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

EDGE

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0056%/8h= −6.1% APRnext payment $0.28 per $10,000 · paid last 24h −0.018%
Price spread now: BloFin against Aster−0.041%7-day average +0.053% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$248as in the Price arb table
costs, in and out, $10k−$2392.390% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.039%−$4 on $10k
Price spread, last 3 days (all we have)+0.314%+$31 · spread now −0.041%, 7d avg +0.053%
Together, before fees+0.275%+ Points / potential airdropAster: Stage 5 · farm board+$27 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and BloFin is 0.094% cheaper against Aster than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.053%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster EDGEUSDT0.59800.0656pay 0.0328% / 4h43m 09s$69K$135K5x
ShortBloFin EDGE-USDT0.59780.0600get 0.0300% / 4h43m 09s$643K$128K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
−$11.77
Price spread: −0.041% → +0.053%
−$9.39
Slippage, 4 orders
−$219.04
Fee Aster: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$260.21
Costs to cover
2.390%
Break-even
never at this rate
Slippage from Aster: live order book, 33 min ago; BloFin: live order book, 33 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, 33 min ago5.11 bp153.6 bp −$154doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 33 min ago5.97 bp24.2 bp −$2488.4 bp −$884doesn'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
Lighter EDGE+0.0096%1h0.5963−0.297%$55K$8K3xas long as short
Bybit EDGEUSDT+0.0100%4h0.5972−0.141%$7.1M$3.3M25xas long as short
Bitget EDGEUSDT+0.0100%4h0.5979−0.024%$4.7M$1.0M20xas long as short
Backpack EDGE_USDC_PERP+0.0100%1h0.5974−0.111%$58K$100K3.3xas long as short
Variational Omni EDGE+0.0100%4h0.5973−0.120%$193K$131Kas long as short
GRVT EDGE_USDT_Perp+0.0100%4h0.5979−0.024%$4K$1.8M10xas long as short
ApeX Omni EDGEUSDT+0.0100%1h0.5981+0.009%$8K$288K50xas long as short
SunX EDGE-USDT+0.0100%4h0.5932−0.810%$4K$609K10xas long as short
KuCoin EDGEUSDTM+0.0200%4h0.5978−0.041%$2.1M$2.2M50xas long as short
BloFin EDGE-USDTshort+0.0600%4h0.5978−0.041%$643K$128K50x
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance EDGEUSDT+0.0639%4h0.5976−0.075%$10.1M$10.1M50xas long as short
Extended EDGE-USD+0.0640%1h0.5973−0.117%$27K$230K5xas long as short
MEXC EDGE_USDT+0.0646%4h0.5976−0.074%$1.2M$915K50xas long as short
Aster EDGEUSDTlong+0.0656%4h0.5980long leg$69K$135K5x
Orderly PERP_EDGE_USDC+0.0664%4h0.5970−0.175%$3K10xas long as short
OKX EDGE-USDT-SWAP+0.0772%4h0.5979−0.024%$3.7M$5.9M20xas long as short
edgeX EDGEUSDC+0.0796%4h0.5980−0.008%$14.3M$3.5M30xas long as short