PEARL

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	edgeXPEARLUSDC	1.9172	+0.0068	pay 0.0034% / 4h	3h 04m	$8K	$198K	5x	Long edgeX
SHORT	AsterPEARLUSDT	1.9024	+0.0100	get 0.0013% / 1h	4m 43s	$167K	$210K	5x	Short Aster≤10% back

Price gap−0.771%59s

Funding gap+0.0032% /8h

Funding pays +$1 a day on $10k, but the gap is 0.416% under its 7d average: −$42 if it goes back, about 43 days of funding. At the last 7 days' pace that is about 14 hours.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding+$259+0.0032% /8h now · paid +2.587% over the last 4 days (all we have)

Price—spread −0.771%59s now · prices read too far apart to compare

Costs−$8828.821% of $10k · taker + slippage, in and out

Result—+ Points / potential airdropedgeX: points · Aster: Stage 5 · farm boardneeds both prices read together

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now−0.771%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

PEARL on 3 exchanges

lowest funding first

Before you open

2 ok · 4 to watch

Watch: Thin at this size62.6 / 375.8 bp
At $10k entering Aster costs 375.8 bp, fee and slippage, 6.0× edgeX’s.
Note: Margin at max leverage$2,000 + $2,000
edgeX 5x, Aster 5x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ4h / 1h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: +$0.96Long edgeX: 6 payments, −$2.04; short Aster: 24 payments, +$3.00.
Watch: Prices read 59 s apart−0.771% vs −0.355%
Part of this gap may be the market moving.
Watch: Long leg is thinner$8K vs $167K OI
edgeX sets your exit cost. Check its book before closing.
OK: Points on a legedgeX points · Aster Stage 5
Volume here counts toward the points program.
OK: No KYC on either legedgeX No · Aster No
Both exchanges let you trade without ID.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.2437%/8h × 21 periods+$511.82

Price spreadprices read too far apart to compare—

Slippage, 4 orderslive order books−$865.08

Fee edgeX bp × 2 orders−$9.00

Fee Aster bp × 2 orders−$8.00

Net · 7 days · $10k−$370.26

price spread not counted: prices read too far apart

Costs to cover8.821%Break-even12.1 days

Slippage: edgeX: live order book, 37 min ago; Aster: live order book, 36 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGedgeX33.1862.6 bp−$63doesn’t fitdoesn’t fitdoesn’t fit

SELL · SHORTAster29.08375.8 bp−$376doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

PEARL news

posts that mention PEARL, from every exchangeSearch all news →

10-22 10:09	edgeX	Listing	new market PEARLUSDC ($PEARL) seen by our collector
10-22 10:08	edgeX	Listing	New Crypto Perp Listings on edgeX $PEARL Layer 1 blockchain where mining is a by-product of useful AI computation. $AXIS Self-improving data engine for Physical AI. Your next Mystery Box starts with a trade @edgeX_exchange on X ↗
10-16 16:58	Extended	Listing	Now available to trade: $PEARL (Pearl Research) with up to 5x leverage @extendedapp on X ↗
10-16 16:55	Extended	Listing	new market PEARL-USD ($PEARL) seen by our collector
10-14 18:32	Entropy	Other	2/ PEARL is currently an illiquid asset. We have applied pre-listing methodologies to the current listing, and will transition to a standard crypto perp when more liquid venues exist. More on our exact methodology can be found in our Docs. @entropyIO on X ↗
10-14 18:32	Entropy	Listing	1/ We are excited to list PEARL, and are extremely aligned with our friends @prlnet in their mission to make the frontier of inference more useful and efficient. @entropyIO on X ↗