After costs, if the gap returns to its 7d average, $10k−$145
spread now−0.113%7d average+0.051%fees + slippage, in and out−$129spread needed1.291%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance EDGEUSDT | 0.5944 | 0.0363 | pay 0.0181% / 4h | 1h 31m | $10.1M | $9.7M | 50x |
| Short | BloFin EDGE-USDT | 0.5937 | 0.0376 | get 0.0188% / 4h | 1h 31m | $651K | $124K | 50x |
Price 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
- −$11.31
- Funding while held
- $0.41
- Slippage, 4 orders
- −$107.07
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$139.96
- Spread needed to break even
- 1.291%
Slippage from Binance: live order book, 10 min ago; BloFin: live order book, 67 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0014%
- Per $10,000 a day
- +$0.41
- 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, 10 min ago | 0.84 bp | 29.7 bp −$30 | 243.6 bp −$2,436 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 67 min ago | 5.82 bp | 39.0 bp −$39 | 133.1 bp −$1,331 | doesn't fit | doesn't fit |
EDGE price on every exchange
against the cheapest. Click to use as the short leg.EDGE on 16 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SunX EDGE-USDT | −0.870% | +0.0100% | 4h | $4K | $572K | 10x | as long as short |
| Lighter EDGE | −0.349% | +0.0096% | 1h | $55K | $9K | 3x | as long as short |
| Variational Omni EDGE | −0.303% | +0.0100% | 4h | $177K | $107K | — | as long as short |
| Bybit EDGEUSDT | −0.281% | +0.0100% | 4h | $6.9M | $3.1M | 25x | as long as short |
| Backpack EDGE_USDC_PERP | −0.233% | −0.1356% | 1h | $60K | $111K | 3.3x | as long as short |
| ApeX Omni EDGEUSDT | −0.130% | +0.0100% | 1h | $1K | $289K | 50x | as long as short |
| BloFin EDGE-USDTshort | −0.113% | +0.0376% | 4h | $651K | $124K | 50x | |
| Aster EDGEUSDT | −0.102% | +0.0442% | 4h | $68K | $135K | 5x | as long as short |
| Orderly PERP_EDGE_USDC | −0.096% | +0.0661% | 4h | $3K | — | 10x | as long as short |
| Bitget EDGEUSDT | −0.079% | +0.0100% | 4h | $4.7M | $950K | 20x | as long as short |
Show all 16 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin EDGEUSDTM | −0.063% | +0.0100% | 4h | $2.1M | $2.2M | 50x | as long as short |
| Extended EDGE-USD | −0.056% | +0.0360% | 1h | $27K | $230K | 5x | as long as short |
| edgeX EDGEUSDC | −0.024% | +0.0177% | 4h | $14.2M | $3.4M | 30x | as long as short |
| MEXC EDGE_USDT | −0.012% | +0.0374% | 4h | $1.2M | $925K | 50x | as long as short |
| Binance EDGEUSDTlong | 0.000% | +0.0363% | 4h | $10.1M | $9.7M | 50x | |
| OKX EDGE-USDT-SWAP | +0.072% | +0.0162% | 4h | $3.6M | $5.7M | 20x | as long as short |
Binance EDGEUSDT
BloFin EDGE-USDT
SunX
Lighter
Variational Omni
Bybit
Backpack
ApeX Omni
Aster
Bitget
KuCoin
Extended
MEXC
OKX