EDGE

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0108%/8h= +11.8% APRnext payment +$0.54 per $10,000 · paid last 24h −0.046%

Price spread now: OKX against BloFin+0.034%7-day average −0.041% · you sell dearer than you buy

Net, funding: paid 7d − costs−$126as in the Funding arb table

Net, price: spread back to 7d avg − costs−$103as in the Price arb table

costs, in and out, $10k−$1111.110% of the position

Long on BloFin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.152%−$15 on $10k

Price spread, last 4 days (all we have)−1.006%−$101 · spread now +0.034%, 7d avg −0.041%

Together, before fees−1.158%−$116 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and OKX is 0.075% dearer against BloFin than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.041%. Mind the row above: over the last 7 days funding on this pair cost −0.152%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin EDGE-USDT	0.5898	0.0345	pay 0.0173% / 4h	1h 04m	$654K	$101K	50x
Short	OKX EDGE-USDT-SWAP	0.5900	0.0453	get 0.0227% / 4h	1h 04m	$3.7M	$5.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against BloFin. 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

Position, each leg$Hold fordaysFee BloFinbpFee OKXbpOrdersPrice spread, now +0.034%Rate

Funding earned: $22.72
Price spread: +0.034% → −0.041%: $7.5
Slippage, 4 orders: −$89
Fee BloFin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$80.78
Costs to cover: 1.110%
Break-even: 31.9 days

Slippage from BloFin: live order book, 37 min ago; OKX: live order book, 3 min ago.

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 BloFin live order book, 37 min ago	9.28 bp	33.6 bp −$34	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 3 min ago	4.22 bp	29.0 bp −$29	146.0 bp −$1,460	doesn't fit	doesn't fit

EDGE on 17 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter EDGE	+0.0096%	1h	0.5887	−0.180%	$43K	$19K	3x	as long as short
Bybit EDGEUSDT	+0.0100%	4h	0.5890	−0.136%	$7.1M	$3.3M	25x	as long as short
KuCoin EDGEUSDTM	+0.0100%	4h	0.5899	+0.017%	$2.1M	$2.2M	50x	as long as short
Bitget EDGEUSDT	+0.0100%	4h	0.5896	−0.034%	$4.7M	$1.1M	20x	as long as short
Backpack EDGE_USDC_PERP	+0.0100%	1h	0.5902	+0.075%	$58K	$106K	3.3x	as long as short
Variational Omni EDGE	+0.0100%	4h	0.5893	−0.079%	$188K	$135K	—	as long as short
GRVT EDGE_USDT_Perp	+0.0100%	4h	0.5911	+0.220%	$5K	$2.2M	10x	as long as short
ApeX Omni EDGEUSDT	+0.0100%	1h	0.5908	+0.170%	$9K	$304K	50x	as long as short
SunX EDGE-USDT	+0.0100%	4h	0.6174	+4.680%	$3K	$624K	10x	as long as short
BloFin EDGE-USDTlong	+0.0345%	4h	0.5898	long leg	$654K	$101K	50x

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance EDGEUSDT	+0.0396%	4h	0.5899	+0.017%	$10.1M	$10.3M	50x	as long as short
MEXC EDGE_USDT	+0.0404%	4h	0.5899	+0.017%	$1.1M	$902K	50x	as long as short
Extended EDGE-USD	+0.0408%	1h	0.5895	−0.042%	$27K	$194K	5x	as long as short
Aster EDGEUSDT	+0.0442%	4h	0.5904	+0.097%	$68K	$128K	5x	as long as short
OKX EDGE-USDT-SWAPshort	+0.0453%	4h	0.5900	+0.034%	$3.7M	$5.7M	20x
edgeX EDGEUSDC	+0.0477%	4h	0.5916	+0.313%	$14.1M	$3.6M	30x	as long as short
Orderly PERP_EDGE_USDC	+0.0615%	4h	0.5898	0.000%	$3K	—	10x	as long as short