data as of
Settings8H · net · $10k
Price arb /

EDGE

all EDGE markets
SwapFunding view
Alert
After costs, if the gap returns to its 7d average, $10k−$111
spread now+0.009%7d average−0.162%fees + slippage, in and out−$128spread needed1.279%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX EDGEUSDC0.58950.0277pay 0.0138% / 4h1h 59m$14.1M$3.4M30x
ShortBackpack EDGE_USDC_PERP0.5895−0.0781pay 0.0098% / 1h59m 16s$61K$111K3.3x

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
$0.87
Funding while held
−$31.71
Slippage, 4 orders
−$108.94
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Backpack: 5 bp × 2 orders
−$10
Net
−$158.78
Spread needed to break even
1.279%
Slippage from edgeX: live order book, 1 min ago; Backpack: live order book, 56 min ago.

Cost of waiting

funding view
Funding /8h
−0.1057%
Per $10,000 a day
$31.71
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 edgeX live order book, 1 min ago6.80 bp43.3 bp −$43143.9 bp −$1,439doesn't fitdoesn't fit
Sell Backpack live order book, 56 min ago4.91 bp42.5 bp −$43doesn't fitdoesn't fitdoesn't fit

EDGE price on every exchange

against the cheapest. Click to use as the short leg.

EDGE on 16 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
SunX EDGE-USDT−0.505%+0.0100%4h$3K$573K10xas long as short
Lighter EDGE−0.096%+0.0096%1h$55K$9K3xas long as short
Variational Omni EDGE−0.089%+0.0100%4h$175K$108Kas long as short
edgeX EDGEUSDClong0.000%+0.0277%4h$14.1M$3.4M30x
Backpack EDGE_USDC_PERPshort+0.009%−0.0781%1h$61K$111K3.3x
Bitget EDGEUSDT+0.071%+0.0100%4h$4.7M$938K20xas long as short
Bybit EDGEUSDT+0.088%+0.0100%4h$6.9M$3.1M25xas long as short
KuCoin EDGEUSDTM+0.105%+0.0100%4h$2.1M$2.2M50xas long as short
ApeX Omni EDGEUSDT+0.122%+0.0100%1h$1K$290K50xas long as short
Aster EDGEUSDT+0.178%+0.0531%4h$67K$136K5xas long as short
Show all 16 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
MEXC EDGE_USDT+0.207%+0.0460%4h$1.2M$919K50xas long as short
Orderly PERP_EDGE_USDC+0.207%+0.0682%4h$3K10xas long as short
Extended EDGE-USD+0.225%+0.0456%1h$27K$230K5xas long as short
Binance EDGEUSDT+0.262%+0.0460%4h$10.0M$9.6M50xas long as short
OKX EDGE-USDT-SWAP+0.292%+0.0256%4h$3.6M$5.6M20xas long as short
BloFin EDGE-USDT+0.377%+0.0485%4h$655K$123K50xas long as short