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

EDGE

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0033%/8h= −3.6% APRnext payment $0.16 per $10,000 · paid last 24h +0.056%
Price spread now: Aster against OKX+0.066%7-day average −0.012% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$442as in the Price arb table
costs, in and out, $10k−$4504.496% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.154%+$15 on $10k
Price spread, last 4 days (all we have)+0.004%$0 · spread now +0.066%, 7d avg −0.012%
Together, before fees+0.158%+ Points / potential airdropAster: Stage 5 · farm board+$16 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.077% dearer against OKX than usual: you sell high and buy low (spread +0.066% now, against its 7-day average of −0.012%): +$8 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 7.8 days. Mind the row above: over the last 5 days funding on this pair paid +0.154%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX EDGE-USDT-SWAP0.58140.0487pay 0.0243% / 4h1h 31m$3.6M$5.7M20x
ShortAster EDGEUSDT0.58180.0454get 0.0227% / 4h1h 31m$67K$136K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against OKX. 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
−$6.92
Price spread: +0.066% → −0.012%
$7.72
Slippage, 4 orders
−$431.56
Fee OKX: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$448.75
Costs to cover
4.496%
Break-even
never at this rate
Slippage from OKX: live order book, 2 min ago; Aster: live order book, 50 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 OKX live order book, 2 min ago5.15 bp26.9 bp −$27149.5 bp −$1,495doesn't fitdoesn't fit
Sell Aster live order book, 50 min ago4.24 bp33.8 bp −$34doesn't fitdoesn'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%1h0.5798−0.282%$54K$8K3xas long as short
Bybit EDGEUSDT+0.0100%4h0.5804−0.172%$6.9M$3.3M25xas long as short
Bitget EDGEUSDT+0.0100%4h0.5812−0.034%$4.6M$995K20xas long as short
Backpack EDGE_USDC_PERP+0.0100%1h0.5813−0.012%$59K$100K3.3xas long as short
Variational Omni EDGE+0.0100%4h0.5872+1.003%$192K$130Kas long as short
GRVT EDGE_USDT_Perp+0.0100%4h0.5850+0.623%$2K$1.8M10xas long as short
ApeX Omni EDGEUSDT+0.0100%1h0.5828+0.241%$8K$294K50xas long as short
SunX EDGE-USDT+0.0100%4h0.5776−0.654%$4K$608K10xas long as short
KuCoin EDGEUSDTM+0.0204%4h0.5818+0.069%$2.1M$2.3M50xas long as short
BloFin EDGE-USDT+0.0410%4h0.5823+0.155%$633K$124K50xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended EDGE-USD+0.0448%1h0.5810−0.069%$26K$230K5xas long as short
Binance EDGEUSDT+0.0452%4h0.5812−0.034%$9.9M$10.1M50xas long as short
Aster EDGEUSDTshort+0.0454%4h0.5818+0.066%$67K$136K5x
MEXC EDGE_USDT+0.0458%4h0.5819+0.086%$1.1M$919K50xas long as short
OKX EDGE-USDT-SWAPlong+0.0487%4h0.5814long leg$3.6M$5.7M20x
edgeX EDGEUSDC+0.0508%4h0.5842+0.485%$14.0M$3.4M30xas long as short
Orderly PERP_EDGE_USDC+0.0530%4h0.5812−0.034%$3K10xas long as short