EDGE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0016%/8h= +1.8% APRnext payment +$0.08 per $10,000 · paid last 24h +0.043%

Price spread now: Binance against OKX−0.034%7-day average −0.016% · you buy dearer than you sell

Net, funding: paid 7d − costs−$116as in the Funding arb table

Net, price: spread back to 7d avg − costs−$135as in the Price arb table

costs, in and out, $10k−$1331.330% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.165%+$17 on $10k

Price spread, last 7 days+0.048%+$5 · spread now −0.034%, 7d avg −0.016%

Together, before fees+0.214%+$21 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.016%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX EDGE-USDT-SWAP	0.5833	0.0183	pay 0.0092% / 4h	2h 54m	$3.6M	$5.7M	20x
Short	Binance EDGEUSDT	0.5831	0.0200	get 0.0100% / 4h	2h 54m	$9.9M	$10.0M	50x

Funding history

latest

Range statsloading…

Binance against OKX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee OKXbpFee BinancebpOrdersPrice spread, now −0.034%Rate

Slippage from OKX: live order book, 3 min ago; Binance: live order book, 15 min ago.

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, 3 min ago	5.13 bp	24.0 bp −$24	146.8 bp −$1,468	doesn't fit	doesn't fit
Sell Binance live order book, 15 min ago	0.85 bp	39.7 bp −$40	177.9 bp −$1,779	doesn't fit	doesn't fit

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	−0.0629%	1h	0.5829	−0.075%	$59K	$100K	3.3x	as long as short
Lighter EDGE	+0.0096%	1h	0.5815	−0.315%	$54K	$9K	3x	as long as short
Bybit EDGEUSDT	+0.0100%	4h	0.5819	−0.240%	$6.9M	$3.3M	25x	as long as short
KuCoin EDGEUSDTM	+0.0100%	4h	0.5828	−0.086%	$2.1M	$2.3M	50x	as long as short
Bitget EDGEUSDT	+0.0100%	4h	0.5821	−0.206%	$4.6M	$986K	20x	as long as short
Variational Omni EDGE	+0.0100%	4h	0.5819	−0.232%	$190K	$130K	—	as long as short
GRVT EDGE_USDT_Perp	+0.0100%	4h	0.5837	+0.069%	$12K	$1.7M	10x	as long as short
SunX EDGE-USDT	+0.0100%	4h	0.6099	+4.560%	$4K	$597K	10x	as long as short
ApeX Omni EDGEUSDT	+0.0147%	1h	0.5844	+0.189%	$2K	$293K	50x	as long as short
BloFin EDGE-USDT	+0.0160%	4h	0.5826	−0.120%	$630K	$124K	50x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster EDGEUSDT	+0.0175%	4h	0.5834	+0.021%	$67K	$134K	5x	as long as short
OKX EDGE-USDT-SWAPlong	+0.0183%	4h	0.5833	long leg	$3.6M	$5.7M	20x
edgeX EDGEUSDC	+0.0196%	4h	0.5853	+0.350%	$14.0M	$3.4M	30x	as long as short
Binance EDGEUSDTshort	+0.0200%	4h	0.5831	−0.034%	$9.9M	$10.0M	50x
Extended EDGE-USD	+0.0200%	1h	0.5825	−0.139%	$26K	$230K	5x	as long as short
MEXC EDGE_USDT	+0.0206%	4h	0.5831	−0.034%	$1.2M	$918K	50x	as long as short
Orderly PERP_EDGE_USDC	+0.0365%	4h	0.5832	−0.017%	$3K	—	10x	as long as short