EDGE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0477%/8h= +52.3% APRnext payment +$2.39 per $10,000 · paid last 24h +0.121%

Price spread now: Orderly against GRVT−0.169%7-day average — · you buy dearer than you sell

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

Long on GRVT 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 airdropGRVT: Active · farm boardneeds both histories

Funding pays, the price is against you. Orderly is 0.169% cheaper against GRVT than usual: you would sell low and buy high (spread −0.169% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$17 on $10k: about 28 hours of funding at the current rate (+$14 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT EDGE_USDT_Perp	0.5924	0.0100	pay 0.0050% / 4h	2h 42m	$9K	$2.7M	10x
Short	Orderly PERP_EDGE_USDC	0.5914	0.0577	get 0.0289% / 4h	2h 42m	$3K	$1K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against GRVT. 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 GRVTbpFee OrderlybpOrdersPrice spread, now −0.169%Rate

Funding earned: $100.24
Price spread: −0.169% → 0.000%: −$16.88
Slippage, 4 orders: no order book: not counted
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Orderly: 3 bp × 2 orders: −$6
Net: $68.36
Costs to cover: 0.150%
Break-even: 2.2 days

Slippage unknown: GRVT: live order book, 6 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 GRVT live order book, 6 min ago	2.52 bp	doesn't fit	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	−0.0191%	1h	0.5912	−0.209%	$59K	$114K	3.3x	as long as short
Lighter EDGE	+0.0096%	1h	0.5902	−0.373%	$43K	$19K	3x	as long as short
Bybit EDGEUSDT	+0.0100%	4h	0.5899	−0.422%	$7.1M	$3.3M	25x	as long as short
KuCoin EDGEUSDTM	+0.0100%	4h	0.5912	−0.203%	$2.1M	$2.2M	50x	as long as short
Bitget EDGEUSDT	+0.0100%	4h	0.5912	−0.203%	$4.7M	$1.1M	20x	as long as short
Variational Omni EDGE	+0.0100%	4h	0.5914	−0.169%	$187K	$144K	—	as long as short
GRVT EDGE_USDT_Perplong	+0.0100%	4h	0.5924	long leg	$9K	$2.7M	10x
ApeX Omni EDGEUSDT	+0.0100%	1h	0.5926	+0.034%	$9K	$302K	50x	as long as short
SunX EDGE-USDT	+0.0100%	4h	0.5880	−0.743%	$4K	$631K	10x	as long as short
Aster EDGEUSDT	+0.0360%	4h	0.5911	−0.223%	$52K	$155K	5x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin EDGE-USDT	+0.0426%	4h	0.5912	−0.203%	$654K	$103K	50x	as long as short
Binance EDGEUSDT	+0.0450%	4h	0.5910	−0.236%	$10.1M	$10.5M	50x	as long as short
OKX EDGE-USDT-SWAP	+0.0455%	4h	0.5905	−0.321%	$3.7M	$5.8M	20x	as long as short
Extended EDGE-USD	+0.0456%	1h	0.5905	−0.320%	$27K	$86K	5x	as long as short
MEXC EDGE_USDT	+0.0458%	4h	0.5907	−0.287%	$1.0M	$813K	50x	as long as short
edgeX EDGEUSDC	+0.0516%	4h	0.5937	+0.220%	$14.2M	$3.7M	30x	as long as short
Orderly PERP_EDGE_USDCshort	+0.0577%	4h	0.5914	−0.169%	$3K	$1K	10x