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−0.0240%/8h= −26.3% APRnext payment $1.20 per $10,000 · paid last 24h −0.105%
Price spread now: Variational Omni against Aster−0.763%7-day average −0.067% · 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)−0.177%−$18 on $10k
Price spread, last 4 days (all we have)+0.833%+$83 · spread now −0.763%, 7d avg −0.067%
Together, before fees+0.656%+ Points / potential airdropAster: Stage 5 · Variational Omni: Active · farm board+$66 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Variational Omni is 0.696% cheaper against Aster than usual: you would sell low and buy high (−$70 if the spread goes back to its 7-day average of −0.067%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster EDGEUSDT0.59570.0340pay 0.0170% / 4h2h 21m$52K$155K5x
ShortVariational Omni EDGE0.59120.0100get 0.0050% / 4h2h 21m$187K$144K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Aster. 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
−$50.47
Price spread: −0.763% → −0.067%
−$69.63
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$128.11
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Aster: live order book, 25 min ago; Variational Omni: RFQ quote, 27 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 Aster live order book, 25 min ago5.06 bp127.2 bp −$127doesn't fitdoesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 27 min ago5.89 bpdoesn't fit324.2 bp −$3,242doesn'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−0.0068%1h0.5968+0.183%$59K$117K3.3xas long as short
Lighter EDGE+0.0096%1h0.5951−0.106%$43K$19K3xas long as short
Bybit EDGEUSDT+0.0100%4h0.5952−0.084%$7.2M$3.3M25xas long as short
KuCoin EDGEUSDTM+0.0100%4h0.5959+0.034%$2.1M$2.2M50xas long as short
Bitget EDGEUSDT+0.0100%4h0.5953−0.067%$4.7M$1.1M20xas long as short
Variational Omni EDGEshort+0.0100%4h0.5912−0.763%$187K$144K
GRVT EDGE_USDT_Perp+0.0100%4h0.5931−0.431%$9K$2.8M10xas long as short
ApeX Omni EDGEUSDT+0.0100%1h0.5938−0.319%$9K$295K50xas long as short
SunX EDGE-USDT+0.0100%4h0.5915−0.705%$4K$633K10xas long as short
Aster EDGEUSDTlong+0.0340%4h0.5957long leg$52K$155K5x
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin EDGE-USDT+0.0424%4h0.5933−0.403%$659K$102K50xas long as short
Extended EDGE-USD+0.0448%1h0.5958+0.014%$27K$89K5xas long as short
MEXC EDGE_USDT+0.0448%4h0.5967+0.168%$1.1M$822K50xas long as short
Binance EDGEUSDT+0.0456%4h0.5961+0.067%$10.2M$10.6M50xas long as short
OKX EDGE-USDT-SWAP+0.0499%4h0.5962+0.084%$3.7M$6.0M20xas long as short
edgeX EDGEUSDC+0.0499%4h0.5942−0.257%$14.2M$3.6M30xas long as short
Orderly PERP_EDGE_USDC+0.0582%4h0.5960+0.050%$3K$1K10xas long as short