Funding you earn now, next payment 10:00 UTC+0.0494%/8h= +54.0% APRpaid last 24h +0.115%
Price spread now: Binance against Lighter+0.232%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.295%+$30 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and Binance is 0.232% dearer against Lighter than usual: you sell high and buy low: +$23 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.295% in total (about 15.4% 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 | Lighter EDGE | 0.5951 | 0.0096 | pay 0.0012% / 1h | 55m 48s | $43K | $21K | 3x |
| Short | Binance EDGEUSDT | 0.5965 | 0.0590 | get 0.0295% / 4h | 2h 55m | $10.4M | $11.1M | 50x |
Lighter EDGE
Binance EDGEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Lighter. 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
- $103.65
- Price spread: +0.232% → 0.000%
- $23.19
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $116.84
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Lighter: no order-book sample; Binance: live order book, 14 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 Lighter no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 14 min ago | 1.68 bp | 25.8 bp −$26 | 131.6 bp −$1,316 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter EDGElong | +0.0096% | 1h | 0.5951 | long leg | $43K | $21K | 3x | |
| Bybit EDGEUSDT | +0.0100% | 4h | 0.5955 | +0.064% | $7.2M | $3.4M | 25x | as long as short |
| Bitget EDGEUSDT | +0.0100% | 4h | 0.5953 | +0.030% | $4.7M | $1.1M | 20x | as long as short |
| Variational Omni EDGE | +0.0100% | 4h | 0.5954 | +0.053% | $188K | $145K | — | as long as short |
| GRVT EDGE_USDT_Perp | +0.0100% | 4h | 0.5949 | −0.042% | $11K | $3.4M | 10x | as long as short |
| ApeX Omni EDGEUSDT | +0.0100% | 1h | 0.5958 | +0.114% | $9K | $295K | 50x | as long as short |
| SunX EDGE-USDT | +0.0100% | 4h | 0.5924 | −0.457% | $4K | $649K | 10x | as long as short |
| KuCoin EDGEUSDTM | +0.0174% | 4h | 0.5962 | +0.181% | $2.1M | $2.2M | 50x | as long as short |
| Aster EDGEUSDT | +0.0415% | 4h | 0.5968 | +0.280% | $58K | $159K | 5x | as long as short |
| edgeX EDGEUSDC | +0.0507% | 4h | 0.5949 | −0.032% | $14.4M | $3.7M | 30x | as long as short |
Bybit EDGEUSDT
Bitget EDGEUSDT
Variational Omni EDGE
GRVT EDGE_USDT_Perp
ApeX Omni EDGEUSDT
SunX EDGE-USDT
KuCoin EDGEUSDTM
Aster EDGEUSDT
edgeX EDGEUSDCShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX EDGE-USDT-SWAP | +0.0515% | 4h | 0.5961 | +0.165% | $3.7M | $6.1M | 20x | as long as short |
| Backpack EDGE_USDC_PERP | +0.0533% | 1h | 0.5961 | +0.173% | $60K | $124K | 3.3x | as long as short |
| BloFin EDGE-USDT | +0.0548% | 4h | 0.5965 | +0.232% | $669K | $105K | 50x | as long as short |
| MEXC EDGE_USDT | +0.0588% | 4h | 0.5959 | +0.131% | $1.1M | $697K | 50x | as long as short |
| Binance EDGEUSDTshort | +0.0590% | 4h | 0.5965 | +0.232% | $10.4M | $11.1M | 50x | |
| Extended EDGE-USD | +0.0592% | 1h | 0.5965 | +0.227% | $27K | $269K | 5x | as long as short |
| Orderly PERP_EDGE_USDC | +0.0686% | 4h | 0.5961 | +0.165% | $2K | $1K | 10x | as long as short |
OKX EDGE-USDT-SWAP
Backpack EDGE_USDC_PERP
BloFin EDGE-USDT
MEXC EDGE_USDT
Extended EDGE-USD
Orderly PERP_EDGE_USDC