EDGE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0033%/8h= +3.6% APRnext payment +$0.16 per $10,000 · paid last 24h +0.070%

Price spread now: Orderly against OKX−0.034%7-day average — · you buy dearer than you sell

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

Long on OKX 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—needs both histories

Funding pays, the price is against you. Orderly is 0.034% cheaper against OKX than usual: you would sell low and buy high (spread −0.034% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 3.5 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX EDGE-USDT-SWAP	0.5875	0.0543	pay 0.0272% / 4h	1h 11m	$3.6M	$5.8M	20x
Short	Orderly PERP_EDGE_USDC	0.5873	0.0576	get 0.0288% / 4h	1h 11m	$3K	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against OKX. 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 OKXbpFee OrderlybpOrdersPrice spread, now −0.034%Rate

Funding earned: $6.87
Price spread: −0.034% → 0.000%: −$3.4
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$12.54
Costs to cover: 0.160%
Break-even: 19.8 days

Slippage unknown: OKX: live order book, 1 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 OKX live order book, 1 min ago	2.55 bp	25.4 bp −$25	150.5 bp −$1,505	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
Lighter EDGE	+0.0096%	1h	0.5855	−0.342%	$54K	$8K	3x	as long as short
Bybit EDGEUSDT	+0.0100%	4h	0.5865	−0.170%	$6.9M	$3.3M	25x	as long as short
Bitget EDGEUSDT	+0.0100%	4h	0.5871	−0.068%	$4.7M	$999K	20x	as long as short
Backpack EDGE_USDC_PERP	+0.0100%	1h	0.5870	−0.090%	$60K	$100K	3.3x	as long as short
Variational Omni EDGE	+0.0100%	4h	0.5862	−0.217%	$191K	$130K	—	as long as short
GRVT EDGE_USDT_Perp	+0.0100%	4h	0.5871	−0.063%	$12K	$1.8M	10x	as long as short
ApeX Omni EDGEUSDT	+0.0100%	1h	0.5878	+0.051%	$8K	$294K	50x	as long as short
SunX EDGE-USDT	+0.0100%	4h	0.5828	−0.800%	$3K	$610K	10x	as long as short
KuCoin EDGEUSDTM	+0.0174%	4h	0.5871	−0.068%	$2.1M	$2.3M	50x	as long as short
MEXC EDGE_USDT	+0.0478%	4h	0.5874	−0.017%	$1.2M	$921K	50x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance EDGEUSDT	+0.0479%	4h	0.5873	−0.034%	$10.0M	$10.1M	50x	as long as short
Extended EDGE-USD	+0.0480%	1h	0.5869	−0.106%	$27K	$230K	5x	as long as short
Aster EDGEUSDT	+0.0490%	4h	0.5872	−0.051%	$68K	$136K	5x	as long as short
BloFin EDGE-USDT	+0.0491%	4h	0.5878	+0.051%	$632K	$125K	50x	as long as short
OKX EDGE-USDT-SWAPlong	+0.0543%	4h	0.5875	long leg	$3.6M	$5.8M	20x
edgeX EDGEUSDC	+0.0550%	4h	0.5875	−0.007%	$14.0M	$3.4M	30x	as long as short
Orderly PERP_EDGE_USDCshort	+0.0576%	4h	0.5873	−0.034%	$3K	—	10x