Funding you earn now, next payment 01:00 UTC−0.0557%/8h= −61.0% APRpaid last 24h −0.078%
Price spread now: Lighter against BloFin−0.316%60s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.236%−$24 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and Lighter is 0.316% cheaper against BloFin than usual: you would sell low and buy high (−$32 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 60 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.236% in total (about -12.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin EDGE-USDT | 0.6008 | 0.0653 | pay 0.0327% / 4h | 3h 39m | $651K | $96K | 50x |
| Short | Lighter EDGE | 0.5989 | 0.0096 | get 0.0012% / 1h | 39m 49s | $50K | $14K | 3x |
BloFin EDGE-USDT
Lighter EDGEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against BloFin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$117
- Price spread: −0.316% → 0.000%
- −$31.62
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$160.62
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 32 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BloFin live order book, 32 min ago | 5.04 bp | 30.6 bp −$31 | 128.2 bp −$1,282 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Backpack EDGE_USDC_PERP | −0.0029% | 1h | 0.5999 | −0.146% | $57K | $101K | 3.3x | as long as short |
| Lighter EDGEshort | +0.0096% | 1h | 0.5989 | −0.316% | $50K | $14K | 3x | |
| Bybit EDGEUSDT | +0.0100% | 4h | 0.5988 | −0.333% | $7.1M | $3.3M | 25x | as long as short |
| KuCoin EDGEUSDTM | +0.0100% | 4h | 0.6001 | −0.117% | $2.1M | $2.2M | 50x | as long as short |
| Bitget EDGEUSDT | +0.0100% | 4h | 0.5994 | −0.233% | $4.8M | $1.0M | 20x | as long as short |
| Variational Omni EDGE | +0.0100% | 4h | 0.5992 | −0.273% | $191K | $127K | — | as long as short |
| GRVT EDGE_USDT_Perp | +0.0100% | 4h | 0.5949 | −0.980% | $5K | $1.9M | 10x | as long as short |
| ApeX Omni EDGEUSDT | +0.0100% | 1h | 0.5958 | −0.832% | $9K | $290K | 50x | as long as short |
| SunX EDGE-USDT | +0.0100% | 4h | 0.5967 | −0.682% | $3K | $614K | 10x | as long as short |
| OKX EDGE-USDT-SWAP | +0.0588% | 4h | 0.5994 | −0.233% | $3.7M | $5.9M | 20x | as long as short |
Backpack EDGE_USDC_PERP
Bybit EDGEUSDT
KuCoin EDGEUSDTM
Bitget EDGEUSDT
Variational Omni EDGE
GRVT EDGE_USDT_Perp
ApeX Omni EDGEUSDT
SunX EDGE-USDT
OKX EDGE-USDT-SWAPShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX EDGEUSDC | +0.0601% | 4h | 0.5944 | −1.057% | $14.2M | $3.5M | 30x | as long as short |
| Aster EDGEUSDT | +0.0603% | 4h | 0.6008 | −0.007% | $69K | $133K | 5x | as long as short |
| MEXC EDGE_USDT | +0.0612% | 4h | 0.5995 | −0.216% | $1.2M | $912K | 50x | as long as short |
| Binance EDGEUSDT | +0.0613% | 4h | 0.5994 | −0.229% | $10.2M | $10.2M | 50x | as long as short |
| Extended EDGE-USD | +0.0616% | 1h | 0.5990 | −0.295% | $27K | $224K | 5x | as long as short |
| BloFin EDGE-USDTlong | +0.0653% | 4h | 0.6008 | long leg | $651K | $96K | 50x | |
| Orderly PERP_EDGE_USDC | +0.0779% | 4h | 0.6001 | −0.117% | $3K | — | 10x | as long as short |
edgeX EDGEUSDC
Aster EDGEUSDT
MEXC EDGE_USDT
Binance EDGEUSDT
Extended EDGE-USD
Orderly PERP_EDGE_USDC