data as of
Settings8H · net · $10k
Funding arb /

EDGE

all EDGE markets
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Funding spread now, next payment 19:00 UTC−0.1656%/8h
next payment, per $10,000$2.07paid, last 24h−0.095%paid, last 5 days+0.198%to open and close $10k−$184
The current rate is far above what this pair has been paying: over the last 5 days it paid 0.198% in total (about 14.1% a year). A funding rate is set anew for every payment; at this rate the next one is about $2.07 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended EDGE-USD0.59880.0304pay 0.0038% / 1h14m 20s$27K$230K5x
ShortBackpack EDGE_USDC_PERP0.5973−0.1352pay 0.0169% / 1h14m 20s$60K$111K3.3x

Funding history

latest
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Funding on every exchange

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latest

Profit calculator

Funding earned
−$347.73
Slippage, 4 orders
−$169.14
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Backpack: 5 bp × 2 orders
−$10
Net
−$531.87
Break-even
never at this rate
Slippage from Extended: live order book, 60 min ago; Backpack: live order book, 36 min ago.

Price risk

price view
Price gap now
−0.250%
Avg gap 7d
−0.100%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 60 min ago4.82 bp41.9 bp −$42476.4 bp −$4,764doesn't fitdoesn't fit
Sell Backpack live order book, 36 min ago2.27 bp23.0 bp −$23doesn't fitdoesn't fitdoesn't fit

EDGE on 16 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Backpack EDGE_USDC_PERPshort−0.1352%1h$60K$111K3.3x
Lighter EDGE+0.0096%1h$55K$9K3xas long as short
Bybit EDGEUSDT+0.0100%4h$7.0M$3.1M25xas long as short
KuCoin EDGEUSDTM+0.0100%4h$2.1M$2.2M50xas long as short
Bitget EDGEUSDT+0.0100%4h$4.8M$936K20xas long as short
Variational Omni EDGE+0.0100%4h$179K$111Kas long as short
ApeX Omni EDGEUSDT+0.0100%1h$1K$289K50xas long as short
SunX EDGE-USDT+0.0100%4h$4K$574K10xas long as short
OKX EDGE-USDT-SWAP+0.0102%4h$3.7M$5.7M20xas long as short
edgeX EDGEUSDC+0.0118%4h$14.3M$3.4M30xas long as short
Show all 16 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
BloFin EDGE-USDT+0.0266%4h$649K$125K50xas long as short
Binance EDGEUSDT+0.0302%4h$10.1M$9.7M50xas long as short
Extended EDGE-USDlong+0.0304%1h$27K$230K5x
MEXC EDGE_USDT+0.0310%4h$1.2M$926K50xas long as short
Aster EDGEUSDT+0.0376%4h$68K$135K5xas long as short
Orderly PERP_EDGE_USDC+0.0596%4h$3K10xas long as short