Funding you earn now, next payment 08:00 UTC−0.0133%/8h= −14.6% APRnext payment −$0.66 per $10,000 · paid last 24h +0.049%
Price spread now: Aster against OKX−0.045%7-day average −0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$192as in the Price arb table
costs, in and out, $10k−$1881.880% of the position
Funding, last 6 days (all we have)+0.149%+$15 on $10k
+Price spread, last 4 days (all we have)+0.061%+$6 · spread now −0.045%, 7d avg −0.009%
=Together, before fees+0.211%+ Points / potential airdropAster: Stage 5 · farm board+$21 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Aster is 0.036% cheaper against OKX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.009%). Swap the legs. Mind the row above: over the last 6 days funding on this pair paid +0.149%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX EDGE-USDT-SWAP | 0.6010 | 0.0474 | pay 0.0237% / 4h | 1h 07m | $3.8M | $6.1M | 20x |
| Short | Aster EDGEUSDT | 0.6007 | 0.0341 | get 0.0170% / 4h | 1h 07m | $53K | $155K | 5x |
OKX EDGE-USDT-SWAP
Aster EDGEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against OKX. 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
- −$27.92
- Price spread: −0.045% → −0.009%
- −$3.61
- Slippage, 4 orders
- −$169.99
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$219.51
- Costs to cover
- 1.880%
- Break-even
- never at this rate
Slippage from OKX: live order book, 5 min ago; Aster: live order book, 33 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 OKX live order book, 5 min ago | 4.15 bp | 25.4 bp −$25 | 132.4 bp −$1,324 | doesn't fit | doesn't fit |
| Sell Aster live order book, 33 min ago | 5.00 bp | 72.7 bp −$73 | 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 | −0.0169% | 1h | 0.6004 | −0.097% | $57K | $122K | 3.3x | as long as short |
| Lighter EDGE | +0.0096% | 1h | 0.5994 | −0.265% | $44K | $22K | 3x | as long as short |
| Bybit EDGEUSDT | +0.0100% | 4h | 0.5996 | −0.233% | $7.2M | $3.3M | 25x | as long as short |
| KuCoin EDGEUSDTM | +0.0100% | 4h | 0.6012 | +0.033% | $2.1M | $2.2M | 50x | as long as short |
| Bitget EDGEUSDT | +0.0100% | 4h | 0.6008 | −0.033% | $4.8M | $1.1M | 20x | as long as short |
| Variational Omni EDGE | +0.0100% | 4h | 0.6021 | +0.181% | $190K | $144K | — | as long as short |
| GRVT EDGE_USDT_Perp | +0.0100% | 4h | 0.6029 | +0.318% | $2K | $3.0M | 10x | as long as short |
| ApeX Omni EDGEUSDT | +0.0100% | 1h | 0.6038 | +0.466% | $9K | $295K | 50x | as long as short |
| SunX EDGE-USDT | +0.0100% | 4h | 0.5965 | −0.749% | $3K | $641K | 10x | as long as short |
| Aster EDGEUSDTshort | +0.0341% | 4h | 0.6007 | −0.045% | $53K | $155K | 5x |
Backpack EDGE_USDC_PERP
Lighter EDGE
Bybit EDGEUSDT
KuCoin EDGEUSDTM
Bitget EDGEUSDT
Variational Omni EDGE
GRVT EDGE_USDT_Perp
ApeX Omni EDGEUSDT
SunX EDGE-USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX EDGE-USDT-SWAPlong | +0.0474% | 4h | 0.6010 | long leg | $3.8M | $6.1M | 20x | |
| edgeX EDGEUSDC | +0.0476% | 4h | 0.6018 | +0.138% | $14.4M | $3.7M | 30x | as long as short |
| BloFin EDGE-USDT | +0.0500% | 4h | 0.6007 | −0.050% | $663K | $107K | 50x | as long as short |
| MEXC EDGE_USDT | +0.0506% | 4h | 0.6003 | −0.116% | $1.1M | $807K | 50x | as long as short |
| Extended EDGE-USD | +0.0512% | 1h | 0.6005 | −0.086% | $27K | $83K | 5x | as long as short |
| Binance EDGEUSDT | +0.0514% | 4h | 0.6007 | −0.046% | $10.3M | $10.8M | 50x | as long as short |
| Orderly PERP_EDGE_USDC | +0.0633% | 4h | 0.6002 | −0.133% | $3K | $1K | 10x | as long as short |
edgeX EDGEUSDC
BloFin EDGE-USDT
MEXC EDGE_USDT
Extended EDGE-USD
Binance EDGEUSDT
Orderly PERP_EDGE_USDC