EDGE

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.02 per $10,000 · paid last 24h +0.001%

Price spread now: edgeX against OKX−0.161%7-day average −0.009% · you buy dearer than you sell

Net, funding: paid 7d − costs−$107as in the Funding arb table

Net, price: spread back to 7d avg − costs−$122as in the Price arb table

costs, in and out, $10k−$1071.070% of the position

Long on OKX Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.001%$0 on $10k

Price spread, last 7 days+0.251%+$25 · spread now −0.161%, 7d avg −0.009%

Together, before fees+0.252%+ Points / potential airdropedgeX: Active · farm board+$25 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: edgeX is 0.152% cheaper against OKX than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of −0.009%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX EDGE-USDT-SWAP	0.5930	0.0463	pay 0.0232% / 4h	1h 41m	$3.7M	$5.8M	20x
Short	edgeX EDGEUSDC	0.5920	0.0460	get 0.0230% / 4h	1h 41m	$14.2M	$3.6M	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against OKX. 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 OKXbpFee edgeXbpOrdersPrice spread, now −0.161%Rate

Funding earned: −$0.77
Price spread: −0.161% → −0.009%: −$15.2
Slippage, 4 orders: −$88.03
Fee OKX: 5 bp × 2 orders: −$10
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$123.01
Costs to cover: 1.070%
Break-even: never at this rate

Slippage from OKX: live order book, 2 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy OKX live order book, 2 min ago	3.37 bp	30.2 bp −$30	138.3 bp −$1,383	doesn't fit	doesn't fit
Sell edgeX live order book, 3 min ago	2.53 bp	39.0 bp −$39	142.3 bp −$1,423	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
Lighter EDGE	+0.0096%	1h	0.5915	−0.258%	$43K	$19K	3x	as long as short
Bybit EDGEUSDT	+0.0100%	4h	0.5918	−0.202%	$7.1M	$3.3M	25x	as long as short
KuCoin EDGEUSDTM	+0.0100%	4h	0.5920	−0.169%	$2.1M	$2.2M	50x	as long as short
Bitget EDGEUSDT	+0.0100%	4h	0.5925	−0.084%	$4.7M	$1.1M	20x	as long as short
Backpack EDGE_USDC_PERP	+0.0100%	1h	0.5923	−0.121%	$61K	$105K	3.3x	as long as short
Variational Omni EDGE	+0.0100%	4h	0.5912	−0.298%	$191K	$133K	—	as long as short
GRVT EDGE_USDT_Perp	+0.0100%	4h	0.5924	−0.108%	$3K	$2.1M	10x	as long as short
ApeX Omni EDGEUSDT	+0.0100%	1h	0.5929	−0.017%	$9K	$305K	50x	as long as short
SunX EDGE-USDT	+0.0100%	4h	0.5884	−0.776%	$3K	$619K	10x	as long as short
BloFin EDGE-USDT	+0.0427%	4h	0.5929	−0.017%	$656K	$101K	50x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX EDGEUSDCshort	+0.0460%	4h	0.5920	−0.161%	$14.2M	$3.6M	30x
MEXC EDGE_USDT	+0.0460%	4h	0.5926	−0.067%	$1.1M	$900K	50x	as long as short
Binance EDGEUSDT	+0.0461%	4h	0.5927	−0.048%	$10.1M	$10.4M	50x	as long as short
OKX EDGE-USDT-SWAPlong	+0.0463%	4h	0.5930	long leg	$3.7M	$5.8M	20x
Extended EDGE-USD	+0.0464%	1h	0.5920	−0.170%	$27K	$193K	5x	as long as short
Aster EDGEUSDT	+0.0486%	4h	0.5921	−0.145%	$68K	$129K	5x	as long as short
Orderly PERP_EDGE_USDC	+0.0662%	4h	0.5920	−0.169%	$3K	—	10x	as long as short