Spread before costs (cost unknown: a leg has no order-book sample)−0.235%
7d average—if it closes, per $10,000$24funding while held, a day+$9.32
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin EDGE-USDT | 0.5956 | 0.0298 | pay 0.0149% / 4h | 1h 21m | $656K | $124K | 50x |
| Short | Orderly PERP_EDGE_USDC | 0.5942 | 0.0608 | get 0.0304% / 4h | 1h 21m | $3K | — | 10x |
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
- −$23.51
- Funding while held
- $9.32
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$32.18
- Spread needed to break even
- 0.180%
Slippage unknown: BloFin: live order book, 12 min ago; Orderly: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0311%
- Per $10,000 a day
- +$9.32
- 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 BloFin live order book, 12 min ago | 2.53 bp | 23.5 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|
| SunX EDGE-USDT | −1.108% | +0.0100% | 4h | $3K | $574K | 10x | as long as short |
| Variational Omni EDGE | −0.634% | +0.0100% | 4h | $175K | $108K | — | as long as short |
| ApeX Omni EDGEUSDT | −0.504% | +0.0100% | 1h | $1K | $289K | 50x | as long as short |
| Backpack EDGE_USDC_PERP | −0.473% | −0.1511% | 1h | $60K | $111K | 3.3x | as long as short |
| edgeX EDGEUSDC | −0.459% | +0.0139% | 4h | $14.2M | $3.3M | 30x | as long as short |
| Lighter EDGE | −0.354% | +0.0096% | 1h | $55K | $9K | 3x | as long as short |
| Bitget EDGEUSDT | −0.319% | +0.0100% | 4h | $4.7M | $936K | 20x | as long as short |
| Bybit EDGEUSDT | −0.285% | +0.0100% | 4h | $6.9M | $3.1M | 25x | as long as short |
| KuCoin EDGEUSDTM | −0.269% | +0.0100% | 4h | $2.1M | $2.2M | 50x | as long as short |
| Orderly PERP_EDGE_USDCshort | −0.235% | +0.0608% | 4h | $3K | — | 10x |
Show all 16 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aster EDGEUSDT | −0.215% | +0.0363% | 4h | $68K | $135K | 5x | as long as short |
| MEXC EDGE_USDT | −0.067% | +0.0302% | 4h | $1.2M | $926K | 50x | as long as short |
| Extended EDGE-USD | −0.063% | +0.0296% | 1h | $27K | $230K | 5x | as long as short |
| Binance EDGEUSDT | −0.027% | +0.0294% | 4h | $10.1M | $9.7M | 50x | as long as short |
| BloFin EDGE-USDTlong | 0.000% | +0.0298% | 4h | $656K | $124K | 50x | |
| OKX EDGE-USDT-SWAP | +0.034% | +0.0113% | 4h | $3.6M | $5.7M | 20x | as long as short |
BloFin EDGE-USDT
SunX
Variational Omni
ApeX Omni
Backpack
Lighter
Bitget
Bybit
KuCoin
Aster
MEXC
Extended
Binance
OKX