Funding you earn now, next payment 04:00 UTC−0.0335%/8h= −36.7% APRnext payment −$1.67 per $10,000 · paid last 24h −0.041%
Price spread now: SunX against edgeX−0.142%74s7-day average +0.379% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.086%−$9 on $10k
+Price spread, last 3 days (all we have)+1.706%+$171 · spread now −0.142%, 7d avg +0.379%
=Together, before fees+1.620%+ Points / potential airdropedgeX: Active · farm board+$162 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and SunX is 0.521% cheaper against edgeX than usual: you would sell low and buy high (−$52 if the spread goes back to its 7-day average of +0.379%). Swap the legs. The two prices were read 74 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 -0.086% in total (about -4.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.67 per $10,000. 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 | edgeX EDGEUSDC | 0.5981 | 0.0435 | pay 0.0217% / 4h | 3h 15m | $14.3M | $3.6M | 30x |
| Short | SunX EDGE-USDT | 0.5972 | 0.0100 | get 0.0050% / 4h | 3h 15m | $3K | $614K | 10x |
edgeX EDGEUSDC
SunX EDGE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$70.35
- Price spread: −0.142% → +0.379%
- −$52.09
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$139.44
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: edgeX: live order book, 3 min ago; SunX: live order book, 36 min ago. 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, 3 min ago | 5.84 bp | 33.7 bp −$34 | 132.3 bp −$1,323 | doesn't fit | doesn't fit |
| Sell SunX live order book, 36 min ago | 500.88 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter EDGE | +0.0096% | 1h | 0.6018 | +0.625% | $50K | $14K | 3x | as long as short |
| Bybit EDGEUSDT | +0.0100% | 4h | 0.6012 | +0.527% | $7.2M | $3.3M | 25x | as long as short |
| KuCoin EDGEUSDTM | +0.0100% | 4h | 0.6021 | +0.677% | $2.2M | $2.2M | 50x | as long as short |
| Bitget EDGEUSDT | +0.0100% | 4h | 0.6018 | +0.627% | $4.8M | $1.0M | 20x | as long as short |
| Backpack EDGE_USDC_PERP | +0.0100% | 1h | 0.6024 | +0.721% | $57K | $100K | 3.3x | as long as short |
| Variational Omni EDGE | +0.0100% | 4h | 0.6009 | +0.478% | $192K | $127K | — | as long as short |
| GRVT EDGE_USDT_Perp | +0.0100% | 4h | 0.5981 | +0.014% | $14K | $1.9M | 10x | as long as short |
| ApeX Omni EDGEUSDT | +0.0100% | 1h | 0.5989 | +0.142% | $9K | $293K | 50x | as long as short |
| SunX EDGE-USDTshort | +0.0100% | 4h | 0.5972 | −0.142% | $3K | $614K | 10x | |
| edgeX EDGEUSDClong | +0.0435% | 4h | 0.5981 | long leg | $14.3M | $3.6M | 30x |
Lighter EDGE
Bybit EDGEUSDT
KuCoin EDGEUSDTM
Bitget EDGEUSDT
Backpack EDGE_USDC_PERP
Variational Omni EDGE
GRVT EDGE_USDT_Perp
ApeX Omni EDGEUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX EDGE-USDT-SWAP | +0.0461% | 4h | 0.6022 | +0.694% | $3.7M | $5.8M | 20x | as long as short |
| BloFin EDGE-USDT | +0.0512% | 4h | 0.6006 | +0.426% | $652K | $95K | 50x | as long as short |
| Extended EDGE-USD | +0.0552% | 1h | 0.6017 | +0.605% | $27K | $192K | 5x | as long as short |
| MEXC EDGE_USDT | +0.0552% | 4h | 0.6025 | +0.744% | $1.2M | $914K | 50x | as long as short |
| Aster EDGEUSDT | +0.0574% | 4h | 0.6028 | +0.794% | $69K | $133K | 5x | as long as short |
| Binance EDGEUSDT | +0.0575% | 4h | 0.6022 | +0.694% | $10.3M | $10.3M | 50x | as long as short |
| Orderly PERP_EDGE_USDC | +0.0786% | 4h | 0.6020 | +0.660% | $3K | — | 10x | as long as short |
OKX EDGE-USDT-SWAP
BloFin EDGE-USDT
Extended EDGE-USD
MEXC EDGE_USDT
Aster EDGEUSDT
Binance EDGEUSDT
Orderly PERP_EDGE_USDC