EDGE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0074%/8h= −8.1% APRnext payment −$0.37 per $10,000 · paid last 24h +0.049%

Price spread now: Aster against OKX−0.079%7-day average −0.011% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$311as in the Price arb table

costs, in and out, $10k−$3043.042% of the position

Long on OKX Short on Aster

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)+0.149%+$15 on $10k

Price spread, last 4 days (all we have)+0.149%+$15 · spread now −0.079%, 7d avg −0.011%

Together, before fees+0.298%+ Points / potential airdropAster: Stage 5 · farm board+$30 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Aster is 0.068% cheaper against OKX than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.011%). Swap the legs. Mind the row above: over the last 6 days funding on this pair paid +0.149%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX EDGE-USDT-SWAP	0.5935	0.0523	pay 0.0261% / 4h	3h 49m	$3.7M	$5.8M	20x
Short	Aster EDGEUSDT	0.5930	0.0449	get 0.0224% / 4h	3h 49m	$58K	$152K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against OKX. 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

Position, each leg$Hold fordaysFee OKXbpFee AsterbpOrdersPrice spread, now −0.079%Rate

Funding earned: −$15.54
Price spread: −0.079% → −0.011%: −$6.84
Slippage, 4 orders: −$286.21
Fee OKX: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$326.6
Costs to cover: 3.042%
Break-even: never at this rate

Slippage from OKX: live order book, 3 min ago; Aster: 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 OKX live order book, 3 min ago	3.36 bp	24.2 bp −$24	145.6 bp −$1,456	doesn't fit	doesn't fit
Sell Aster live order book, 1 min ago	5.89 bp	192.5 bp −$192	doesn't fit	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	0.5916	−0.313%	$43K	$19K	3x	as long as short
Bybit EDGEUSDT	+0.0100%	4h	0.5916	−0.320%	$7.1M	$3.3M	25x	as long as short
KuCoin EDGEUSDTM	+0.0100%	4h	0.5932	−0.051%	$2.1M	$2.2M	50x	as long as short
Bitget EDGEUSDT	+0.0100%	4h	0.5934	−0.017%	$4.7M	$1.1M	20x	as long as short
Backpack EDGE_USDC_PERP	+0.0100%	1h	0.5924	−0.190%	$58K	$110K	3.3x	as long as short
Variational Omni EDGE	+0.0100%	4h	0.5928	−0.110%	$188K	$136K	—	as long as short
GRVT EDGE_USDT_Perp	+0.0100%	4h	0.5964	+0.495%	$12K	$2.5M	10x	as long as short
ApeX Omni EDGEUSDT	+0.0100%	1h	0.5968	+0.556%	$9K	$305K	50x	as long as short
SunX EDGE-USDT	+0.0100%	4h	0.6205	+4.549%	$4K	$625K	10x	as long as short
BloFin EDGE-USDT	+0.0449%	4h	0.5940	+0.084%	$656K	$102K	50x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster EDGEUSDTshort	+0.0449%	4h	0.5930	−0.079%	$58K	$152K	5x
Binance EDGEUSDT	+0.0468%	4h	0.5927	−0.134%	$10.2M	$10.5M	50x	as long as short
Extended EDGE-USD	+0.0472%	1h	0.5923	−0.204%	$27K	$198K	5x	as long as short
MEXC EDGE_USDT	+0.0478%	4h	0.5928	−0.118%	$1.0M	$863K	50x	as long as short
edgeX EDGEUSDC	+0.0497%	4h	0.5968	+0.552%	$14.3M	$3.6M	30x	as long as short
OKX EDGE-USDT-SWAPlong	+0.0523%	4h	0.5935	long leg	$3.7M	$5.8M	20x
Orderly PERP_EDGE_USDC	+0.0563%	4h	0.5927	−0.135%	$3K	$359	10x	as long as short