Funding you earn now, next payment 22:00 UTC−0.0107%/8h= −11.7% APRpaid last 24h −0.016%
Price spread now: Lighter against edgeX−0.101%49s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.068%−$7 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropedgeX: Active · Lighter: Season 3 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Lighter is 0.101% cheaper against edgeX than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 49 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 | edgeX EDGEUSDC | 0.5839 | 0.0203 | pay 0.0101% / 4h | 2h 36m | $14.0M | $3.4M | 30x |
| Short | Lighter EDGE | 0.5833 | 0.0096 | get 0.0012% / 1h | 36m 44s | $54K | $9K | 3x |
edgeX EDGEUSDC
Lighter EDGEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against edgeX. 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
- −$22.39
- Price spread: −0.101% → 0.000%
- −$10.11
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$41.5
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: edgeX: live order book, 2 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 edgeX live order book, 2 min ago | 6.84 bp | 23.4 bp −$23 | 139.1 bp −$1,391 | 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 | −0.0610% | 1h | 0.5846 | +0.122% | $59K | $100K | 3.3x | as long as short |
| Lighter EDGEshort | +0.0096% | 1h | 0.5833 | −0.101% | $54K | $9K | 3x | |
| Bybit EDGEUSDT | +0.0100% | 4h | 0.5841 | +0.036% | $6.9M | $3.2M | 25x | as long as short |
| KuCoin EDGEUSDTM | +0.0100% | 4h | 0.5845 | +0.104% | $2.1M | $2.3M | 50x | as long as short |
| Bitget EDGEUSDT | +0.0100% | 4h | 0.5834 | −0.084% | $4.6M | $988K | 20x | as long as short |
| Variational Omni EDGE | +0.0100% | 4h | 0.5841 | +0.036% | $190K | $130K | — | as long as short |
| GRVT EDGE_USDT_Perp | +0.0100% | 4h | 0.5846 | +0.122% | $11K | $1.7M | 10x | as long as short |
| ApeX Omni EDGEUSDT | +0.0100% | 1h | 0.5848 | +0.156% | $6K | $295K | 50x | as long as short |
| SunX EDGE-USDT | +0.0100% | 4h | 0.6114 | +4.711% | $4K | $601K | 10x | as long as short |
| edgeX EDGEUSDClong | +0.0203% | 4h | 0.5839 | long leg | $14.0M | $3.4M | 30x |
Backpack EDGE_USDC_PERP
Bybit EDGEUSDT
KuCoin EDGEUSDTM
Bitget EDGEUSDT
Variational Omni EDGE
GRVT EDGE_USDT_Perp
ApeX Omni EDGEUSDT
SunX EDGE-USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster EDGEUSDT | +0.0214% | 4h | 0.5848 | +0.148% | $67K | $134K | 5x | as long as short |
| MEXC EDGE_USDT | +0.0222% | 4h | 0.5853 | +0.241% | $1.2M | $920K | 50x | as long as short |
| Extended EDGE-USD | +0.0224% | 1h | 0.5851 | +0.214% | $26K | $230K | 5x | as long as short |
| Binance EDGEUSDT | +0.0227% | 4h | 0.5853 | +0.241% | $9.9M | $10.0M | 50x | as long as short |
| OKX EDGE-USDT-SWAP | +0.0228% | 4h | 0.5854 | +0.259% | $3.6M | $5.7M | 20x | as long as short |
| BloFin EDGE-USDT | +0.0240% | 4h | 0.5850 | +0.190% | $631K | $125K | 50x | as long as short |
| Orderly PERP_EDGE_USDC | +0.0377% | 4h | 0.5843 | +0.070% | $3K | — | 10x | as long as short |
Aster EDGEUSDT
MEXC EDGE_USDT
Extended EDGE-USD
Binance EDGEUSDT
OKX EDGE-USDT-SWAP
BloFin EDGE-USDT
Orderly PERP_EDGE_USDC