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+0.0047%/8h= +5.1% APRnext payment +$0.23 per $10,000 · paid last 24h +0.018%
Price spread now: Aster against BloFin+0.050%7-day average −0.053% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$229as in the Price arb table
costs, in and out, $10k−$2392.390% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.039%+$4 on $10k
Price spread, last 3 days (all we have)−0.323%−$32 · spread now +0.050%, 7d avg −0.053%
Together, before fees−0.284%+ Points / potential airdropAster: Stage 5 · farm board−$28 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Aster is 0.103% dearer against BloFin than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.053%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin EDGE-USDT0.59780.0600pay 0.0300% / 4h42m 34s$643K$128K50x
ShortAster EDGEUSDT0.59810.0647get 0.0323% / 4h42m 34s$69K$135K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against BloFin. 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
$9.82
Price spread: +0.050% → −0.053%
$10.33
Slippage, 4 orders
−$219.04
Fee BloFin: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$218.89
Costs to cover
2.390%
Break-even
163.0 days
Slippage from BloFin: live order book, 34 min ago; Aster: live order book, 33 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 BloFin live order book, 34 min ago5.97 bp26.3 bp −$26127.2 bp −$1,272doesn't fitdoesn't fit
Sell Aster live order book, 33 min ago5.11 bp34.9 bp −$35doesn'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%1h0.5964−0.236%$55K$8K3xas long as short
Bybit EDGEUSDT+0.0100%4h0.5968−0.167%$7.1M$3.3M25xas long as short
Bitget EDGEUSDT+0.0100%4h0.5979+0.017%$4.7M$999K20xas long as short
Backpack EDGE_USDC_PERP+0.0100%1h0.5974−0.070%$58K$100K3.3xas long as short
Variational Omni EDGE+0.0100%4h0.5973−0.079%$193K$131Kas long as short
GRVT EDGE_USDT_Perp+0.0100%4h0.5979+0.017%$4K$1.8M10xas long as short
ApeX Omni EDGEUSDT+0.0100%1h0.5981+0.050%$8K$288K50xas long as short
SunX EDGE-USDT+0.0100%4h0.5932−0.769%$4K$609K10xas long as short
KuCoin EDGEUSDTM+0.0192%4h0.59780.000%$2.1M$2.2M50xas long as short
BloFin EDGE-USDTlong+0.0600%4h0.5978long leg$643K$128K50x
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance EDGEUSDT+0.0632%4h0.5978−0.003%$10.2M$10.1M50xas long as short
MEXC EDGE_USDT+0.0638%4h0.59780.000%$1.2M$915K50xas long as short
Extended EDGE-USD+0.0640%1h0.5976−0.026%$27K$230K5xas long as short
Aster EDGEUSDTshort+0.0647%4h0.5981+0.050%$69K$135K5x
Orderly PERP_EDGE_USDC+0.0664%4h0.5970−0.134%$3K10xas long as short
OKX EDGE-USDT-SWAP+0.0772%4h0.5981+0.050%$3.7M$5.9M20xas long as short
edgeX EDGEUSDC+0.0796%4h0.5980+0.033%$14.3M$3.5M30xas long as short