EDGE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0179%/8h= −19.6% APRnext payment −$0.90 per $10,000 · paid last 24h −0.014%

Price spread now: Bitget against edgeX−0.377%7-day average −0.137% · you buy dearer than you sell

Net, funding: paid 7d − costs−$143as in the Funding arb table

Net, price: spread back to 7d avg − costs−$161as in the Price arb table

costs, in and out, $10k−$1371.374% of the position

Long on edgeX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.057%−$6 on $10k

Price spread, last 7 days+0.215%+$22 · spread now −0.377%, 7d avg −0.137%

Together, before fees+0.159%+ Points / potential airdropedgeX: Active · farm board+$16 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Bitget is 0.240% cheaper against edgeX than usual: you would sell low and buy high (−$24 if the spread goes back to its 7-day average of −0.137%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX EDGEUSDC	0.5852	0.0279	pay 0.0140% / 4h	2h 29m	$14.0M	$3.4M	30x
Short	Bitget EDGEUSDT	0.5830	0.0100	get 0.0050% / 4h	2h 29m	$4.6M	$988K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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

Position, each leg$Hold fordaysFee edgeXbpFee BitgetbpOrdersPrice spread, now −0.377%Rate

Funding earned: −$37.67
Price spread: −0.377% → −0.137%: −$24.01
Slippage, 4 orders: −$116.38
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$199.06
Costs to cover: 1.374%
Break-even: never at this rate

Slippage from edgeX: live order book, 5 min ago; Bitget: live order book, 4 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 edgeX live order book, 5 min ago	6.82 bp	18.2 bp −$18	105.7 bp −$1,057	doesn't fit	doesn't fit
Sell Bitget live order book, 4 min ago	6.84 bp	43.6 bp −$44	234.6 bp −$2,346	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
Backpack EDGE_USDC_PERP	−0.0518%	1h	0.5834	−0.308%	$59K	$100K	3.3x	as long as short
Lighter EDGE	+0.0096%	1h	0.5820	−0.544%	$54K	$9K	3x	as long as short
Bybit EDGEUSDT	+0.0100%	4h	0.5825	−0.462%	$6.9M	$3.2M	25x	as long as short
KuCoin EDGEUSDTM	+0.0100%	4h	0.5839	−0.223%	$2.1M	$2.3M	50x	as long as short
Bitget EDGEUSDTshort	+0.0100%	4h	0.5830	−0.377%	$4.6M	$988K	20x
Variational Omni EDGE	+0.0100%	4h	0.5827	−0.424%	$190K	$130K	—	as long as short
GRVT EDGE_USDT_Perp	+0.0100%	4h	0.5841	−0.188%	$11K	$1.7M	10x	as long as short
ApeX Omni EDGEUSDT	+0.0100%	1h	0.5843	−0.155%	$6K	$294K	50x	as long as short
SunX EDGE-USDT	+0.0100%	4h	0.5796	−0.958%	$4K	$602K	10x	as long as short
Aster EDGEUSDT	+0.0247%	4h	0.5842	−0.179%	$67K	$134K	5x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX EDGE-USDT-SWAP	+0.0271%	4h	0.5836	−0.274%	$3.6M	$5.7M	20x	as long as short
Extended EDGE-USD	+0.0272%	1h	0.5833	−0.330%	$26K	$230K	5x	as long as short
MEXC EDGE_USDT	+0.0272%	4h	0.5836	−0.274%	$1.2M	$928K	50x	as long as short
Binance EDGEUSDT	+0.0275%	4h	0.5836	−0.274%	$9.9M	$10.0M	50x	as long as short
edgeX EDGEUSDClong	+0.0279%	4h	0.5852	long leg	$14.0M	$3.4M	30x
BloFin EDGE-USDT	+0.0295%	4h	0.5846	−0.103%	$631K	$125K	50x	as long as short
Orderly PERP_EDGE_USDC	+0.0396%	4h	0.5838	−0.240%	$3K	—	10x	as long as short