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

EDGE

all EDGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0003%/8h= −0.3% APRnext payment $0.01 per $10,000 · paid last 24h −0.013%
Price spread now: MEXC against Aster+0.126%7-day average −0.012% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$192as in the Price arb table
costs, in and out, $10k−$2062.063% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.016%−$2 on $10k
Price spread, last 4 days (all we have)−0.177%−$18 · spread now +0.126%, 7d avg −0.012%
Together, before fees−0.193%+ Points / potential airdropAster: Stage 5 · farm board−$19 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.138% dearer against Aster than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of −0.012%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster EDGEUSDT0.59900.0601pay 0.0300% / 4h26m 47s$69K$135K5x
ShortMEXC EDGE_USDT0.59980.0598get 0.0299% / 4h26m 47s$1.2M$915K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
−$0.59
Price spread: +0.126% → −0.012%
$13.83
Slippage, 4 orders
−$190.25
Fee Aster: 4 bp × 2 orders
−$8
Fee MEXC: 4 bp × 2 orders
−$8
Net
−$193.01
Costs to cover
2.063%
Break-even
never at this rate
Slippage from Aster: live order book, 49 min ago; MEXC: live order book, 4 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, 49 min ago5.11 bp153.6 bp −$154doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 4 min ago0.84 bp8.6 bp −$972.1 bp −$721275.0 bp −$27.5K854.5 bp −$427.2K

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+0.0005%1h0.5989−0.019%$58K$100K3.3xas long as short
Lighter EDGE+0.0096%1h0.5971−0.328%$55K$8K3xas long as short
Bybit EDGEUSDT+0.0100%4h0.5992+0.026%$7.1M$3.3M25xas long as short
Bitget EDGEUSDT+0.0100%4h0.5998+0.126%$4.8M$999K20xas long as short
Variational Omni EDGE+0.0100%4h0.5968−0.378%$193K$131Kas long as short
GRVT EDGE_USDT_Perp+0.0100%4h0.5979−0.195%$7K$1.8M10xas long as short
ApeX Omni EDGEUSDT+0.0100%1h0.5978−0.208%$9K$288K50xas long as short
SunX EDGE-USDT+0.0100%4h0.5929−1.026%$3K$612K10xas long as short
KuCoin EDGEUSDTM+0.0148%4h0.5988−0.041%$2.1M$2.2M50xas long as short
BloFin EDGE-USDT+0.0563%4h0.5982−0.141%$648K$112K50xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC EDGE_USDTshort+0.0598%4h0.5998+0.126%$1.2M$915K50x
Binance EDGEUSDT+0.0599%4h0.5997+0.109%$10.2M$10.1M50xas long as short
Extended EDGE-USD+0.0600%1h0.5994+0.066%$27K$230K5xas long as short
Aster EDGEUSDTlong+0.0601%4h0.5990long leg$69K$135K5x
Orderly PERP_EDGE_USDC+0.0679%4h0.5981−0.158%$3K10xas long as short
OKX EDGE-USDT-SWAP+0.0702%4h0.5998+0.126%$3.7M$5.9M20xas long as short
edgeX EDGEUSDC+0.0706%4h0.5978−0.212%$14.3M$3.5M30xas long as short