Funding you earn now, next payment 07:00 UTC+0.0325%/8h= +35.6% APRpaid last 24h +0.056%
Price spread now: OKX against ApeX Omni+0.133%110s7-day average −0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$377as 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−$3873.868% of the position
Funding, last 7 days+0.099%+$10 on $10k
+Price spread, last 4 days (all we have)−0.265%−$26 · spread now +0.133%, 7d avg −0.003%
=Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and OKX is 0.137% dearer against ApeX Omni than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of −0.003%. The two prices were read 110 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 0.099% in total (about 5.2% 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 | 0.6000 | 0.0100 | pay 0.0013% / 1h | 1m 47s | $9K | $295K | 50x |
| Short | OKX EDGE-USDT-SWAP | 0.6008 | 0.0425 | get 0.0212% / 4h | 1h 01m | $3.8M | $6.1M | 20x |
ApeX Omni EDGEUSDT
OKX EDGE-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $68.2
- Price spread: +0.133% → −0.003%
- $13.68
- Slippage, 4 orders
- −$366.79
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$304.91
- Costs to cover
- 3.868%
- Break-even
- 38.3 days
Slippage from ApeX Omni: live order book, 41 min ago; OKX: 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 ApeX Omni live order book, 41 min ago | 14.15 bp | 176.0 bp −$176 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 0.83 bp | 19.3 bp −$19 | 116.7 bp −$1,167 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack EDGE_USDC_PERP | −0.0241% | 1h | 0.6000 | +0.005% | $57K | $121K | 3.3x | as long as short |
| Lighter EDGE | +0.0096% | 1h | 0.5993 | −0.115% | $44K | $22K | 3x | as long as short |
| Bybit EDGEUSDT | +0.0100% | 4h | 0.6001 | +0.017% | $7.2M | $3.3M | 25x | as long as short |
| KuCoin EDGEUSDTM | +0.0100% | 4h | 0.5999 | −0.017% | $2.1M | $2.2M | 50x | as long as short |
| Bitget EDGEUSDT | +0.0100% | 4h | 0.6004 | +0.067% | $4.8M | $1.1M | 20x | as long as short |
| Variational Omni EDGE | +0.0100% | 4h | 0.5995 | −0.084% | $189K | $144K | — | as long as short |
| GRVT EDGE_USDT_Perp | +0.0100% | 4h | 0.5997 | −0.050% | $4K | $3.0M | 10x | as long as short |
| ApeX Omni EDGEUSDTlong | +0.0100% | 1h | 0.6000 | long leg | $9K | $295K | 50x | |
| SunX EDGE-USDT | +0.0100% | 4h | 0.5950 | −0.833% | $4K | $642K | 10x | as long as short |
| Aster EDGEUSDT | +0.0289% | 4h | 0.6005 | +0.077% | $53K | $155K | 5x | as long as short |
Backpack EDGE_USDC_PERP
Lighter EDGE
Bybit EDGEUSDT
KuCoin EDGEUSDTM
Bitget EDGEUSDT
Variational Omni EDGE
GRVT EDGE_USDT_Perp
SunX EDGE-USDT
Aster EDGEUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX EDGE-USDT-SWAPshort | +0.0425% | 4h | 0.6008 | +0.133% | $3.8M | $6.1M | 20x | |
| Binance EDGEUSDT | +0.0454% | 4h | 0.6002 | +0.033% | $10.3M | $10.8M | 50x | as long as short |
| edgeX EDGEUSDC | +0.0458% | 4h | 0.6002 | +0.036% | $14.3M | $3.7M | 30x | as long as short |
| Extended EDGE-USD | +0.0464% | 1h | 0.6011 | +0.180% | $27K | $109K | 5x | as long as short |
| MEXC EDGE_USDT | +0.0464% | 4h | 0.6013 | +0.217% | $1.1M | $807K | 50x | as long as short |
| BloFin EDGE-USDT | +0.0479% | 4h | 0.5994 | −0.100% | $666K | $107K | 50x | as long as short |
| Orderly PERP_EDGE_USDC | +0.0627% | 4h | 0.5994 | −0.100% | $2K | $1K | 10x | as long as short |
Binance EDGEUSDT
edgeX EDGEUSDC
Extended EDGE-USD
MEXC EDGE_USDT
BloFin EDGE-USDT
Orderly PERP_EDGE_USDC