After costs, if the gap returns to its 7d average, $10k−$177
spread now−0.050%7d average+0.125%fees + slippage, in and out−$160spread needed1.596%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget EDGEUSDT | 0.6050 | 0.0100 | pay 0.0050% / 4h | 2h 41m | $4.8M | $920K | 20x |
| Short | Binance EDGEUSDT | 0.6047 | 0.0658 | get 0.0329% / 4h | 2h 41m | $10.3M | $9.5M | 50x |
Bitget EDGEUSDT
Binance 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
- −$4.96
- Funding while held
- $16.73
- Slippage, 4 orders
- −$137.58
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$147.81
- Spread needed to break even
- 1.596%
Slippage from Bitget: live order book, 3 min ago; Binance: live order book, 15 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0558%
- Per $10,000 a day
- +$16.73
- 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 Bitget live order book, 3 min ago | 8.23 bp | 47.0 bp −$47 | 457.2 bp −$4,572 | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 2.49 bp | 36.2 bp −$36 | 225.4 bp −$2,254 | doesn't fit | doesn't fit |
EDGE price on every exchange
against the cheapest. Click to use as the short leg.Variational Omni0.5997cheapestSunX0.6008+0.188%edgeX0.6026+0.488%Lighter0.6029+0.535%BloFin0.6043+0.772%Bybit0.6044+0.789%Backpack0.6044+0.794%Aster0.6044+0.795%Orderly0.6045+0.805%MEXC0.6046+0.822%Extended0.6047+0.839%
Variational Omni
SunX
Lighter
BloFin
Bybit
Backpack
Aster
Orderly
MEXC
ExtendedBinance0.6047+0.839%
Bitget0.6050+0.889%
KuCoin0.6052+0.922%OKX0.6056+0.989%ApeX Omni0.6067+1.172%
KuCoin
OKX
ApeX OmniEDGE on 16 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni EDGE | −0.881% | +0.0100% | 4h | $200K | $87K | — | as long as short |
| SunX EDGE-USDT | −0.694% | +0.0100% | 4h | $3K | $566K | 10x | as long as short |
| edgeX EDGEUSDC | −0.397% | +0.0418% | 4h | $14.4M | $3.4M | 30x | as long as short |
| Lighter EDGE | −0.350% | +0.0096% | 1h | $56K | $9K | 3x | as long as short |
| BloFin EDGE-USDT | −0.116% | +0.0683% | 4h | $663K | $126K | 50x | as long as short |
| Bybit EDGEUSDT | −0.099% | +0.0100% | 4h | $7.1M | $3.1M | 25x | as long as short |
| Backpack EDGE_USDC_PERP | −0.094% | +0.0100% | 1h | $60K | $111K | 3.3x | as long as short |
| Aster EDGEUSDT | −0.093% | +0.0769% | 4h | $73K | $132K | 5x | as long as short |
| Orderly PERP_EDGE_USDC | −0.083% | +0.0771% | 4h | $3K | — | 10x | as long as short |
| MEXC EDGE_USDT | −0.066% | +0.0660% | 4h | $1.3M | $890K | 50x | as long as short |
Show all 16 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Extended EDGE-USD | −0.050% | +0.0656% | 1h | $27K | $230K | 5x | as long as short |
| Binance EDGEUSDTshort | −0.050% | +0.0658% | 4h | $10.3M | $9.5M | 50x | |
| Bitget EDGEUSDTlong | 0.000% | +0.0100% | 4h | $4.8M | $920K | 20x | |
| KuCoin EDGEUSDTM | +0.033% | +0.0100% | 4h | $2.1M | $2.2M | 50x | as long as short |
| OKX EDGE-USDT-SWAP | +0.099% | +0.0454% | 4h | $3.7M | $5.7M | 20x | as long as short |
| ApeX Omni EDGEUSDT | +0.281% | +0.0100% | 1h | $2K | $289K | 50x | as long as short |