Funding you earn now, next payment 22:00 UTC−0.0280%/8h= −30.6% APRpaid last 24h −0.055%
Price spread now: ApeX Omni against Binance+0.881%89s7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$478as 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−$4564.557% of the position
Funding, last 7 days−0.219%−$22 on $10k
+Price spread, last 3 days (all we have)−0.762%−$76 · spread now +0.881%, 7d avg +0.010%
=The price spread pays, funding is against you. ApeX Omni is 0.871% dearer against Binance than usual: you sell high and buy low (spread +0.881% now, against its 7-day average of +0.010%): +$87 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 10 days. At the pace of the last 7 days (−0.219% in total) that is about 28 days. The two prices were read 89 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance EDGEUSDT | 0.5817 | 0.0380 | pay 0.0190% / 4h | 2h 08m | $9.9M | $10.0M | 50x |
| Short | ApeX Omni EDGEUSDT | 0.5868 | 0.0100 | get 0.0013% / 1h | 8m 01s | $8K | $295K | 50x |
Binance EDGEUSDT
ApeX Omni EDGEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Binance. 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
- −$58.74
- Price spread: +0.881% → +0.010%
- $87.11
- Slippage, 4 orders
- −$435.73
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$427.37
- Costs to cover
- 4.557%
- Break-even
- never at this rate
Slippage from Binance: live order book, 2 min ago; ApeX Omni: live order book, 14 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 Binance live order book, 2 min ago | 0.85 bp | 28.5 bp −$28 | 246.1 bp −$2,461 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 14 min ago | 18.70 bp | 187.6 bp −$188 | doesn't fit | 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 | −0.0104% | 1h | 0.5814 | −0.042% | $59K | $100K | 3.3x | as long as short |
| Lighter EDGE | +0.0096% | 1h | 0.5799 | −0.312% | $54K | $10K | 3x | as long as short |
| Bybit EDGEUSDT | +0.0100% | 4h | 0.5798 | −0.322% | $6.8M | $3.3M | 25x | as long as short |
| Bitget EDGEUSDT | +0.0100% | 4h | 0.5804 | −0.219% | $4.6M | $991K | 20x | as long as short |
| Variational Omni EDGE | +0.0100% | 4h | 0.5852 | +0.612% | $191K | $130K | — | as long as short |
| GRVT EDGE_USDT_Perp | +0.0100% | 4h | 0.5868 | +0.876% | $2K | $1.7M | 10x | as long as short |
| ApeX Omni EDGEUSDTshort | +0.0100% | 1h | 0.5868 | +0.881% | $8K | $295K | 50x | |
| SunX EDGE-USDT | +0.0100% | 4h | 0.5778 | −0.666% | $3K | $603K | 10x | as long as short |
| KuCoin EDGEUSDTM | +0.0132% | 4h | 0.5811 | −0.099% | $2.0M | $2.3M | 50x | as long as short |
| Aster EDGEUSDT | +0.0364% | 4h | 0.5808 | −0.153% | $67K | $135K | 5x | as long as short |
Backpack EDGE_USDC_PERP
Lighter EDGE
Bybit EDGEUSDT
Bitget EDGEUSDT
Variational Omni EDGE
GRVT EDGE_USDT_Perp
SunX EDGE-USDT
KuCoin EDGEUSDTM
Aster EDGEUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended EDGE-USD | +0.0376% | 1h | 0.5813 | −0.069% | $26K | $230K | 5x | as long as short |
| Binance EDGEUSDTlong | +0.0380% | 4h | 0.5817 | long leg | $9.9M | $10.0M | 50x | |
| MEXC EDGE_USDT | +0.0384% | 4h | 0.5817 | +0.004% | $1.1M | $938K | 50x | as long as short |
| edgeX EDGEUSDC | +0.0420% | 4h | 0.5866 | +0.840% | $14.0M | $3.4M | 30x | as long as short |
| BloFin EDGE-USDT | +0.0430% | 4h | 0.5868 | +0.881% | $633K | $125K | 50x | as long as short |
| OKX EDGE-USDT-SWAP | +0.0433% | 4h | 0.5811 | −0.099% | $3.5M | $5.7M | 20x | as long as short |
| Orderly PERP_EDGE_USDC | +0.0448% | 4h | 0.5805 | −0.202% | $3K | — | 10x | as long as short |
Extended EDGE-USD
MEXC EDGE_USDT
edgeX EDGEUSDC
BloFin EDGE-USDT
OKX EDGE-USDT-SWAP
Orderly PERP_EDGE_USDC