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

EDGE

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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h +0.001%
Price spread now: ApeX Omni against Lighter+0.040%48s7-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+0.011%+$1 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.040% dearer against Lighter than usual: you sell high and buy low, +$4 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter EDGE0.59470.0096pay 0.0012% / 1h30m 41s$43K$19K3x
ShortApeX Omni EDGEUSDT0.59490.0100get 0.0013% / 1h30m 41s$9K$306K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Lighter. 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
$0.84
Price spread: +0.040% → 0.000%
$4.04
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$5.12
Costs to cover
0.100%
Break-even
49.7 days
Slippage unknown: Lighter: no order-book sample; ApeX Omni: live order book, 32 min ago. 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 Lighter no order-book sample
Sell ApeX Omni live order book, 32 min ago19.45 bp184.1 bp −$184doesn't fitdoesn't fitdoesn't fit
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
Lighter EDGElong+0.0096%1h0.5947long leg$43K$19K3x
Bybit EDGEUSDT+0.0100%4h0.5948+0.024%$7.1M$3.3M25xas long as short
KuCoin EDGEUSDTM+0.0100%4h0.5956+0.158%$2.1M$2.2M50xas long as short
Bitget EDGEUSDT+0.0100%4h0.5956+0.158%$4.7M$1.1M20xas long as short
Backpack EDGE_USDC_PERP+0.0100%1h0.5956+0.161%$61K$105K3.3xas long as short
Variational Omni EDGE+0.0100%4h0.5946−0.005%$191K$133Kas long as short
GRVT EDGE_USDT_Perp+0.0100%4h0.5960+0.227%$4K$2.1M10xas long as short
ApeX Omni EDGEUSDTshort+0.0100%1h0.5949+0.040%$9K$306K50x
SunX EDGE-USDT+0.0100%4h0.6212+4.463%$3K$620K10xas long as short
edgeX EDGEUSDC+0.0466%4h0.5956+0.154%$14.2M$3.6M30xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC EDGE_USDT+0.0470%4h0.5958+0.192%$1.2M$901K50xas long as short
Binance EDGEUSDT+0.0471%4h0.5958+0.192%$10.2M$10.4M50xas long as short
Extended EDGE-USD+0.0472%1h0.5956+0.155%$27K$194K5xas long as short
OKX EDGE-USDT-SWAP+0.0504%4h0.5963+0.276%$3.7M$5.8M20xas long as short
Aster EDGEUSDT+0.0507%4h0.5950+0.051%$68K$129K5xas long as short
BloFin EDGE-USDT+0.0524%4h0.5959+0.209%$655K$102K50xas long as short
Orderly PERP_EDGE_USDC+0.0671%4h0.5954+0.124%$3K10xas long as short