EDGE-USD | 0.5969 | 0.0624 | pay 0.0078% / 1h | 11m 43s | $27K | $230K | 5x |
| Short | Bybit EDGEUSDT | 0.5961 | 0.0100 | get 0.0050% / 4h | 11m 43s | $7.0M | $3.3M | 25x |
Extended EDGE-USD
Bybit EDGEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Extended. 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
- −$110.04
- Price spread: −0.140% → −0.034%
- −$10.57
- Slippage, 4 orders
- −$244.91
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$381.51
- Costs to cover
- 2.609%
- Break-even
- never at this rate
Slippage from Extended: live order book, 65 min ago; Bybit: live order book, 1 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 Extended live order book, 65 min ago | 1.19 bp | 12.9 bp −$13 | 434.4 bp −$4,344 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 1.67 bp | 46.7 bp −$47 | 325.2 bp −$3,252 | 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 | −0.336% | $55K | $8K | 3x | as long as short |
| Bybit EDGEUSDTshort | +0.0100% | 4h | 0.5961 | −0.140% | $7.0M | $3.3M | 25x | |
| Bitget EDGEUSDT | +0.0100% | 4h | 0.5966 | −0.056% | $4.7M | $1.0M | 20x | as long as short |
| Backpack EDGE_USDC_PERP | +0.0100% | 1h | 0.5962 | −0.118% | $58K | $101K | 3.3x | as long as short |
| Variational Omni EDGE | +0.0100% | 4h | 0.5963 | −0.113% | $193K | $131K | — | as long as short |
| GRVT EDGE_USDT_Perp | +0.0100% | 4h | 0.5973 | +0.061% | $7K | $1.8M | 10x | as long as short |
| ApeX Omni EDGEUSDT | +0.0100% | 1h | 0.5977 | +0.128% | $9K | $288K | 50x | as long as short |
| SunX EDGE-USDT | +0.0100% | 4h | 0.5934 | −0.592% | $3K | $611K | 10x | as long as short |
| KuCoin EDGEUSDTM | +0.0172% | 4h | 0.5967 | −0.040% | $2.1M | $2.2M | 50x | as long as short |
| BloFin EDGE-USDT | +0.0591% | 4h | 0.5977 | +0.128% | $644K | $96K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster EDGEUSDT | +0.0610% | 4h | 0.5971 | +0.027% | $69K | $133K | 5x | as long as short |
| MEXC EDGE_USDT | +0.0622% | 4h | 0.5970 | +0.011% | $1.2M | $916K | 50x | as long as short |
| Extended EDGE-USDlong | +0.0624% | 1h | 0.5969 | long leg | $27K | $230K | 5x | |
| Binance EDGEUSDT | +0.0625% | 4h | 0.5968 | −0.023% | $10.1M | $10.1M | 50x | as long as short |
| OKX EDGE-USDT-SWAP | +0.0687% | 4h | 0.5968 | −0.023% | $3.7M | $5.9M | 20x | as long as short |
| edgeX EDGEUSDC | +0.0693% | 4h | 0.5976 | +0.113% | $14.3M | $3.5M | 30x | as long as short |
| Orderly PERP_EDGE_USDC | +0.0719% | 4h | 0.5967 | −0.040% | $3K | — | 10x | as long as short |
Aster EDGEUSDT
MEXC EDGE_USDT
Binance EDGEUSDT
OKX EDGE-USDT-SWAP
edgeX EDGEUSDC
Orderly PERP_EDGE_USDC