Funding you earn now, next payment 08:00 UTC−0.0397%/8h= −43.4% APRnext payment −$1.98 per $10,000 · paid last 24h −0.055%
Price spread now: Bybit against edgeX−1.035%7-day average −0.129% · you buy dearer than you sell
Net, funding: paid 7d − costs−$256as in the Funding arb table
Net, price: spread back to 7d avg − costs−$336as in the Price arb table
costs, in and out, $10k−$2452.453% of the position
Funding, last 7 days−0.109%−$11 on $10k
+Price spread, last 7 days+0.813%+$81 · spread now −1.035%, 7d avg −0.129%
=Together, before fees+0.705%+ Points / potential airdropedgeX: Active · farm board+$70 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Bybit is 0.906% cheaper against edgeX than usual: you would sell low and buy high (−$91 if the spread goes back to its 7-day average of −0.129%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.109% in total (about -5.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.98 per $10,000. 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 | 0.5968 | 0.0497 | pay 0.0248% / 4h | 3h 49m | $14.3M | $3.6M | 30x |
| Short | Bybit EDGEUSDT | 0.5906 | 0.0100 | get 0.0050% / 4h | 3h 49m | $7.1M | $3.3M | 25x |
edgeX EDGEUSDC
Bybit EDGEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$83.3
- Price spread: −1.035% → −0.129%
- −$90.61
- Slippage, 4 orders
- −$225.32
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$419.23
- Costs to cover
- 2.453%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 5 min ago; Bybit: live order book, 4 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, 5 min ago | 2.51 bp | 25.2 bp −$25 | 127.2 bp −$1,272 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 2.52 bp | 84.0 bp −$84 | 312.4 bp −$3,124 | 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 | 0.5920 | −0.797% | $43K | $19K | 3x | as long as short |
| Bybit EDGEUSDTshort | +0.0100% | 4h | 0.5906 | −1.035% | $7.1M | $3.3M | 25x | |
| KuCoin EDGEUSDTM | +0.0100% | 4h | 0.5932 | −0.600% | $2.1M | $2.2M | 50x | as long as short |
| Bitget EDGEUSDT | +0.0100% | 4h | 0.5936 | −0.533% | $4.7M | $1.1M | 20x | as long as short |
| Backpack EDGE_USDC_PERP | +0.0100% | 1h | 0.5924 | −0.739% | $58K | $110K | 3.3x | as long as short |
| Variational Omni EDGE | +0.0100% | 4h | 0.5928 | −0.659% | $188K | $136K | — | as long as short |
| GRVT EDGE_USDT_Perp | +0.0100% | 4h | 0.5964 | −0.057% | $12K | $2.5M | 10x | as long as short |
| ApeX Omni EDGEUSDT | +0.0100% | 1h | 0.5968 | +0.004% | $9K | $305K | 50x | as long as short |
| SunX EDGE-USDT | +0.0100% | 4h | 0.6205 | +3.975% | $4K | $625K | 10x | as long as short |
| Aster EDGEUSDT | +0.0439% | 4h | 0.5927 | −0.680% | $57K | $154K | 5x | as long as short |
Lighter EDGE
KuCoin EDGEUSDTM
Bitget EDGEUSDT
Backpack EDGE_USDC_PERP
Variational Omni EDGE
GRVT EDGE_USDT_Perp
ApeX Omni EDGEUSDT
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 | +0.0449% | 4h | 0.5940 | −0.466% | $656K | $102K | 50x | as long as short |
| Binance EDGEUSDT | +0.0458% | 4h | 0.5922 | −0.771% | $10.2M | $10.4M | 50x | as long as short |
| MEXC EDGE_USDT | +0.0468% | 4h | 0.5927 | −0.683% | $1.0M | $863K | 50x | as long as short |
| Extended EDGE-USD | +0.0472% | 1h | 0.5921 | −0.786% | $27K | $196K | 5x | as long as short |
| edgeX EDGEUSDClong | +0.0497% | 4h | 0.5968 | long leg | $14.3M | $3.6M | 30x | |
| OKX EDGE-USDT-SWAP | +0.0515% | 4h | 0.5918 | −0.834% | $3.7M | $5.8M | 20x | as long as short |
| Orderly PERP_EDGE_USDC | +0.0562% | 4h | 0.5917 | −0.851% | $3K | $359 | 10x | as long as short |
BloFin EDGE-USDT
Binance EDGEUSDT
MEXC EDGE_USDT
Extended EDGE-USD
OKX EDGE-USDT-SWAP
Orderly PERP_EDGE_USDC