Settings8H · net · $10k
Funding arb · Price arb /

EDGE

all EDGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0093%/8h= −10.2% APRnext payment $0.46 per $10,000 · paid last 24h +0.054%
Price spread now: Aster against edgeX+0.060%80s7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$2442.437% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.151%+$15 on $10k
Price spread, last 4 days (all we have)+0.944%+$94 · spread now +0.060%, 7d avg +0.004%
Together, before fees+1.095%+ Points / potential airdropedgeX: Active · Aster: Stage 5 · farm board+$110 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.056% dearer against edgeX than usual: you sell high and buy low (spread +0.060% now, against its 7-day average of +0.004%): +$6 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.0 days. Mind the row above: over the last 5 days funding on this pair paid +0.151%, so the current rate has only just turned against you. The two prices were read 80 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX EDGEUSDC0.60100.0768pay 0.0384% / 4h48m 11s$14.4M$3.5M30x
ShortAster EDGEUSDT0.60140.0675get 0.0338% / 4h48m 11s$69K$136K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against edgeX. 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
−$19.51
Price spread: +0.060% → +0.004%
$5.63
Slippage, 4 orders
−$226.71
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Aster: 4 bp × 2 orders
−$8
Net
−$257.6
Costs to cover
2.437%
Break-even
never at this rate
Slippage from edgeX: live order book, 1 min ago; Aster: live order book, 28 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 edgeX live order book, 1 min ago4.99 bp42.0 bp −$42135.5 bp −$1,355doesn't fitdoesn't fit
Sell Aster live order book, 28 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%1h0.6004−0.107%$56K$8K3xas long as short
Bybit EDGEUSDT+0.0100%4h0.6012+0.033%$7.1M$3.3M25xas long as short
Bitget EDGEUSDT+0.0100%4h0.6019+0.149%$4.8M$999K20xas long as short
Backpack EDGE_USDC_PERP+0.0100%1h0.6020+0.166%$59K$100K3.3xas long as short
Variational Omni EDGE+0.0100%4h0.5988−0.371%$194K$131Kas long as short
GRVT EDGE_USDT_Perp+0.0100%4h0.6002−0.131%$12K$1.8M10xas long as short
ApeX Omni EDGEUSDT+0.0100%1h0.6007−0.050%$8K$289K50xas long as short
SunX EDGE-USDT+0.0100%4h0.5977−0.550%$4K$610K10xas long as short
KuCoin EDGEUSDTM+0.0248%4h0.6019+0.149%$2.1M$2.2M50xas long as short
MEXC EDGE_USDT+0.0644%4h0.6022+0.199%$1.2M$914K50xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance EDGEUSDT+0.0646%4h0.6021+0.182%$10.2M$10.1M50xas long as short
Extended EDGE-USD+0.0648%1h0.6018+0.131%$27K$230K5xas long as short
Orderly PERP_EDGE_USDC+0.0659%4h0.6018+0.133%$3K10xas long as short
Aster EDGEUSDTshort+0.0675%4h0.6014+0.060%$69K$136K5x
BloFin EDGE-USDT+0.0694%4h0.6021+0.182%$641K$129K50xas long as short
edgeX EDGEUSDClong+0.0768%4h0.6010long leg$14.4M$3.5M30x
OKX EDGE-USDT-SWAP+0.0813%4h0.6022+0.199%$3.7M$5.9M20xas long as short