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+0.0059%/8h= +6.4% APRnext payment +$0.29 per $10,000 · paid last 24h −0.040%
Price spread now: edgeX against Binance−0.064%7-day average +0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$136as in the Funding arb table
Net, price: spread back to 7d avg − costs−$127as in the Price arb table
costs, in and out, $10k−$1201.196% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.163%−$16 on $10k
Price spread, last 7 days+0.099%+$10 · spread now −0.064%, 7d avg +0.011%
Together, before fees−0.063%+ Points / potential airdropedgeX: Active · farm board−$6 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.076% cheaper against Binance than usual: you would sell low and buy high (spread −0.064% now, against its 7-day average of +0.011%). If the spread goes back, that is −$8 on $10k: about 4.3 days of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.163%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance EDGEUSDT0.58730.0473pay 0.0236% / 4h1h 16m$10.0M$10.1M50x
ShortedgeX EDGEUSDC0.58690.0531get 0.0266% / 4h1h 16m$14.0M$3.4M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Binance. 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
$12.33
Price spread: −0.064% → +0.011%
−$7.57
Slippage, 4 orders
−$100.55
Fee Binance: 5 bp × 2 orders
−$10
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$114.79
Costs to cover
1.196%
Break-even
72.2 days
Slippage from Binance: live order book, 8 min ago; edgeX: live order book, 2 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 Binance live order book, 8 min ago0.85 bp28.5 bp −$29210.1 bp −$2,101doesn't fitdoesn't fit
Sell edgeX live order book, 2 min ago5.10 bp37.8 bp −$38148.6 bp −$1,486doesn'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%1h0.5857−0.281%$54K$8K3xas long as short
Bybit EDGEUSDT+0.0100%4h0.5864−0.153%$6.9M$3.4M25xas long as short
Bitget EDGEUSDT+0.0100%4h0.5870−0.051%$4.7M$1.0M20xas long as short
Backpack EDGE_USDC_PERP+0.0100%1h0.5871−0.027%$60K$100K3.3xas long as short
Variational Omni EDGE+0.0100%4h0.5859−0.234%$191K$130Kas long as short
GRVT EDGE_USDT_Perp+0.0100%4h0.5869−0.076%$12K$1.8M10xas long as short
ApeX Omni EDGEUSDT+0.0100%1h0.5877+0.068%$8K$295K50xas long as short
SunX EDGE-USDT+0.0100%4h0.5830−0.732%$4K$609K10xas long as short
KuCoin EDGEUSDTM+0.0166%4h0.5870−0.051%$2.1M$2.3M50xas long as short
BloFin EDGE-USDT+0.0465%4h0.5878+0.085%$632K$125K50xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC EDGE_USDT+0.0466%4h0.58730.000%$1.2M$921K50xas long as short
Extended EDGE-USD+0.0472%1h0.5868−0.088%$27K$230K5xas long as short
Binance EDGEUSDTlong+0.0473%4h0.5873long leg$10.0M$10.1M50x
Aster EDGEUSDT+0.0483%4h0.5872−0.017%$68K$136K5xas long as short
edgeX EDGEUSDCshort+0.0531%4h0.5869−0.064%$14.0M$3.4M30x
OKX EDGE-USDT-SWAP+0.0550%4h0.5874+0.017%$3.6M$5.8M20xas long as short
Orderly PERP_EDGE_USDC+0.0566%4h0.5874+0.017%$3K10xas long as short