EDGE

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0268%/8h= −29.4% APRnext payment −$1.34 per $10,000 · paid last 24h −0.084%

Price spread now: Bitget against BloFin−0.268%7-day average −0.125% · you buy dearer than you sell

Net, funding: paid 7d − costs−$138as in the Funding arb table

Net, price: spread back to 7d avg − costs−$128as in the Price arb table

costs, in and out, $10k−$1141.142% of the position

Long on BloFin Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.233%−$23 on $10k

Price spread, last 4 days (all we have)−0.341%−$34 · spread now −0.268%, 7d avg −0.125%

Together, before fees−0.574%−$57 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Bitget is 0.143% cheaper against BloFin than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.125%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin EDGE-USDT	0.5969	0.0368	pay 0.0184% / 4h	42m 43s	$658K	$102K	50x
Short	Bitget EDGEUSDT	0.5953	0.0100	get 0.0050% / 4h	42m 43s	$4.7M	$1.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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

Position, each leg$Hold fordaysFee BloFinbpFee BitgetbpOrdersPrice spread, now −0.268%Rate

Funding earned: −$56.37
Price spread: −0.268% → −0.125%: −$14.27
Slippage, 4 orders: −$90.21
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$184.86
Costs to cover: 1.142%
Break-even: never at this rate

Slippage from BloFin: live order book, 59 min ago; Bitget: 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 BloFin live order book, 59 min ago	9.28 bp	33.6 bp −$34	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 5 min ago	6.78 bp	30.9 bp −$31	196.8 bp −$1,968	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	−0.0280%	1h	0.5963	−0.094%	$59K	$109K	3.3x	as long as short
Lighter EDGE	+0.0096%	1h	0.5949	−0.342%	$43K	$19K	3x	as long as short
Bybit EDGEUSDT	+0.0100%	4h	0.5948	−0.352%	$7.1M	$3.3M	25x	as long as short
KuCoin EDGEUSDTM	+0.0100%	4h	0.5957	−0.201%	$2.1M	$2.2M	50x	as long as short
Bitget EDGEUSDTshort	+0.0100%	4h	0.5953	−0.268%	$4.7M	$1.1M	20x
Variational Omni EDGE	+0.0100%	4h	0.5895	−1.241%	$188K	$135K	—	as long as short
GRVT EDGE_USDT_Perp	+0.0100%	4h	0.5989	+0.336%	$1K	$2.3M	10x	as long as short
ApeX Omni EDGEUSDT	+0.0100%	1h	0.5987	+0.302%	$9K	$305K	50x	as long as short
SunX EDGE-USDT	+0.0100%	4h	0.5920	−0.821%	$4K	$626K	10x	as long as short
BloFin EDGE-USDTlong	+0.0368%	4h	0.5969	long leg	$658K	$102K	50x

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance EDGEUSDT	+0.0399%	4h	0.5957	−0.195%	$10.2M	$10.4M	50x	as long as short
MEXC EDGE_USDT	+0.0404%	4h	0.5957	−0.201%	$1.1M	$886K	50x	as long as short
Extended EDGE-USD	+0.0408%	1h	0.5961	−0.126%	$27K	$191K	5x	as long as short
OKX EDGE-USDT-SWAP	+0.0427%	4h	0.5957	−0.201%	$3.7M	$5.8M	20x	as long as short
edgeX EDGEUSDC	+0.0438%	4h	0.5905	−1.070%	$14.1M	$3.6M	30x	as long as short
Aster EDGEUSDT	+0.0462%	4h	0.5974	+0.084%	$68K	$131K	5x	as long as short
Orderly PERP_EDGE_USDC	+0.0565%	4h	0.5965	−0.067%	$3K	—	10x	as long as short