EDGE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0144%/8h= +15.7% APRnext payment +$0.72 per $10,000 · paid last 24h +0.032%

Price spread now: Orderly against BloFin−0.068%52s7-day average — · you buy dearer than you sell

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

Long on BloFin 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

Funding pays, the price is against you. Orderly is 0.068% cheaper against BloFin than usual: you would sell low and buy high (spread −0.068% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 38 hours of funding at the current rate (+$4 a day). The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin EDGE-USDT	0.5850	0.0240	pay 0.0120% / 4h	2h 35m	$631K	$125K	50x
Short	Orderly PERP_EDGE_USDC	0.5846	0.0384	get 0.0192% / 4h	2h 35m	$3K	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against BloFin. 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 BloFinbpFee OrderlybpOrdersPrice spread, now −0.068%Rate

Funding earned: $30.19
Price spread: −0.068% → 0.000%: −$6.84
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Orderly: 3 bp × 2 orders: −$6
Net: $5.35
Costs to cover: 0.180%
Break-even: 5.8 days

Slippage unknown: BloFin: live order book, 51 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 BloFin live order book, 51 min ago	2.55 bp	22.2 bp −$22	doesn't fit	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	−0.0588%	1h	0.5841	−0.147%	$59K	$100K	3.3x	as long as short
Lighter EDGE	+0.0096%	1h	0.5831	−0.318%	$54K	$9K	3x	as long as short
Bybit EDGEUSDT	+0.0100%	4h	0.5843	−0.120%	$6.9M	$3.2M	25x	as long as short
KuCoin EDGEUSDTM	+0.0100%	4h	0.5846	−0.068%	$2.1M	$2.3M	50x	as long as short
Bitget EDGEUSDT	+0.0100%	4h	0.5834	−0.274%	$4.6M	$987K	20x	as long as short
Variational Omni EDGE	+0.0100%	4h	0.5841	−0.153%	$190K	$130K	—	as long as short
GRVT EDGE_USDT_Perp	+0.0100%	4h	0.5849	−0.009%	$11K	$1.7M	10x	as long as short
ApeX Omni EDGEUSDT	+0.0100%	1h	0.5855	+0.085%	$6K	$295K	50x	as long as short
SunX EDGE-USDT	+0.0100%	4h	0.5804	−0.786%	$3K	$602K	10x	as long as short
edgeX EDGEUSDC	+0.0203%	4h	0.5839	−0.190%	$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	+0.0214%	4h	0.5848	−0.034%	$67K	$134K	5x	as long as short
Extended EDGE-USD	+0.0224%	1h	0.5848	−0.028%	$26K	$230K	5x	as long as short
MEXC EDGE_USDT	+0.0226%	4h	0.5848	−0.034%	$1.2M	$920K	50x	as long as short
OKX EDGE-USDT-SWAP	+0.0237%	4h	0.5850	0.000%	$3.6M	$5.7M	20x	as long as short
BloFin EDGE-USDTlong	+0.0240%	4h	0.5850	long leg	$631K	$125K	50x
Binance EDGEUSDT	+0.0245%	4h	0.5850	−0.007%	$9.9M	$10.0M	50x	as long as short
Orderly PERP_EDGE_USDCshort	+0.0384%	4h	0.5846	−0.068%	$3K	—	10x