Settings8H · net · $10k
Funding arb · Price arb /

EDGE

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0169%/8h= +18.6% APRnext payment +$0.85 per $10,000 · paid last 24h +0.014%
Price spread now: edgeX against Bitget−0.476%7-day average +0.137% · you buy dearer than you sell
Net, funding: paid 7d − costs−$118as in the Funding arb table
Net, price: spread back to 7d avg − costs−$185as in the Price arb table
costs, in and out, $10k−$1241.239% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.057%+$6 on $10k
Price spread, last 7 days+0.638%+$64 · spread now −0.476%, 7d avg +0.137%
Together, before fees+0.694%+ Points / potential airdropedgeX: Active · farm board+$69 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.613% cheaper against Bitget than usual: you would sell low and buy high (spread −0.476% now, against its 7-day average of +0.137%). If the spread goes back, that is −$61 on $10k: about 12 days of funding at the current rate (+$5 a day). At the pace of the last 7 days (+0.057% in total) that is about 3 months.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget EDGEUSDT0.58680.0100pay 0.0050% / 4h2h 25m$4.7M$989K20x
ShortedgeX EDGEUSDC0.58400.0269get 0.0135% / 4h2h 25m$14.0M$3.4M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Bitget. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$35.58
Price spread: −0.476% → +0.137%
−$61.31
Slippage, 4 orders
−$102.89
Fee Bitget: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$149.61
Costs to cover
1.239%
Break-even
36.4 days
Slippage from Bitget: live order book, 3 min ago; edgeX: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 3 min ago2.57 bp29.9 bp −$30491.0 bp −$4,910doesn't fitdoesn't fit
Sell edgeX live order book, 4 min ago3.41 bp40.8 bp −$41150.6 bp −$1,506doesn't fitdoesn't fit

EDGE on 17 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack EDGE_USDC_PERP−0.0435%1h0.5868+0.007%$59K$100K3.3xas long as short
Lighter EDGE+0.0096%1h0.5855−0.218%$54K$9K3xas long as short
Bybit EDGEUSDT+0.0100%4h0.5864−0.068%$6.9M$3.2M25xas long as short
KuCoin EDGEUSDTM+0.0100%4h0.5869+0.017%$2.1M$2.3M50xas long as short
Bitget EDGEUSDTlong+0.0100%4h0.5868long leg$4.7M$989K20x
Variational Omni EDGE+0.0100%4h0.5859−0.157%$190K$130Kas long as short
GRVT EDGE_USDT_Perp+0.0100%4h0.5846−0.374%$2K$1.7M10xas long as short
ApeX Omni EDGEUSDT+0.0100%1h0.5852−0.273%$6K$294K50xas long as short
SunX EDGE-USDT+0.0100%4h0.5830−0.648%$4K$603K10xas long as short
BloFin EDGE-USDT+0.0254%4h0.5872+0.068%$634K$126K50xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX EDGEUSDCshort+0.0269%4h0.5840−0.476%$14.0M$3.4M30x
MEXC EDGE_USDT+0.0276%4h0.5871+0.051%$1.2M$929K50xas long as short
Aster EDGEUSDT+0.0279%4h0.5855−0.228%$67K$134K5xas long as short
Binance EDGEUSDT+0.0295%4h0.5871+0.051%$10.0M$10.0M50xas long as short
Extended EDGE-USD+0.0296%1h0.5872+0.068%$27K$230K5xas long as short
OKX EDGE-USDT-SWAP+0.0309%4h0.5875+0.119%$3.6M$5.7M20xas long as short
Orderly PERP_EDGE_USDC+0.0409%4h0.5871+0.051%$3K10xas long as short