Funding arb · Price arb /

EDGE

all EDGE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.020%

Price spread now: ApeX Omni against GRVT+0.037%7-day average −0.034% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on GRVT Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.020%+$2 on $10k

Price spread, last 3 days (all we have)+0.057%+$6 · spread now +0.037%, 7d avg −0.034%

Together, before fees+0.077%+ Points / potential airdropGRVT: Active · farm board+$8 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.071% dearer against GRVT than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.034%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT EDGE_USDT_Perp	0.5835	0.0100	pay 0.0050% / 4h	2h 44m	$3K	$1.7M	10x
Short	ApeX Omni EDGEUSDT	0.5837	0.0100	get 0.0013% / 1h	44m 04s	$6K	$295K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against GRVT. 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

Position, each leg$Hold fordaysFee GRVTbpFee ApeX OmnibpOrdersPrice spread, now +0.037%Rate

Funding earned: $0
Price spread: +0.037% → −0.034%: $7.08
Slippage, 4 orders: no order book: not counted
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$11.92
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: GRVT: live order book, 4 min ago; ApeX Omni: live order book, 43 min ago. Net counts fees only.

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 GRVT live order book, 4 min ago	2.57 bp	70.3 bp −$70	doesn't fit	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 43 min ago	6.78 bp	189.4 bp −$189	doesn't fit	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
Backpack EDGE_USDC_PERP	−0.0651%	1h	0.5848	+0.227%	$59K	$100K	3.3x	as long as short
Lighter EDGE	+0.0096%	1h	0.5836	+0.018%	$54K	$9K	3x	as long as short
Bybit EDGEUSDT	+0.0100%	4h	0.5842	+0.123%	$6.9M	$3.3M	25x	as long as short
KuCoin EDGEUSDTM	+0.0100%	4h	0.5843	+0.140%	$2.1M	$2.3M	50x	as long as short
Bitget EDGEUSDT	+0.0100%	4h	0.5852	+0.294%	$4.7M	$986K	20x	as long as short
Variational Omni EDGE	+0.0100%	4h	0.5825	−0.177%	$190K	$130K	—	as long as short
GRVT EDGE_USDT_Perplong	+0.0100%	4h	0.5835	long leg	$3K	$1.7M	10x
ApeX Omni EDGEUSDTshort	+0.0100%	1h	0.5837	+0.037%	$6K	$295K	50x
SunX EDGE-USDT	+0.0100%	4h	0.6119	+4.870%	$4K	$599K	10x	as long as short
edgeX EDGEUSDC	+0.0158%	4h	0.5836	+0.016%	$13.9M	$3.4M	30x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin EDGE-USDT	+0.0193%	4h	0.5866	+0.534%	$637K	$126K	50x	as long as short
OKX EDGE-USDT-SWAP	+0.0194%	4h	0.5856	+0.363%	$3.6M	$5.7M	20x	as long as short
Aster EDGEUSDT	+0.0201%	4h	0.5848	+0.226%	$67K	$134K	5x	as long as short
MEXC EDGE_USDT	+0.0210%	4h	0.5853	+0.311%	$1.2M	$920K	50x	as long as short
Extended EDGE-USD	+0.0224%	1h	0.5848	+0.231%	$26K	$230K	5x	as long as short
Binance EDGEUSDT	+0.0225%	4h	0.5855	+0.346%	$10.0M	$10.0M	50x	as long as short
Orderly PERP_EDGE_USDC	+0.0362%	4h	0.5854	+0.329%	$3K	—	10x	as long as short