Funding arb · Price arb /

EDGE

all EDGE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: ApeX Omni against SunX+0.693%73s7-day average −0.462% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on SunX Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)−1.040%−$104 · spread now +0.693%, 7d avg −0.462%

Together, before fees−1.040%−$104 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 1.155% dearer against SunX than usual: you sell high and buy low, +$116 on $10k if it goes back to its 7-day average of −0.462%. The two prices were read 73 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX EDGE-USDT	0.5919	0.0100	pay 0.0050% / 4h	3h 26m	$4K	$649K	10x
Short	ApeX Omni EDGEUSDT	0.5960	0.0100	get 0.0013% / 1h	26m 03s	$9K	$296K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against SunX. 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 SunXbpFee ApeX OmnibpOrdersPrice spread, now +0.693%Rate

Funding earned: $0
Price spread: +0.693% → −0.462%: $115.51
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: $97.51
Costs to cover: 0.180%
Break-even: from the start

Slippage unknown: SunX: live order book, 16 min ago; ApeX Omni: live order book, 6 min ago. Net counts fees only.

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 SunX live order book, 16 min ago	759.71 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 6 min ago	9.21 bp	182.7 bp −$183	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	0.5942	+0.389%	$43K	$22K	3x	as long as short
Bybit EDGEUSDT	+0.0100%	4h	0.5947	+0.473%	$7.2M	$3.4M	25x	as long as short
Bitget EDGEUSDT	+0.0100%	4h	0.5944	+0.422%	$4.7M	$1.2M	20x	as long as short
Backpack EDGE_USDC_PERP	+0.0100%	1h	0.5951	+0.546%	$57K	$120K	3.3x	as long as short
Variational Omni EDGE	+0.0100%	4h	0.5945	+0.440%	$188K	$145K	—	as long as short
GRVT EDGE_USDT_Perp	+0.0100%	4h	0.5957	+0.642%	$8K	$3.3M	10x	as long as short
ApeX Omni EDGEUSDTshort	+0.0100%	1h	0.5960	+0.693%	$9K	$296K	50x
SunX EDGE-USDTlong	+0.0100%	4h	0.5919	long leg	$4K	$649K	10x
KuCoin EDGEUSDTM	+0.0170%	4h	0.5960	+0.693%	$2.1M	$2.2M	50x	as long as short
Aster EDGEUSDT	+0.0398%	4h	0.5957	+0.648%	$52K	$150K	5x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX EDGE-USDT-SWAP	+0.0517%	4h	0.5961	+0.710%	$3.7M	$6.1M	20x	as long as short
edgeX EDGEUSDC	+0.0567%	4h	0.5959	+0.676%	$14.4M	$3.7M	30x	as long as short
MEXC EDGE_USDT	+0.0582%	4h	0.5955	+0.608%	$1.1M	$720K	50x	as long as short
Binance EDGEUSDT	+0.0583%	4h	0.5954	+0.592%	$10.3M	$11.1M	50x	as long as short
Extended EDGE-USD	+0.0584%	1h	0.5952	+0.562%	$27K	$270K	5x	as long as short
BloFin EDGE-USDT	+0.0624%	4h	0.5961	+0.710%	$673K	$106K	50x	as long as short
Orderly PERP_EDGE_USDC	+0.0669%	4h	0.5955	+0.608%	$2K	$1K	10x	as long as short