EDGE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0363%/8h= +39.7% APRnext payment +$1.81 per $10,000 · paid last 24h +0.068%

Price spread now: Aster against Bybit+0.278%7-day average +0.098% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$540as in the Price arb table

costs, in and out, $10k−$5585.581% of the position

Long on Bybit Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)+0.214%+$21 on $10k

Price spread, last 4 days (all we have)−0.148%−$15 · spread now +0.278%, 7d avg +0.098%

Together, before fees+0.067%+ Points / potential airdropAster: Stage 5 · farm board+$7 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 Aster is 0.179% dearer against Bybit than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of +0.098%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit EDGEUSDT	0.5805	0.0100	pay 0.0050% / 4h	1h 31m	$6.9M	$3.3M	25x
Short	Aster EDGEUSDT	0.5821	0.0463	get 0.0231% / 4h	1h 31m	$67K	$136K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Bybit. 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 BybitbpFee AsterbpOrdersPrice spread, now +0.278%Rate

Funding earned: $76.13
Price spread: +0.278% → +0.098%: $17.94
Slippage, 4 orders: −$539.13
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Aster: 4 bp × 2 orders: −$8
Net: −$464.06
Costs to cover: 5.581%
Break-even: 49.7 days

Slippage from Bybit: live order book, 1 min ago; Aster: live order book, 49 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 Bybit live order book, 1 min ago	1.72 bp	86.6 bp −$87	426.6 bp −$4,266	doesn't fit	doesn't fit
Sell Aster live order book, 49 min ago	4.24 bp	33.8 bp −$34	doesn't fit	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	0.5808	+0.060%	$54K	$8K	3x	as long as short
Bybit EDGEUSDTlong	+0.0100%	4h	0.5805	long leg	$6.9M	$3.3M	25x
Bitget EDGEUSDT	+0.0100%	4h	0.5818	+0.224%	$4.6M	$995K	20x	as long as short
Backpack EDGE_USDC_PERP	+0.0100%	1h	0.5813	+0.143%	$59K	$100K	3.3x	as long as short
Variational Omni EDGE	+0.0100%	4h	0.5872	+1.160%	$192K	$130K	—	as long as short
GRVT EDGE_USDT_Perp	+0.0100%	4h	0.5850	+0.779%	$2K	$1.8M	10x	as long as short
ApeX Omni EDGEUSDT	+0.0100%	1h	0.5845	+0.689%	$8K	$294K	50x	as long as short
SunX EDGE-USDT	+0.0100%	4h	0.5783	−0.379%	$4K	$607K	10x	as long as short
KuCoin EDGEUSDTM	+0.0208%	4h	0.5823	+0.310%	$2.1M	$2.3M	50x	as long as short
Extended EDGE-USD	+0.0456%	1h	0.5813	+0.138%	$26K	$230K	5x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC EDGE_USDT	+0.0458%	4h	0.5817	+0.207%	$1.1M	$919K	50x	as long as short
Binance EDGEUSDT	+0.0459%	4h	0.5818	+0.224%	$9.9M	$10.1M	50x	as long as short
Aster EDGEUSDTshort	+0.0463%	4h	0.5821	+0.278%	$67K	$136K	5x
BloFin EDGE-USDT	+0.0477%	4h	0.5826	+0.362%	$629K	$124K	50x	as long as short
OKX EDGE-USDT-SWAP	+0.0494%	4h	0.5822	+0.293%	$3.6M	$5.7M	20x	as long as short
edgeX EDGEUSDC	+0.0517%	4h	0.5848	+0.733%	$14.0M	$3.4M	30x	as long as short
Orderly PERP_EDGE_USDC	+0.0528%	4h	0.5824	+0.327%	$3K	—	10x	as long as short