EDGE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0167%/8h= +18.3% APRnext payment +$0.83 per $10,000 · paid last 24h +0.066%

Price spread now: Orderly against edgeX+0.221%71s7-day average — · you sell dearer than you buy

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

Long on edgeX Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropedgeX: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Orderly is 0.221% dearer against edgeX than usual: you sell high and buy low: +$22 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 71 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	edgeX EDGEUSDC	0.5974	0.0477	pay 0.0239% / 4h	14m 18s	$14.4M	$3.7M	30x
Short	Orderly PERP_EDGE_USDC	0.5987	0.0644	get 0.0322% / 4h	14m 18s	$2K	$1K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against edgeX. 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 edgeXbpFee OrderlybpOrdersPrice spread, now +0.221%Rate

Funding earned: $35.02
Price spread: +0.221% → 0.000%: $22.13
Slippage, 4 orders: no order book: not counted
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Orderly: 3 bp × 2 orders: −$6
Net: $42.15
Costs to cover: 0.150%
Break-even: from the start

Slippage unknown: edgeX: live order book, 5 min ago; Orderly: 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, 5 min ago	2.51 bp	9.3 bp −$9	96.2 bp −$962	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: 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
Lighter EDGE	+0.0096%	1h	0.5979	+0.094%	$44K	$22K	3x	as long as short
Bybit EDGEUSDT	+0.0100%	4h	0.5980	+0.104%	$7.3M	$3.4M	25x	as long as short
KuCoin EDGEUSDTM	+0.0100%	4h	0.5990	+0.271%	$2.1M	$2.2M	50x	as long as short
Bitget EDGEUSDT	+0.0100%	4h	0.5973	−0.013%	$4.8M	$1.1M	20x	as long as short
Backpack EDGE_USDC_PERP	+0.0100%	1h	0.5985	+0.194%	$58K	$122K	3.3x	as long as short
Variational Omni EDGE	+0.0100%	4h	0.5973	−0.012%	$188K	$145K	—	as long as short
GRVT EDGE_USDT_Perp	+0.0100%	4h	0.5972	−0.037%	$3K	$3.1M	10x	as long as short
ApeX Omni EDGEUSDT	+0.0100%	1h	0.5979	+0.087%	$9K	$296K	50x	as long as short
SunX EDGE-USDT	+0.0100%	4h	0.6263	+4.841%	$4K	$644K	10x	as long as short
Aster EDGEUSDT	+0.0309%	4h	0.5978	+0.079%	$52K	$153K	5x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX EDGEUSDClong	+0.0477%	4h	0.5974	long leg	$14.4M	$3.7M	30x
Extended EDGE-USD	+0.0488%	1h	0.5989	+0.256%	$31K	$269K	5x	as long as short
MEXC EDGE_USDT	+0.0488%	4h	0.5993	+0.322%	$1.1M	$761K	50x	as long as short
Binance EDGEUSDT	+0.0489%	4h	0.5992	+0.305%	$10.4M	$10.9M	50x	as long as short
OKX EDGE-USDT-SWAP	+0.0517%	4h	0.5998	+0.405%	$3.8M	$6.1M	20x	as long as short
BloFin EDGE-USDT	+0.0531%	4h	0.5983	+0.154%	$671K	$106K	50x	as long as short
Orderly PERP_EDGE_USDCshort	+0.0644%	4h	0.5987	+0.221%	$2K	$1K	10x