Funding you earn now, next payment 00:00 UTC+0.0488%/8h= +53.4% APRnext payment +$0.61 per $10,000 · paid last 24h +0.061%
Price spread now: Extended against Lighter+0.213%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+0.237%+$24 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · Extended: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and Extended is 0.213% dearer against Lighter than usual: you sell high and buy low: +$21 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 0.237% in total (about 12.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.61 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 | Lighter EDGE | 0.5952 | 0.0096 | pay 0.0012% / 1h | 20m 28s | $55K | $8K | 3x |
| Short | Extended EDGE-USD | 0.5965 | 0.0584 | get 0.0073% / 1h | 20m 28s | $27K | $230K | 5x |
Lighter EDGE
Extended EDGE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $102.48
- Price spread: +0.213% → 0.000%
- $21.28
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $118.76
- Costs to cover
- 0.050%
- Break-even
- from the start
Slippage unknown: Lighter: no order-book sample; Extended: live order book, 57 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 Extended live order book, 57 min ago | 1.19 bp | 131.4 bp −$131 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack EDGE_USDC_PERP | −0.0042% | 1h | 0.5966 | +0.223% | $58K | $101K | 3.3x | as long as short |
| Lighter EDGElong | +0.0096% | 1h | 0.5952 | long leg | $55K | $8K | 3x | |
| Bybit EDGEUSDT | +0.0100% | 4h | 0.5959 | +0.114% | $7.1M | $3.3M | 25x | as long as short |
| Bitget EDGEUSDT | +0.0100% | 4h | 0.5966 | +0.232% | $4.7M | $1.0M | 20x | as long as short |
| Variational Omni EDGE | +0.0100% | 4h | 0.5956 | +0.059% | $192K | $131K | — | as long as short |
| GRVT EDGE_USDT_Perp | +0.0100% | 4h | 0.5955 | +0.050% | $7K | $1.8M | 10x | as long as short |
| ApeX Omni EDGEUSDT | +0.0100% | 1h | 0.5960 | +0.131% | $9K | $288K | 50x | as long as short |
| SunX EDGE-USDT | +0.0100% | 4h | 0.5925 | −0.457% | $3K | $613K | 10x | as long as short |
| KuCoin EDGEUSDTM | +0.0136% | 4h | 0.5962 | +0.165% | $2.1M | $2.2M | 50x | as long as short |
| Aster EDGEUSDT | +0.0578% | 4h | 0.5956 | +0.069% | $69K | $133K | 5x | as long as short |
Backpack EDGE_USDC_PERP
Bybit EDGEUSDT
Bitget EDGEUSDT
Variational Omni EDGE
GRVT EDGE_USDT_Perp
ApeX Omni EDGEUSDT
SunX EDGE-USDT
KuCoin EDGEUSDTM
Aster EDGEUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC EDGE_USDT | +0.0580% | 4h | 0.5969 | +0.282% | $1.2M | $916K | 50x | as long as short |
| Binance EDGEUSDT | +0.0581% | 4h | 0.5969 | +0.282% | $10.1M | $10.1M | 50x | as long as short |
| Extended EDGE-USDshort | +0.0584% | 1h | 0.5965 | +0.213% | $27K | $230K | 5x | |
| BloFin EDGE-USDT | +0.0618% | 4h | 0.5958 | +0.097% | $646K | $112K | 50x | as long as short |
| OKX EDGE-USDT-SWAP | +0.0676% | 4h | 0.5966 | +0.232% | $3.7M | $5.9M | 20x | as long as short |
| edgeX EDGEUSDC | +0.0679% | 4h | 0.5956 | +0.062% | $14.2M | $3.5M | 30x | as long as short |
| Orderly PERP_EDGE_USDC | +0.0692% | 4h | 0.5962 | +0.165% | $3K | — | 10x | as long as short |
MEXC EDGE_USDT
Binance EDGEUSDT
BloFin EDGE-USDT
OKX EDGE-USDT-SWAP
edgeX EDGEUSDC
Orderly PERP_EDGE_USDC