Funding you earn now, next payment 06:00 UTC−0.0358%/8h= −39.2% APRpaid last 24h −0.056%
Price spread now: Lighter against edgeX−0.718%109s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.109%−$11 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropedgeX: Active · Lighter: Season 3 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Lighter is 0.718% cheaper against edgeX than usual: you would sell low and buy high (−$72 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 109 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.109% in total (about -5.7% 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 | edgeX EDGEUSDC | 0.5934 | 0.0454 | pay 0.0227% / 4h | 2h 29m | $14.2M | $3.6M | 30x |
| Short | Lighter EDGE | 0.5891 | 0.0096 | get 0.0012% / 1h | 29m 40s | $43K | $19K | 3x |
edgeX EDGEUSDC
Lighter EDGEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against edgeX. 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
- −$75.08
- Price spread: −0.718% → 0.000%
- −$71.81
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$155.89
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: edgeX: live order book, 4 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 edgeX live order book, 4 min ago | 5.03 bp | 17.8 bp −$18 | 108.4 bp −$1,084 | 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 | −0.0181% | 1h | 0.5896 | −0.644% | $58K | $117K | 3.3x | as long as short |
| Lighter EDGEshort | +0.0096% | 1h | 0.5891 | −0.718% | $43K | $19K | 3x | |
| Bybit EDGEUSDT | +0.0100% | 4h | 0.5893 | −0.689% | $7.1M | $3.3M | 25x | as long as short |
| KuCoin EDGEUSDTM | +0.0100% | 4h | 0.5903 | −0.521% | $2.1M | $2.2M | 50x | as long as short |
| Bitget EDGEUSDT | +0.0100% | 4h | 0.5901 | −0.555% | $4.7M | $1.1M | 20x | as long as short |
| Variational Omni EDGE | +0.0100% | 4h | 0.5894 | −0.671% | $186K | $144K | — | as long as short |
| GRVT EDGE_USDT_Perp | +0.0100% | 4h | 0.5904 | −0.510% | $6K | $2.8M | 10x | as long as short |
| ApeX Omni EDGEUSDT | +0.0100% | 1h | 0.5904 | −0.504% | $9K | $300K | 50x | as long as short |
| SunX EDGE-USDT | +0.0100% | 4h | 0.5864 | −1.178% | $4K | $633K | 10x | as long as short |
| Aster EDGEUSDT | +0.0338% | 4h | 0.5903 | −0.526% | $52K | $155K | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin EDGE-USDT | +0.0397% | 4h | 0.5910 | −0.403% | $651K | $102K | 50x | as long as short |
| OKX EDGE-USDT-SWAP | +0.0436% | 4h | 0.5917 | −0.285% | $3.7M | $5.9M | 20x | as long as short |
| Binance EDGEUSDT | +0.0446% | 4h | 0.5905 | −0.487% | $10.1M | $10.6M | 50x | as long as short |
| MEXC EDGE_USDT | +0.0446% | 4h | 0.5903 | −0.521% | $1.1M | $822K | 50x | as long as short |
| Extended EDGE-USD | +0.0448% | 1h | 0.5898 | −0.607% | $27K | $86K | 5x | as long as short |
| edgeX EDGEUSDClong | +0.0454% | 4h | 0.5934 | long leg | $14.2M | $3.6M | 30x | |
| Orderly PERP_EDGE_USDC | +0.0583% | 4h | 0.5901 | −0.555% | $3K | $1K | 10x | as long as short |
BloFin EDGE-USDT
OKX EDGE-USDT-SWAP
Binance EDGEUSDT
MEXC EDGE_USDT
Extended EDGE-USD
Orderly PERP_EDGE_USDC