Funding you earn now, next payment 08:00 UTC−0.0379%/8h= −41.5% APRpaid last 24h −0.055%
Price spread now: ApeX Omni against edgeX+0.279%7-day average −0.055% · you sell dearer than you buy
Net, funding: paid 7d − costs−$407as in the Funding arb table
Net, price: spread back to 7d avg − costs−$364as in the Price arb table
costs, in and out, $10k−$3973.971% of the position
Funding, last 7 days−0.098%−$10 on $10k
+Price spread, last 4 days (all we have)−0.129%−$13 · spread now +0.279%, 7d avg −0.055%
=Together, before fees−0.228%+ Points / potential airdropedgeX: Active · farm board−$23 on $10k · with fees, hour by hour
The price spread pays, funding is against you. ApeX Omni is 0.334% dearer against edgeX than usual: you sell high and buy low (spread +0.279% now, against its 7-day average of −0.055%): +$33 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 2.9 days. At the pace of the last 7 days (−0.098% in total) that is about 24 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.098% in total (about -5.1% a year). A funding rate is set anew for every payment. 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 | edgeX EDGEUSDC | 0.5962 | 0.0479 | pay 0.0239% / 4h | 16m 14s | $14.3M | $3.7M | 30x |
| Short | ApeX Omni EDGEUSDT | 0.5979 | 0.0100 | get 0.0013% / 1h | 16m 14s | $9K | $296K | 50x |
edgeX EDGEUSDC
ApeX Omni EDGEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against edgeX. 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
- −$79.51
- Price spread: +0.279% → −0.055%
- $33.38
- Slippage, 4 orders
- −$378.08
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$443.22
- Costs to cover
- 3.971%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 3 min ago; ApeX Omni: live order book, 21 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 edgeX live order book, 3 min ago | 2.51 bp | 9.3 bp −$9 | 96.2 bp −$962 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 21 min ago | 15.76 bp | 184.4 bp −$184 | 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 | 0.5974 | +0.188% | $44K | $22K | 3x | as long as short |
| Bybit EDGEUSDT | +0.0100% | 4h | 0.5973 | +0.178% | $7.3M | $3.4M | 25x | as long as short |
| KuCoin EDGEUSDTM | +0.0100% | 4h | 0.5981 | +0.312% | $2.1M | $2.2M | 50x | as long as short |
| Bitget EDGEUSDT | +0.0100% | 4h | 0.5968 | +0.094% | $4.7M | $1.1M | 20x | as long as short |
| Backpack EDGE_USDC_PERP | +0.0100% | 1h | 0.5985 | +0.373% | $58K | $122K | 3.3x | as long as short |
| Variational Omni EDGE | +0.0100% | 4h | 0.5950 | −0.208% | $188K | $145K | — | as long as short |
| GRVT EDGE_USDT_Perp | +0.0100% | 4h | 0.5972 | +0.154% | $3K | $3.1M | 10x | as long as short |
| ApeX Omni EDGEUSDTshort | +0.0100% | 1h | 0.5979 | +0.279% | $9K | $296K | 50x | |
| SunX EDGE-USDT | +0.0100% | 4h | 0.5938 | −0.409% | $3K | $644K | 10x | as long as short |
| Aster EDGEUSDT | +0.0295% | 4h | 0.5974 | +0.191% | $52K | $153K | 5x | as long as short |
Lighter EDGE
Bybit EDGEUSDT
KuCoin EDGEUSDTM
Bitget EDGEUSDT
Backpack EDGE_USDC_PERP
Variational Omni EDGE
GRVT EDGE_USDT_Perp
SunX EDGE-USDT
Aster EDGEUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin EDGE-USDT | +0.0427% | 4h | 0.5992 | +0.497% | $672K | $106K | 50x | as long as short |
| MEXC EDGE_USDT | +0.0474% | 4h | 0.5985 | +0.379% | $1.1M | $761K | 50x | as long as short |
| edgeX EDGEUSDClong | +0.0479% | 4h | 0.5962 | long leg | $14.3M | $3.7M | 30x | |
| Extended EDGE-USD | +0.0480% | 1h | 0.5983 | +0.347% | $31K | $269K | 5x | as long as short |
| Binance EDGEUSDT | +0.0481% | 4h | 0.5985 | +0.379% | $10.4M | $10.9M | 50x | as long as short |
| OKX EDGE-USDT-SWAP | +0.0491% | 4h | 0.5991 | +0.480% | $3.8M | $6.1M | 20x | as long as short |
| Orderly PERP_EDGE_USDC | +0.0640% | 4h | 0.5983 | +0.346% | $2K | $1K | 10x | as long as short |
BloFin EDGE-USDT
MEXC EDGE_USDT
Extended EDGE-USD
Binance EDGEUSDT
OKX EDGE-USDT-SWAP
Orderly PERP_EDGE_USDC