Funding you earn now, next payment 02:00 UTC−0.0404%/8h= −44.2% APRpaid last 24h −0.070%
Price spread now: Bitget against Extended−0.285%7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$228as in the Funding arb table
Net, price: spread back to 7d avg − costs−$231as in the Price arb table
costs, in and out, $10k−$2042.045% of the position
Funding, last 7 days−0.238%−$24 on $10k
+Price spread, last 4 days (all we have)+0.189%+$19 · spread now −0.285%, 7d avg −0.015%
=Together, before fees−0.050%+ Points / potential airdropExtended: Active · farm board−$5 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 Bitget is 0.270% cheaper against Extended than usual: you would sell low and buy high (−$27 if the spread goes back to its 7-day average of −0.015%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.238% in total (about -12.4% 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 | Extended EDGE-USD | 0.5941 | 0.0504 | pay 0.0063% / 1h | 22m 52s | $27K | $194K | 5x |
| Short | Bitget EDGEUSDT | 0.5924 | 0.0100 | get 0.0050% / 4h | 2h 22m | $4.7M | $1.1M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$84.84
- Price spread: −0.285% → −0.015%
- −$26.99
- Slippage, 4 orders
- −$187.45
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$316.28
- Costs to cover
- 2.045%
- Break-even
- never at this rate
Slippage from Extended: live order book, 44 min ago; Bitget: live order book, 5 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, 44 min ago | 3.42 bp | 61.2 bp −$61 | 498.0 bp −$4,980 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 7.59 bp | 32.2 bp −$32 | 305.5 bp −$3,055 | doesn't fit | doesn't fit |
EDGE on 16 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 | 0.5930 | −0.175% | $44K | $18K | 3x | as long as short |
| Bybit EDGEUSDT | +0.0100% | 4h | 0.5928 | −0.218% | $7.1M | $3.4M | 25x | as long as short |
| KuCoin EDGEUSDTM | +0.0100% | 4h | 0.5926 | −0.251% | $2.1M | $2.2M | 50x | as long as short |
| Bitget EDGEUSDTshort | +0.0100% | 4h | 0.5924 | −0.285% | $4.7M | $1.1M | 20x | |
| Backpack EDGE_USDC_PERP | +0.0100% | 1h | 0.5932 | −0.157% | $58K | $105K | 3.3x | as long as short |
| Variational Omni EDGE | +0.0100% | 4h | 0.5914 | −0.461% | $194K | $128K | — | as long as short |
| GRVT EDGE_USDT_Perp | +0.0100% | 4h | 0.5928 | −0.218% | $6K | $2.0M | 10x | as long as short |
| ApeX Omni EDGEUSDT | +0.0100% | 1h | 0.5931 | −0.167% | $9K | $304K | 50x | as long as short |
| SunX EDGE-USDT | +0.0100% | 4h | 0.5889 | −0.874% | $4K | $620K | 10x | as long as short |
| OKX EDGE-USDT-SWAP | +0.0488% | 4h | 0.5945 | +0.069% | $3.7M | $5.8M | 20x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended EDGE-USDlong | +0.0504% | 1h | 0.5941 | long leg | $27K | $194K | 5x | |
| edgeX EDGEUSDC | +0.0506% | 4h | 0.5937 | −0.071% | $14.2M | $3.6M | 30x | as long as short |
| Binance EDGEUSDT | +0.0508% | 4h | 0.5942 | +0.025% | $10.1M | $10.4M | 50x | as long as short |
| MEXC EDGE_USDT | +0.0510% | 4h | 0.5938 | −0.049% | $1.2M | $912K | 50x | as long as short |
| Aster EDGEUSDT | +0.0515% | 4h | 0.5930 | −0.183% | $68K | $132K | 5x | as long as short |
| Orderly PERP_EDGE_USDC | +0.0716% | 4h | 0.5921 | −0.335% | $3K | — | 10x | as long as short |
Extended EDGE-USD
Bitget EDGEUSDT
Lighter EDGE
Bybit EDGEUSDT
KuCoin EDGEUSDTM
Backpack EDGE_USDC_PERP
Variational Omni EDGE
GRVT EDGE_USDT_Perp
ApeX Omni EDGEUSDT
SunX EDGE-USDT
OKX EDGE-USDT-SWAP
edgeX EDGEUSDC
Binance EDGEUSDT
MEXC EDGE_USDT
Aster EDGEUSDT