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−0.0014%/8h= −1.5% APRpaid last 24h −0.038%
Price spread now: edgeX against Extended+0.154%53s7-day average +0.063% · you sell dearer than you buy
Net, funding: paid 7d − costs−$211as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1951.953% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.161%−$16 on $10k
Price spread, last 4 days (all we have)−0.344%−$34 · spread now +0.154%, 7d avg +0.063%
Together, before fees−0.505%+ Points / potential airdropExtended: Active · edgeX: Active · farm board−$51 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.091% dearer against Extended than usual: you sell high and buy low (spread +0.154% now, against its 7-day average of +0.063%): +$9 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 22 days. At the pace of the last 7 days (−0.161% in total) that is about 4.0 days. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended EDGE-USD0.58190.0192pay 0.0024% / 1h50m 35s$26K$230K5x
ShortedgeX EDGEUSDC0.58270.0178get 0.0089% / 4h2h 50m$13.9M$3.4M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
−$2.93
Price spread: +0.154% → +0.063%
$9.12
Slippage, 4 orders
−$181.28
Fee Extended: 2.5 bp × 2 orders
−$5
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$189.09
Costs to cover
1.953%
Break-even
never at this rate
Slippage from Extended: live order book, 36 min ago; edgeX: live order book, 3 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, 36 min ago5.52 bp34.1 bp −$34464.7 bp −$4,647doesn't fitdoesn't fit
Sell edgeX live order book, 3 min ago3.42 bp38.1 bp −$38142.8 bp −$1,428doesn'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−0.0717%1h0.5819+0.011%$59K$100K3.3xas long as short
Lighter EDGE+0.0096%1h0.5809−0.164%$54K$9K3xas long as short
Bybit EDGEUSDT+0.0100%4h0.5815−0.061%$6.9M$3.2M25xas long as short
KuCoin EDGEUSDTM+0.0100%4h0.5820+0.025%$2.1M$2.3M50xas long as short
Bitget EDGEUSDT+0.0100%4h0.5821+0.042%$4.6M$984K20xas long as short
Variational Omni EDGE+0.0100%4h0.5814−0.086%$190K$130Kas long as short
GRVT EDGE_USDT_Perp+0.0100%4h0.5832+0.231%$6K$1.7M10xas long as short
ApeX Omni EDGEUSDT+0.0100%1h0.5834+0.266%$6K$295K50xas long as short
SunX EDGE-USDT+0.0100%4h0.6091+4.683%$4K$598K10xas long as short
OKX EDGE-USDT-SWAP+0.0157%4h0.5830+0.197%$3.6M$5.7M20xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster EDGEUSDT+0.0165%4h0.5828+0.166%$67K$134K5xas long as short
edgeX EDGEUSDCshort+0.0178%4h0.5827+0.154%$13.9M$3.4M30x
BloFin EDGE-USDT+0.0191%4h0.5827+0.145%$629K$124K50xas long as short
Extended EDGE-USDlong+0.0192%1h0.5819long leg$26K$230K5x
MEXC EDGE_USDT+0.0192%4h0.5827+0.145%$1.2M$918K50xas long as short
Binance EDGEUSDT+0.0193%4h0.5822+0.060%$9.9M$10.0M50xas long as short
Orderly PERP_EDGE_USDC+0.0363%4h0.5826+0.128%$3K10xas long as short