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

EDGE

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0007%/8h= +0.8% APRnext payment +$0.04 per $10,000 · paid last 24h +0.001%
Price spread now: OKX against edgeX+0.190%51s7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$115as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1151.153% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.001%$0 on $10k
Price spread, last 7 days−0.306%−$31 · spread now +0.190%, 7d avg +0.007%
Together, before fees−0.305%+ Points / potential airdropedgeX: Active · farm board−$30 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.183% dearer against edgeX than usual: you sell high and buy low, +$18 on $10k if it goes back to its 7-day average of +0.007%. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX EDGEUSDC0.59650.0542pay 0.0271% / 4h3h 24m$14.3M$3.7M30x
ShortOKX EDGE-USDT-SWAP0.59760.0549get 0.0275% / 4h3h 24m$3.8M$5.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$1.5
Price spread: +0.190% → +0.007%
$18.33
Slippage, 4 orders
−$96.27
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee OKX: 5 bp × 2 orders
−$10
Net
−$95.44
Costs to cover
1.153%
Break-even
452.3 days
Slippage from edgeX: live order book, 4 min ago; OKX: live order book, 3 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 OKX live order book, 3 min ago2.52 bp24.5 bp −$24131.7 bp −$1,317doesn'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%1h0.5964−0.013%$43K$19K3xas long as short
Bybit EDGEUSDT+0.0100%4h0.5968+0.056%$7.2M$3.3M25xas long as short
KuCoin EDGEUSDTM+0.0100%4h0.5971+0.106%$2.1M$2.2M50xas long as short
Bitget EDGEUSDT+0.0100%4h0.5967+0.039%$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 EDGEUSDT+0.0100%1h0.5969+0.073%$9K$305K50xas long as short
SunX EDGE-USDT+0.0100%4h0.5940−0.413%$4K$624K10xas long as short
Aster EDGEUSDT+0.0448%4h0.5977+0.207%$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%4h0.5973+0.140%$1.1M$866K50xas long as short
Binance EDGEUSDT+0.0502%4h0.5975+0.173%$10.2M$10.5M50xas long as short
edgeX EDGEUSDClong+0.0542%4h0.5965long leg$14.3M$3.7M30x
OKX EDGE-USDT-SWAPshort+0.0549%4h0.5976+0.190%$3.8M$5.8M20x
Orderly PERP_EDGE_USDC+0.0589%4h0.5975+0.173%$3K$1K10xas long as short