data as of
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Price arb /

EDGE

all EDGE markets
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

After costs, if the gap returns to its 7d average, $10k−$217
spread now+0.459%7d average−0.078%fees + slippage, in and out−$270spread needed2.703%
Long on BybitShort on Backpack
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit EDGEUSDT0.59250.0100pay 0.0050% / 4h3h 33m$7.0M$3.0M25x
ShortBackpack EDGE_USDC_PERP0.59520.0012get 0.0002% / 1h33m 19s$60K$103K3.3x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
$45.91
Funding while held
−$2.64
Slippage, 4 orders
−$249.3
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Backpack: 5 bp × 2 orders
−$10
Net
−$227.03
Spread needed to break even
2.703%
Slippage from Bybit: live order book, 1 min ago; Backpack: live order book, 27 min ago.

Cost of waiting

funding view
Funding /8h
−0.0088%
Per $10,000 a day
−$2.64
Average in range /8h
—

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 1 min ago1.68 bp91.7 bp −$92384.3 bp −$3,843doesn't fitdoesn't fit
Sell Backpack live order book, 27 min ago3.57 bp43.5 bp −$43doesn't fitdoesn't fitdoesn't fit

EDGE price on every exchange

against the cheapest. Click to use as the short leg.
SunX0.5909cheapest
Bybit0.5925+0.271%
MEXC0.5932+0.389%Bitget0.5934+0.423%Extended0.5937+0.472%OKX0.5937+0.474%Orderly0.5937+0.474%Lighter0.5939+0.509%Binance0.5942+0.562%KuCoin0.5950+0.694%
Backpack0.5952+0.731%
Aster0.5953+0.740%Variational Omni0.5954+0.766%edgeX0.5960+0.859%BloFin0.5961+0.880%ApeX Omni0.5966+0.965%

EDGE on 16 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
SunX EDGE-USDT−0.270%+0.0100%4h$3K$554K10xas long as short
Bybit EDGEUSDTlong0.000%+0.0100%4h$7.0M$3.0M25x
MEXC EDGE_USDT+0.118%+0.0682%4h$1.4M$889K50xas long as short
Bitget EDGEUSDT+0.152%+0.0100%4h$4.7M$882K20xas long as short
Extended EDGE-USD+0.201%+0.0680%1h$27K$230K5xas long as short
OKX EDGE-USDT-SWAP+0.203%+0.0338%4h$3.6M$5.4M20xas long as short
Orderly PERP_EDGE_USDC+0.203%+0.0764%4h$3K$1110xas long as short
Lighter EDGE+0.238%+0.0096%1h$55K$9K3xas long as short
Binance EDGEUSDT+0.291%+0.0683%4h$10.2M$9.3M50xas long as short
KuCoin EDGEUSDTM+0.422%+0.0100%4h$2.1M$2.2M50xas long as short
Show all 16 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Backpack EDGE_USDC_PERPshort+0.459%+0.0012%1h$60K$103K3.3x
Aster EDGEUSDT+0.468%+0.0723%4h$78K$128K5xas long as short
Variational Omni EDGE+0.494%+0.0100%4h$199K$85K—as long as short
edgeX EDGEUSDC+0.586%+0.0366%4h$14.2M$3.4M30xas long as short
BloFin EDGE-USDT+0.608%+0.0721%4h$652K$123K50xas long as short
ApeX Omni EDGEUSDT+0.692%+0.0207%1h$1K$295K50xas long as short