Funding you earn now, next payment 04:00 UTC+0.0403%/8h= +44.1% APRnext payment +$2.01 per $10,000 · paid last 24h +0.077%
Price spread now: BloFin against Bybit+0.136%152s7-day average +0.155% · you sell dearer than you buy
Net, funding: paid 7d − costs−$176as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$2001.999% of the position
Funding, last 7 days+0.235%+$24 on $10k
+Price spread, last 3 days (all we have)+0.086%+$9 · spread now +0.136%, 7d avg +0.155%
=The price spread sits at its 7-day average of +0.155%, so right now this pair is about funding alone: +$12 a day on $10k at the current rate. The two prices were read 152 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.235% in total (about 12.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.01 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit EDGEUSDT | 0.5879 | 0.0100 | pay 0.0050% / 4h | 2h 46m | $7.1M | $3.3M | 25x |
| Short | BloFin EDGE-USDT | 0.5887 | 0.0503 | get 0.0251% / 4h | 2h 46m | $655K | $97K | 50x |
Bybit EDGEUSDT
BloFin EDGE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bybit. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $84.6
- Price spread: +0.136% → +0.155%
- −$1.89
- Slippage, 4 orders
- −$176.95
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$117.23
- Costs to cover
- 1.999%
- Break-even
- 16.7 days
Slippage from Bybit: live order book, 1 min ago; BloFin: live order book, 20 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 Bybit live order book, 1 min ago | 3.41 bp | 71.0 bp −$71 | 376.7 bp −$3,767 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 20 min ago | 2.49 bp | 23.2 bp −$23 | 104.4 bp −$1,044 | 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 | 0.5873 | −0.104% | $49K | $13K | 3x | as long as short |
| Bybit EDGEUSDTlong | +0.0100% | 4h | 0.5879 | long leg | $7.1M | $3.3M | 25x | |
| KuCoin EDGEUSDTM | +0.0100% | 4h | 0.5888 | +0.153% | $2.1M | $2.2M | 50x | as long as short |
| Bitget EDGEUSDT | +0.0100% | 4h | 0.5890 | +0.187% | $4.7M | $1.0M | 20x | as long as short |
| Backpack EDGE_USDC_PERP | +0.0100% | 1h | 0.5885 | +0.109% | $59K | $102K | 3.3x | as long as short |
| Variational Omni EDGE | +0.0100% | 4h | 0.5877 | −0.041% | $190K | $132K | — | as long as short |
| GRVT EDGE_USDT_Perp | +0.0100% | 4h | 0.5888 | +0.153% | $2K | $1.9M | 10x | as long as short |
| ApeX Omni EDGEUSDT | +0.0100% | 1h | 0.5899 | +0.340% | $12K | $301K | 50x | as long as short |
| SunX EDGE-USDT | +0.0100% | 4h | 0.5843 | −0.612% | $3K | $619K | 10x | as long as short |
| edgeX EDGEUSDC | +0.0408% | 4h | 0.5901 | +0.367% | $14.1M | $3.6M | 30x | as long as short |
Lighter EDGE
KuCoin EDGEUSDTM
Bitget EDGEUSDT
Backpack EDGE_USDC_PERP
Variational Omni EDGE
GRVT EDGE_USDT_Perp
ApeX Omni EDGEUSDT
SunX EDGE-USDT
edgeX EDGEUSDCShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX EDGE-USDT-SWAP | +0.0409% | 4h | 0.5890 | +0.187% | $3.6M | $5.8M | 20x | as long as short |
| Aster EDGEUSDT | +0.0502% | 4h | 0.5890 | +0.182% | $68K | $132K | 5x | as long as short |
| BloFin EDGE-USDTshort | +0.0503% | 4h | 0.5887 | +0.136% | $655K | $97K | 50x | |
| Binance EDGEUSDT | +0.0529% | 4h | 0.5886 | +0.119% | $10.0M | $10.4M | 50x | as long as short |
| MEXC EDGE_USDT | +0.0534% | 4h | 0.5886 | +0.119% | $1.1M | $910K | 50x | as long as short |
| Extended EDGE-USD | +0.0536% | 1h | 0.5881 | +0.042% | $27K | $188K | 5x | as long as short |
| Orderly PERP_EDGE_USDC | +0.0765% | 4h | 0.5885 | +0.102% | $3K | — | 10x | as long as short |
OKX EDGE-USDT-SWAP
Aster EDGEUSDT
Binance EDGEUSDT
MEXC EDGE_USDT
Extended EDGE-USD
Orderly PERP_EDGE_USDC