Funding you earn now, next payment 08:00 UTC+0.0382%/8h= +41.8% APRnext payment +$1.91 per $10,000 · paid last 24h +0.055%
Price spread now: edgeX against Variational Omni+0.299%7-day average +0.137% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.077%+$8 on $10k
+Price spread, last 4 days (all we have)−0.207%−$21 · spread now +0.299%, 7d avg +0.137%
=Together, before fees−0.130%+ Points / potential airdropVariational Omni: Active · edgeX: Active · farm board−$13 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and edgeX is 0.162% dearer against Variational Omni than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of +0.137%.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.077% in total (about 7.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.91 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 | Variational Omni EDGE | 0.5901 | 0.0100 | pay 0.0050% / 4h | 2h 39m | $186K | $144K | — |
| Short | edgeX EDGEUSDC | 0.5919 | 0.0482 | get 0.0241% / 4h | 2h 39m | $14.2M | $3.6M | 30x |
Variational Omni EDGE
edgeX EDGEUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Variational Omni. 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
- $80.19
- Price spread: +0.299% → +0.137%
- $16.2
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $87.4
- Costs to cover
- 0.090%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 10 min ago; edgeX: live order book, 5 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 Variational Omni RFQ quote, 10 min ago | 5.89 bp | doesn't fit | 423.5 bp −$4,235 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 5 min ago | 3.37 bp | 23.0 bp −$23 | 108.6 bp −$1,086 | 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 | −0.0284% | 1h | 0.5918 | +0.291% | $59K | $115K | 3.3x | as long as short |
| Lighter EDGE | +0.0096% | 1h | 0.5908 | +0.118% | $43K | $19K | 3x | as long as short |
| Bybit EDGEUSDT | +0.0100% | 4h | 0.5902 | +0.017% | $7.1M | $3.3M | 25x | as long as short |
| KuCoin EDGEUSDTM | +0.0100% | 4h | 0.5906 | +0.084% | $2.1M | $2.2M | 50x | as long as short |
| Bitget EDGEUSDT | +0.0100% | 4h | 0.5911 | +0.169% | $4.7M | $1.1M | 20x | as long as short |
| Variational Omni EDGElong | +0.0100% | 4h | 0.5901 | long leg | $186K | $144K | — | |
| GRVT EDGE_USDT_Perp | +0.0100% | 4h | 0.5910 | +0.156% | $8K | $2.7M | 10x | as long as short |
| ApeX Omni EDGEUSDT | +0.0100% | 1h | 0.5908 | +0.118% | $9K | $301K | 50x | as long as short |
| SunX EDGE-USDT | +0.0100% | 4h | 0.5876 | −0.424% | $4K | $632K | 10x | as long as short |
| Aster EDGEUSDT | +0.0336% | 4h | 0.5908 | +0.125% | $52K | $155K | 5x | as long as short |
Backpack EDGE_USDC_PERP
Lighter EDGE
Bybit EDGEUSDT
KuCoin EDGEUSDTM
Bitget EDGEUSDT
GRVT EDGE_USDT_Perp
ApeX Omni EDGEUSDT
SunX EDGE-USDT
Aster EDGEUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX EDGE-USDT-SWAP | +0.0430% | 4h | 0.5911 | +0.169% | $3.7M | $5.8M | 20x | as long as short |
| Binance EDGEUSDT | +0.0431% | 4h | 0.5914 | +0.216% | $10.1M | $10.6M | 50x | as long as short |
| Extended EDGE-USD | +0.0432% | 1h | 0.5909 | +0.135% | $27K | $86K | 5x | as long as short |
| MEXC EDGE_USDT | +0.0438% | 4h | 0.5910 | +0.152% | $1.0M | $813K | 50x | as long as short |
| edgeX EDGEUSDCshort | +0.0482% | 4h | 0.5919 | +0.299% | $14.2M | $3.6M | 30x | |
| BloFin EDGE-USDT | +0.0485% | 4h | 0.5915 | +0.237% | $659K | $103K | 50x | as long as short |
| Orderly PERP_EDGE_USDC | +0.0579% | 4h | 0.5911 | +0.169% | $3K | $1K | 10x | as long as short |
OKX EDGE-USDT-SWAP
Binance EDGEUSDT
Extended EDGE-USD
MEXC EDGE_USDT
BloFin EDGE-USDT
Orderly PERP_EDGE_USDC