Settings8H · net · $10k
Funding arb · Price arb /

EDGE

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Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0468%/8h= +51.2% APRnext payment +$0.58 per $10,000 · paid last 24h +0.066%
Price spread now: Extended against ApeX Omni−0.147%7-day average −0.067% · you buy dearer than you sell
Net, funding: paid 7d − costs−$540as in the Funding arb table
Net, price: spread back to 7d avg − costs−$571as in the Price arb table
costs, in and out, $10k−$5635.631% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.233%+$23 on $10k
Price spread, last 3 days (all we have)−0.029%−$3 · spread now −0.147%, 7d avg −0.067%
Together, before fees+0.203%+ Points / potential airdropExtended: Active · farm board+$20 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.079% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.147% now, against its 7-day average of −0.067%). If the spread goes back, that is −$8 on $10k: about 14 hours of funding at the current rate (+$14 a day). At the pace of the last 7 days (+0.233% in total) that is about 2.4 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.233% in total (about 12.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.58 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni EDGEUSDT0.59850.0100pay 0.0013% / 1h29m 30s$9K$293K50x
ShortExtended EDGE-USD0.59760.0568get 0.0071% / 1h29m 30s$27K$224K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against ApeX Omni. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$98.28
Price spread: −0.147% → −0.067%
−$7.94
Slippage, 4 orders
−$548.1
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$472.76
Costs to cover
5.631%
Break-even
40.7 days
Slippage from ApeX Omni: live order book, 43 min ago; Extended: live order book, 43 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 43 min ago25.93 bp216.2 bp −$216doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 43 min ago4.87 bp113.9 bp −$114doesn't fitdoesn't fitdoesn't fit

EDGE on 17 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack EDGE_USDC_PERP+0.0013%1h0.5991+0.097%$57K$101K3.3xas long as short
Lighter EDGE+0.0096%1h0.5967−0.294%$49K$14K3xas long as short
Bybit EDGEUSDT+0.0100%4h0.5969−0.267%$7.1M$3.3M25xas long as short
KuCoin EDGEUSDTM+0.0100%4h0.5983−0.033%$2.1M$2.2M50xas long as short
Bitget EDGEUSDT+0.0100%4h0.5979−0.100%$4.8M$1.0M20xas long as short
Variational Omni EDGE+0.0100%4h0.5982−0.049%$191K$127Kas long as short
GRVT EDGE_USDT_Perp+0.0100%4h0.5989+0.071%$10K$1.9M10xas long as short
ApeX Omni EDGEUSDTlong+0.0100%1h0.5985long leg$9K$293K50x
SunX EDGE-USDT+0.0100%4h0.5950−0.585%$4K$615K10xas long as short
OKX EDGE-USDT-SWAP+0.0487%4h0.5974−0.184%$3.7M$5.9M20xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX EDGEUSDC+0.0513%4h0.5992+0.110%$14.3M$3.6M30xas long as short
BloFin EDGE-USDT+0.0536%4h0.5990+0.084%$652K$96K50xas long as short
Aster EDGEUSDT+0.0556%4h0.5988+0.056%$69K$133K5xas long as short
MEXC EDGE_USDT+0.0566%4h0.5978−0.117%$1.2M$913K50xas long as short
Binance EDGEUSDT+0.0567%4h0.5979−0.097%$10.2M$10.2M50xas long as short
Extended EDGE-USDshort+0.0568%1h0.5976−0.147%$27K$224K5x
Orderly PERP_EDGE_USDC+0.0759%4h0.5974−0.184%$3K10xas long as short