Funding you earn now, next payment 00:00 UTC+0.0358%/8h= +39.2% APRnext payment +$1.79 per $10,000 · paid last 24h +0.082%
Price spread now: Orderly against Variational Omni+0.081%48s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Orderly is 0.081% dearer against Variational Omni than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 48 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 | Variational Omni EDGE | 0.5862 | 0.0100 | pay 0.0050% / 4h | 2h 13m | $191K | $130K | — |
| Short | Orderly PERP_EDGE_USDC | 0.5867 | 0.0458 | get 0.0229% / 4h | 2h 13m | $3K | — | 10x |
Variational Omni EDGE
Orderly PERP_EDGE_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- $75.09
- Price spread: +0.081% → 0.000%
- $8.13
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $77.21
- Costs to cover
- 0.060%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 10 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Variational Omni RFQ quote, 10 min ago | 9.38 bp | doesn't fit | 449.5 bp −$4,495 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Backpack EDGE_USDC_PERP | −0.0145% | 1h | 0.5870 | +0.131% | $59K | $100K | 3.3x | as long as short |
| Lighter EDGE | +0.0096% | 1h | 0.5855 | −0.129% | $54K | $9K | 3x | as long as short |
| Bybit EDGEUSDT | +0.0100% | 4h | 0.5864 | +0.030% | $7.0M | $3.2M | 25x | as long as short |
| Bitget EDGEUSDT | +0.0100% | 4h | 0.5868 | +0.098% | $4.7M | $990K | 20x | as long as short |
| Variational Omni EDGElong | +0.0100% | 4h | 0.5862 | long leg | $191K | $130K | — | |
| GRVT EDGE_USDT_Perp | +0.0100% | 4h | 0.5876 | +0.236% | $2K | $1.7M | 10x | as long as short |
| ApeX Omni EDGEUSDT | +0.0100% | 1h | 0.5871 | +0.149% | $8K | $295K | 50x | as long as short |
| SunX EDGE-USDT | +0.0100% | 4h | 0.6133 | +4.619% | $4K | $602K | 10x | as long as short |
| KuCoin EDGEUSDTM | +0.0154% | 4h | 0.5867 | +0.081% | $2.1M | $2.3M | 50x | as long as short |
| Aster EDGEUSDT | +0.0387% | 4h | 0.5866 | +0.061% | $67K | $134K | 5x | as long as short |
Backpack EDGE_USDC_PERP
Lighter EDGE
Bybit EDGEUSDT
Bitget EDGEUSDT
GRVT EDGE_USDT_Perp
ApeX Omni EDGEUSDT
SunX EDGE-USDT
KuCoin EDGEUSDTM
Aster EDGEUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin EDGE-USDT | +0.0399% | 4h | 0.5868 | +0.098% | $629K | $126K | 50x | as long as short |
| Extended EDGE-USD | +0.0408% | 1h | 0.5866 | +0.069% | $27K | $230K | 5x | as long as short |
| MEXC EDGE_USDT | +0.0410% | 4h | 0.5872 | +0.167% | $1.2M | $930K | 50x | as long as short |
| Binance EDGEUSDT | +0.0411% | 4h | 0.5873 | +0.183% | $10.0M | $10.0M | 50x | as long as short |
| OKX EDGE-USDT-SWAP | +0.0423% | 4h | 0.5872 | +0.167% | $3.6M | $5.7M | 20x | as long as short |
| edgeX EDGEUSDC | +0.0427% | 4h | 0.5868 | +0.092% | $14.0M | $3.4M | 30x | as long as short |
| Orderly PERP_EDGE_USDCshort | +0.0458% | 4h | 0.5867 | +0.081% | $3K | — | 10x |
BloFin EDGE-USDT
Extended EDGE-USD
MEXC EDGE_USDT
Binance EDGEUSDT
OKX EDGE-USDT-SWAP
edgeX EDGEUSDC