Funding you earn now, next payment 04:00 UTC−0.0458%/8h= −50.2% APRnext payment −$2.29 per $10,000 · paid last 24h −0.040%
Price spread now: Variational Omni against edgeX−0.365%104s7-day average −0.134% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.062%−$6 on $10k
+Price spread, last 4 days (all we have)+0.289%+$29 · spread now −0.365%, 7d avg −0.134%
=Together, before fees+0.227%+ Points / potential airdropedgeX: Active · Variational Omni: Active · farm board+$23 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Variational Omni is 0.231% cheaper against edgeX than usual: you would sell low and buy high (−$23 if the spread goes back to its 7-day average of −0.134%). Swap the legs. The two prices were read 104 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 3 days it paid -0.062% in total (about -6.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.29 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 | 0.0558 | pay 0.0279% / 4h | 1h 17m | $14.3M | $3.6M | 30x |
| Short | Variational Omni EDGE | 0.5959 | 0.0100 | get 0.0050% / 4h | 1h 17m | $190K | $135K | — |
edgeX EDGEUSDC
Variational Omni EDGEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$96.23
- Price spread: −0.365% → −0.134%
- −$23.12
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$128.35
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: edgeX: live order book, 1 min ago; Variational Omni: RFQ quote, 46 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, 1 min ago | 4.20 bp | 33.5 bp −$34 | 103.7 bp −$1,037 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 46 min ago | 5.92 bp | doesn't fit | 317.2 bp −$3,172 | 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 | 0.5938 | −0.720% | $43K | $19K | 3x | as long as short |
| Bybit EDGEUSDT | +0.0100% | 4h | 0.5939 | −0.706% | $7.1M | $3.3M | 25x | as long as short |
| KuCoin EDGEUSDTM | +0.0100% | 4h | 0.5944 | −0.623% | $2.1M | $2.2M | 50x | as long as short |
| Bitget EDGEUSDT | +0.0100% | 4h | 0.5940 | −0.690% | $4.7M | $1.1M | 20x | as long as short |
| Backpack EDGE_USDC_PERP | +0.0100% | 1h | 0.5940 | −0.681% | $60K | $105K | 3.3x | as long as short |
| Variational Omni EDGEshort | +0.0100% | 4h | 0.5959 | −0.365% | $190K | $135K | — | |
| GRVT EDGE_USDT_Perp | +0.0100% | 4h | 0.5970 | −0.189% | $2K | $2.1M | 10x | as long as short |
| ApeX Omni EDGEUSDT | +0.0100% | 1h | 0.5969 | −0.205% | $9K | $306K | 50x | as long as short |
| SunX EDGE-USDT | +0.0100% | 4h | 0.6223 | +4.042% | $4K | $621K | 10x | as long as short |
| BloFin EDGE-USDT | +0.0466% | 4h | 0.5955 | −0.439% | $654K | $101K | 50x | as long as short |
Lighter EDGE
Bybit EDGEUSDT
KuCoin EDGEUSDTM
Bitget EDGEUSDT
Backpack EDGE_USDC_PERP
GRVT EDGE_USDT_Perp
ApeX Omni EDGEUSDT
SunX EDGE-USDT
BloFin EDGE-USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended EDGE-USD | +0.0472% | 1h | 0.5942 | −0.648% | $27K | $194K | 5x | as long as short |
| Binance EDGEUSDT | +0.0475% | 4h | 0.5944 | −0.626% | $10.2M | $10.3M | 50x | as long as short |
| MEXC EDGE_USDT | +0.0480% | 4h | 0.5946 | −0.589% | $1.2M | $901K | 50x | as long as short |
| Aster EDGEUSDT | +0.0522% | 4h | 0.5954 | −0.463% | $68K | $128K | 5x | as long as short |
| OKX EDGE-USDT-SWAP | +0.0548% | 4h | 0.5947 | −0.573% | $3.7M | $5.8M | 20x | as long as short |
| edgeX EDGEUSDClong | +0.0558% | 4h | 0.5981 | long leg | $14.3M | $3.6M | 30x | |
| Orderly PERP_EDGE_USDC | +0.0654% | 4h | 0.5942 | −0.656% | $3K | — | 10x | as long as short |
Extended EDGE-USD
Binance EDGEUSDT
MEXC EDGE_USDT
Aster EDGEUSDT
OKX EDGE-USDT-SWAP
Orderly PERP_EDGE_USDC