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+0.0150%/8h= +16.5% APRnext payment +$0.75 per $10,000 · paid last 24h −0.051%
Price spread now: edgeX against Aster−0.605%90s7-day average +0.005% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$2192.189% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)−0.150%−$15 on $10k
Price spread, last 4 days (all we have)−0.399%−$40 · spread now −0.605%, 7d avg +0.005%
Together, before fees−0.549%+ Points / potential airdropAster: Stage 5 · edgeX: Active · farm board−$55 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.610% cheaper against Aster than usual: you would sell low and buy high (spread −0.605% now, against its 7-day average of +0.005%). If the spread goes back, that is −$61 on $10k: about 14 days of funding at the current rate (+$5 a day). Mind the row above: over the last 6 days funding on this pair cost −0.150%, so the current rate has only just turned in your favour. The two prices were read 90 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster EDGEUSDT0.60020.0342pay 0.0171% / 4h2h 13m$53K$155K5x
ShortedgeX EDGEUSDC0.59660.0492get 0.0246% / 4h2h 13m$14.3M$3.6M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
$31.58
Price spread: −0.605% → +0.005%
−$61.02
Slippage, 4 orders
−$201.88
Fee Aster: 4 bp × 2 orders
−$8
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$248.31
Costs to cover
2.189%
Break-even
62.0 days
Slippage from Aster: live order book, 32 min ago; edgeX: live order book, 5 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, 32 min ago5.06 bp127.2 bp −$127doesn't fitdoesn't fitdoesn't fit
Sell edgeX live order book, 5 min ago5.01 bp42.4 bp −$42145.6 bp −$1,456doesn'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+0.0094%1h0.6019+0.276%$60K$117K3.3xas long as short
Lighter EDGE+0.0096%1h0.6004+0.021%$44K$19K3xas long as short
Bybit EDGEUSDT+0.0100%4h0.6007+0.076%$7.2M$3.3M25xas long as short
KuCoin EDGEUSDTM+0.0100%4h0.6010+0.126%$2.2M$2.2M50xas long as short
Bitget EDGEUSDT+0.0100%4h0.6004+0.026%$4.8M$1.1M20xas long as short
Variational Omni EDGE+0.0100%4h0.5951−0.857%$188K$144Kas long as short
GRVT EDGE_USDT_Perp+0.0100%4h0.5980−0.374%$9K$2.8M10xas long as short
ApeX Omni EDGEUSDT+0.0100%1h0.5969−0.557%$9K$295K50xas long as short
SunX EDGE-USDT+0.0100%4h0.5970−0.541%$4K$634K10xas long as short
Aster EDGEUSDTlong+0.0342%4h0.6002long leg$53K$155K5x
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC EDGE_USDT+0.0460%4h0.6018+0.259%$1.1M$822K50xas long as short
Binance EDGEUSDT+0.0469%4h0.6017+0.242%$10.3M$10.7M50xas long as short
Extended EDGE-USD+0.0472%1h0.6012+0.166%$27K$87K5xas long as short
BloFin EDGE-USDT+0.0479%4h0.5976−0.441%$651K$103K50xas long as short
OKX EDGE-USDT-SWAP+0.0480%4h0.6018+0.259%$3.8M$6.1M20xas long as short
edgeX EDGEUSDCshort+0.0492%4h0.5966−0.605%$14.3M$3.6M30x
Orderly PERP_EDGE_USDC+0.0595%4h0.6007+0.076%$3K$1K10xas long as short