EDGE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0171%/8h= +18.7% APRnext payment +$0.85 per $10,000 · paid last 24h +0.067%

Price spread now: Orderly against edgeX−0.080%7-day average — · you buy dearer than you sell

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

Long on edgeX 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—+ Points / potential airdropedgeX: Active · farm boardneeds both histories

Funding pays, the price is against you. Orderly is 0.080% cheaper against edgeX than usual: you would sell low and buy high (spread −0.080% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 38 hours of funding at the current rate (+$5 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX EDGEUSDC	0.5832	0.0193	pay 0.0096% / 4h	2h 52m	$13.9M	$3.4M	30x
Short	Orderly PERP_EDGE_USDC	0.5827	0.0364	get 0.0182% / 4h	2h 52m	$3K	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against edgeX. 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 edgeXbpFee OrderlybpOrdersPrice spread, now −0.080%Rate

Funding earned: $35.88
Price spread: −0.080% → 0.000%: −$8.01
Slippage, 4 orders: no order book: not counted
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Orderly: 3 bp × 2 orders: −$6
Net: $12.86
Costs to cover: 0.150%
Break-even: 4.5 days

Slippage unknown: edgeX: live order book, 1 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 edgeX live order book, 1 min ago	3.42 bp	13.9 bp −$14	101.4 bp −$1,014	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	−0.0721%	1h	0.5829	−0.051%	$59K	$100K	3.3x	as long as short
Lighter EDGE	+0.0096%	1h	0.5816	−0.267%	$54K	$9K	3x	as long as short
Bybit EDGEUSDT	+0.0100%	4h	0.5820	−0.200%	$6.9M	$3.2M	25x	as long as short
KuCoin EDGEUSDTM	+0.0100%	4h	0.5824	−0.132%	$2.1M	$2.3M	50x	as long as short
Bitget EDGEUSDT	+0.0100%	4h	0.5828	−0.063%	$4.6M	$986K	20x	as long as short
Variational Omni EDGE	+0.0100%	4h	0.5819	−0.209%	$190K	$130K	—	as long as short
GRVT EDGE_USDT_Perp	+0.0100%	4h	0.5832	+0.006%	$6K	$1.7M	10x	as long as short
SunX EDGE-USDT	+0.0100%	4h	0.6093	+4.481%	$4K	$598K	10x	as long as short
ApeX Omni EDGEUSDT	+0.0147%	1h	0.5844	+0.211%	$2K	$293K	50x	as long as short
Aster EDGEUSDT	+0.0172%	4h	0.5829	−0.042%	$67K	$134K	5x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX EDGE-USDT-SWAP	+0.0173%	4h	0.5836	+0.074%	$3.6M	$5.7M	20x	as long as short
BloFin EDGE-USDT	+0.0176%	4h	0.5832	+0.006%	$632K	$125K	50x	as long as short
edgeX EDGEUSDClong	+0.0193%	4h	0.5832	long leg	$13.9M	$3.4M	30x
MEXC EDGE_USDT	+0.0196%	4h	0.5834	+0.040%	$1.2M	$918K	50x	as long as short
Binance EDGEUSDT	+0.0197%	4h	0.5832	+0.006%	$9.9M	$10.0M	50x	as long as short
Extended EDGE-USD	+0.0200%	1h	0.5829	−0.038%	$26K	$230K	5x	as long as short
Orderly PERP_EDGE_USDCshort	+0.0364%	4h	0.5827	−0.080%	$3K	—	10x