Funding you earn now, next payment 00:00 UTC−0.0548%/8h= −60.0% APRpaid last 24h −0.060%
Price spread now: Variational Omni against Extended−0.027%7-day average +0.004% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.114%−$11 on $10k
+Price spread, last 3 days (all we have)+0.094%+$9 · spread now −0.027%, 7d avg +0.004%
=Together, before fees−0.020%+ Points / potential airdropExtended: Active · Variational Omni: Active · farm board−$2 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and Variational Omni is 0.031% cheaper against Extended than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.004%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.114% in total (about -12.6% 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 | Extended EDGE-USD | 0.5989 | 0.0648 | pay 0.0081% / 1h | 47m 28s | $27K | $230K | 5x |
| Short | Variational Omni EDGE | 0.5988 | 0.0100 | get 0.0050% / 4h | 47m 28s | $194K | $131K | — |
Extended EDGE-USD
Variational Omni EDGEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Extended. 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
- −$115.08
- Price spread: −0.027% → +0.004%
- −$3.13
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$123.21
- Costs to cover
- 0.050%
- Break-even
- never at this rate
Slippage unknown: Extended: live order book, 30 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 Extended live order book, 30 min ago | 1.19 bp | 12.9 bp −$13 | 434.4 bp −$4,344 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 31 min ago | 7.68 bp | doesn't fit | 280.8 bp −$2,808 | 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 | 0.5993 | +0.065% | $56K | $8K | 3x | as long as short |
| Bybit EDGEUSDT | +0.0100% | 4h | 0.5983 | −0.107% | $7.1M | $3.3M | 25x | as long as short |
| Bitget EDGEUSDT | +0.0100% | 4h | 0.5993 | +0.060% | $4.8M | $1.0M | 20x | as long as short |
| Backpack EDGE_USDC_PERP | +0.0100% | 1h | 0.6020 | +0.511% | $59K | $100K | 3.3x | as long as short |
| Variational Omni EDGEshort | +0.0100% | 4h | 0.5988 | −0.027% | $194K | $131K | — | |
| GRVT EDGE_USDT_Perp | +0.0100% | 4h | 0.6022 | +0.544% | $12K | $1.8M | 10x | as long as short |
| ApeX Omni EDGEUSDT | +0.0100% | 1h | 0.6007 | +0.294% | $8K | $289K | 50x | as long as short |
| SunX EDGE-USDT | +0.0100% | 4h | 0.5977 | −0.207% | $4K | $610K | 10x | as long as short |
| KuCoin EDGEUSDTM | +0.0240% | 4h | 0.6005 | +0.261% | $2.1M | $2.2M | 50x | as long as short |
| MEXC EDGE_USDT | +0.0644% | 4h | 0.5987 | −0.040% | $1.2M | $914K | 50x | 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
MEXC EDGE_USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended EDGE-USDlong | +0.0648% | 1h | 0.5989 | long leg | $27K | $230K | 5x | |
| Binance EDGEUSDT | +0.0658% | 4h | 0.5994 | +0.073% | $10.2M | $10.1M | 50x | as long as short |
| Orderly PERP_EDGE_USDC | +0.0659% | 4h | 0.6018 | +0.478% | $3K | — | 10x | as long as short |
| Aster EDGEUSDT | +0.0676% | 4h | 0.6017 | +0.455% | $69K | $135K | 5x | as long as short |
| BloFin EDGE-USDT | +0.0694% | 4h | 0.6021 | +0.528% | $641K | $129K | 50x | as long as short |
| edgeX EDGEUSDC | +0.0790% | 4h | 0.6024 | +0.572% | $14.4M | $3.5M | 30x | as long as short |
| OKX EDGE-USDT-SWAP | +0.0805% | 4h | 0.5992 | +0.044% | $3.7M | $5.9M | 20x | as long as short |
Binance EDGEUSDT
Orderly PERP_EDGE_USDC
Aster EDGEUSDT
BloFin EDGE-USDT
edgeX EDGEUSDC
OKX EDGE-USDT-SWAP