Funding you earn now, next payment 12:00 UTC−0.0413%/8h= −45.2% APRnext payment −$2.06 per $10,000 · paid last 24h −0.077%
Price spread now: Variational Omni against edgeX−0.157%59s7-day average −0.139% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.099%−$10 on $10k
+Price spread, last 4 days (all we have)+0.081%+$8 · spread now −0.157%, 7d avg −0.139%
=Together, before fees−0.018%+ Points / potential airdropedgeX: Active · Variational Omni: Active · farm board−$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.139%, so right now this pair is about funding alone: −$12 a day on $10k at the current rate. The two prices were read 59 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 4 days it paid -0.099% in total (about -9.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.06 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 | 0.5943 | 0.0513 | pay 0.0256% / 4h | 3h 02m | $14.3M | $3.8M | 30x |
| Short | Variational Omni EDGE | 0.5934 | 0.0100 | get 0.0050% / 4h | 3h 02m | $187K | $145K | — |
edgeX EDGEUSDC
Variational Omni EDGEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$86.7
- Price spread: −0.157% → −0.139%
- −$1.78
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$97.48
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: edgeX: live order book, 1 min ago; Variational Omni: RFQ quote, 31 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 | 6.71 bp | 13.5 bp −$13 | 104.3 bp −$1,043 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 31 min ago | 4.17 bp | doesn't fit | 336.4 bp −$3,364 | 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 | 0.5948 | +0.081% | $43K | $22K | 3x | as long as short |
| Bybit EDGEUSDT | +0.0100% | 4h | 0.5936 | −0.116% | $7.2M | $3.4M | 25x | as long as short |
| Bitget EDGEUSDT | +0.0100% | 4h | 0.5944 | +0.019% | $4.7M | $1.1M | 20x | as long as short |
| Backpack EDGE_USDC_PERP | +0.0100% | 1h | 0.5947 | +0.066% | $60K | $124K | 3.3x | as long as short |
| Variational Omni EDGEshort | +0.0100% | 4h | 0.5934 | −0.157% | $187K | $145K | — | |
| GRVT EDGE_USDT_Perp | +0.0100% | 4h | 0.5942 | −0.015% | $2K | $3.4M | 10x | as long as short |
| ApeX Omni EDGEUSDT | +0.0100% | 1h | 0.5947 | +0.069% | $9K | $295K | 50x | as long as short |
| SunX EDGE-USDT | +0.0100% | 4h | 0.5902 | −0.688% | $4K | $648K | 10x | as long as short |
| KuCoin EDGEUSDTM | +0.0166% | 4h | 0.5949 | +0.103% | $2.1M | $2.2M | 50x | as long as short |
| Aster EDGEUSDT | +0.0380% | 4h | 0.5946 | +0.045% | $52K | $157K | 5x | as long as short |
Lighter EDGE
Bybit EDGEUSDT
Bitget EDGEUSDT
Backpack EDGE_USDC_PERP
GRVT EDGE_USDT_Perp
ApeX Omni EDGEUSDT
SunX EDGE-USDT
KuCoin EDGEUSDTM
Aster EDGEUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX EDGEUSDClong | +0.0513% | 4h | 0.5943 | long leg | $14.3M | $3.8M | 30x | |
| OKX EDGE-USDT-SWAP | +0.0517% | 4h | 0.5964 | +0.356% | $3.7M | $6.1M | 20x | as long as short |
| BloFin EDGE-USDT | +0.0552% | 4h | 0.5949 | +0.103% | $668K | $106K | 50x | as long as short |
| MEXC EDGE_USDT | +0.0564% | 4h | 0.5954 | +0.187% | $1.1M | $737K | 50x | as long as short |
| Binance EDGEUSDT | +0.0566% | 4h | 0.5958 | +0.256% | $10.4M | $11.0M | 50x | as long as short |
| Extended EDGE-USD | +0.0568% | 1h | 0.5960 | +0.295% | $28K | $267K | 5x | as long as short |
| Orderly PERP_EDGE_USDC | +0.0664% | 4h | 0.5944 | +0.019% | $2K | $1K | 10x | as long as short |
OKX EDGE-USDT-SWAP
BloFin EDGE-USDT
MEXC EDGE_USDT
Binance EDGEUSDT
Extended EDGE-USD
Orderly PERP_EDGE_USDC