EDGE

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0410%/8h= −44.9% APRnext payment −$2.05 per $10,000 · paid last 24h −0.118%

Price spread now: Variational Omni against BloFin+0.106%56s7-day average −0.141% · you sell dearer than you buy

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

Long on BloFin Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.168%−$17 on $10k

Price spread, last 4 days (all we have)−0.646%−$65 · spread now +0.106%, 7d avg −0.141%

Together, before fees−0.814%+ Points / potential airdropVariational Omni: Active · farm board−$81 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Variational Omni is 0.247% dearer against BloFin than usual: you sell high and buy low (spread +0.106% now, against its 7-day average of −0.141%): +$25 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 2.0 days. At the pace of the last 4 days (−0.168% in total) that is about 5.5 days. The two prices were read 56 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	BloFin EDGE-USDT	0.5931	0.0510	pay 0.0255% / 4h	2h 18m	$671K	$105K	50x
Short	Variational Omni EDGE	0.5937	0.0100	get 0.0050% / 4h	2h 18m	$187K	$140K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against BloFin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

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 BloFinbpFee Variational OmnibpOrdersPrice spread, now +0.106%Rate

Funding earned: −$86.12
Price spread: +0.106% → −0.141%: $24.7
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$73.42
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: BloFin: live order book, 31 min ago; Variational Omni: RFQ quote, 33 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 BloFin live order book, 31 min ago	0.84 bp	27.9 bp −$28	131.6 bp −$1,316	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 33 min ago	6.74 bp	doesn't fit	328.8 bp −$3,288	doesn't fit	doesn't fit

EDGE on 17 exchanges

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	0.5900	−0.528%	$43K	$21K	3x	as long as short
Bybit EDGEUSDT	+0.0100%	4h	0.5905	−0.438%	$7.2M	$3.3M	25x	as long as short
Bitget EDGEUSDT	+0.0100%	4h	0.5912	−0.320%	$4.7M	$1.1M	20x	as long as short
Backpack EDGE_USDC_PERP	+0.0100%	1h	0.5925	−0.094%	$60K	$118K	3.3x	as long as short
Variational Omni EDGEshort	+0.0100%	4h	0.5937	+0.106%	$187K	$140K	—
GRVT EDGE_USDT_Perp	+0.0100%	4h	0.5972	+0.692%	$3K	$3.5M	10x	as long as short
ApeX Omni EDGEUSDT	+0.0100%	1h	0.5944	+0.219%	$9K	$274K	50x	as long as short
SunX EDGE-USDT	+0.0100%	4h	0.5878	−0.894%	$3K	$623K	10x	as long as short
KuCoin EDGEUSDTM	+0.0192%	4h	0.5916	−0.253%	$2.1M	$2.2M	50x	as long as short
OKX EDGE-USDT-SWAP	+0.0395%	4h	0.5914	−0.287%	$3.7M	$5.7M	20x	as long as short

Show all 17 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX EDGEUSDC	+0.0406%	4h	0.5947	+0.275%	$14.4M	$3.8M	30x	as long as short
Aster EDGEUSDT	+0.0451%	4h	0.5917	−0.235%	$59K	$148K	5x	as long as short
BloFin EDGE-USDTlong	+0.0510%	4h	0.5931	long leg	$671K	$105K	50x
Extended EDGE-USD	+0.0552%	1h	0.5913	−0.300%	$29K	$271K	5x	as long as short
MEXC EDGE_USDT	+0.0552%	4h	0.5914	−0.287%	$1.1M	$731K	50x	as long as short
Binance EDGEUSDT	+0.0552%	4h	0.5911	−0.342%	$10.3M	$10.6M	50x	as long as short
Orderly PERP_EDGE_USDC	+0.0677%	4h	0.5911	−0.337%	$2K	$1K	10x	as long as short