Funding you earn now, next payment 00:00 UTC−0.0584%/8h= −63.9% APRpaid last 24h −0.013%
Price spread now: Lighter against OKX−0.280%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.065%−$7 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 against this trade now: funding costs −$18 a day on $10k at the current rate, and Lighter is 0.280% cheaper against OKX than usual: you would sell low and buy high (−$28 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.065% in total (about -3.4% 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 | OKX EDGE-USDT-SWAP | 0.5969 | 0.0680 | pay 0.0340% / 4h | 2m 56s | $3.7M | $5.9M | 20x |
| Short | Lighter EDGE | 0.5952 | 0.0096 | get 0.0012% / 1h | 2m 56s | $53K | $11K | 3x |
OKX EDGE-USDT-SWAP
Lighter EDGEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against OKX. 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
- −$122.56
- Price spread: −0.280% → 0.000%
- −$27.98
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$160.54
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: OKX: live order book, 5 min ago; Lighter: 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 OKX live order book, 5 min ago | 1.68 bp | 22.8 bp −$23 | 151.1 bp −$1,511 | doesn't fit | doesn't fit |
| Sell Lighter no order-book sample | — | — | — | — | — |
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 | +0.0096% | 1h | 0.5964 | −0.089% | $58K | $101K | 3.3x | as long as short |
| Lighter EDGEshort | +0.0096% | 1h | 0.5952 | −0.280% | $53K | $11K | 3x | |
| Bybit EDGEUSDT | +0.0100% | 4h | 0.5954 | −0.251% | $7.0M | $3.3M | 25x | as long as short |
| Bitget EDGEUSDT | +0.0100% | 4h | 0.5962 | −0.117% | $4.7M | $1.0M | 20x | as long as short |
| Variational Omni EDGE | +0.0100% | 4h | 0.5941 | −0.466% | $190K | $133K | — | as long as short |
| GRVT EDGE_USDT_Perp | +0.0100% | 4h | 0.5968 | −0.016% | $8K | $1.8M | 10x | as long as short |
| ApeX Omni EDGEUSDT | +0.0100% | 1h | 0.5976 | +0.117% | $9K | $289K | 50x | as long as short |
| SunX EDGE-USDT | +0.0100% | 4h | 0.5925 | −0.737% | $4K | $614K | 10x | as long as short |
| KuCoin EDGEUSDTM | +0.0168% | 4h | 0.5968 | −0.017% | $2.1M | $2.2M | 50x | as long as short |
| BloFin EDGE-USDT | +0.0606% | 4h | 0.5977 | +0.134% | $646K | $96K | 50x | as long as short |
Backpack EDGE_USDC_PERP
Bybit EDGEUSDT
Bitget EDGEUSDT
Variational Omni EDGE
GRVT EDGE_USDT_Perp
ApeX Omni EDGEUSDT
SunX EDGE-USDT
KuCoin EDGEUSDTM
BloFin EDGE-USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster EDGEUSDT | +0.0621% | 4h | 0.5971 | +0.034% | $69K | $133K | 5x | as long as short |
| Extended EDGE-USD | +0.0640% | 1h | 0.5965 | −0.061% | $27K | $230K | 5x | as long as short |
| MEXC EDGE_USDT | +0.0640% | 4h | 0.5967 | −0.034% | $1.2M | $917K | 50x | as long as short |
| Binance EDGEUSDT | +0.0641% | 4h | 0.5967 | −0.034% | $10.1M | $10.1M | 50x | as long as short |
| edgeX EDGEUSDC | +0.0680% | 4h | 0.5961 | −0.129% | $14.2M | $3.5M | 30x | as long as short |
| OKX EDGE-USDT-SWAPlong | +0.0680% | 4h | 0.5969 | long leg | $3.7M | $5.9M | 20x | |
| Orderly PERP_EDGE_USDC | +0.0737% | 4h | 0.5969 | 0.000% | $3K | — | 10x | as long as short |
Aster EDGEUSDT
Extended EDGE-USD
MEXC EDGE_USDT
Binance EDGEUSDT
edgeX EDGEUSDC
Orderly PERP_EDGE_USDC