Funding you earn now, next payment 12:00 UTC+0.0336%/8h= +36.8% APRnext payment +$1.68 per $10,000 · paid last 24h +0.077%
Price spread now: edgeX against Bybit+0.200%61s7-day average +0.122% · you sell dearer than you buy
Net, funding: paid 7d − costs−$270as 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−$2832.827% of the position
Funding, last 7 days+0.131%+$13 on $10k
+Price spread, last 7 days−0.181%−$18 · spread now +0.200%, 7d avg +0.122%
=Together, before fees−0.050%+ Points / potential airdropedgeX: Active · farm board−$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and edgeX is 0.078% dearer against Bybit than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.122%. The two prices were read 61 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 0.131% in total (about 6.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.68 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit EDGEUSDT | 0.5925 | 0.0100 | pay 0.0050% / 4h | 1h 54m | $7.1M | $3.2M | 25x |
| Short | edgeX EDGEUSDC | 0.5937 | 0.0436 | get 0.0218% / 4h | 1h 54m | $14.3M | $3.8M | 30x |
Bybit EDGEUSDT
edgeX EDGEUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Bybit. 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
- $70.56
- Price spread: +0.200% → +0.122%
- $7.79
- Slippage, 4 orders
- −$262.67
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$204.32
- Costs to cover
- 2.827%
- Break-even
- 27.3 days
Slippage from Bybit: 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 Bybit live order book, 2 min ago | 1.69 bp | 126.5 bp −$126 | 427.2 bp −$4,272 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 3 min ago | 3.36 bp | 40.1 bp −$40 | 119.8 bp −$1,198 | doesn't fit | doesn't fit |
EDGE on 17 exchanges
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 | 0.5919 | −0.108% | $43K | $18K | 3x | as long as short |
| Bybit EDGEUSDTlong | +0.0100% | 4h | 0.5925 | long leg | $7.1M | $3.2M | 25x | |
| Bitget EDGEUSDT | +0.0100% | 4h | 0.5936 | +0.186% | $4.7M | $1.0M | 20x | as long as short |
| Variational Omni EDGE | +0.0100% | 4h | 0.5929 | +0.067% | $187K | $140K | — | as long as short |
| GRVT EDGE_USDT_Perp | +0.0100% | 4h | 0.5935 | +0.168% | $2K | $3.6M | 10x | as long as short |
| ApeX Omni EDGEUSDT | +0.0100% | 1h | 0.5948 | +0.388% | $9K | $274K | 50x | as long as short |
| SunX EDGE-USDT | +0.0100% | 4h | 0.5890 | −0.591% | $3K | $620K | 10x | as long as short |
| KuCoin EDGEUSDTM | +0.0202% | 4h | 0.5935 | +0.169% | $2.1M | $2.2M | 50x | as long as short |
| OKX EDGE-USDT-SWAP | +0.0412% | 4h | 0.5939 | +0.236% | $3.7M | $5.7M | 20x | as long as short |
| edgeX EDGEUSDCshort | +0.0436% | 4h | 0.5937 | +0.200% | $14.3M | $3.8M | 30x |
Lighter EDGE
Bitget EDGEUSDT
Variational Omni EDGE
GRVT EDGE_USDT_Perp
ApeX Omni EDGEUSDT
SunX EDGE-USDT
KuCoin EDGEUSDTM
OKX EDGE-USDT-SWAPShow all 17 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster EDGEUSDT | +0.0453% | 4h | 0.5934 | +0.150% | $59K | $144K | 5x | as long as short |
| BloFin EDGE-USDT | +0.0497% | 4h | 0.5932 | +0.118% | $670K | $105K | 50x | as long as short |
| Extended EDGE-USD | +0.0520% | 1h | 0.5933 | +0.136% | $27K | $272K | 5x | as long as short |
| MEXC EDGE_USDT | +0.0522% | 4h | 0.5931 | +0.101% | $1.1M | $684K | 50x | as long as short |
| Binance EDGEUSDT | +0.0522% | 4h | 0.5931 | +0.098% | $10.3M | $10.5M | 50x | as long as short |
| Backpack EDGE_USDC_PERP | +0.0627% | 1h | 0.5932 | +0.125% | $60K | $114K | 3.3x | as long as short |
| Orderly PERP_EDGE_USDC | +0.0649% | 4h | 0.5929 | +0.068% | $2K | $1K | 10x | as long as short |
Aster EDGEUSDT
BloFin EDGE-USDT
Extended EDGE-USD
MEXC EDGE_USDT
Binance EDGEUSDT
Backpack EDGE_USDC_PERP
Orderly PERP_EDGE_USDC