Funding you earn now, next payment 01:00 UTC−0.0492%/8h= −53.9% APRpaid last 24h −0.066%
Price spread now: Bybit against Extended−0.251%7-day average −0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$305as in the Funding arb table
Net, price: spread back to 7d avg − costs−$302as in the Price arb table
costs, in and out, $10k−$2812.805% of the position
Funding, last 7 days−0.243%−$24 on $10k
+Price spread, last 4 days (all we have)+0.219%+$22 · spread now −0.251%, 7d avg −0.036%
=Together, before fees−0.024%+ Points / potential airdropExtended: Active · farm board−$2 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and Bybit is 0.215% cheaper against Extended than usual: you would sell low and buy high (−$22 if the spread goes back to its 7-day average of −0.036%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.243% in total (about -12.7% 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 | 0.6028 | 0.0592 | pay 0.0074% / 1h | 7m 24s | $27K | $194K | 5x |
| Short | Bybit EDGEUSDT | 0.6013 | 0.0100 | get 0.0050% / 4h | 3h 07m | $7.2M | $3.3M | 25x |
Extended EDGE-USD
Bybit EDGEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$103.32
- Price spread: −0.251% → −0.036%
- −$21.52
- Slippage, 4 orders
- −$264.5
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$405.34
- Costs to cover
- 2.805%
- Break-even
- never at this rate
Slippage from Extended: live order book, 65 min ago; Bybit: live order book, 1 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, 65 min ago | 4.87 bp | 31.5 bp −$32 | 454.2 bp −$4,542 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 2.49 bp | 74.9 bp −$75 | 314.3 bp −$3,143 | 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 | 0.6014 | −0.234% | $50K | $14K | 3x | as long as short |
| Bybit EDGEUSDTshort | +0.0100% | 4h | 0.6013 | −0.251% | $7.2M | $3.3M | 25x | |
| KuCoin EDGEUSDTM | +0.0100% | 4h | 0.6025 | −0.052% | $2.2M | $2.2M | 50x | as long as short |
| Bitget EDGEUSDT | +0.0100% | 4h | 0.6024 | −0.068% | $4.8M | $1.0M | 20x | as long as short |
| Backpack EDGE_USDC_PERP | +0.0100% | 1h | 0.6024 | −0.077% | $57K | $99K | 3.3x | as long as short |
| Variational Omni EDGE | +0.0100% | 4h | 0.6005 | −0.392% | $192K | $126K | — | as long as short |
| GRVT EDGE_USDT_Perp | +0.0100% | 4h | 0.6029 | +0.015% | $486 | $1.9M | 10x | as long as short |
| ApeX Omni EDGEUSDT | +0.0100% | 1h | 0.6035 | +0.114% | $9K | $294K | 50x | as long as short |
| SunX EDGE-USDT | +0.0100% | 4h | 0.6304 | +4.577% | $4K | $611K | 10x | as long as short |
| edgeX EDGEUSDC | +0.0458% | 4h | 0.6038 | +0.170% | $14.4M | $3.6M | 30x | 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
edgeX EDGEUSDCShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX EDGE-USDT-SWAP | +0.0489% | 4h | 0.6028 | −0.002% | $3.7M | $5.8M | 20x | as long as short |
| Aster EDGEUSDT | +0.0578% | 4h | 0.6028 | −0.002% | $69K | $133K | 5x | as long as short |
| Binance EDGEUSDT | +0.0582% | 4h | 0.6023 | −0.085% | $10.3M | $10.2M | 50x | as long as short |
| MEXC EDGE_USDT | +0.0588% | 4h | 0.6023 | −0.085% | $1.2M | $916K | 50x | as long as short |
| BloFin EDGE-USDT | +0.0589% | 4h | 0.6025 | −0.052% | $655K | $96K | 50x | as long as short |
| Extended EDGE-USDlong | +0.0592% | 1h | 0.6028 | long leg | $27K | $194K | 5x | |
| Orderly PERP_EDGE_USDC | +0.0796% | 4h | 0.6024 | −0.068% | $3K | — | 10x | as long as short |
OKX EDGE-USDT-SWAP
Aster EDGEUSDT
Binance EDGEUSDT
MEXC EDGE_USDT
BloFin EDGE-USDT
Orderly PERP_EDGE_USDC