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

EDGE

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0095%/8h= +10.4% APRpaid last 24h −0.045%
Price spread now: edgeX against Extended−0.209%7-day average +0.062% · you buy dearer than you sell
Net, funding: paid 7d − costs−$225as in the Funding arb table
Net, price: spread back to 7d avg − costs−$235as in the Price arb table
costs, in and out, $10k−$2082.076% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.170%−$17 on $10k
Price spread, last 4 days (all we have)−0.698%−$70 · spread now −0.209%, 7d avg +0.062%
Together, before fees−0.868%+ Points / potential airdropExtended: Active · edgeX: Active · farm board−$87 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.270% cheaper against Extended than usual: you would sell low and buy high (spread −0.209% now, against its 7-day average of +0.062%). If the spread goes back, that is −$27 on $10k: about 9.5 days of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.170%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended EDGE-USD0.59680.0584pay 0.0073% / 1h20m 58s$27K$230K5x
ShortedgeX EDGEUSDC0.59560.0679get 0.0340% / 4h20m 58s$14.2M$3.5M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
$19.98
Price spread: −0.209% → +0.062%
−$27.04
Slippage, 4 orders
−$193.57
Fee Extended: 2.5 bp × 2 orders
−$5
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$214.63
Costs to cover
2.076%
Break-even
82.2 days
Slippage from Extended: live order book, 56 min ago; edgeX: live order book, 3 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, 56 min ago1.19 bp12.9 bp −$13434.4 bp −$4,344doesn't fitdoesn't fit
Sell edgeX live order book, 3 min ago4.20 bp31.1 bp −$31125.5 bp −$1,255doesn'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
Backpack EDGE_USDC_PERP−0.0042%1h0.5966−0.048%$58K$101K3.3xas long as short
Lighter EDGE+0.0096%1h0.5951−0.286%$55K$8K3xas long as short
Bybit EDGEUSDT+0.0100%4h0.5953−0.257%$7.0M$3.3M25xas long as short
Bitget EDGEUSDT+0.0100%4h0.5965−0.056%$4.7M$1.0M20xas long as short
Variational Omni EDGE+0.0100%4h0.5956−0.212%$192K$131Kas long as short
GRVT EDGE_USDT_Perp+0.0100%4h0.5955−0.221%$7K$1.8M10xas long as short
ApeX Omni EDGEUSDT+0.0100%1h0.5960−0.140%$9K$288K50xas long as short
SunX EDGE-USDT+0.0100%4h0.5925−0.727%$3K$613K10xas long as short
KuCoin EDGEUSDTM+0.0130%4h0.5961−0.123%$2.1M$2.2M50xas long as short
Binance EDGEUSDT+0.0581%4h0.5971+0.052%$10.1M$10.1M50xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster EDGEUSDT+0.0584%4h0.5955−0.227%$69K$133K5xas long as short
Extended EDGE-USDlong+0.0584%1h0.5968long leg$27K$230K5x
MEXC EDGE_USDT+0.0586%4h0.5969+0.011%$1.2M$916K50xas long as short
BloFin EDGE-USDT+0.0618%4h0.5958−0.174%$646K$112K50xas long as short
OKX EDGE-USDT-SWAP+0.0671%4h0.5973+0.078%$3.7M$5.9M20xas long as short
edgeX EDGEUSDCshort+0.0679%4h0.5956−0.209%$14.2M$3.5M30x
Orderly PERP_EDGE_USDC+0.0686%4h0.5957−0.190%$3K10xas long as short