EDGE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0013%/8h= +1.4% APRnext payment +$0.06 per $10,000 · paid last 24h −0.040%

Price spread now: OKX against Binance+0.099%7-day average +0.021% · you sell dearer than you buy

Net, funding: paid 7d − costs−$116as in the Funding arb table

Net, price: spread back to 7d avg − costs−$92as in the Price arb table

costs, in and out, $10k−$1000.995% of the position

Long on Binance Short on OKX

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−0.085%−$9 · spread now +0.099%, 7d avg +0.021%

Together, before fees−0.249%−$25 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and OKX is 0.078% dearer against Binance than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.021%. 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.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance EDGEUSDT	0.5904	0.0445	pay 0.0223% / 4h	2h 27m	$10.1M	$10.6M	50x
Short	OKX EDGE-USDT-SWAP	0.5910	0.0458	get 0.0229% / 4h	2h 27m	$3.7M	$5.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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

Position, each leg$Hold fordaysFee BinancebpFee OKXbpOrdersPrice spread, now +0.099%Rate

Funding earned: $2.66
Price spread: +0.099% → +0.021%: $7.8
Slippage, 4 orders: −$79.55
Fee Binance: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$89.09
Costs to cover: 0.995%
Break-even: 241.7 days

Slippage from Binance: live order book, 12 min ago; OKX: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Binance live order book, 12 min ago	0.85 bp	33.2 bp −$33	241.2 bp −$2,412	doesn't fit	doesn't fit
Sell OKX live order book, 5 min ago	3.38 bp	8.4 bp −$8	114.6 bp −$1,146	doesn't fit	doesn't fit

EDGE on 17 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Backpack EDGE_USDC_PERP	−0.0193%	1h	0.5894	−0.178%	$58K	$117K	3.3x	as long as short
Lighter EDGE	+0.0096%	1h	0.5896	−0.141%	$43K	$19K	3x	as long as short
Bybit EDGEUSDT	+0.0100%	4h	0.5893	−0.189%	$7.1M	$3.3M	25x	as long as short
KuCoin EDGEUSDTM	+0.0100%	4h	0.5895	−0.155%	$2.1M	$2.2M	50x	as long as short
Bitget EDGEUSDT	+0.0100%	4h	0.5897	−0.121%	$4.7M	$1.1M	20x	as long as short
Variational Omni EDGE	+0.0100%	4h	0.5894	−0.170%	$186K	$144K	—	as long as short
GRVT EDGE_USDT_Perp	+0.0100%	4h	0.5910	+0.102%	$6K	$2.8M	10x	as long as short
ApeX Omni EDGEUSDT	+0.0100%	1h	0.5904	−0.002%	$9K	$300K	50x	as long as short
SunX EDGE-USDT	+0.0100%	4h	0.5860	−0.747%	$3K	$633K	10x	as long as short
Aster EDGEUSDT	+0.0331%	4h	0.5903	−0.016%	$52K	$155K	5x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin EDGE-USDT	+0.0429%	4h	0.5912	+0.133%	$655K	$102K	50x	as long as short
MEXC EDGE_USDT	+0.0444%	4h	0.5897	−0.121%	$1.1M	$822K	50x	as long as short
Binance EDGEUSDTlong	+0.0445%	4h	0.5904	long leg	$10.1M	$10.6M	50x
Extended EDGE-USD	+0.0448%	1h	0.5893	−0.191%	$27K	$86K	5x	as long as short
edgeX EDGEUSDC	+0.0454%	4h	0.5934	+0.504%	$14.2M	$3.6M	30x	as long as short
OKX EDGE-USDT-SWAPshort	+0.0458%	4h	0.5910	+0.099%	$3.7M	$5.9M	20x
Orderly PERP_EDGE_USDC	+0.0582%	4h	0.5899	−0.087%	$3K	$1K	10x	as long as short