Funding you earn now, next payment 02:00 UTC+0.0414%/8h= +45.3% APRpaid last 24h +0.079%
Price spread now: Binance against ApeX Omni−0.188%109s7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$378as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$4024.025% of the position
Funding, last 7 days+0.246%+$25 on $10k
+Price spread, last 4 days (all we have)−0.327%−$33 · spread now −0.188%, 7d avg −0.018%
=Funding pays, the price is against you. Binance is 0.170% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.188% now, against its 7-day average of −0.018%). If the spread goes back, that is −$17 on $10k: about 33 hours of funding at the current rate (+$12 a day). At the pace of the last 7 days (+0.246% in total) that is about 4.8 days. The two prices were read 109 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.246% in total (about 12.8% 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni EDGEUSDT | 0.5931 | 0.0100 | pay 0.0013% / 1h | 21m 46s | $9K | $304K | 50x |
| Short | Binance EDGEUSDT | 0.5920 | 0.0514 | get 0.0257% / 4h | 2h 21m | $10.1M | $10.4M | 50x |
ApeX Omni EDGEUSDT
Binance EDGEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against ApeX Omni. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $86.86
- Price spread: −0.188% → −0.018%
- −$17.03
- Slippage, 4 orders
- −$382.46
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$332.63
- Costs to cover
- 4.025%
- Break-even
- 33.8 days
Slippage from ApeX Omni: live order book, 45 min ago; Binance: live order book, 3 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 ApeX Omni live order book, 45 min ago | 9.14 bp | 166.1 bp −$166 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 3 min ago | 1.69 bp | 25.7 bp −$26 | 150.1 bp −$1,501 | doesn't fit | doesn't fit |
EDGE on 16 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 | 0.5914 | −0.292% | $44K | $18K | 3x | as long as short |
| Bybit EDGEUSDT | +0.0100% | 4h | 0.5909 | −0.371% | $7.1M | $3.4M | 25x | as long as short |
| KuCoin EDGEUSDTM | +0.0100% | 4h | 0.5926 | −0.084% | $2.1M | $2.2M | 50x | as long as short |
| Bitget EDGEUSDT | +0.0100% | 4h | 0.5925 | −0.101% | $4.7M | $1.1M | 20x | as long as short |
| Backpack EDGE_USDC_PERP | +0.0100% | 1h | 0.5945 | +0.231% | $58K | $105K | 3.3x | as long as short |
| Variational Omni EDGE | +0.0100% | 4h | 0.5914 | −0.295% | $194K | $128K | — | as long as short |
| GRVT EDGE_USDT_Perp | +0.0100% | 4h | 0.5928 | −0.051% | $6K | $2.0M | 10x | as long as short |
| ApeX Omni EDGEUSDTlong | +0.0100% | 1h | 0.5931 | long leg | $9K | $304K | 50x | |
| SunX EDGE-USDT | +0.0100% | 4h | 0.5913 | −0.303% | $4K | $620K | 10x | as long as short |
| Extended EDGE-USD | +0.0504% | 1h | 0.5932 | +0.016% | $27K | $194K | 5x | as long as short |
Lighter EDGE
Bybit EDGEUSDT
KuCoin EDGEUSDTM
Bitget EDGEUSDT
Backpack EDGE_USDC_PERP
Variational Omni EDGE
GRVT EDGE_USDT_Perp
SunX EDGE-USDT
Extended EDGE-USDShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX EDGEUSDC | +0.0506% | 4h | 0.5937 | +0.096% | $14.2M | $3.6M | 30x | as long as short |
| OKX EDGE-USDT-SWAP | +0.0506% | 4h | 0.5917 | −0.236% | $3.7M | $5.8M | 20x | as long as short |
| MEXC EDGE_USDT | +0.0506% | 4h | 0.5916 | −0.253% | $1.1M | $912K | 50x | as long as short |
| Binance EDGEUSDTshort | +0.0514% | 4h | 0.5920 | −0.188% | $10.1M | $10.4M | 50x | |
| Aster EDGEUSDT | +0.0529% | 4h | 0.5931 | −0.001% | $68K | $132K | 5x | as long as short |
| Orderly PERP_EDGE_USDC | +0.0715% | 4h | 0.5936 | +0.084% | $3K | — | 10x | as long as short |
edgeX EDGEUSDC
OKX EDGE-USDT-SWAP
MEXC EDGE_USDT
Aster EDGEUSDT
Orderly PERP_EDGE_USDC