EDGE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0168%/8h= +18.4% APRnext payment +$0.84 per $10,000 · paid last 24h +0.027%

Price spread now: Orderly against Binance−0.017%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Binance Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$5 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance EDGEUSDT	0.5851	0.0193	pay 0.0096% / 4h	2h 57m	$9.9M	$10.0M	50x
Short	Orderly PERP_EDGE_USDC	0.5850	0.0361	get 0.0181% / 4h	2h 57m	$3K	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against Binance. 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

Position, each leg$Hold fordaysFee BinancebpFee OrderlybpOrdersPrice spread, now −0.017%Rate

Funding earned: $35.36
Price spread: −0.017% → 0.000%: −$1.71
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Orderly: 3 bp × 2 orders: −$6
Net: $17.65
Costs to cover: 0.160%
Break-even: 3.5 days

Slippage unknown: Binance: live order book, 12 min ago; Orderly: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Binance live order book, 12 min ago	0.85 bp	34.6 bp −$35	245.0 bp −$2,450	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Backpack EDGE_USDC_PERP	−0.0148%	1h	0.5847	−0.073%	$59K	$100K	3.3x	as long as short
Lighter EDGE	+0.0096%	1h	0.5837	−0.231%	$54K	$9K	3x	as long as short
Bybit EDGEUSDT	+0.0100%	4h	0.5843	−0.137%	$6.9M	$3.3M	25x	as long as short
KuCoin EDGEUSDTM	+0.0100%	4h	0.5848	−0.051%	$2.1M	$2.3M	50x	as long as short
Bitget EDGEUSDT	+0.0100%	4h	0.5844	−0.120%	$4.7M	$983K	20x	as long as short
Variational Omni EDGE	+0.0100%	4h	0.5835	−0.281%	$190K	$130K	—	as long as short
GRVT EDGE_USDT_Perp	+0.0100%	4h	0.5849	−0.030%	$10K	$1.7M	10x	as long as short
ApeX Omni EDGEUSDT	+0.0100%	1h	0.5855	+0.068%	$1K	$292K	50x	as long as short
SunX EDGE-USDT	+0.0100%	4h	0.6118	+4.563%	$4K	$597K	10x	as long as short
edgeX EDGEUSDC	+0.0139%	4h	0.5850	−0.014%	$14.0M	$3.4M	30x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster EDGEUSDT	+0.0162%	4h	0.5848	−0.051%	$67K	$134K	5x	as long as short
MEXC EDGE_USDT	+0.0178%	4h	0.5851	0.000%	$1.2M	$918K	50x	as long as short
BloFin EDGE-USDT	+0.0184%	4h	0.5859	+0.137%	$635K	$125K	50x	as long as short
Extended EDGE-USD	+0.0192%	1h	0.5847	−0.063%	$26K	$230K	5x	as long as short
Binance EDGEUSDTlong	+0.0193%	4h	0.5851	long leg	$9.9M	$10.0M	50x
OKX EDGE-USDT-SWAP	+0.0196%	4h	0.5857	+0.103%	$3.6M	$5.7M	20x	as long as short
Orderly PERP_EDGE_USDCshort	+0.0361%	4h	0.5850	−0.017%	$3K	—	10x