Funding you earn now, next payment 07:00 UTC−0.0387%/8h= −42.3% APRpaid last 24h −0.104%
Price spread now: Lighter against BloFin−0.245%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−0.260%−$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 0.245% cheaper against BloFin than usual: you would sell low and buy high (−$24 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 -0.260% in total (about -13.6% 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 | BloFin EDGE-USDT | 0.6006 | 0.0483 | pay 0.0241% / 4h | 1h 47m | $670K | $104K | 50x |
| Short | Lighter EDGE | 0.5991 | 0.0096 | get 0.0012% / 1h | 47m 13s | $44K | $22K | 3x |
BloFin EDGE-USDT
Lighter EDGEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against BloFin. 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
- −$81.22
- Price spread: −0.245% → 0.000%
- −$24.48
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$117.69
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 39 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 BloFin live order book, 39 min ago | 9.29 bp | 25.9 bp −$26 | 139.9 bp −$1,399 | 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 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 | −0.0317% | 1h | 0.6003 | −0.052% | $59K | $120K | 3.3x | as long as short |
| Lighter EDGEshort | +0.0096% | 1h | 0.5991 | −0.245% | $44K | $22K | 3x | |
| Bybit EDGEUSDT | +0.0100% | 4h | 0.5995 | −0.183% | $7.2M | $3.4M | 25x | as long as short |
| KuCoin EDGEUSDTM | +0.0100% | 4h | 0.6008 | +0.033% | $2.1M | $2.2M | 50x | as long as short |
| Bitget EDGEUSDT | +0.0100% | 4h | 0.6005 | −0.017% | $4.8M | $1.1M | 20x | as long as short |
| Variational Omni EDGE | +0.0100% | 4h | 0.5999 | −0.125% | $189K | $144K | — | as long as short |
| GRVT EDGE_USDT_Perp | +0.0100% | 4h | 0.6004 | −0.031% | $247 | $2.9M | 10x | as long as short |
| ApeX Omni EDGEUSDT | +0.0100% | 1h | 0.6039 | +0.549% | $9K | $295K | 50x | as long as short |
| SunX EDGE-USDT | +0.0100% | 4h | 0.5955 | −0.849% | $4K | $641K | 10x | as long as short |
| Aster EDGEUSDT | +0.0361% | 4h | 0.6007 | +0.017% | $53K | $156K | 5x | as long as short |
Backpack EDGE_USDC_PERP
Bybit EDGEUSDT
KuCoin EDGEUSDTM
Bitget EDGEUSDT
Variational Omni EDGE
GRVT EDGE_USDT_Perp
ApeX Omni EDGEUSDT
SunX EDGE-USDT
Aster EDGEUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX EDGEUSDC | +0.0479% | 4h | 0.6032 | +0.434% | $14.4M | $3.7M | 30x | as long as short |
| BloFin EDGE-USDTlong | +0.0483% | 4h | 0.6006 | long leg | $670K | $104K | 50x | |
| OKX EDGE-USDT-SWAP | +0.0490% | 4h | 0.5999 | −0.117% | $3.8M | $6.1M | 20x | as long as short |
| MEXC EDGE_USDT | +0.0510% | 4h | 0.5999 | −0.117% | $1.1M | $801K | 50x | as long as short |
| Extended EDGE-USD | +0.0512% | 1h | 0.5997 | −0.144% | $29K | $84K | 5x | as long as short |
| Binance EDGEUSDT | +0.0512% | 4h | 0.6001 | −0.090% | $10.3M | $10.8M | 50x | as long as short |
| Orderly PERP_EDGE_USDC | +0.0631% | 4h | 0.5999 | −0.117% | $2K | $1K | 10x | as long as short |
edgeX EDGEUSDC
OKX EDGE-USDT-SWAP
MEXC EDGE_USDT
Extended EDGE-USD
Binance EDGEUSDT
Orderly PERP_EDGE_USDC