Funding you earn now, next payment 00:00 UTC−0.0443%/8h= −48.5% APRnext payment −$2.22 per $10,000 · paid last 24h −0.014%
Price spread now: SunX against edgeX−0.844%74s7-day average +0.334% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.057%−$6 on $10k
+Price spread, last 3 days (all we have)+2.181%+$218 · spread now −0.844%, 7d avg +0.334%
=Together, before fees+2.125%+ Points / potential airdropedgeX: Active · farm board+$212 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and SunX is 1.177% cheaper against edgeX than usual: you would sell low and buy high (−$118 if the spread goes back to its 7-day average of +0.334%). Swap the legs. The two prices were read 74 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 -0.057% in total (about -3.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.22 per $10,000. 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 | 0.5877 | 0.0543 | pay 0.0272% / 4h | 1h 08m | $14.0M | $3.4M | 30x |
| Short | SunX EDGE-USDT | 0.5827 | 0.0100 | get 0.0050% / 4h | 1h 08m | $3K | $610K | 10x |
edgeX EDGEUSDC
SunX EDGE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$93.08
- Price spread: −0.844% → +0.334%
- −$117.74
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$227.82
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: edgeX: live order book, 1 min ago; SunX: live order book, 63 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 edgeX live order book, 1 min ago | 3.39 bp | 23.5 bp −$23 | 100.6 bp −$1,006 | doesn't fit | doesn't fit |
| Sell SunX live order book, 63 min ago | 500.64 bp | doesn't fit | doesn't fit | 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 | 0.5866 | −0.175% | $54K | $8K | 3x | as long as short |
| Bybit EDGEUSDT | +0.0100% | 4h | 0.5877 | +0.007% | $7.0M | $3.3M | 25x | as long as short |
| Bitget EDGEUSDT | +0.0100% | 4h | 0.5881 | +0.075% | $4.7M | $998K | 20x | as long as short |
| Backpack EDGE_USDC_PERP | +0.0100% | 1h | 0.5881 | +0.072% | $60K | $100K | 3.3x | as long as short |
| Variational Omni EDGE | +0.0100% | 4h | 0.5864 | −0.211% | $191K | $130K | — | as long as short |
| GRVT EDGE_USDT_Perp | +0.0100% | 4h | 0.5871 | −0.093% | $12K | $1.8M | 10x | as long as short |
| ApeX Omni EDGEUSDT | +0.0100% | 1h | 0.5878 | +0.024% | $8K | $294K | 50x | as long as short |
| SunX EDGE-USDTshort | +0.0100% | 4h | 0.5827 | −0.844% | $3K | $610K | 10x | |
| KuCoin EDGEUSDTM | +0.0188% | 4h | 0.5880 | +0.058% | $2.1M | $2.3M | 50x | as long as short |
| Extended EDGE-USD | +0.0480% | 1h | 0.5880 | +0.063% | $27K | $230K | 5x | as long as short |
Lighter EDGE
Bybit EDGEUSDT
Bitget EDGEUSDT
Backpack EDGE_USDC_PERP
Variational Omni EDGE
GRVT EDGE_USDT_Perp
ApeX Omni EDGEUSDT
KuCoin EDGEUSDTM
Extended EDGE-USDShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC EDGE_USDT | +0.0480% | 4h | 0.5884 | +0.126% | $1.2M | $921K | 50x | as long as short |
| Binance EDGEUSDT | +0.0480% | 4h | 0.5885 | +0.143% | $10.0M | $10.1M | 50x | as long as short |
| Aster EDGEUSDT | +0.0488% | 4h | 0.5873 | −0.065% | $68K | $136K | 5x | as long as short |
| BloFin EDGE-USDT | +0.0527% | 4h | 0.5873 | −0.061% | $631K | $125K | 50x | as long as short |
| edgeX EDGEUSDClong | +0.0543% | 4h | 0.5877 | long leg | $14.0M | $3.4M | 30x | |
| OKX EDGE-USDT-SWAP | +0.0569% | 4h | 0.5891 | +0.245% | $3.6M | $5.8M | 20x | as long as short |
| Orderly PERP_EDGE_USDC | +0.0578% | 4h | 0.5882 | +0.092% | $3K | — | 10x | as long as short |
MEXC EDGE_USDT
Binance EDGEUSDT
Aster EDGEUSDT
BloFin EDGE-USDT
OKX EDGE-USDT-SWAP
Orderly PERP_EDGE_USDC