Funding you earn now, next payment 02:00 UTC−0.0420%/8h= −46.0% APRnext payment −$0.52 per $10,000 · paid last 24h −0.070%
Price spread now: ApeX Omni against Extended+1.092%52s7-day average +0.074% · you sell dearer than you buy
Net, funding: paid 7d − costs−$508as 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−$4844.838% of the position
Funding, last 7 days−0.239%−$24 on $10k
+Price spread, last 4 days (all we have)−0.530%−$53 · spread now +1.092%, 7d avg +0.074%
=Together, before fees−0.769%+ Points / potential airdropExtended: Active · farm board−$77 on $10k · with fees, hour by hour
The price spread pays, funding is against you. ApeX Omni is 1.018% dearer against Extended than usual: you sell high and buy low (spread +1.092% now, against its 7-day average of +0.074%): +$102 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 8.1 days. At the pace of the last 7 days (−0.239% in total) that is about 30 days. The two prices were read 52 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 -0.239% in total (about -12.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.52 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 | Extended EDGE-USD | 0.5850 | 0.0520 | pay 0.0065% / 1h | 40m 26s | $27K | $188K | 5x |
| Short | ApeX Omni EDGEUSDT | 0.5914 | 0.0100 | get 0.0013% / 1h | 40m 26s | $9K | $303K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Extended. 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
- −$88.2
- Price spread: +1.092% → +0.074%
- $101.81
- Slippage, 4 orders
- −$468.78
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$470.17
- Costs to cover
- 4.838%
- Break-even
- never at this rate
Slippage from Extended: live order book, 26 min ago; ApeX Omni: live order book, 27 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 Extended live order book, 26 min ago | 3.42 bp | 61.2 bp −$61 | 498.0 bp −$4,980 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 27 min ago | 9.14 bp | 179.3 bp −$179 | 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 | 0.5843 | −0.116% | $47K | $14K | 3x | as long as short |
| Bybit EDGEUSDT | +0.0100% | 4h | 0.5839 | −0.190% | $7.0M | $3.3M | 25x | as long as short |
| KuCoin EDGEUSDTM | +0.0100% | 4h | 0.5854 | +0.066% | $2.1M | $2.2M | 50x | as long as short |
| Bitget EDGEUSDT | +0.0100% | 4h | 0.5839 | −0.190% | $4.7M | $1.1M | 20x | as long as short |
| Backpack EDGE_USDC_PERP | +0.0100% | 1h | 0.5864 | +0.244% | $60K | $102K | 3.3x | as long as short |
| Variational Omni EDGE | +0.0100% | 4h | 0.5858 | +0.128% | $190K | $126K | — | as long as short |
| GRVT EDGE_USDT_Perp | +0.0100% | 4h | 0.5889 | +0.659% | $2K | $1.9M | 10x | as long as short |
| ApeX Omni EDGEUSDTshort | +0.0100% | 1h | 0.5914 | +1.092% | $9K | $303K | 50x | |
| SunX EDGE-USDT | +0.0100% | 4h | 0.5859 | +0.152% | $4K | $620K | 10x | as long as short |
| OKX EDGE-USDT-SWAP | +0.0395% | 4h | 0.5852 | +0.032% | $3.6M | $5.7M | 20x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX EDGEUSDC | +0.0418% | 4h | 0.5911 | +1.041% | $14.1M | $3.6M | 30x | as long as short |
| Aster EDGEUSDT | +0.0485% | 4h | 0.5856 | +0.108% | $67K | $132K | 5x | as long as short |
| BloFin EDGE-USDT | +0.0503% | 4h | 0.5887 | +0.631% | $655K | $97K | 50x | as long as short |
| Binance EDGEUSDT | +0.0504% | 4h | 0.5851 | +0.015% | $10.0M | $10.4M | 50x | as long as short |
| MEXC EDGE_USDT | +0.0518% | 4h | 0.5837 | −0.224% | $1.1M | $911K | 50x | as long as short |
| Extended EDGE-USDlong | +0.0520% | 1h | 0.5850 | long leg | $27K | $188K | 5x | |
| Orderly PERP_EDGE_USDC | +0.0751% | 4h | 0.5847 | −0.053% | $3K | — | 10x | as long as short |
Extended EDGE-USD
ApeX Omni EDGEUSDT
Lighter EDGE
Bybit EDGEUSDT
KuCoin EDGEUSDTM
Bitget EDGEUSDT
Backpack EDGE_USDC_PERP
Variational Omni EDGE
GRVT EDGE_USDT_Perp
SunX EDGE-USDT
OKX EDGE-USDT-SWAP
edgeX EDGEUSDC
Aster EDGEUSDT
BloFin EDGE-USDT
Binance EDGEUSDT
MEXC EDGE_USDT