Settings8H · net · $10k
Funding arb · Price arb /

EDGE

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Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0442%/8h= −48.4% APRpaid last 24h −0.055%
Price spread now: ApeX Omni against edgeX+0.073%7-day average −0.058% · you sell dearer than you buy
Net, funding: paid 7d − costs−$442as in the Funding arb table
Net, price: spread back to 7d avg − costs−$419as in the Price arb table
costs, in and out, $10k−$4324.319% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.098%−$10 on $10k
Price spread, last 4 days (all we have)+0.009%+$1 · spread now +0.073%, 7d avg −0.058%
Together, before fees−0.089%+ Points / potential airdropedgeX: Active · farm board−$9 on $10k · with fees, hour by hour
The price spread pays, funding is against you. ApeX Omni is 0.131% dearer against edgeX than usual: you sell high and buy low (spread +0.073% now, against its 7-day average of −0.058%): +$13 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 24 hours. At the pace of the last 7 days (−0.098% in total) that is about 9.4 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.098% in total (about -5.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX EDGEUSDC0.59650.0542pay 0.0271% / 4h3h 24m$14.3M$3.7M30x
ShortApeX Omni EDGEUSDT0.59690.0100get 0.0013% / 1h24m 52s$9K$305K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against edgeX. 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

Funding earned
−$92.83
Price spread: +0.073% → −0.058%
$13.13
Slippage, 4 orders
−$412.87
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$511.56
Costs to cover
4.319%
Break-even
never at this rate
Slippage from edgeX: live order book, 4 min ago; ApeX Omni: live order book, 27 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy edgeX live order book, 4 min ago5.03 bp35.7 bp −$36133.0 bp −$1,330doesn't fitdoesn't fit
Sell ApeX Omni live order book, 27 min ago16.82 bp180.3 bp −$180doesn't fitdoesn't fitdoesn't fit

EDGE on 17 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter EDGE+0.0096%1h0.5963−0.023%$43K$19K3xas long as short
Bybit EDGEUSDT+0.0100%4h0.5969+0.073%$7.2M$3.3M25xas long as short
KuCoin EDGEUSDTM+0.0100%4h0.5973+0.140%$2.1M$2.2M50xas long as short
Bitget EDGEUSDT+0.0100%4h0.5968+0.056%$4.7M$1.1M20xas long as short
Backpack EDGE_USDC_PERP+0.0100%1h0.5971+0.115%$58K$113K3.3xas long as short
Variational Omni EDGE+0.0100%4h0.5960−0.080%$190K$141Kas long as short
GRVT EDGE_USDT_Perp+0.0100%4h0.5960−0.079%$8K$2.6M10xas long as short
ApeX Omni EDGEUSDTshort+0.0100%1h0.5969+0.073%$9K$305K50x
SunX EDGE-USDT+0.0100%4h0.5940−0.413%$4K$624K10xas long as short
Aster EDGEUSDT+0.0446%4h0.5976+0.197%$54K$155K5xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin EDGE-USDT+0.0454%4h0.5967+0.039%$653K$103K50xas long as short
Extended EDGE-USD+0.0496%1h0.5971+0.111%$27K$196K5xas long as short
MEXC EDGE_USDT+0.0496%4h0.5974+0.157%$1.1M$864K50xas long as short
Binance EDGEUSDT+0.0497%4h0.5973+0.140%$10.2M$10.5M50xas long as short
edgeX EDGEUSDClong+0.0542%4h0.5965long leg$14.3M$3.7M30x
OKX EDGE-USDT-SWAP+0.0549%4h0.5976+0.190%$3.8M$5.8M20xas long as short
Orderly PERP_EDGE_USDC+0.0589%4h0.5975+0.173%$3K$1K10xas long as short