Funding you earn now, next payment 23:00 UTC+0.0374%/8h= +41.0% APRpaid last 24h +0.050%
Price spread now: BloFin against ApeX Omni−0.017%7-day average +0.055% · you buy dearer than you sell
Net, funding: paid 7d − costs−$407as in the Funding arb table
Net, price: spread back to 7d avg − costs−$434as in the Price arb table
costs, in and out, $10k−$4264.265% of the position
Funding, last 7 days+0.193%+$19 on $10k
+Price spread, last 3 days (all we have)+0.266%+$27 · spread now −0.017%, 7d avg +0.055%
=Funding pays, the price is against you. BloFin is 0.072% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.017% now, against its 7-day average of +0.055%). If the spread goes back, that is −$7 on $10k: about 15 hours of funding at the current rate (+$11 a day). At the pace of the last 7 days (+0.193% in total) that is about 2.6 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.193% in total (about 10.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni EDGEUSDT | 0.5895 | 0.0100 | pay 0.0013% / 1h | 5m 12s | $8K | $294K | 50x |
| Short | BloFin EDGE-USDT | 0.5894 | 0.0474 | get 0.0237% / 4h | 1h 05m | $634K | $126K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against ApeX Omni. 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
- $78.6
- Price spread: −0.017% → +0.055%
- −$7.24
- Slippage, 4 orders
- −$404.47
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$355.11
- Costs to cover
- 4.265%
- Break-even
- 38.6 days
Slippage from ApeX Omni: live order book, 12 min ago; BloFin: live order book, 11 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 ApeX Omni live order book, 12 min ago | 19.56 bp | 180.0 bp −$180 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 11 min ago | 5.97 bp | 24.2 bp −$24 | 88.4 bp −$884 | 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 | 0.5878 | −0.285% | $55K | $8K | 3x | as long as short |
| Bybit EDGEUSDT | +0.0100% | 4h | 0.5889 | −0.102% | $7.0M | $3.3M | 25x | as long as short |
| Bitget EDGEUSDT | +0.0100% | 4h | 0.5889 | −0.102% | $4.7M | $996K | 20x | as long as short |
| Backpack EDGE_USDC_PERP | +0.0100% | 1h | 0.5888 | −0.117% | $60K | $100K | 3.3x | as long as short |
| Variational Omni EDGE | +0.0100% | 4h | 0.5881 | −0.234% | $191K | $130K | — | as long as short |
| GRVT EDGE_USDT_Perp | +0.0100% | 4h | 0.5873 | −0.370% | $12K | $1.8M | 10x | as long as short |
| ApeX Omni EDGEUSDTlong | +0.0100% | 1h | 0.5895 | long leg | $8K | $294K | 50x | |
| SunX EDGE-USDT | +0.0100% | 4h | 0.5846 | −0.831% | $3K | $610K | 10x | as long as short |
| KuCoin EDGEUSDTM | +0.0226% | 4h | 0.5886 | −0.153% | $2.1M | $2.3M | 50x | as long as short |
| BloFin EDGE-USDTshort | +0.0474% | 4h | 0.5894 | −0.017% | $634K | $126K | 50x |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended EDGE-USD | +0.0496% | 1h | 0.5895 | −0.002% | $27K | $230K | 5x | as long as short |
| MEXC EDGE_USDT | +0.0498% | 4h | 0.5891 | −0.068% | $1.2M | $921K | 50x | as long as short |
| Binance EDGEUSDT | +0.0499% | 4h | 0.5896 | +0.017% | $10.0M | $10.1M | 50x | as long as short |
| Aster EDGEUSDT | +0.0518% | 4h | 0.5883 | −0.202% | $68K | $136K | 5x | as long as short |
| edgeX EDGEUSDC | +0.0569% | 4h | 0.5887 | −0.128% | $14.1M | $3.4M | 30x | as long as short |
| Orderly PERP_EDGE_USDC | +0.0591% | 4h | 0.5894 | −0.017% | $3K | — | 10x | as long as short |
| OKX EDGE-USDT-SWAP | +0.0593% | 4h | 0.5895 | 0.000% | $3.6M | $5.8M | 20x | as long as short |
ApeX Omni EDGEUSDT
BloFin EDGE-USDT
Lighter EDGE
Bybit EDGEUSDT
Bitget EDGEUSDT
Backpack EDGE_USDC_PERP
Variational Omni EDGE
GRVT EDGE_USDT_Perp
SunX EDGE-USDT
KuCoin EDGEUSDTM
Extended EDGE-USD
MEXC EDGE_USDT
Binance EDGEUSDT
Aster EDGEUSDT
edgeX EDGEUSDC
OKX EDGE-USDT-SWAP