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

EDGE

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0227%/8h= −24.9% APRnext payment $1.14 per $10,000 · paid last 24h −0.105%
Price spread now: Bitget against Aster−0.050%7-day average −0.077% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$202as in the Price arb table
costs, in and out, $10k−$2052.050% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)−0.249%−$25 on $10k
Price spread, last 4 days (all we have)−0.132%−$13 · spread now −0.050%, 7d avg −0.077%
Together, before fees−0.381%+ Points / potential airdropAster: Stage 5 · farm board−$38 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.026% dearer against Aster than usual: you sell high and buy low (spread −0.050% now, against its 7-day average of −0.077%): +$3 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 9 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster EDGEUSDT0.60010.0327pay 0.0164% / 4h1h 37m$53K$156K5x
ShortBitget EDGEUSDT0.59980.0100get 0.0050% / 4h1h 37m$4.8M$1.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Aster. 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

Funding earned
−$47.67
Price spread: −0.050% → −0.077%
$2.61
Slippage, 4 orders
−$184.99
Fee Aster: 4 bp × 2 orders
−$8
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$250.06
Costs to cover
2.050%
Break-even
never at this rate
Slippage from Aster: live order book, 4 min ago; Bitget: live order book, 1 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 Aster live order book, 4 min ago5.00 bp69.3 bp −$69doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 1 min ago8.34 bp34.5 bp −$35285.6 bp −$2,856doesn'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−0.0462%1h0.6001−0.005%$59K$120K3.3xas long as short
Lighter EDGE+0.0096%1h0.5988−0.217%$44K$22K3xas long as short
Bybit EDGEUSDT+0.0100%4h0.5991−0.167%$7.2M$3.4M25xas long as short
KuCoin EDGEUSDTM+0.0100%4h0.6003+0.033%$2.1M$2.2M50xas long as short
Bitget EDGEUSDTshort+0.0100%4h0.5998−0.050%$4.8M$1.1M20x
Variational Omni EDGE+0.0100%4h0.5992−0.151%$190K$144Kas long as short
GRVT EDGE_USDT_Perp+0.0100%4h0.6010+0.150%$7K$2.9M10xas long as short
ApeX Omni EDGEUSDT+0.0100%1h0.6004+0.050%$9K$295K50xas long as short
SunX EDGE-USDT+0.0100%4h0.6279+4.632%$4K$642K10xas long as short
Aster EDGEUSDTlong+0.0327%4h0.6001long leg$53K$156K5x
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin EDGE-USDT+0.0475%4h0.5995−0.100%$666K$106K50xas long as short
OKX EDGE-USDT-SWAP+0.0480%4h0.6002+0.016%$3.8M$6.1M20xas long as short
edgeX EDGEUSDC+0.0481%4h0.6004+0.050%$14.4M$3.7M30xas long as short
Binance EDGEUSDT+0.0485%4h0.6000−0.014%$10.3M$10.8M50xas long as short
Extended EDGE-USD+0.0488%1h0.6000−0.017%$29K$84K5xas long as short
MEXC EDGE_USDT+0.0488%4h0.5999−0.034%$1.1M$801K50xas long as short
Orderly PERP_EDGE_USDC+0.0625%4h0.60010.000%$3K$1K10xas long as short