EDGE

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0096%/8h= +10.5% APRnext payment +$0.12 per $10,000 · paid last 24h +0.054%

Price spread now: Extended against Lighter+0.223%7-day average — · you sell dearer than you buy

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

Long on Lighter Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.229%+$23 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · Extended: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Extended is 0.223% dearer against Lighter than usual: you sell high and buy low: +$22 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter EDGE	0.5819	0.0096	pay 0.0012% / 1h	48m 34s	$54K	$9K	3x
Short	Extended EDGE-USD	0.5832	0.0192	get 0.0024% / 1h	48m 34s	$26K	$230K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Lighter. 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 LighterbpFee ExtendedbpOrdersPrice spread, now +0.223%Rate

Funding earned: $20.16
Price spread: +0.223% → 0.000%: $22.35
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $37.51
Costs to cover: 0.050%
Break-even: from the start

Slippage unknown: Lighter: no order-book sample; Extended: live order book, 38 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 Extended live order book, 38 min ago	5.52 bp	109.2 bp −$109	doesn't fit	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	−0.0766%	1h	0.5826	+0.112%	$59K	$100K	3.3x	as long as short
Lighter EDGElong	+0.0096%	1h	0.5819	long leg	$54K	$9K	3x
Bybit EDGEUSDT	+0.0100%	4h	0.5823	+0.069%	$6.9M	$3.2M	25x	as long as short
KuCoin EDGEUSDTM	+0.0100%	4h	0.5828	+0.155%	$2.1M	$2.3M	50x	as long as short
Bitget EDGEUSDT	+0.0100%	4h	0.5824	+0.086%	$4.6M	$984K	20x	as long as short
Variational Omni EDGE	+0.0100%	4h	0.5814	−0.094%	$190K	$130K	—	as long as short
GRVT EDGE_USDT_Perp	+0.0100%	4h	0.5826	+0.120%	$6K	$1.7M	10x	as long as short
ApeX Omni EDGEUSDT	+0.0100%	1h	0.5827	+0.137%	$6K	$295K	50x	as long as short
SunX EDGE-USDT	+0.0100%	4h	0.6090	+4.657%	$4K	$599K	10x	as long as short
BloFin EDGE-USDT	+0.0156%	4h	0.5815	−0.069%	$628K	$124K	50x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX EDGE-USDT-SWAP	+0.0158%	4h	0.5835	+0.275%	$3.6M	$5.7M	20x	as long as short
Aster EDGEUSDT	+0.0165%	4h	0.5834	+0.251%	$67K	$134K	5x	as long as short
edgeX EDGEUSDC	+0.0178%	4h	0.5827	+0.146%	$13.9M	$3.4M	30x	as long as short
Binance EDGEUSDT	+0.0190%	4h	0.5838	+0.327%	$9.9M	$10.0M	50x	as long as short
Extended EDGE-USDshort	+0.0192%	1h	0.5832	+0.223%	$26K	$230K	5x
MEXC EDGE_USDT	+0.0192%	4h	0.5839	+0.344%	$1.2M	$920K	50x	as long as short
Orderly PERP_EDGE_USDC	+0.0359%	4h	0.5824	+0.086%	$3K	—	10x	as long as short