EDGE

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0439%/8h= +48.0% APRnext payment +$2.19 per $10,000 · paid last 24h +0.079%

Price spread now: Binance against SunX+0.843%7-day average −0.444% · you sell dearer than you buy

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

Long on SunX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.246%+$25 on $10k

Price spread, last 3 days (all we have)−2.428%−$243 · spread now +0.843%, 7d avg −0.444%

Together, before fees−2.182%−$218 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and Binance is 1.286% dearer against SunX than usual: you sell high and buy low: +$129 more if the spread goes back to its 7-day average of −0.444%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.246% in total (about 12.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.19 per $10,000. 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	SunX EDGE-USDT	0.5932	0.0100	pay 0.0050% / 4h	3h 20m	$4K	$615K	10x
Short	Binance EDGEUSDT	0.5982	0.0539	get 0.0269% / 4h	3h 20m	$10.2M	$10.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against SunX. 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 SunXbpFee BinancebpOrdersPrice spread, now +0.843%Rate

Funding earned: $92.1
Price spread: +0.843% → −0.444%: $128.63
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: $202.73
Costs to cover: 0.180%
Break-even: from the start

Slippage unknown: SunX: live order book, 30 min ago; Binance: live order book, 4 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 SunX live order book, 30 min ago	500.88 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 4 min ago	0.84 bp	26.7 bp −$27	167.6 bp −$1,676	doesn't fit	doesn't fit

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	+0.0022%	1h	0.5980	+0.807%	$57K	$101K	3.3x	as long as short
Lighter EDGE	+0.0096%	1h	0.5966	+0.577%	$49K	$14K	3x	as long as short
Bybit EDGEUSDT	+0.0100%	4h	0.5970	+0.641%	$7.1M	$3.3M	25x	as long as short
KuCoin EDGEUSDTM	+0.0100%	4h	0.5976	+0.742%	$2.1M	$2.2M	50x	as long as short
Bitget EDGEUSDT	+0.0100%	4h	0.5979	+0.792%	$4.8M	$1.0M	20x	as long as short
Variational Omni EDGE	+0.0100%	4h	0.5968	+0.599%	$191K	$127K	—	as long as short
GRVT EDGE_USDT_Perp	+0.0100%	4h	0.5985	+0.893%	$333	$1.9M	10x	as long as short
ApeX Omni EDGEUSDT	+0.0100%	1h	0.5997	+1.096%	$9K	$293K	50x	as long as short
SunX EDGE-USDTlong	+0.0100%	4h	0.5932	long leg	$4K	$615K	10x
OKX EDGE-USDT-SWAP	+0.0426%	4h	0.5985	+0.893%	$3.7M	$5.9M	20x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX EDGEUSDC	+0.0444%	4h	0.5981	+0.830%	$14.3M	$3.6M	30x	as long as short
Aster EDGEUSDT	+0.0522%	4h	0.5984	+0.877%	$69K	$133K	5x	as long as short
BloFin EDGE-USDT	+0.0532%	4h	0.5981	+0.826%	$650K	$95K	50x	as long as short
Extended EDGE-USD	+0.0536%	1h	0.5982	+0.845%	$27K	$204K	5x	as long as short
Binance EDGEUSDTshort	+0.0539%	4h	0.5982	+0.843%	$10.2M	$10.2M	50x
MEXC EDGE_USDT	+0.0542%	4h	0.5980	+0.809%	$1.2M	$913K	50x	as long as short
Orderly PERP_EDGE_USDC	+0.0769%	4h	0.5977	+0.759%	$3K	—	10x	as long as short