EDGE

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0041%/8h= +4.5% APRnext payment +$0.20 per $10,000 · paid last 24h +0.010%

Price spread now: Aster against Binance−0.018%7-day average +0.007% · 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−$168as in the Price arb table

costs, in and out, $10k−$1651.654% of the position

Long on Binance Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)+0.013%+$1 on $10k

Price spread, last 4 days (all we have)+0.048%+$5 · spread now −0.018%, 7d avg +0.007%

Together, before fees+0.061%+ Points / potential airdropAster: Stage 5 · farm board+$6 on $10k · with fees, hour by hour

Funding pays, the price is against you. Aster is 0.025% cheaper against Binance than usual: you would sell low and buy high (spread −0.018% now, against its 7-day average of +0.007%). If the spread goes back, that is −$2 on $10k: about 2.0 days of funding at the current rate (+$1 a day). At the pace of the last 5 days (+0.013% in total) that is about 10 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance EDGEUSDT	0.5896	0.0387	pay 0.0194% / 4h	48m 54s	$10.1M	$10.3M	50x
Short	Aster EDGEUSDT	0.5895	0.0428	get 0.0214% / 4h	48m 54s	$67K	$129K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Binance. 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

Position, each leg$Hold fordaysFee BinancebpFee AsterbpOrdersPrice spread, now −0.018%Rate

Funding earned: $8.6
Price spread: −0.018% → +0.007%: −$2.49
Slippage, 4 orders: −$147.41
Fee Binance: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$159.31
Costs to cover: 1.654%
Break-even: 136.7 days

Slippage from Binance: live order book, 6 min ago; Aster: live order book, 7 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, 6 min ago	0.85 bp	32.2 bp −$32	248.9 bp −$2,489	doesn't fit	doesn't fit
Sell Aster live order book, 7 min ago	6.75 bp	38.2 bp −$38	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	−0.0385%	1h	0.5890	−0.102%	$59K	$107K	3.3x	as long as short
Lighter EDGE	+0.0096%	1h	0.5884	−0.193%	$43K	$19K	3x	as long as short
Bybit EDGEUSDT	+0.0100%	4h	0.5886	−0.164%	$7.0M	$3.3M	25x	as long as short
KuCoin EDGEUSDTM	+0.0100%	4h	0.5895	−0.012%	$2.1M	$2.2M	50x	as long as short
Bitget EDGEUSDT	+0.0100%	4h	0.5892	−0.062%	$4.7M	$1.1M	20x	as long as short
Variational Omni EDGE	+0.0100%	4h	0.5892	−0.055%	$188K	$135K	—	as long as short
GRVT EDGE_USDT_Perp	+0.0100%	4h	0.5913	+0.294%	$6K	$2.2M	10x	as long as short
ApeX Omni EDGEUSDT	+0.0100%	1h	0.5903	+0.124%	$9K	$305K	50x	as long as short
SunX EDGE-USDT	+0.0100%	4h	0.5845	−0.860%	$4K	$622K	10x	as long as short
Extended EDGE-USD	+0.0384%	1h	0.5893	−0.048%	$27K	$191K	5x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC EDGE_USDT	+0.0386%	4h	0.5896	+0.005%	$1.1M	$885K	50x	as long as short
Binance EDGEUSDTlong	+0.0387%	4h	0.5896	long leg	$10.1M	$10.3M	50x
Aster EDGEUSDTshort	+0.0428%	4h	0.5895	−0.018%	$67K	$129K	5x
OKX EDGE-USDT-SWAP	+0.0441%	4h	0.5900	+0.073%	$3.7M	$5.7M	20x	as long as short
BloFin EDGE-USDT	+0.0442%	4h	0.5897	+0.022%	$647K	$101K	50x	as long as short
edgeX EDGEUSDC	+0.0458%	4h	0.5917	+0.370%	$14.2M	$3.6M	30x	as long as short
Orderly PERP_EDGE_USDC	+0.0557%	4h	0.5894	−0.029%	$3K	—	10x	as long as short