Funding you earn now, next payment 02:00 UTC+0.0383%/8h= +42.0% APRpaid last 24h +0.042%
Price spread now: edgeX against Lighter+0.296%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+0.097%+$10 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · edgeX: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and edgeX is 0.296% dearer against Lighter than usual: you sell high and buy low: +$30 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 0.097% in total (about 5.1% 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 | 0.5909 | 0.0096 | pay 0.0012% / 1h | 28m 54s | $44K | $18K | 3x |
| Short | edgeX EDGEUSDC | 0.5927 | 0.0479 | get 0.0240% / 4h | 2h 28m | $14.2M | $3.6M | 30x |
Lighter EDGE
edgeX EDGEUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $80.47
- Price spread: +0.296% → 0.000%
- $29.63
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $101.1
- Costs to cover
- 0.090%
- Break-even
- from the start
Slippage unknown: Lighter: no order-book sample; edgeX: live order book, 5 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 edgeX live order book, 5 min ago | 12.64 bp | 53.7 bp −$54 | 170.0 bp −$1,700 | 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 16 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 EDGElong | +0.0096% | 1h | 0.5909 | long leg | $44K | $18K | 3x | |
| Bybit EDGEUSDT | +0.0100% | 4h | 0.5917 | +0.130% | $7.1M | $3.4M | 25x | as long as short |
| KuCoin EDGEUSDTM | +0.0100% | 4h | 0.5923 | +0.232% | $2.1M | $2.2M | 50x | as long as short |
| Bitget EDGEUSDT | +0.0100% | 4h | 0.5921 | +0.198% | $4.7M | $1.1M | 20x | as long as short |
| Backpack EDGE_USDC_PERP | +0.0100% | 1h | 0.5923 | +0.232% | $58K | $105K | 3.3x | as long as short |
| Variational Omni EDGE | +0.0100% | 4h | 0.5915 | +0.089% | $193K | $128K | — | as long as short |
| GRVT EDGE_USDT_Perp | +0.0100% | 4h | 0.5910 | +0.013% | $11K | $2.0M | 10x | as long as short |
| ApeX Omni EDGEUSDT | +0.0100% | 1h | 0.5927 | +0.300% | $9K | $304K | 50x | as long as short |
| SunX EDGE-USDT | +0.0100% | 4h | 0.5906 | −0.056% | $4K | $621K | 10x | as long as short |
| edgeX EDGEUSDCshort | +0.0479% | 4h | 0.5927 | +0.296% | $14.2M | $3.6M | 30x |
Bybit EDGEUSDT
KuCoin EDGEUSDTM
Bitget EDGEUSDT
Backpack EDGE_USDC_PERP
Variational Omni EDGE
GRVT EDGE_USDT_Perp
ApeX Omni EDGEUSDT
SunX EDGE-USDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX EDGE-USDT-SWAP | +0.0506% | 4h | 0.5929 | +0.333% | $3.7M | $5.8M | 20x | as long as short |
| MEXC EDGE_USDT | +0.0518% | 4h | 0.5922 | +0.215% | $1.1M | $911K | 50x | as long as short |
| Aster EDGEUSDT | +0.0523% | 4h | 0.5925 | +0.273% | $68K | $132K | 5x | as long as short |
| Binance EDGEUSDT | +0.0526% | 4h | 0.5922 | +0.215% | $10.1M | $10.4M | 50x | as long as short |
| Extended EDGE-USD | +0.0528% | 1h | 0.5921 | +0.205% | $27K | $194K | 5x | as long as short |
| Orderly PERP_EDGE_USDC | +0.0741% | 4h | 0.5920 | +0.181% | $3K | — | 10x | as long as short |
OKX EDGE-USDT-SWAP
MEXC EDGE_USDT
Aster EDGEUSDT
Binance EDGEUSDT
Extended EDGE-USD
Orderly PERP_EDGE_USDC