After costs, if the gap returns to its 7d average, $10k−$249
spread now−0.010%7d average−0.116%fees + slippage, in and out−$259spread needed2.592%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance EDGEUSDT | 0.5962 | 0.0659 | pay 0.0330% / 4h | 3h 30m | $10.2M | $9.3M | 50x |
| Short | Bybit EDGEUSDT | 0.5961 | 0.0100 | get 0.0050% / 4h | 3h 30m | $7.0M | $3.1M | 25x |
Binance EDGEUSDT
Bybit 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
- −$1.02
- Funding while held
- −$16.78
- Slippage, 4 orders
- −$238.23
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$277.03
- Spread needed to break even
- 2.592%
Slippage from Binance: live order book, 11 min ago; Bybit: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0559%
- Per $10,000 a day
- −$16.78
- 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, 11 min ago | 0.84 bp | 30.6 bp −$31 | 213.3 bp −$2,133 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 1.68 bp | 106.3 bp −$106 | 351.4 bp −$3,514 | doesn't fit | doesn't fit |
EDGE price on every exchange
against the cheapest. Click to use as the short leg.SunX0.5892cheapestVariational Omni0.5928+0.617%Backpack0.5931+0.669%ApeX Omni0.5935+0.730%BloFin0.5935+0.730%Aster0.5948+0.945%Lighter0.5951+1.005%KuCoin0.5954+1.052%edgeX0.5960+1.150%
SunX
Variational Omni
Backpack
ApeX Omni
BloFin
Aster
Lighter
KuCoinBybit0.5961+1.171%
Binance0.5962+1.181%
Orderly0.5964+1.222%MEXC0.5968+1.290%Bitget0.5969+1.307%OKX0.5970+1.324%Extended0.5972+1.350%
Orderly
MEXC
Bitget
OKX
ExtendedEDGE on 16 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SunX EDGE-USDT | −1.168% | +0.0100% | 4h | $3K | $554K | 10x | as long as short |
| Variational Omni EDGE | −0.558% | +0.0100% | 4h | $197K | $86K | — | as long as short |
| Backpack EDGE_USDC_PERP | −0.507% | −0.0089% | 1h | $60K | $103K | 3.3x | as long as short |
| ApeX Omni EDGEUSDT | −0.446% | +0.0100% | 1h | $1K | $295K | 50x | as long as short |
| BloFin EDGE-USDT | −0.446% | +0.0712% | 4h | $651K | $123K | 50x | as long as short |
| Aster EDGEUSDT | −0.234% | +0.0703% | 4h | $78K | $128K | 5x | as long as short |
| Lighter EDGE | −0.175% | +0.0096% | 1h | $55K | $9K | 3x | as long as short |
| KuCoin EDGEUSDTM | −0.128% | +0.0100% | 4h | $2.1M | $2.2M | 50x | as long as short |
| edgeX EDGEUSDC | −0.031% | +0.0366% | 4h | $14.2M | $3.4M | 30x | as long as short |
| Bybit EDGEUSDTshort | −0.010% | +0.0100% | 4h | $7.0M | $3.1M | 25x |
Show all 16 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Binance EDGEUSDTlong | 0.000% | +0.0659% | 4h | $10.2M | $9.3M | 50x | |
| Orderly PERP_EDGE_USDC | +0.040% | +0.0767% | 4h | $3K | $11 | 10x | as long as short |
| MEXC EDGE_USDT | +0.107% | +0.0660% | 4h | $1.4M | $889K | 50x | as long as short |
| Bitget EDGEUSDT | +0.124% | +0.0100% | 4h | $4.8M | $889K | 20x | as long as short |
| OKX EDGE-USDT-SWAP | +0.141% | +0.0341% | 4h | $3.6M | $5.4M | 20x | as long as short |
| Extended EDGE-USD | +0.167% | +0.0656% | 1h | $27K | $230K | 5x | as long as short |