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

EDGE

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0035%/8h= +3.9% APRpaid last 24h +0.005%
Price spread now: BloFin against Extended0.000%74s7-day average +0.121% · you sell dearer than you buy
Net, funding: paid 7d − costs−$201as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1991.989% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.016%−$2 on $10k
Price spread, last 4 days (all we have)+0.195%+$19 · spread now 0.000%, 7d avg +0.121%
Together, before fees+0.178%+ Points / potential airdropExtended: Active · farm board+$18 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.120% cheaper against Extended than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.121%). If the spread goes back, that is −$12 on $10k: about 11 days of funding at the current rate (+$1 a day). The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended EDGE-USD0.59680.0472pay 0.0059% / 1h17m 46s$31K$269K5x
ShortBloFin EDGE-USDT0.59680.0507get 0.0254% / 4h17m 46s$672K$106K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Extended. 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
$7.4
Price spread: 0.000% → +0.121%
−$12.03
Slippage, 4 orders
−$181.9
Fee Extended: 2.5 bp × 2 orders
−$5
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$203.54
Costs to cover
1.989%
Break-even
199.6 days
Slippage from Extended: live order book, 40 min ago; BloFin: live order book, 64 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 Extended live order book, 40 min ago3.39 bp47.6 bp −$48471.0 bp −$4,710doesn't fitdoesn't fit
Sell BloFin live order book, 64 min ago9.95 bp26.5 bp −$2676.3 bp −$763doesn'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%1h0.5956−0.197%$43K$22K3xas long as short
Bybit EDGEUSDT+0.0100%4h0.5961−0.117%$7.2M$3.4M25xas long as short
KuCoin EDGEUSDTM+0.0100%4h0.5970+0.034%$2.1M$2.2M50xas long as short
Bitget EDGEUSDT+0.0100%4h0.5967−0.016%$4.7M$1.1M20xas long as short
Backpack EDGE_USDC_PERP+0.0100%1h0.5968+0.007%$58K$122K3.3xas long as short
Variational Omni EDGE+0.0100%4h0.5950−0.302%$188K$145Kas long as short
GRVT EDGE_USDT_Perp+0.0100%4h0.5963−0.083%$10K$3.1M10xas long as short
ApeX Omni EDGEUSDT+0.0100%1h0.5977+0.151%$9K$296K50xas long as short
SunX EDGE-USDT+0.0100%4h0.5926−0.703%$3K$645K10xas long as short
Aster EDGEUSDT+0.0289%4h0.5966−0.033%$52K$153K5xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX EDGEUSDC+0.0444%4h0.5966−0.036%$14.3M$3.7M30xas long as short
Extended EDGE-USDlong+0.0472%1h0.5968long leg$31K$269K5x
MEXC EDGE_USDT+0.0472%4h0.5969+0.017%$1.1M$761K50xas long as short
Binance EDGEUSDT+0.0472%4h0.5969+0.025%$10.3M$10.9M50xas long as short
OKX EDGE-USDT-SWAP+0.0477%4h0.5972+0.067%$3.7M$6.1M20xas long as short
BloFin EDGE-USDTshort+0.0507%4h0.59680.000%$672K$106K50x
Orderly PERP_EDGE_USDC+0.0635%4h0.5967−0.016%$2K$1K10xas long as short