Funding you earn now, next payment 01:00 UTC+0.0518%/8h= +56.7% APRpaid last 24h +0.080%
Price spread now: Binance against Lighter+0.207%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.257%+$26 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and Binance is 0.207% dearer against Lighter than usual: you sell high and buy low: +$21 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.257% in total (about 13.4% a year). A funding rate is set anew for every payment. 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 | Lighter EDGE | 0.5932 | 0.0096 | pay 0.0012% / 1h | 42m 49s | $49K | $14K | 3x |
| Short | Binance EDGEUSDT | 0.5944 | 0.0614 | get 0.0307% / 4h | 3h 42m | $10.1M | $10.1M | 50x |
Lighter EDGE
Binance EDGEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Lighter. 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
- $108.82
- Price spread: +0.207% → 0.000%
- $20.74
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $119.55
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Lighter: no order-book sample; Binance: live order book, 12 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 Lighter no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 12 min ago | 0.84 bp | 30.6 bp −$31 | 170.2 bp −$1,702 | doesn't fit | doesn't fit |
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 | −0.0182% | 1h | 0.5941 | +0.155% | $56K | $101K | 3.3x | as long as short |
| Lighter EDGElong | +0.0096% | 1h | 0.5932 | long leg | $49K | $14K | 3x | |
| Bybit EDGEUSDT | +0.0100% | 4h | 0.5936 | +0.072% | $7.0M | $3.3M | 25x | as long as short |
| KuCoin EDGEUSDTM | +0.0100% | 4h | 0.5945 | +0.224% | $2.1M | $2.2M | 50x | as long as short |
| Bitget EDGEUSDT | +0.0100% | 4h | 0.5938 | +0.106% | $4.8M | $1.0M | 20x | as long as short |
| Variational Omni EDGE | +0.0100% | 4h | 0.5941 | +0.150% | $190K | $127K | — | as long as short |
| GRVT EDGE_USDT_Perp | +0.0100% | 4h | 0.5955 | +0.390% | $5K | $1.9M | 10x | as long as short |
| ApeX Omni EDGEUSDT | +0.0100% | 1h | 0.5958 | +0.443% | $9K | $290K | 50x | as long as short |
| SunX EDGE-USDT | +0.0100% | 4h | 0.5898 | −0.568% | $3K | $613K | 10x | as long as short |
| Aster EDGEUSDT | +0.0590% | 4h | 0.5944 | +0.207% | $68K | $133K | 5x | as long as short |
Backpack EDGE_USDC_PERP
Bybit EDGEUSDT
KuCoin EDGEUSDTM
Bitget EDGEUSDT
Variational Omni EDGE
GRVT EDGE_USDT_Perp
ApeX Omni EDGEUSDT
SunX EDGE-USDT
Aster EDGEUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX EDGE-USDT-SWAP | +0.0594% | 4h | 0.5945 | +0.224% | $3.7M | $5.8M | 20x | as long as short |
| MEXC EDGE_USDT | +0.0614% | 4h | 0.5947 | +0.258% | $1.2M | $912K | 50x | as long as short |
| Binance EDGEUSDTshort | +0.0614% | 4h | 0.5944 | +0.207% | $10.1M | $10.1M | 50x | |
| Extended EDGE-USD | +0.0616% | 1h | 0.5942 | +0.169% | $27K | $224K | 5x | as long as short |
| edgeX EDGEUSDC | +0.0620% | 4h | 0.5955 | +0.386% | $14.2M | $3.5M | 30x | as long as short |
| BloFin EDGE-USDT | +0.0635% | 4h | 0.5940 | +0.140% | $643K | $95K | 50x | as long as short |
| Orderly PERP_EDGE_USDC | +0.0776% | 4h | 0.5944 | +0.207% | $3K | — | 10x | as long as short |
OKX EDGE-USDT-SWAP
MEXC EDGE_USDT
Extended EDGE-USD
edgeX EDGEUSDC
BloFin EDGE-USDT
Orderly PERP_EDGE_USDC