EDGE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0175%/8h= +19.2% APRnext payment +$0.88 per $10,000 · paid last 24h +0.055%

Price spread now: Binance against Bitget+0.086%7-day average +0.126% · you sell dearer than you buy

Net, funding: paid 7d − costs−$126as in the Funding arb table

Net, price: spread back to 7d avg − costs−$152as in the Price arb table

costs, in and out, $10k−$1481.475% of the position

Long on Bitget Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.219%+$22 on $10k

Price spread, last 7 days−0.011%−$1 · spread now +0.086%, 7d avg +0.126%

Together, before fees+0.208%+$21 on $10k · with fees, hour by hour

Funding pays, the price is against you. Binance is 0.040% cheaper against Bitget than usual: you would sell low and buy high (spread +0.086% now, against its 7-day average of +0.126%). If the spread goes back, that is −$4 on $10k: about 18 hours of funding at the current rate (+$5 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget EDGEUSDT	0.5836	0.0100	pay 0.0050% / 4h	2h 28m	$4.6M	$988K	20x
Short	Binance EDGEUSDT	0.5841	0.0275	get 0.0138% / 4h	2h 28m	$9.9M	$10.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Bitget. 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 BitgetbpFee BinancebpOrdersPrice spread, now +0.086%Rate

Funding earned: $36.75
Price spread: +0.086% → +0.126%: −$3.99
Slippage, 4 orders: −$125.51
Fee Bitget: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$114.76
Costs to cover: 1.475%
Break-even: 28.9 days

Slippage from Bitget: live order book, 5 min ago; Binance: live order book, 11 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 Bitget live order book, 5 min ago	6.84 bp	33.2 bp −$33	497.6 bp −$4,976	doesn't fit	doesn't fit
Sell Binance live order book, 11 min ago	0.86 bp	40.5 bp −$41	171.2 bp −$1,712	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	−0.0512%	1h	0.5837	+0.024%	$59K	$100K	3.3x	as long as short
Lighter EDGE	+0.0096%	1h	0.5824	−0.214%	$54K	$9K	3x	as long as short
Bybit EDGEUSDT	+0.0100%	4h	0.5833	−0.051%	$6.9M	$3.2M	25x	as long as short
KuCoin EDGEUSDTM	+0.0100%	4h	0.5839	+0.051%	$2.1M	$2.3M	50x	as long as short
Bitget EDGEUSDTlong	+0.0100%	4h	0.5836	long leg	$4.6M	$988K	20x
Variational Omni EDGE	+0.0100%	4h	0.5827	−0.150%	$190K	$130K	—	as long as short
GRVT EDGE_USDT_Perp	+0.0100%	4h	0.5841	+0.087%	$11K	$1.7M	10x	as long as short
ApeX Omni EDGEUSDT	+0.0100%	1h	0.5843	+0.120%	$6K	$294K	50x	as long as short
SunX EDGE-USDT	+0.0100%	4h	0.5799	−0.634%	$4K	$602K	10x	as long as short
Aster EDGEUSDT	+0.0247%	4h	0.5845	+0.147%	$67K	$134K	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	+0.0258%	4h	0.5835	−0.017%	$628K	$125K	50x	as long as short
OKX EDGE-USDT-SWAP	+0.0269%	4h	0.5843	+0.120%	$3.6M	$5.7M	20x	as long as short
Extended EDGE-USD	+0.0272%	1h	0.5837	+0.015%	$26K	$230K	5x	as long as short
MEXC EDGE_USDT	+0.0274%	4h	0.5840	+0.069%	$1.2M	$929K	50x	as long as short
Binance EDGEUSDTshort	+0.0275%	4h	0.5841	+0.086%	$9.9M	$10.0M	50x
edgeX EDGEUSDC	+0.0279%	4h	0.5852	+0.275%	$14.0M	$3.4M	30x	as long as short
Orderly PERP_EDGE_USDC	+0.0394%	4h	0.5840	+0.069%	$3K	—	10x	as long as short