EDGE

Alert

Funding spread now, next payment 20:00 UTC+0.0485%/8h

next payment, per $10,000+$2.42paid, last 24h+0.073%paid, last 5 days+0.073%to open and closeno order book

The current rate is far above what this pair has been paying: over the last 5 days it paid 0.073% in total (about 5.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.42 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	KuCoin EDGEUSDTM	0.6005	0.0100	pay 0.0050% / 4h	1h 10m	$2.1M	$2.2M	50x
Short	Orderly PERP_EDGE_USDC	0.6012	0.0585	get 0.0292% / 4h	1h 10m	$3K	—	10x

Funding history

latest

Range statsloading…

Funding on every exchange

click an exchange to add or hide it

latest

Profit calculator

Position, each leg$Hold fordaysFee KuCoinbpFee OrderlybpOrdersRate

Funding earned: $101.85
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Orderly: 3 bp × 2 orders: −$6
Net: $83.85
Break-even: 1.2 days

Slippage unknown: KuCoin: live order book, 2 min ago; Orderly: no order-book sample. Net counts fees only.

Price risk

price view

Price gap now: +0.117%
Avg gap 7d: —

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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 KuCoin live order book, 2 min ago	6.68 bp	211.9 bp −$212	987.4 bp −$9,874	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 16 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Backpack EDGE_USDC_PERP	−0.1279%	1h	$61K	$111K	3.3x	as long as short
Lighter EDGE	+0.0096%	1h	$56K	$9K	3x	as long as short
Bybit EDGEUSDT	+0.0100%	4h	$7.0M	$3.1M	25x	as long as short
KuCoin EDGEUSDTMlong	+0.0100%	4h	$2.1M	$2.2M	50x
Bitget EDGEUSDT	+0.0100%	4h	$4.8M	$936K	20x	as long as short
Variational Omni EDGE	+0.0100%	4h	$179K	$111K	—	as long as short
ApeX Omni EDGEUSDT	+0.0100%	1h	$1K	$288K	50x	as long as short
SunX EDGE-USDT	+0.0100%	4h	$4K	$574K	10x	as long as short
edgeX EDGEUSDC	+0.0102%	4h	$14.3M	$3.3M	30x	as long as short
OKX EDGE-USDT-SWAP	+0.0132%	4h	$3.7M	$5.7M	20x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
BloFin EDGE-USDT	+0.0255%	4h	$655K	$126K	50x	as long as short
Binance EDGEUSDT	+0.0302%	4h	$10.2M	$9.7M	50x	as long as short
MEXC EDGE_USDT	+0.0302%	4h	$1.2M	$927K	50x	as long as short
Extended EDGE-USD	+0.0304%	1h	$27K	$230K	5x	as long as short
Aster EDGEUSDT	+0.0386%	4h	$69K	$135K	5x	as long as short
Orderly PERP_EDGE_USDCshort	+0.0585%	4h	$3K	—	10x