After costs, if the gap returns to its 7d average, $10k−$121
spread now+0.035%7d average−0.126%fees + slippage, in and out−$137spread needed1.367%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance EDGEUSDT | 0.5930 | 0.0683 | pay 0.0341% / 4h | 3h 32m | $10.1M | $9.3M | 50x |
| Short | Bitget EDGEUSDT | 0.5932 | 0.0100 | get 0.0050% / 4h | 3h 32m | $4.7M | $882K | 20x |
Binance EDGEUSDT
Bitget EDGEUSDTPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $3.49
- Funding while held
- −$17.49
- Slippage, 4 orders
- −$114.72
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$150.72
- Spread needed to break even
- 1.367%
Slippage from Binance: live order book, 8 min ago; Bitget: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0583%
- Per $10,000 a day
- −$17.49
- Average in range /8h
- —
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, 8 min ago | 0.84 bp | 30.6 bp −$31 | 213.3 bp −$2,133 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 6.71 bp | 43.3 bp −$43 | 310.4 bp −$3,104 | doesn't fit | doesn't fit |
EDGE price on every exchange
against the cheapest. Click to use as the short leg.SunX0.5909cheapestBybit0.5921+0.203%Lighter0.5921+0.205%KuCoin0.5928+0.322%
SunX
Bybit
Lighter
KuCoinBinance0.5930+0.354%
MEXC0.5930+0.355%Backpack0.5930+0.364%Extended0.5931+0.371%OKX0.5931+0.372%
MEXC
Backpack
Extended
OKXBitget0.5932+0.389%
BloFin0.5936+0.457%Orderly0.5937+0.474%Aster0.5937+0.476%Variational Omni0.5954+0.766%edgeX0.5960+0.859%ApeX Omni0.5966+0.965%
BloFin
Orderly
Aster
Variational Omni
ApeX OmniEDGE on 16 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SunX EDGE-USDT | −0.353% | +0.0100% | 4h | $3K | $554K | 10x | as long as short |
| Bybit EDGEUSDT | −0.151% | +0.0100% | 4h | $6.9M | $3.1M | 25x | as long as short |
| Lighter EDGE | −0.149% | +0.0096% | 1h | $55K | $9K | 3x | as long as short |
| KuCoin EDGEUSDTM | −0.033% | +0.0100% | 4h | $2.1M | $2.2M | 50x | as long as short |
| Binance EDGEUSDTlong | 0.000% | +0.0683% | 4h | $10.1M | $9.3M | 50x | |
| MEXC EDGE_USDT | +0.001% | +0.0682% | 4h | $1.4M | $889K | 50x | as long as short |
| Backpack EDGE_USDC_PERP | +0.010% | −0.0018% | 1h | $60K | $103K | 3.3x | as long as short |
| Extended EDGE-USD | +0.017% | +0.0680% | 1h | $27K | $230K | 5x | as long as short |
| OKX EDGE-USDT-SWAP | +0.018% | +0.0338% | 4h | $3.6M | $5.4M | 20x | as long as short |
| Bitget EDGEUSDTshort | +0.035% | +0.0100% | 4h | $4.7M | $882K | 20x |
Show all 16 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin EDGE-USDT | +0.102% | +0.0650% | 4h | $651K | $123K | 50x | as long as short |
| Orderly PERP_EDGE_USDC | +0.119% | +0.0764% | 4h | $3K | $11 | 10x | as long as short |
| Aster EDGEUSDT | +0.122% | +0.0723% | 4h | $78K | $128K | 5x | as long as short |
| Variational Omni EDGE | +0.411% | +0.0100% | 4h | $199K | $85K | — | as long as short |
| edgeX EDGEUSDC | +0.503% | +0.0366% | 4h | $14.2M | $3.4M | 30x | as long as short |
| ApeX Omni EDGEUSDT | +0.608% | +0.0207% | 1h | $1K | $295K | 50x | as long as short |