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

EDGE

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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0404%/8h= +44.2% APRpaid last 24h +0.083%
Price spread now: Extended against Variational Omni−0.137%7-day average +0.005% · you buy dearer than you sell
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)+0.135%+$14 on $10k
Price spread, last 4 days (all we have)+0.055%+$6 · spread now −0.137%, 7d avg +0.005%
Together, before fees+0.191%+ Points / potential airdropVariational Omni: Active · Extended: Active · farm board+$19 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.141% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.137% now, against its 7-day average of +0.005%). If the spread goes back, that is −$14 on $10k: about 28 hours of funding at the current rate (+$12 a day). At the pace of the last 4 days (+0.135% in total) that is about 3.7 days.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.135% in total (about 13.9% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni EDGE0.59230.0100pay 0.0050% / 4h2h 54m$187K$144K
ShortExtended EDGE-USD0.59150.0504get 0.0063% / 1h54m 42s$28K$82K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Variational Omni. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$84.84
Price spread: −0.137% → +0.005%
−$14.12
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$65.72
Costs to cover
0.050%
Break-even
1.6 days
Slippage unknown: Variational Omni: RFQ quote, 59 min ago; Extended: 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, 59 min ago5.04 bpdoesn't fit448.7 bp −$4,487doesn't fitdoesn't fit
Sell Extended live order book, 57 min ago2.78 bp91.3 bp −$91doesn't fitdoesn'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−0.0284%1h0.5917−0.118%$59K$115K3.3xas long as short
Lighter EDGE+0.0096%1h0.5910−0.231%$43K$19K3xas long as short
Bybit EDGEUSDT+0.0100%4h0.5908−0.261%$7.1M$3.4M25xas long as short
KuCoin EDGEUSDTM+0.0100%4h0.5923−0.008%$2.1M$2.2M50xas long as short
Bitget EDGEUSDT+0.0100%4h0.5917−0.109%$4.7M$1.1M20xas long as short
Variational Omni EDGElong+0.0100%4h0.5923long leg$187K$144K
GRVT EDGE_USDT_Perp+0.0100%4h0.5939+0.263%$2K$2.7M10xas long as short
ApeX Omni EDGEUSDT+0.0100%1h0.5944+0.347%$9K$305K50xas long as short
SunX EDGE-USDT+0.0100%4h0.5882−0.700%$4K$632K10xas long as short
Aster EDGEUSDT+0.0415%4h0.5922−0.030%$53K$155K5xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended EDGE-USDshort+0.0504%1h0.5915−0.137%$28K$82K5x
MEXC EDGE_USDT+0.0506%4h0.5913−0.177%$1.1M$811K50xas long as short
Binance EDGEUSDT+0.0507%4h0.5916−0.132%$10.1M$10.5M50xas long as short
edgeX EDGEUSDC+0.0523%4h0.5921−0.048%$14.2M$3.7M30xas long as short
OKX EDGE-USDT-SWAP+0.0525%4h0.5918−0.092%$3.7M$5.8M20xas long as short
BloFin EDGE-USDT+0.0559%4h0.5930+0.110%$660K$103K50xas long as short
Orderly PERP_EDGE_USDC+0.0595%4h0.5921−0.042%$3K$1K10xas long as short