Funding you earn now, next payment 04:00 UTC+0.0358%/8h= +39.2% APRnext payment +$1.79 per $10,000 · paid last 24h +0.041%
Price spread now: edgeX against Bitget+0.505%84s7-day average +0.135% · 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—prices read too far apart to compare
costs, in and out, $10k−$1351.347% of the position
Funding, last 7 days+0.086%+$9 on $10k
+Price spread, last 7 days−0.336%−$34 · spread now +0.505%, 7d avg +0.135%
=Together, before fees−0.250%+ Points / potential airdropedgeX: Active · farm board−$25 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and edgeX is 0.370% dearer against Bitget than usual: you sell high and buy low: +$37 more if the spread goes back to its 7-day average of +0.135%. The two prices were read 84 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.086% in total (about 4.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.79 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget EDGEUSDT | 0.6008 | 0.0100 | pay 0.0050% / 4h | 3h 06m | $4.8M | $1.0M | 20x |
| Short | edgeX EDGEUSDC | 0.6038 | 0.0458 | get 0.0229% / 4h | 3h 06m | $14.4M | $3.6M | 30x |
Bitget EDGEUSDT
edgeX EDGEUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Bitget. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $75.27
- Price spread: +0.505% → +0.135%
- $37.01
- Slippage, 4 orders
- −$113.69
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$22.41
- Costs to cover
- 1.347%
- Break-even
- 9.1 days
Slippage from Bitget: live order book, 2 min ago; edgeX: live order book, 3 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, 2 min ago | 4.98 bp | 36.4 bp −$36 | 444.2 bp −$4,442 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 3 min ago | 3.33 bp | 14.4 bp −$14 | 110.4 bp −$1,104 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter EDGE | +0.0096% | 1h | 0.5997 | −0.190% | $50K | $14K | 3x | as long as short |
| Bybit EDGEUSDT | +0.0100% | 4h | 0.5999 | −0.150% | $7.2M | $3.3M | 25x | as long as short |
| KuCoin EDGEUSDTM | +0.0100% | 4h | 0.6011 | +0.050% | $2.2M | $2.2M | 50x | as long as short |
| Bitget EDGEUSDTlong | +0.0100% | 4h | 0.6008 | long leg | $4.8M | $1.0M | 20x | |
| Backpack EDGE_USDC_PERP | +0.0100% | 1h | 0.6012 | +0.063% | $57K | $99K | 3.3x | as long as short |
| Variational Omni EDGE | +0.0100% | 4h | 0.5993 | −0.243% | $192K | $126K | — | as long as short |
| GRVT EDGE_USDT_Perp | +0.0100% | 4h | 0.6029 | +0.350% | $486 | $1.9M | 10x | as long as short |
| ApeX Omni EDGEUSDT | +0.0100% | 1h | 0.6035 | +0.449% | $9K | $294K | 50x | as long as short |
| SunX EDGE-USDT | +0.0100% | 4h | 0.5968 | −0.666% | $4K | $609K | 10x | as long as short |
| edgeX EDGEUSDCshort | +0.0458% | 4h | 0.6038 | +0.505% | $14.4M | $3.6M | 30x |
Lighter EDGE
Bybit EDGEUSDT
KuCoin EDGEUSDTM
Backpack EDGE_USDC_PERP
Variational Omni EDGE
GRVT EDGE_USDT_Perp
ApeX Omni EDGEUSDT
SunX EDGE-USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX EDGE-USDT-SWAP | +0.0474% | 4h | 0.6015 | +0.117% | $3.7M | $5.8M | 20x | as long as short |
| BloFin EDGE-USDT | +0.0573% | 4h | 0.6034 | +0.433% | $654K | $99K | 50x | as long as short |
| Aster EDGEUSDT | +0.0578% | 4h | 0.6019 | +0.180% | $69K | $133K | 5x | as long as short |
| MEXC EDGE_USDT | +0.0582% | 4h | 0.6009 | +0.017% | $1.2M | $916K | 50x | as long as short |
| Binance EDGEUSDT | +0.0582% | 4h | 0.6006 | −0.027% | $10.3M | $10.2M | 50x | as long as short |
| Extended EDGE-USD | +0.0584% | 1h | 0.6007 | −0.025% | $27K | $194K | 5x | as long as short |
| Orderly PERP_EDGE_USDC | +0.0792% | 4h | 0.6006 | −0.033% | $3K | — | 10x | as long as short |
OKX EDGE-USDT-SWAP
BloFin EDGE-USDT
Aster EDGEUSDT
MEXC EDGE_USDT
Binance EDGEUSDT
Extended EDGE-USD
Orderly PERP_EDGE_USDC