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

EDGE

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Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0338%/8h= −37.0% APRpaid last 24h −0.083%
Price spread now: GRVT against Extended+0.221%7-day average +0.162% · you sell dearer than you buy
Net, funding: paid 7d − costs−$272as in the Funding arb table
Net, price: spread back to 7d avg − costs−$241as in the Price arb table
costs, in and out, $10k−$2472.472% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.251%−$25 on $10k
Price spread, last 4 days (all we have)−1.127%−$113 · spread now +0.221%, 7d avg +0.162%
Together, before fees−1.378%+ Points / potential airdropExtended: Active · GRVT: Active · farm board−$138 on $10k · with fees, hour by hour
The price spread pays, funding is against you. GRVT is 0.059% dearer against Extended than usual: you sell high and buy low (spread +0.221% now, against its 7-day average of +0.162%): +$6 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 14 hours. At the pace of the last 7 days (−0.251% in total) that is about 39 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended EDGE-USD0.59790.0536pay 0.0067% / 1h13m 19s$28K$130K5x
ShortGRVT EDGE_USDT_Perp0.59920.0198get 0.0099% / 4h3h 13m$2K$2.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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
−$70.98
Price spread: +0.221% → +0.162%
$5.87
Slippage, 4 orders
−$233.22
Fee Extended: 2.5 bp × 2 orders
−$5
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$312.33
Costs to cover
2.472%
Break-even
never at this rate
Slippage from Extended: live order book, 38 min ago; GRVT: live order book, 5 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, 38 min ago2.78 bp51.6 bp −$52487.2 bp −$4,872doesn't fitdoesn't fit
Sell GRVT live order book, 5 min ago2.50 bp47.3 bp −$47doesn'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%1h0.5975−0.063%$44K$19K3xas long as short
Bybit EDGEUSDT+0.0100%4h0.5980+0.020%$7.2M$3.3M25xas long as short
KuCoin EDGEUSDTM+0.0100%4h0.5984+0.087%$2.1M$2.2M50xas long as short
Bitget EDGEUSDT+0.0100%4h0.5984+0.087%$4.8M$1.1M20xas long as short
Backpack EDGE_USDC_PERP+0.0100%1h0.5980+0.022%$58K$113K3.3xas long as short
Variational Omni EDGE+0.0100%4h0.5991+0.212%$191K$142Kas long as short
ApeX Omni EDGEUSDT+0.0100%1h0.6015+0.606%$9K$305K50xas long as short
SunX EDGE-USDT+0.0100%4h0.5949−0.498%$4K$627K10xas long as short
GRVT EDGE_USDT_Perpshort+0.0198%4h0.5992+0.221%$2K$2.6M10x
Aster EDGEUSDT+0.0472%4h0.5986+0.120%$53K$155K5xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance EDGEUSDT+0.0535%4h0.5986+0.120%$10.3M$10.5M50xas long as short
Extended EDGE-USDlong+0.0536%1h0.5979long leg$28K$130K5x
MEXC EDGE_USDT+0.0544%4h0.5986+0.120%$1.1M$866K50xas long as short
BloFin EDGE-USDT+0.0544%4h0.5980+0.020%$660K$104K50xas long as short
Orderly PERP_EDGE_USDC+0.0587%4h0.5982+0.054%$3K$1K10xas long as short
OKX EDGE-USDT-SWAP+0.0606%4h0.5986+0.120%$3.8M$5.9M20xas long as short
edgeX EDGEUSDC+0.0624%4h0.5998+0.324%$14.4M$3.7M30xas long as short