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

EDGE

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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.01 per $10,000 · paid last 24h −0.001%
Price spread now: Lighter against ApeX Omni+0.262%78s7-day average · you sell dearer than you buy
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−0.011%−$1 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.262% dearer against ApeX Omni than usual: you sell high and buy low, +$26 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 78 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni EDGEUSDT0.59080.0100pay 0.0013% / 1h38m 20s$9K$301K50x
ShortLighter EDGE0.59240.0096get 0.0012% / 1h38m 20s$43K$19K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against ApeX Omni. 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
−$0.84
Price spread: +0.262% → 0.000%
$26.24
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Lighter: 0 bp × 2 orders
$0
Net
$15.4
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: ApeX Omni: live order book, 9 min ago; Lighter: no order-book sample. 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 ApeX Omni live order book, 9 min ago14.35 bp172.1 bp −$172doesn't fitdoesn't fitdoesn't fit
Sell Lighter no order-book sample
Lighter: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Backpack EDGE_USDC_PERP−0.0245%1h0.5908+0.007%$59K$115K3.3xas long as short
Lighter EDGEshort+0.0096%1h0.5924+0.262%$43K$19K3x
Bybit EDGEUSDT+0.0100%4h0.5919+0.186%$7.1M$3.3M25xas long as short
KuCoin EDGEUSDTM+0.0100%4h0.5914+0.102%$2.1M$2.2M50xas long as short
Bitget EDGEUSDT+0.0100%4h0.5922+0.237%$4.7M$1.1M20xas long as short
Variational Omni EDGE+0.0100%4h0.5901−0.118%$186K$144Kas long as short
GRVT EDGE_USDT_Perp+0.0100%4h0.5910+0.038%$8K$2.7M10xas long as short
ApeX Omni EDGEUSDTlong+0.0100%1h0.5908long leg$9K$301K50x
SunX EDGE-USDT+0.0100%4h0.5876−0.542%$4K$631K10xas long as short
Aster EDGEUSDT+0.0336%4h0.5919+0.193%$52K$155K5xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance EDGEUSDT+0.0430%4h0.5934+0.440%$10.2M$10.6M50xas long as short
MEXC EDGE_USDT+0.0430%4h0.5932+0.406%$1.0M$813K50xas long as short
Extended EDGE-USD+0.0432%1h0.5933+0.430%$27K$86K5xas long as short
BloFin EDGE-USDT+0.0432%4h0.5914+0.102%$658K$103K50xas long as short
OKX EDGE-USDT-SWAP+0.0442%4h0.5938+0.508%$3.7M$5.8M20xas long as short
edgeX EDGEUSDC+0.0482%4h0.5919+0.181%$14.2M$3.6M30xas long as short
Orderly PERP_EDGE_USDC+0.0579%4h0.5929+0.355%$3K$1K10xas long as short