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

EDGE

all EDGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0193%/8h= +21.2% APRpaid last 24h −0.008%
Price spread now: Extended against Aster−0.057%7-day average −0.063% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$274as in the Price arb table
costs, in and out, $10k−$2742.742% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)−0.003%$0 on $10k
Price spread, last 4 days (all we have)+0.002%$0 · spread now −0.057%, 7d avg −0.063%
Together, before fees−0.001%+ Points / potential airdropAster: Stage 5 · Extended: Active · farm board$0 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.063%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 6 days it paid -0.003% in total (about -0.2% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster EDGEUSDT0.59970.0375pay 0.0187% / 4h3h 54m$52K$152K5x
ShortExtended EDGE-USD0.59940.0568get 0.0071% / 1h54m 40s$29K$267K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$40.58
Price spread: −0.057% → −0.063%
$0.65
Slippage, 4 orders
−$261.19
Fee Aster: 4 bp × 2 orders
−$8
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$232.97
Costs to cover
2.742%
Break-even
47.2 days
Slippage from Aster: live order book, 42 min ago; Extended: live order book, 63 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, 42 min ago5.82 bp96.3 bp −$96doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 63 min ago3.39 bp95.4 bp −$95doesn'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
Lighter EDGE+0.0096%1h0.5981−0.264%$44K$22K3xas long as short
Bybit EDGEUSDT+0.0100%4h0.5983−0.237%$7.3M$3.4M25xas long as short
Bitget EDGEUSDT+0.0100%4h0.5994−0.054%$4.8M$1.1M20xas long as short
Backpack EDGE_USDC_PERP+0.0100%1h0.5995−0.039%$58K$122K3.3xas long as short
Variational Omni EDGE+0.0100%4h0.5993−0.079%$189K$145Kas long as short
ApeX Omni EDGEUSDT+0.0100%1h0.6010+0.213%$9K$296K50xas long as short
SunX EDGE-USDT+0.0100%4h0.5945−0.871%$4K$645K10xas long as short
KuCoin EDGEUSDTM+0.0192%4h0.5993−0.070%$2.1M$2.2M50xas long as short
GRVT EDGE_USDT_Perp+0.0302%4h0.6007+0.167%$5K$3.2M10xas long as short
Aster EDGEUSDTlong+0.0375%4h0.5997long leg$52K$152K5x
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin EDGE-USDT+0.0518%4h0.5994−0.054%$671K$106K50xas long as short
MEXC EDGE_USDT+0.0566%4h0.5996−0.020%$1.1M$717K50xas long as short
Binance EDGEUSDT+0.0568%4h0.5992−0.087%$10.4M$11.0M50xas long as short
Extended EDGE-USDshort+0.0568%1h0.5994−0.057%$29K$267K5x
edgeX EDGEUSDC+0.0593%4h0.6006+0.151%$14.5M$3.7M30xas long as short
OKX EDGE-USDT-SWAP+0.0595%4h0.5994−0.054%$3.8M$6.2M20xas long as short
Orderly PERP_EDGE_USDC+0.0655%4h0.5993−0.070%$2K$1K10xas long as short