Funding you earn now, next payment 00:00 UTC−0.0521%/8h= −57.0% APRnext payment −$2.60 per $10,000 · paid last 24h −0.068%
Price spread now: Bybit against Aster−0.084%7-day average −0.100% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$505as in the Price arb table
costs, in and out, $10k−$5075.071% of the position
Funding, last 5 days (all we have)−0.214%−$21 on $10k
+Price spread, last 4 days (all we have)−0.039%−$4 · spread now −0.084%, 7d avg −0.100%
=Together, before fees−0.253%+ Points / potential airdropAster: Stage 5 · farm board−$25 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.100%, so right now this pair is about funding alone: −$16 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid -0.214% in total (about -14.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.60 per $10,000. 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 | Aster EDGEUSDT | 0.5971 | 0.0621 | pay 0.0310% / 4h | 4m 41s | $69K | $133K | 5x |
| Short | Bybit EDGEUSDT | 0.5966 | 0.0100 | get 0.0050% / 4h | 4m 41s | $7.1M | $3.3M | 25x |
Aster EDGEUSDT
Bybit EDGEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Aster. 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
- −$109.32
- Price spread: −0.084% → −0.100%
- $1.61
- Slippage, 4 orders
- −$488.08
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$614.79
- Costs to cover
- 5.071%
- Break-even
- never at this rate
Slippage from Aster: live order book, 6 min ago; Bybit: 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 Aster live order book, 6 min ago | 7.56 bp | 303.0 bp −$303 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 3.36 bp | 89.9 bp −$90 | 339.8 bp −$3,398 | 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 | 0.5957 | −0.236% | $53K | $11K | 3x | as long as short |
| Backpack EDGE_USDC_PERP | +0.0097% | 1h | 0.5968 | −0.050% | $58K | $101K | 3.3x | as long as short |
| Bybit EDGEUSDTshort | +0.0100% | 4h | 0.5966 | −0.084% | $7.1M | $3.3M | 25x | |
| Bitget EDGEUSDT | +0.0100% | 4h | 0.5971 | 0.000% | $4.8M | $1.0M | 20x | as long as short |
| Variational Omni EDGE | +0.0100% | 4h | 0.5941 | −0.499% | $190K | $133K | — | as long as short |
| GRVT EDGE_USDT_Perp | +0.0100% | 4h | 0.5962 | −0.155% | $7K | $1.8M | 10x | as long as short |
| ApeX Omni EDGEUSDT | +0.0100% | 1h | 0.5957 | −0.234% | $9K | $289K | 50x | as long as short |
| SunX EDGE-USDT | +0.0100% | 4h | 0.5924 | −0.787% | $4K | $613K | 10x | as long as short |
| KuCoin EDGEUSDTM | +0.0172% | 4h | 0.5972 | +0.017% | $2.1M | $2.2M | 50x | as long as short |
| BloFin EDGE-USDT | +0.0607% | 4h | 0.5971 | 0.000% | $644K | $96K | 50x | as long as short |
Lighter EDGE
Backpack EDGE_USDC_PERP
Bitget EDGEUSDT
Variational Omni EDGE
GRVT EDGE_USDT_Perp
ApeX Omni EDGEUSDT
SunX EDGE-USDT
KuCoin EDGEUSDTM
BloFin EDGE-USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster EDGEUSDTlong | +0.0621% | 4h | 0.5971 | long leg | $69K | $133K | 5x | |
| MEXC EDGE_USDT | +0.0630% | 4h | 0.5974 | +0.050% | $1.2M | $917K | 50x | as long as short |
| Extended EDGE-USD | +0.0632% | 1h | 0.5972 | +0.014% | $27K | $230K | 5x | as long as short |
| Binance EDGEUSDT | +0.0641% | 4h | 0.5971 | 0.000% | $10.1M | $10.1M | 50x | as long as short |
| edgeX EDGEUSDC | +0.0680% | 4h | 0.5961 | −0.163% | $14.2M | $3.5M | 30x | as long as short |
| OKX EDGE-USDT-SWAP | +0.0682% | 4h | 0.5972 | +0.017% | $3.7M | $5.9M | 20x | as long as short |
| Orderly PERP_EDGE_USDC | +0.0736% | 4h | 0.5969 | −0.033% | $3K | — | 10x | as long as short |
MEXC EDGE_USDT
Extended EDGE-USD
Binance EDGEUSDT
edgeX EDGEUSDC
OKX EDGE-USDT-SWAP
Orderly PERP_EDGE_USDC