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−0.0344%/8h= −37.7% APRnext payment $1.72 per $10,000 · paid last 24h −0.068%
Price spread now: SunX against Aster−0.651%56s7-day average +0.398% · you buy dearer than you sell
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)−0.208%−$21 on $10k
Price spread, last 3 days (all we have)+2.019%+$202 · spread now −0.651%, 7d avg +0.398%
Together, before fees+1.811%+ Points / potential airdropAster: Stage 5 · farm board+$181 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and SunX is 1.049% cheaper against Aster than usual: you would sell low and buy high (−$105 if the spread goes back to its 7-day average of +0.398%). Swap the legs. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster EDGEUSDT0.58320.0444pay 0.0222% / 4h1h 26m$67K$136K5x
ShortSunX EDGE-USDT0.57940.0100get 0.0050% / 4h1h 26m$4K$608K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$72.33
Price spread: −0.651% → +0.398%
−$104.89
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee SunX: 4 bp × 2 orders
−$8
Net
−$193.23
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Aster: live order book, 55 min ago; SunX: live order book, 45 min ago. 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, 55 min ago4.24 bp358.6 bp −$359doesn't fitdoesn't fitdoesn't fit
Sell SunX live order book, 45 min ago500.64 bpdoesn't fitdoesn'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%1h0.5813−0.327%$54K$8K3xas long as short
Bybit EDGEUSDT+0.0100%4h0.5823−0.154%$6.9M$3.3M25xas long as short
Bitget EDGEUSDT+0.0100%4h0.5825−0.119%$4.6M$995K20xas long as short
Backpack EDGE_USDC_PERP+0.0100%1h0.5828−0.070%$59K$100K3.3xas long as short
Variational Omni EDGE+0.0100%4h0.5807−0.423%$190K$130Kas long as short
GRVT EDGE_USDT_Perp+0.0100%4h0.5824−0.137%$12K$1.8M10xas long as short
ApeX Omni EDGEUSDT+0.0100%1h0.5827−0.085%$8K$294K50xas long as short
SunX EDGE-USDTshort+0.0100%4h0.5794−0.651%$4K$608K10x
KuCoin EDGEUSDTM+0.0180%4h0.5827−0.085%$2.1M$2.3M50xas long as short
Extended EDGE-USD+0.0440%1h0.5825−0.120%$26K$230K5xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC EDGE_USDT+0.0442%4h0.5833+0.018%$1.2M$920K50xas long as short
Aster EDGEUSDTlong+0.0444%4h0.5832long leg$67K$136K5x
Binance EDGEUSDT+0.0445%4h0.5833+0.018%$9.9M$10.1M50xas long as short
edgeX EDGEUSDC+0.0479%4h0.5816−0.268%$13.9M$3.4M30xas long as short
BloFin EDGE-USDT+0.0491%4h0.5837+0.086%$635K$124K50xas long as short
OKX EDGE-USDT-SWAP+0.0514%4h0.5837+0.086%$3.6M$5.8M20xas long as short
Orderly PERP_EDGE_USDC+0.0546%4h0.5830−0.034%$3K10xas long as short