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

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0153%/8h= +16.8% APRnext payment +$0.77 per $10,000 · paid last 24h +0.016%
Price spread now: Orderly against Aster+0.034%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Orderly is 0.034% dearer against Aster than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster EDGEUSDT0.59370.0436pay 0.0218% / 4h3h 01m$53K$155K5x
ShortOrderly PERP_EDGE_USDC0.59390.0589get 0.0295% / 4h3h 01m$3K$1K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
$32.15
Price spread: +0.034% → 0.000%
$3.37
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Orderly: 3 bp × 2 orders
−$6
Net
$21.52
Costs to cover
0.140%
Break-even
2.3 days
Slippage unknown: Aster: live order book, 49 min ago; Orderly: no order-book sample. Net counts fees only.

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 ago5.89 bp62.7 bp −$63doesn't fitdoesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%1h0.5927−0.163%$43K$19K3xas long as short
Bybit EDGEUSDT+0.0100%4h0.5934−0.051%$7.1M$3.3M25xas long as short
KuCoin EDGEUSDTM+0.0100%4h0.5942+0.084%$2.1M$2.2M50xas long as short
Bitget EDGEUSDT+0.0100%4h0.5938+0.017%$4.7M$1.1M20xas long as short
Backpack EDGE_USDC_PERP+0.0100%1h0.5933−0.069%$57K$114K3.3xas long as short
Variational Omni EDGE+0.0100%4h0.5948+0.193%$187K$144Kas long as short
GRVT EDGE_USDT_Perp+0.0100%4h0.5951+0.237%$1K$2.6M10xas long as short
ApeX Omni EDGEUSDT+0.0100%1h0.5969+0.539%$9K$305K50xas long as short
SunX EDGE-USDT+0.0100%4h0.5905−0.539%$4K$629K10xas long as short
Aster EDGEUSDTlong+0.0436%4h0.5937long leg$53K$155K5x
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin EDGE-USDT+0.0506%4h0.5946+0.152%$659K$103K50xas long as short
MEXC EDGE_USDT+0.0516%4h0.5942+0.084%$1.1M$867K50xas long as short
Binance EDGEUSDT+0.0518%4h0.5943+0.098%$10.2M$10.5M50xas long as short
Extended EDGE-USD+0.0520%1h0.5934−0.043%$28K$82K5xas long as short
OKX EDGE-USDT-SWAP+0.0557%4h0.5943+0.101%$3.7M$5.8M20xas long as short
edgeX EDGEUSDC+0.0587%4h0.5960+0.384%$14.3M$3.7M30xas long as short
Orderly PERP_EDGE_USDCshort+0.0589%4h0.5939+0.034%$3K$1K10x