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

EDGE

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Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0345%/8h= −37.8% APRnext payment $1.72 per $10,000 · paid last 24h −0.077%
Price spread now: SunX against edgeX−0.715%7-day average +0.393% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.121%−$12 on $10k
Price spread, last 4 days (all we have)+0.624%+$62 · spread now −0.715%, 7d avg +0.393%
Together, before fees+0.503%+ Points / potential airdropedgeX: Active · farm board+$50 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and SunX is 1.108% cheaper against edgeX than usual: you would sell low and buy high (−$111 if the spread goes back to its 7-day average of +0.393%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.121% in total (about -6.3% a year). A funding rate is set anew for every payment; at this rate the next one is about $1.72 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX EDGEUSDC0.59360.0445pay 0.0222% / 4h1h 56m$14.3M$3.8M30x
ShortSunX EDGE-USDT0.58940.0100get 0.0050% / 4h1h 56m$3K$622K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$72.44
Price spread: −0.715% → +0.393%
−$110.79
Slippage, 4 orders
no order book: not counted
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee SunX: 4 bp × 2 orders
−$8
Net
−$200.23
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: edgeX: live order book, 5 min ago; SunX: live order book, 47 min ago. Net counts fees only.

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, 5 min ago2.52 bp9.2 bp −$997.1 bp −$971doesn't fitdoesn't fit
Sell SunX live order book, 47 min ago500.34 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

EDGE on 17 exchanges

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%1h0.5923−0.226%$43K$18K3xas long as short
Bybit EDGEUSDT+0.0100%4h0.5931−0.091%$7.1M$3.2M25xas long as short
Bitget EDGEUSDT+0.0100%4h0.5938+0.027%$4.7M$1.1M20xas long as short
Variational Omni EDGE+0.0100%4h0.5924−0.207%$187K$140Kas long as short
GRVT EDGE_USDT_Perp+0.0100%4h0.5939+0.036%$2K$3.6M10xas long as short
ApeX Omni EDGEUSDT+0.0100%1h0.5948+0.195%$9K$274K50xas long as short
SunX EDGE-USDTshort+0.0100%4h0.5894−0.715%$3K$622K10x
KuCoin EDGEUSDTM+0.0202%4h0.5939+0.043%$2.1M$2.2M50xas long as short
OKX EDGE-USDT-SWAP+0.0421%4h0.5939+0.043%$3.7M$5.7M20xas long as short
Backpack EDGE_USDC_PERP+0.0441%1h0.5938+0.027%$60K$114K3.3xas long as short
Show all 17 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX EDGEUSDClong+0.0445%4h0.5936long leg$14.3M$3.8M30x
Aster EDGEUSDT+0.0463%4h0.5937+0.010%$59K$144K5xas long as short
Extended EDGE-USD+0.0536%1h0.5939+0.044%$27K$272K5xas long as short
MEXC EDGE_USDT+0.0538%4h0.5936−0.007%$1.1M$684K50xas long as short
Binance EDGEUSDT+0.0538%4h0.5937+0.013%$10.3M$10.5M50xas long as short
BloFin EDGE-USDT+0.0561%4h0.5934−0.041%$670K$105K50xas long as short
Orderly PERP_EDGE_USDC+0.0655%4h0.5933−0.058%$2K$1K10xas long as short