Funding you earn now, next payment 03:00 UTC−0.0387%/8h= −42.4% APRpaid last 24h −0.080%
Price spread now: Lighter against Binance−0.389%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.257%−$26 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Lighter is 0.389% cheaper against Binance than usual: you would sell low and buy high (−$39 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.257% in total (about -13.4% a year). A funding rate is set anew for every payment. 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 | Binance EDGEUSDT | 0.5943 | 0.0483 | pay 0.0242% / 4h | 1h 57m | $10.2M | $10.4M | 50x |
| Short | Lighter EDGE | 0.5920 | 0.0096 | get 0.0012% / 1h | 57m 01s | $43K | $19K | 3x |
Binance EDGEUSDT
Lighter EDGEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Binance. 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
- −$81.29
- Price spread: −0.389% → 0.000%
- −$38.87
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$130.16
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 13 min ago; Lighter: 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 Binance live order book, 13 min ago | 0.85 bp | 26.3 bp −$26 | 248.3 bp −$2,483 | doesn't fit | doesn't fit |
| Sell Lighter no order-book sample | — | — | — | — | — |
Lighter: 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 16 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 EDGEshort | +0.0096% | 1h | 0.5920 | −0.389% | $43K | $19K | 3x | |
| Bybit EDGEUSDT | +0.0100% | 4h | 0.5930 | −0.219% | $7.1M | $3.4M | 25x | as long as short |
| KuCoin EDGEUSDTM | +0.0100% | 4h | 0.5922 | −0.353% | $2.1M | $2.2M | 50x | as long as short |
| Bitget EDGEUSDT | +0.0100% | 4h | 0.5923 | −0.337% | $4.7M | $1.1M | 20x | as long as short |
| Backpack EDGE_USDC_PERP | +0.0100% | 1h | 0.5933 | −0.163% | $58K | $104K | 3.3x | as long as short |
| Variational Omni EDGE | +0.0100% | 4h | 0.5898 | −0.749% | $192K | $131K | — | as long as short |
| GRVT EDGE_USDT_Perp | +0.0100% | 4h | 0.5912 | −0.522% | $8K | $2.0M | 10x | as long as short |
| ApeX Omni EDGEUSDT | +0.0100% | 1h | 0.5908 | −0.589% | $9K | $304K | 50x | as long as short |
| SunX EDGE-USDT | +0.0100% | 4h | 0.5883 | −1.010% | $3K | $618K | 10x | as long as short |
| edgeX EDGEUSDC | +0.0457% | 4h | 0.5908 | −0.591% | $14.1M | $3.6M | 30x | as long as short |
Bybit EDGEUSDT
KuCoin EDGEUSDTM
Bitget EDGEUSDT
Backpack EDGE_USDC_PERP
Variational Omni EDGE
GRVT EDGE_USDT_Perp
ApeX Omni EDGEUSDT
SunX EDGE-USDT
edgeX EDGEUSDCShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX EDGE-USDT-SWAP | +0.0474% | 4h | 0.5947 | +0.067% | $3.7M | $5.8M | 20x | as long as short |
| Extended EDGE-USD | +0.0480% | 1h | 0.5942 | −0.023% | $27K | $195K | 5x | as long as short |
| Binance EDGEUSDTlong | +0.0483% | 4h | 0.5943 | long leg | $10.2M | $10.4M | 50x | |
| MEXC EDGE_USDT | +0.0486% | 4h | 0.5925 | −0.303% | $1.1M | $899K | 50x | as long as short |
| Aster EDGEUSDT | +0.0490% | 4h | 0.5922 | −0.345% | $68K | $132K | 5x | as long as short |
| Orderly PERP_EDGE_USDC | +0.0695% | 4h | 0.5920 | −0.387% | $3K | — | 10x | as long as short |
OKX EDGE-USDT-SWAP
Extended EDGE-USD
MEXC EDGE_USDT
Aster EDGEUSDT
Orderly PERP_EDGE_USDC