After costs, if the gap returns to its 7d average, $10k−$138
spread now−0.017%7d average+0.140%fees + slippage, in and out−$122spread needed1.219%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget EDGEUSDT | 0.5999 | 0.0100 | pay 0.0050% / 4h | 56m 35s | $4.8M | $944K | 20x |
| Short | OKX EDGE-USDT-SWAP | 0.5998 | 0.0204 | get 0.0102% / 4h | 56m 35s | $3.7M | $5.7M | 20x |
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
- −$1.67
- Funding while held
- $3.13
- Slippage, 4 orders
- −$99.91
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$120.44
- Spread needed to break even
- 1.219%
Slippage from Bitget: live order book, 3 min ago; OKX: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0104%
- Per $10,000 a day
- +$3.13
- 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 | 4.16 bp | 39.5 bp −$39 | 408.6 bp −$4,086 | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 1.66 bp | 25.4 bp −$25 | 166.4 bp −$1,664 | 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 | −0.270% | +0.0096% | 1h | $56K | $9K | 3x | as long as short |
| Backpack EDGE_USDC_PERP | −0.207% | −0.1156% | 1h | $57K | $113K | 3.3x | as long as short |
| Bybit EDGEUSDT | −0.167% | +0.0100% | 4h | $7.0M | $3.2M | 25x | as long as short |
| Extended EDGE-USD | −0.070% | +0.0312% | 1h | $27K | $230K | 5x | as long as short |
| Binance EDGEUSDT | −0.021% | +0.0314% | 4h | $10.2M | $9.7M | 50x | as long as short |
| OKX EDGE-USDT-SWAPshort | −0.017% | +0.0204% | 4h | $3.7M | $5.7M | 20x | |
| KuCoin EDGEUSDTM | −0.017% | +0.0100% | 4h | $2.1M | $2.2M | 50x | as long as short |
| BloFin EDGE-USDT | −0.017% | +0.0317% | 4h | $657K | $128K | 50x | as long as short |
| MEXC EDGE_USDT | 0.000% | +0.0314% | 4h | $1.2M | $915K | 50x | as long as short |
| Bitget EDGEUSDTlong | 0.000% | +0.0100% | 4h | $4.8M | $944K | 20x |
Show all 16 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Orderly PERP_EDGE_USDC | 0.000% | +0.0557% | 4h | $3K | — | 10x | as long as short |
| Aster EDGEUSDT | +0.028% | +0.0368% | 4h | $69K | $131K | 5x | as long as short |
| Variational Omni EDGE | +0.036% | +0.0100% | 4h | $180K | $111K | — | as long as short |
| edgeX EDGEUSDC | +0.204% | +0.0213% | 4h | $14.4M | $3.4M | 30x | as long as short |
| ApeX Omni EDGEUSDT | +0.317% | +0.0100% | 1h | $1K | $289K | 50x | as long as short |
| SunX EDGE-USDT | +4.617% | +0.0100% | 4h | $4K | $576K | 10x | as long as short |
Bitget EDGEUSDT
OKX EDGE-USDT-SWAP
Lighter
Backpack
Bybit
Extended
Binance
KuCoin
BloFin
MEXC
Aster
Variational Omni
ApeX Omni
SunX