EDGE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0423%/8h= +46.3% APRnext payment +$2.11 per $10,000 · paid last 24h +0.012%

Price spread now: OKX against Variational Omni+0.622%7-day average +0.069% · you sell dearer than you buy

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

Long on Variational Omni Short on OKX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.033%+$3 on $10k

Price spread, last 3 days (all we have)−0.607%−$61 · spread now +0.622%, 7d avg +0.069%

Together, before fees−0.574%+ Points / potential airdropVariational Omni: Active · farm board−$57 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 OKX is 0.553% dearer against Variational Omni than usual: you sell high and buy low: +$55 more if the spread goes back to its 7-day average of +0.069%.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.033% in total (about 3.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.11 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	0.5825	0.0100	pay 0.0050% / 4h	1h 23m	$189K	$130K	—
Short	OKX EDGE-USDT-SWAP	0.5861	0.0523	get 0.0261% / 4h	1h 23m	$3.6M	$5.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Variational Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Variational OmnibpFee OKXbpOrdersPrice spread, now +0.622%Rate

Funding earned: $88.75
Price spread: +0.622% → +0.069%: $55.29
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee OKX: 5 bp × 2 orders: −$10
Net: $134.04
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Variational Omni: RFQ quote, 61 min ago; OKX: 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 Variational Omni RFQ quote, 61 min ago	9.38 bp	doesn't fit	449.5 bp −$4,495	doesn't fit	doesn't fit
Sell OKX live order book, 4 min ago	3.43 bp	29.3 bp −$29	143.6 bp −$1,436	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
Lighter EDGE	+0.0096%	1h	0.5840	+0.255%	$54K	$8K	3x	as long as short
Bybit EDGEUSDT	+0.0100%	4h	0.5851	+0.450%	$6.9M	$3.3M	25x	as long as short
Bitget EDGEUSDT	+0.0100%	4h	0.5855	+0.519%	$4.7M	$1.0M	20x	as long as short
Backpack EDGE_USDC_PERP	+0.0100%	1h	0.5859	+0.586%	$59K	$100K	3.3x	as long as short
Variational Omni EDGElong	+0.0100%	4h	0.5825	long leg	$189K	$130K	—
GRVT EDGE_USDT_Perp	+0.0100%	4h	0.5838	+0.220%	$12K	$1.8M	10x	as long as short
ApeX Omni EDGEUSDT	+0.0100%	1h	0.5846	+0.364%	$8K	$294K	50x	as long as short
SunX EDGE-USDT	+0.0100%	4h	0.5798	−0.460%	$4K	$608K	10x	as long as short
KuCoin EDGEUSDTM	+0.0168%	4h	0.5857	+0.553%	$2.1M	$2.3M	50x	as long as short
Extended EDGE-USD	+0.0448%	1h	0.5854	+0.508%	$27K	$230K	5x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC EDGE_USDT	+0.0450%	4h	0.5858	+0.570%	$1.2M	$920K	50x	as long as short
Binance EDGEUSDT	+0.0457%	4h	0.5857	+0.548%	$9.9M	$10.1M	50x	as long as short
BloFin EDGE-USDT	+0.0468%	4h	0.5843	+0.313%	$634K	$124K	50x	as long as short
Aster EDGEUSDT	+0.0469%	4h	0.5866	+0.706%	$67K	$136K	5x	as long as short
edgeX EDGEUSDC	+0.0514%	4h	0.5834	+0.156%	$13.9M	$3.4M	30x	as long as short
OKX EDGE-USDT-SWAPshort	+0.0523%	4h	0.5861	+0.622%	$3.6M	$5.8M	20x
Orderly PERP_EDGE_USDC	+0.0556%	4h	0.5860	+0.605%	$3K	—	10x	as long as short