Funding arb · Price arb /

RE

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.003%

Price spread now: edgeX against Orderly−0.208%71s7-day average — · you buy dearer than you sell

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

Long on Orderly Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropedgeX: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: edgeX is 0.208% cheaper against Orderly than usual: you would sell low and buy high, −$21 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 71 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_RE_USDC_mythos	0.4684	0.0100	pay 0.0050% / 4h	1h 39m	$4K	—	10x
Short	edgeX REUSDC	0.4674	0.0100	get 0.0050% / 4h	1h 39m	$8K	$219K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Orderly. 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 OrderlybpFee edgeXbpOrdersPrice spread, now −0.208%Rate

Funding earned: $0
Price spread: −0.208% → 0.000%: −$20.79
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$35.79
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Orderly: no order-book sample; edgeX: live order book, 22 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 Orderly no order-book sample	—	—	—	—	—
Sell edgeX live order book, 22 min ago	3.19 bp	11.7 bp −$12	doesn't fit	doesn't fit	doesn't fit

Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

RE on 14 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
gTrade (Gains Network) RE/USD	L −0.0025% / S +0.0026%	1h	0.4683	−0.028%	—	—	150x	as long as short
Aster REUSDT	+0.0100%	4h	0.4686	+0.034%	$35K	$27K	20x	as long as short
Binance REUSDT	+0.0100%	4h	0.4683	−0.027%	$8.4M	$8.5M	50x	as long as short
Bybit REUSDT	+0.0100%	4h	0.4684	0.000%	$1.5M	$1.3M	20x	as long as short
OKX RE-USDT-SWAP	+0.0100%	4h	0.4676	−0.171%	$1.8M	$3.4M	20x	as long as short
Gate RE_USDT	+0.0100%	4h	0.4685	+0.021%	$421K	$941K	20x	as long as short
MEXC RE_USDT	+0.0100%	4h	0.4682	−0.043%	$1.2M	$432K	50x	as long as short
KuCoin REUSDTM	+0.0100%	4h	0.4685	+0.026%	$1.4M	$965K	20x	as long as short
Bitget REUSDT	+0.0100%	4h	0.4683	−0.023%	$1.8M	$603K	20x	as long as short
BingX RE-USDT	+0.0100%	4h	0.4679	−0.107%	—	$1.7M	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX REUSDCshort	+0.0100%	4h	0.4674	−0.208%	$8K	$219K	10x
Orderly PERP_RE_USDC_mythoslong	+0.0100%	4h	0.4684	long leg	$4K	—	10x
Extended RE-USD	+0.0104%	1h	0.4682	−0.043%	$796	—	5x	as long as short
BloFin RE-USDT	+0.0130%	4h	0.4672	−0.256%	$369K	$68K	50x	as long as short