EDGE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0067%/8h= +7.4% APRnext payment +$0.34 per $10,000 · paid last 24h +0.014%

Price spread now: edgeX against SunX−4.085%74s7-day average −0.291% · you buy dearer than you sell

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

Long on SunX Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.057%+$6 on $10k

Price spread, last 3 days (all we have)+3.618%+$362 · spread now −4.085%, 7d avg −0.291%

Together, before fees+3.675%+ Points / potential airdropedgeX: Active · farm board+$367 on $10k · with fees, hour by hour

Funding pays, the price is against you. edgeX is 3.794% cheaper against SunX than usual: you would sell low and buy high (spread −4.085% now, against its 7-day average of −0.291%). If the spread goes back, that is −$379 on $10k: about 6 months of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.057% in total) that is about 16 months. The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX EDGE-USDT	0.6097	0.0100	pay 0.0050% / 4h	2h 56m	$4K	$597K	10x
Short	edgeX EDGEUSDC	0.5848	0.0167	get 0.0084% / 4h	2h 56m	$14.0M	$3.4M	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now −4.085%Rate

Funding earned: $14.16
Price spread: −4.085% → −0.291%: −$379.4
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$382.24
Costs to cover: 0.170%
Break-even: 196.0 days

Slippage unknown: SunX: live order book, 25 min ago; edgeX: live order book, 3 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, 25 min ago	501.45 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell edgeX live order book, 3 min ago	7.67 bp	45.7 bp −$46	158.7 bp −$1,587	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	−0.0313%	1h	0.5831	−4.361%	$59K	$100K	3.3x	as long as short
Lighter EDGE	+0.0096%	1h	0.5812	−4.674%	$54K	$9K	3x	as long as short
Bybit EDGEUSDT	+0.0100%	4h	0.5823	−4.494%	$6.9M	$3.3M	25x	as long as short
KuCoin EDGEUSDTM	+0.0100%	4h	0.5826	−4.445%	$2.1M	$2.3M	50x	as long as short
Bitget EDGEUSDT	+0.0100%	4h	0.5822	−4.510%	$4.6M	$986K	20x	as long as short
Variational Omni EDGE	+0.0100%	4h	0.5835	−4.304%	$190K	$130K	—	as long as short
GRVT EDGE_USDT_Perp	+0.0100%	4h	0.5853	−4.009%	$12K	$1.7M	10x	as long as short
ApeX Omni EDGEUSDT	+0.0100%	1h	0.5859	−3.904%	$1K	$292K	50x	as long as short
SunX EDGE-USDTlong	+0.0100%	4h	0.6097	long leg	$4K	$597K	10x
edgeX EDGEUSDCshort	+0.0167%	4h	0.5848	−4.085%	$14.0M	$3.4M	30x

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster EDGEUSDT	+0.0181%	4h	0.5839	−4.230%	$67K	$134K	5x	as long as short
OKX EDGE-USDT-SWAP	+0.0188%	4h	0.5827	−4.428%	$3.5M	$5.7M	20x	as long as short
MEXC EDGE_USDT	+0.0192%	4h	0.5827	−4.428%	$1.2M	$918K	50x	as long as short
Binance EDGEUSDT	+0.0206%	4h	0.5828	−4.416%	$9.9M	$10.0M	50x	as long as short
Extended EDGE-USD	+0.0208%	1h	0.5824	−4.480%	$26K	$230K	5x	as long as short
BloFin EDGE-USDT	+0.0212%	4h	0.5833	−4.330%	$631K	$125K	50x	as long as short
Orderly PERP_EDGE_USDC	+0.0366%	4h	0.5826	−4.445%	$3K	—	10x	as long as short