Funding you earn now, next payment 05:00 UTC+0.0376%/8h= +41.2% APRpaid last 24h +0.104%
Price spread now: BloFin against Lighter−0.218%60s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.260%+$26 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
Funding pays, the price is against you. BloFin is 0.218% cheaper against Lighter than usual: you would sell low and buy high (spread −0.218% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$22 on $10k: about 46 hours of funding at the current rate (+$11 a day). At the pace of the last 7 days (+0.260% in total) that is about 5.8 days. The two prices were read 60 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.260% in total (about 13.6% 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 | Lighter EDGE | 0.6021 | 0.0096 | pay 0.0012% / 1h | 20m 19s | $44K | $19K | 3x |
| Short | BloFin EDGE-USDT | 0.6008 | 0.0472 | get 0.0236% / 4h | 3h 20m | $661K | $104K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $78.94
- Price spread: −0.218% → 0.000%
- −$21.76
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $45.18
- Costs to cover
- 0.120%
- Break-even
- 3.0 days
Slippage unknown: Lighter: no order-book sample; BloFin: live order book, 11 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 BloFin live order book, 11 min ago | 3.35 bp | 41.2 bp −$41 | 141.8 bp −$1,418 | 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 | 0.6021 | long leg | $44K | $19K | 3x | |
| Bybit EDGEUSDT | +0.0100% | 4h | 0.6024 | +0.048% | $7.3M | $3.3M | 25x | as long as short |
| KuCoin EDGEUSDTM | +0.0100% | 4h | 0.6039 | +0.297% | $2.2M | $2.2M | 50x | as long as short |
| Bitget EDGEUSDT | +0.0100% | 4h | 0.6036 | +0.247% | $4.8M | $1.1M | 20x | as long as short |
| Backpack EDGE_USDC_PERP | +0.0100% | 1h | 0.6017 | −0.076% | $58K | $113K | 3.3x | as long as short |
| Variational Omni EDGE | +0.0100% | 4h | 0.5995 | −0.434% | $191K | $141K | — | as long as short |
| GRVT EDGE_USDT_Perp | +0.0100% | 4h | 0.5973 | −0.799% | $7K | $2.6M | 10x | as long as short |
| ApeX Omni EDGEUSDT | +0.0100% | 1h | 0.5977 | −0.732% | $9K | $305K | 50x | as long as short |
| SunX EDGE-USDT | +0.0100% | 4h | 0.6314 | +4.865% | $4K | $625K | 10x | as long as short |
| Aster EDGEUSDT | +0.0465% | 4h | 0.6021 | −0.003% | $54K | $155K | 5x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin EDGE-USDTshort | +0.0472% | 4h | 0.6008 | −0.218% | $661K | $104K | 50x | |
| MEXC EDGE_USDT | +0.0496% | 4h | 0.6041 | +0.331% | $1.1M | $866K | 50x | as long as short |
| Extended EDGE-USD | +0.0512% | 1h | 0.6035 | +0.237% | $28K | $180K | 5x | as long as short |
| Binance EDGEUSDT | +0.0515% | 4h | 0.6034 | +0.214% | $10.3M | $10.5M | 50x | as long as short |
| edgeX EDGEUSDC | +0.0541% | 4h | 0.5979 | −0.704% | $14.3M | $3.7M | 30x | as long as short |
| OKX EDGE-USDT-SWAP | +0.0586% | 4h | 0.6044 | +0.380% | $3.8M | $5.9M | 20x | as long as short |
| Orderly PERP_EDGE_USDC | +0.0601% | 4h | 0.6035 | +0.231% | $3K | $1K | 10x | as long as short |
Lighter EDGE
BloFin EDGE-USDT
Bybit EDGEUSDT
KuCoin EDGEUSDTM
Bitget EDGEUSDT
Backpack EDGE_USDC_PERP
Variational Omni EDGE
GRVT EDGE_USDT_Perp
ApeX Omni EDGEUSDT
SunX EDGE-USDT
Aster EDGEUSDT
MEXC EDGE_USDT
Extended EDGE-USD
Binance EDGEUSDT
edgeX EDGEUSDC
OKX EDGE-USDT-SWAP