Settings8H · net · $10k
Funding arb · Price arb /

EDGE

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0344%/8h= −37.7% APRnext payment $0.43 per $10,000 · paid last 24h −0.079%
Price spread now: Lighter against Extended+0.023%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.258%−$26 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · Lighter: Season 3 · farm boardneeds both histories
The price spread pays, funding is against you. Lighter is 0.023% dearer against Extended than usual: you sell high and buy low (spread +0.023% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 5 hours. At the pace of the last 7 days (−0.258% in total) that is about 15 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended EDGE-USD0.59790.0440pay 0.0055% / 1h19m 02s$27K$193K5x
ShortLighter EDGE0.59810.0096get 0.0012% / 1h19m 02s$44K$19K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Extended. 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

Funding earned
−$72.24
Price spread: +0.023% → 0.000%
$2.32
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Lighter: 0 bp × 2 orders
$0
Net
−$74.92
Costs to cover
0.050%
Break-even
never at this rate
Slippage unknown: Extended: live order book, 37 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
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 37 min ago2.87 bp54.2 bp −$54493.9 bp −$4,939doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack EDGE_USDC_PERP−0.0086%1h0.5982+0.050%$58K$111K3.3xas long as short
Lighter EDGEshort+0.0096%1h0.5981+0.023%$44K$19K3x
Bybit EDGEUSDT+0.0100%4h0.5977−0.040%$7.2M$3.4M25xas long as short
KuCoin EDGEUSDTM+0.0100%4h0.5983+0.060%$2.1M$2.2M50xas long as short
Bitget EDGEUSDT+0.0100%4h0.5981+0.027%$4.8M$1.1M20xas long as short
Variational Omni EDGE+0.0100%4h0.5972−0.117%$189K$136Kas long as short
GRVT EDGE_USDT_Perp+0.0100%4h0.5979−0.007%$2K$2.3M10xas long as short
ApeX Omni EDGEUSDT+0.0100%1h0.5989+0.160%$9K$305K50xas long as short
SunX EDGE-USDT+0.0100%4h0.5961−0.308%$3K$626K10xas long as short
OKX EDGE-USDT-SWAP+0.0411%4h0.5989+0.160%$3.8M$5.9M20xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX EDGEUSDC+0.0437%4h0.5986+0.113%$14.3M$3.6M30xas long as short
MEXC EDGE_USDT+0.0438%4h0.5983+0.060%$1.1M$899K50xas long as short
Binance EDGEUSDT+0.0439%4h0.5983+0.060%$10.3M$10.5M50xas long as short
Extended EDGE-USDlong+0.0440%1h0.5979long leg$27K$193K5x
BloFin EDGE-USDT+0.0460%4h0.5984+0.077%$660K$103K50xas long as short
Aster EDGEUSDT+0.0485%4h0.5998+0.319%$60K$152K5xas long as short
Orderly PERP_EDGE_USDC+0.0575%4h0.5998+0.311%$3K10xas long as short