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

EDGE

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Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0002%/8h= +0.2% APRpaid last 24h −0.012%
Price spread now: Extended against Binance−0.018%7-day average −0.058% · you buy dearer than you sell
Net, funding: paid 7d − costs−$196as in the Funding arb table
Net, price: spread back to 7d avg − costs−$191as in the Price arb table
costs, in and out, $10k−$1951.949% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.013%−$1 on $10k
Price spread, last 4 days (all we have)−0.091%−$9 · spread now −0.018%, 7d avg −0.058%
Together, before fees−0.104%+ Points / potential airdropExtended: Active · farm board−$10 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: Extended is 0.039% dearer against Binance than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.058%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance EDGEUSDT0.59590.0566pay 0.0283% / 4h3h 02m$10.4M$11.0M50x
ShortExtended EDGE-USD0.59580.0568get 0.0071% / 1h2m 08s$28K$267K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.42
Price spread: −0.018% → −0.058%
$3.95
Slippage, 4 orders
−$179.94
Fee Binance: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$190.57
Costs to cover
1.949%
Break-even
3151.8 days
Slippage from Binance: live order book, 8 min ago; Extended: live order book, 51 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 ago1.68 bp29.3 bp −$29215.6 bp −$2,156doesn't fitdoesn't fit
Sell Extended live order book, 51 min ago3.26 bp90.2 bp −$90doesn'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%1h0.5946−0.216%$43K$22K3xas long as short
Bybit EDGEUSDT+0.0100%4h0.5940−0.319%$7.2M$3.4M25xas long as short
Bitget EDGEUSDT+0.0100%4h0.5944−0.252%$4.7M$1.1M20xas long as short
Backpack EDGE_USDC_PERP+0.0100%1h0.5958−0.023%$60K$124K3.3xas long as short
Variational Omni EDGE+0.0100%4h0.5934−0.428%$187K$145Kas long as short
GRVT EDGE_USDT_Perp+0.0100%4h0.5942−0.285%$2K$3.4M10xas long as short
ApeX Omni EDGEUSDT+0.0100%1h0.5947−0.201%$9K$295K50xas long as short
SunX EDGE-USDT+0.0100%4h0.5915−0.738%$4K$648K10xas long as short
KuCoin EDGEUSDTM+0.0166%4h0.5955−0.067%$2.1M$2.2M50xas long as short
Aster EDGEUSDT+0.0380%4h0.5951−0.137%$52K$157K5xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX EDGEUSDC+0.0513%4h0.5943−0.271%$14.3M$3.8M30xas long as short
OKX EDGE-USDT-SWAP+0.0517%4h0.5961+0.034%$3.7M$6.1M20xas long as short
BloFin EDGE-USDT+0.0552%4h0.5949−0.168%$668K$106K50xas long as short
MEXC EDGE_USDT+0.0564%4h0.5957−0.034%$1.1M$737K50xas long as short
Binance EDGEUSDTlong+0.0566%4h0.5959long leg$10.4M$11.0M50x
Extended EDGE-USDshort+0.0568%1h0.5958−0.018%$28K$267K5x
Orderly PERP_EDGE_USDC+0.0670%4h0.5953−0.101%$2K$1K10xas long as short