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+0.0407%/8h= +44.6% APRnext payment +$2.04 per $10,000 · paid last 24h +0.102%
Price spread now: BloFin against Variational Omni+0.200%56s7-day average +0.126% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.147%+$15 on $10k
Price spread, last 4 days (all we have)+0.060%+$6 · spread now +0.200%, 7d avg +0.126%
Together, before fees+0.207%+ Points / potential airdropVariational Omni: Active · farm board+$21 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and BloFin is 0.074% dearer against Variational Omni than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.126%. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni EDGE0.59490.0100pay 0.0050% / 4h2h 34m$188K$144K
ShortBloFin EDGE-USDT0.59610.0507get 0.0254% / 4h2h 34m$662K$103K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Variational Omni. 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
$85.48
Price spread: +0.200% → +0.126%
$7.44
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee BloFin: 6 bp × 2 orders
−$12
Net
$80.92
Costs to cover
0.120%
Break-even
0.4 days
Slippage unknown: Variational Omni: RFQ quote, 15 min ago; BloFin: live order book, 57 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 15 min ago5.89 bpdoesn't fit423.5 bp −$4,235doesn't fitdoesn't fit
Sell BloFin live order book, 57 min ago3.35 bp41.2 bp −$41141.8 bp −$1,418doesn'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−0.0078%1h0.5955+0.096%$59K$116K3.3xas long as short
Lighter EDGE+0.0096%1h0.5950+0.019%$43K$19K3xas long as short
Bybit EDGEUSDT+0.0100%4h0.5930−0.321%$7.1M$3.3M25xas long as short
KuCoin EDGEUSDTM+0.0100%4h0.5947−0.035%$2.1M$2.2M50xas long as short
Bitget EDGEUSDT+0.0100%4h0.5942−0.119%$4.7M$1.1M20xas long as short
Variational Omni EDGElong+0.0100%4h0.5949long leg$188K$144K
GRVT EDGE_USDT_Perp+0.0100%4h0.5954+0.083%$9K$2.7M10xas long as short
ApeX Omni EDGEUSDT+0.0100%1h0.5965+0.268%$9K$300K50xas long as short
SunX EDGE-USDT+0.0100%4h0.5924−0.422%$4K$631K10xas long as short
Aster EDGEUSDT+0.0356%4h0.5955+0.100%$53K$155K5xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX EDGEUSDC+0.0442%4h0.5943−0.098%$14.2M$3.6M30xas long as short
OKX EDGE-USDT-SWAP+0.0445%4h0.5945−0.069%$3.7M$5.9M20xas long as short
Extended EDGE-USD+0.0456%1h0.5943−0.095%$27K$86K5xas long as short
MEXC EDGE_USDT+0.0458%4h0.5943−0.102%$1.0M$814K50xas long as short
Binance EDGEUSDT+0.0460%4h0.5944−0.087%$10.2M$10.6M50xas long as short
BloFin EDGE-USDTshort+0.0507%4h0.5961+0.200%$662K$103K50x
Orderly PERP_EDGE_USDC+0.0578%4h0.5945−0.069%$3K$1K10xas long as short