EDGE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0369%/8h= −40.4% APRnext payment −$1.85 per $10,000 · paid last 24h −0.078%

Price spread now: Variational Omni against Binance−0.328%7-day average −0.059% · you buy dearer than you sell

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

Long on Binance Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.135%−$13 on $10k

Price spread, last 4 days (all we have)+0.275%+$27 · spread now −0.328%, 7d avg −0.059%

Together, before fees+0.140%+ Points / potential airdropVariational Omni: Active · farm board+$14 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Variational Omni is 0.269% cheaper against Binance than usual: you would sell low and buy high (−$27 if the spread goes back to its 7-day average of −0.059%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance EDGEUSDT	0.5964	0.0469	pay 0.0235% / 4h	3h 53m	$10.3M	$10.5M	50x
Short	Variational Omni EDGE	0.5944	0.0100	get 0.0050% / 4h	3h 53m	$189K	$136K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Binance. 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 BinancebpFee Variational OmnibpOrdersPrice spread, now −0.328%Rate

Funding earned: −$77.53
Price spread: −0.328% → −0.059%: −$26.91
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$114.45
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 1 min ago; Variational Omni: RFQ quote, 65 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 Binance live order book, 1 min ago	0.84 bp	39.2 bp −$39	196.7 bp −$1,967	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 65 min ago	5.10 bp	doesn't fit	345.0 bp −$3,450	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	0.5950	−0.229%	$43K	$19K	3x	as long as short
Bybit EDGEUSDT	+0.0100%	4h	0.5953	−0.185%	$7.2M	$3.4M	25x	as long as short
KuCoin EDGEUSDTM	+0.0100%	4h	0.5959	−0.085%	$2.1M	$2.2M	50x	as long as short
Bitget EDGEUSDT	+0.0100%	4h	0.5959	−0.085%	$4.7M	$1.1M	20x	as long as short
Backpack EDGE_USDC_PERP	+0.0100%	1h	0.5959	−0.090%	$58K	$110K	3.3x	as long as short
Variational Omni EDGEshort	+0.0100%	4h	0.5944	−0.328%	$189K	$136K	—
ApeX Omni EDGEUSDT	+0.0100%	1h	0.5964	−0.001%	$9K	$305K	50x	as long as short
SunX EDGE-USDT	+0.0100%	4h	0.5929	−0.588%	$4K	$626K	10x	as long as short
GRVT EDGE_USDT_Perp	+0.0148%	4h	0.5965	+0.021%	$8K	$2.5M	10x	as long as short
BloFin EDGE-USDT	+0.0425%	4h	0.5970	+0.100%	$660K	$103K	50x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster EDGEUSDT	+0.0460%	4h	0.5961	−0.051%	$58K	$152K	5x	as long as short
Binance EDGEUSDTlong	+0.0469%	4h	0.5964	long leg	$10.3M	$10.5M	50x
edgeX EDGEUSDC	+0.0470%	4h	0.5962	−0.032%	$14.3M	$3.6M	30x	as long as short
Extended EDGE-USD	+0.0472%	1h	0.5959	−0.079%	$27K	$198K	5x	as long as short
MEXC EDGE_USDT	+0.0472%	4h	0.5965	+0.016%	$1.1M	$862K	50x	as long as short
OKX EDGE-USDT-SWAP	+0.0509%	4h	0.5969	+0.083%	$3.7M	$5.8M	20x	as long as short
Orderly PERP_EDGE_USDC	+0.0569%	4h	0.5961	−0.051%	$3K	$359	10x	as long as short