After costs, if the gap returns to its 7d average, $10k−$126
spread now+0.118%7d average+0.018%fees + slippage, in and out−$137spread needed1.365%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance EDGEUSDT | 0.5894 | 0.0622 | pay 0.0311% / 4h | 9m 31s | $10.1M | $9.3M | 50x |
| Short | edgeX EDGEUSDC | 0.5901 | 0.0221 | get 0.0110% / 4h | 9m 31s | $14.1M | $3.3M | 30x |
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
- $11.8
- Funding while held
- −$12.05
- Slippage, 4 orders
- −$117.51
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$136.76
- Spread needed to break even
- 1.365%
Slippage from Binance: live order book, 2 min ago; edgeX: live order book, 1 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0402%
- Per $10,000 a day
- −$12.05
- 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, 2 min ago | 1.70 bp | 38.6 bp −$39 | 236.2 bp −$2,362 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 1 min ago | 6.78 bp | 35.6 bp −$36 | 127.7 bp −$1,277 | 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 | |
|---|---|---|---|---|---|---|---|
| Lighter EDGE | −0.256% | +0.0096% | 1h | $55K | $9K | 3x | as long as short |
| Bybit EDGEUSDT | −0.119% | +0.0100% | 4h | $6.9M | $3.1M | 25x | as long as short |
| KuCoin EDGEUSDTM | −0.119% | +0.0100% | 4h | $2.1M | $2.2M | 50x | as long as short |
| Aster EDGEUSDT | −0.093% | +0.0661% | 4h | $77K | $131K | 5x | as long as short |
| Backpack EDGE_USDC_PERP | −0.088% | +0.0100% | 1h | $59K | $104K | 3.3x | as long as short |
| Variational Omni EDGE | −0.038% | +0.0100% | 4h | $196K | $86K | — | as long as short |
| Binance EDGEUSDTlong | 0.000% | +0.0622% | 4h | $10.1M | $9.3M | 50x | |
| Bitget EDGEUSDT | 0.000% | +0.0100% | 4h | $4.7M | $868K | 20x | as long as short |
| MEXC EDGE_USDT | +0.017% | +0.0620% | 4h | $1.4M | $911K | 50x | as long as short |
| OKX EDGE-USDT-SWAP | +0.034% | +0.0207% | 4h | $3.5M | $5.4M | 20x | as long as short |
Show all 16 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni EDGEUSDT | +0.051% | +0.0100% | 1h | $1K | $295K | 50x | as long as short |
| Orderly PERP_EDGE_USDC | +0.051% | +0.0674% | 4h | $3K | $11 | 10x | as long as short |
| Extended EDGE-USD | +0.061% | +0.0624% | 1h | $27K | $230K | 5x | as long as short |
| edgeX EDGEUSDCshort | +0.118% | +0.0221% | 4h | $14.1M | $3.3M | 30x | |
| BloFin EDGE-USDT | +0.204% | +0.0655% | 4h | $654K | $120K | 50x | as long as short |
| SunX EDGE-USDT | +4.632% | +0.0100% | 4h | $3K | $555K | 10x | as long as short |
Binance EDGEUSDT
Lighter
Bybit
KuCoin
Aster
Backpack
Variational Omni
Bitget
MEXC
OKX
ApeX Omni
Extended
BloFin
SunX