data as of
Settings8H · net · $10k
FundingCostsSizeExchangesMy alerts
Price arb /

EDGE

all EDGE markets
SwapFunding view
Alert
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Spread before costs (cost unknown: a leg has no order-book sample)+0.020%
7d average+0.119%if it closes, per $10,000$2funding while held, a day+$3.72
Long on Variational OmniShort on edgeX
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni EDGE0.59160.0100pay 0.0050% / 4h11m 49s$197K$88K—
ShortedgeX EDGEUSDC0.59170.0224get 0.0112% / 4h11m 49s$14.1M$3.3M30x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
$1.96
Funding while held
$3.72
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$3.32
Spread needed to break even
0.090%
Slippage unknown: Variational Omni: RFQ quote, 39 min ago; edgeX: live order book, 4 min ago. Net counts fees only.

Cost of waiting

funding view
Funding /8h
+0.0124%
Per $10,000 a day
+$3.72
Average in range /8h
—

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 39 min ago5.10 bpdoesn't fit566.1 bp −$5,661doesn't fitdoesn't fit
Sell edgeX live order book, 4 min ago6.76 bp36.9 bp −$37141.9 bp −$1,419doesn't fitdoesn't fit

EDGE price on every exchange

against the cheapest. Click to use as the short leg.
Lighter0.5884cheapestBybit0.5892+0.129%Aster0.5894+0.160%Backpack0.5896+0.204%Orderly0.5897+0.214%Extended0.5898+0.230%MEXC0.5899+0.248%KuCoin0.5899+0.248%Bitget0.5899+0.248%Binance0.5900+0.265%OKX0.5903+0.316%BloFin0.5913+0.486%
Variational Omni0.5916+0.537%
edgeX0.5917+0.557%
ApeX Omni0.5923+0.656%SunX0.6172+4.887%

EDGE on 16 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Lighter EDGE−0.534%+0.0096%1h$55K$9K3xas long as short
Bybit EDGEUSDT−0.406%+0.0100%4h$6.9M$3.1M25xas long as short
Aster EDGEUSDT−0.375%+0.0671%4h$77K$131K5xas long as short
Backpack EDGE_USDC_PERP−0.331%+0.0100%1h$59K$104K3.3xas long as short
Orderly PERP_EDGE_USDC−0.321%+0.0673%4h$3K$1110xas long as short
Extended EDGE-USD−0.305%+0.0624%1h$27K$230K5xas long as short
MEXC EDGE_USDT−0.287%+0.0628%4h$1.4M$911K50xas long as short
KuCoin EDGEUSDTM−0.287%+0.0100%4h$2.1M$2.2M50xas long as short
Bitget EDGEUSDT−0.287%+0.0100%4h$4.7M$873K20xas long as short
Binance EDGEUSDT−0.270%+0.0625%4h$10.1M$9.3M50xas long as short
Show all 16 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
OKX EDGE-USDT-SWAP−0.220%+0.0215%4h$3.5M$5.4M20xas long as short
BloFin EDGE-USDT−0.051%+0.0671%4h$654K$120K50xas long as short
Variational Omni EDGElong0.000%+0.0100%4h$197K$88K—
edgeX EDGEUSDCshort+0.020%+0.0224%4h$14.1M$3.3M30x
ApeX Omni EDGEUSDT+0.118%+0.0100%1h$1K$295K50xas long as short
SunX EDGE-USDT+4.327%+0.0100%4h$3K$557K10xas long as short