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

EDGE

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Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0001%/8h= −0.1% APRpaid last 24h +0.012%
Price spread now: Binance against Extended+0.042%7-day average +0.058% · 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−$198as in the Price arb table
costs, in and out, $10k−$1971.968% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.013%+$1 on $10k
Price spread, last 4 days (all we have)+0.067%+$7 · spread now +0.042%, 7d avg +0.058%
Together, before fees+0.081%+ Points / potential airdropExtended: Active · farm board+$8 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended EDGE-USD0.60000.0560pay 0.0070% / 1h50m 47s$29K$267K5x
ShortBinance EDGEUSDT0.60030.0559get 0.0280% / 4h3h 50m$10.4M$11.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Extended. 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
−$0.13
Price spread: +0.042% → +0.058%
−$1.59
Slippage, 4 orders
−$181.78
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Binance: 5 bp × 2 orders
−$10
Net
−$198.5
Costs to cover
1.968%
Break-even
never at this rate
Slippage from Extended: live order book, 2 min ago; Binance: live order book, 4 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 Extended live order book, 2 min ago3.26 bp49.7 bp −$50485.8 bp −$4,858doesn't fitdoesn't fit
Sell Binance live order book, 4 min ago0.83 bp25.7 bp −$26153.8 bp −$1,538doesn'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%1h0.5988−0.200%$44K$22K3xas long as short
Bybit EDGEUSDT+0.0100%4h0.5991−0.158%$7.3M$3.4M25xas long as short
Bitget EDGEUSDT+0.0100%4h0.5997−0.058%$4.8M$1.1M20xas long as short
Backpack EDGE_USDC_PERP+0.0100%1h0.6001+0.004%$58K$122K3.3xas long as short
Variational Omni EDGE+0.0100%4h0.5985−0.258%$189K$145Kas long as short
GRVT EDGE_USDT_Perp+0.0100%4h0.5982−0.308%$9K$3.2M10xas long as short
ApeX Omni EDGEUSDT+0.0100%1h0.5989−0.191%$9K$296K50xas long as short
SunX EDGE-USDT+0.0100%4h0.5952−0.808%$4K$645K10xas long as short
KuCoin EDGEUSDTM+0.0190%4h0.5991−0.158%$2.1M$2.2M50xas long as short
Aster EDGEUSDT+0.0374%4h0.5998−0.037%$52K$152K5xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC EDGE_USDT+0.0556%4h0.6005+0.075%$1.1M$717K50xas long as short
Binance EDGEUSDTshort+0.0559%4h0.6003+0.042%$10.4M$11.0M50x
BloFin EDGE-USDT+0.0560%4h0.6000−0.008%$671K$106K50xas long as short
Extended EDGE-USDlong+0.0560%1h0.6000long leg$29K$267K5x
edgeX EDGEUSDC+0.0586%4h0.5980−0.340%$14.4M$3.7M30xas long as short
OKX EDGE-USDT-SWAP+0.0601%4h0.6000−0.008%$3.8M$6.2M20xas long as short
Orderly PERP_EDGE_USDC+0.0659%4h0.5992−0.141%$2K$1K10xas long as short