Settings8H · net · $10k
Funding arb · Price arb /

EDGE

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0660%/8h= +72.3% APRnext payment +$3.30 per $10,000 · paid last 24h +0.104%
Price spread now: Orderly against SunX+0.619%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and Orderly is 0.619% dearer against SunX than usual: you sell high and buy low: +$62 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX EDGE-USDT0.58130.0100pay 0.0050% / 4h2h 54m$3K$614K10x
ShortOrderly PERP_EDGE_USDC0.58490.0760get 0.0380% / 4h2h 54m$3K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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

Funding earned
$138.69
Price spread: +0.619% → 0.000%
$61.93
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Orderly: 3 bp × 2 orders
−$6
Net
$186.62
Costs to cover
0.140%
Break-even
from the start
Slippage unknown: SunX: live order book, 57 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
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 57 min ago500.88 bpdoesn't fitdoesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack EDGE_USDC_PERP−0.0866%1h0.5850+0.637%$59K$101K3.3xas long as short
Lighter EDGE+0.0096%1h0.5852+0.667%$48K$13K3xas long as short
Bybit EDGEUSDT+0.0100%4h0.5848+0.602%$7.0M$3.4M25xas long as short
KuCoin EDGEUSDTM+0.0100%4h0.5849+0.619%$2.1M$2.2M50xas long as short
Bitget EDGEUSDT+0.0100%4h0.5854+0.705%$4.7M$1.0M20xas long as short
Variational Omni EDGE+0.0100%4h0.5910+1.670%$188K$128Kas long as short
GRVT EDGE_USDT_Perp+0.0100%4h0.5949+2.340%$2K$1.9M10xas long as short
ApeX Omni EDGEUSDT+0.0100%1h0.5950+2.357%$11K$296K50xas long as short
SunX EDGE-USDTlong+0.0100%4h0.5813long leg$3K$614K10x
OKX EDGE-USDT-SWAP+0.0423%4h0.5861+0.826%$3.6M$5.7M20xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX EDGEUSDC+0.0458%4h0.5958+2.487%$14.2M$3.6M30xas long as short
Aster EDGEUSDT+0.0493%4h0.5853+0.683%$67K$132K5xas long as short
BloFin EDGE-USDT+0.0515%4h0.5861+0.826%$643K$96K50xas long as short
Binance EDGEUSDT+0.0529%4h0.5855+0.731%$10.0M$10.4M50xas long as short
MEXC EDGE_USDT+0.0542%4h0.5857+0.757%$1.1M$909K50xas long as short
Extended EDGE-USD+0.0544%1h0.5858+0.776%$27K$194K5xas long as short
Orderly PERP_EDGE_USDCshort+0.0760%4h0.5849+0.619%$3K10x