Funding you earn now, next payment 04:00 UTC−0.0355%/8h= −38.9% APRnext payment −$1.78 per $10,000 · paid last 24h −0.041%
Price spread now: Bybit against edgeX+0.162%7-day average −0.125% · you sell dearer than you buy
Net, funding: paid 7d − costs−$195as in the Funding arb table
Net, price: spread back to 7d avg − costs−$156as in the Price arb table
costs, in and out, $10k−$1851.851% of the position
Funding, last 7 days−0.096%−$10 on $10k
+Price spread, last 7 days−0.367%−$37 · spread now +0.162%, 7d avg −0.125%
=Together, before fees−0.463%+ Points / potential airdropedgeX: Active · farm board−$46 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bybit is 0.287% dearer against edgeX than usual: you sell high and buy low (spread +0.162% now, against its 7-day average of −0.125%): +$29 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 2.7 days. At the pace of the last 7 days (−0.096% in total) that is about 21 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.096% in total (about -5.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.78 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 | edgeX EDGEUSDC | 0.6013 | 0.0455 | pay 0.0228% / 4h | 3h 09m | $14.4M | $3.6M | 30x |
| Short | Bybit EDGEUSDT | 0.6023 | 0.0100 | get 0.0050% / 4h | 3h 09m | $7.2M | $3.3M | 25x |
edgeX EDGEUSDC
Bybit EDGEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against edgeX. 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
- −$74.6
- Price spread: +0.162% → −0.125%
- $28.68
- Slippage, 4 orders
- −$165.06
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$230.98
- Costs to cover
- 1.851%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 5 min ago; Bybit: 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 | 5.83 bp | 40.1 bp −$40 | 144.2 bp −$1,442 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 2.50 bp | 73.4 bp −$73 | 323.9 bp −$3,239 | 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 | 0.6024 | +0.172% | $50K | $14K | 3x | as long as short |
| Bybit EDGEUSDTshort | +0.0100% | 4h | 0.6023 | +0.162% | $7.2M | $3.3M | 25x | |
| KuCoin EDGEUSDTM | +0.0100% | 4h | 0.6027 | +0.228% | $2.2M | $2.2M | 50x | as long as short |
| Bitget EDGEUSDT | +0.0100% | 4h | 0.6029 | +0.261% | $4.8M | $1.0M | 20x | as long as short |
| Backpack EDGE_USDC_PERP | +0.0100% | 1h | 0.6041 | +0.459% | $57K | $99K | 3.3x | as long as short |
| Variational Omni EDGE | +0.0100% | 4h | 0.6005 | −0.146% | $192K | $126K | — | as long as short |
| GRVT EDGE_USDT_Perp | +0.0100% | 4h | 0.6013 | −0.005% | $495 | $1.9M | 10x | as long as short |
| ApeX Omni EDGEUSDT | +0.0100% | 1h | 0.6028 | +0.245% | $9K | $294K | 50x | as long as short |
| SunX EDGE-USDT | +0.0100% | 4h | 0.5999 | −0.238% | $4K | $610K | 10x | as long as short |
| edgeX EDGEUSDClong | +0.0455% | 4h | 0.6013 | long leg | $14.4M | $3.6M | 30x |
Lighter EDGE
KuCoin EDGEUSDTM
Bitget EDGEUSDT
Backpack EDGE_USDC_PERP
Variational Omni EDGE
GRVT EDGE_USDT_Perp
ApeX Omni EDGEUSDT
SunX EDGE-USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX EDGE-USDT-SWAP | +0.0483% | 4h | 0.6033 | +0.328% | $3.7M | $5.8M | 20x | as long as short |
| MEXC EDGE_USDT | +0.0572% | 4h | 0.6031 | +0.295% | $1.2M | $916K | 50x | as long as short |
| Binance EDGEUSDT | +0.0572% | 4h | 0.6028 | +0.245% | $10.3M | $10.2M | 50x | as long as short |
| Extended EDGE-USD | +0.0576% | 1h | 0.6029 | +0.263% | $27K | $194K | 5x | as long as short |
| Aster EDGEUSDT | +0.0583% | 4h | 0.6028 | +0.245% | $69K | $133K | 5x | as long as short |
| BloFin EDGE-USDT | +0.0591% | 4h | 0.6022 | +0.145% | $650K | $95K | 50x | as long as short |
| Orderly PERP_EDGE_USDC | +0.0798% | 4h | 0.6025 | +0.195% | $3K | — | 10x | as long as short |
OKX EDGE-USDT-SWAP
MEXC EDGE_USDT
Binance EDGEUSDT
Extended EDGE-USD
Aster EDGEUSDT
BloFin EDGE-USDT
Orderly PERP_EDGE_USDC