Funding you earn now, next payment 07:00 UTC−0.0383%/8h= −41.9% APRpaid last 24h −0.057%
Price spread now: Lighter against OKX−0.278%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.111%−$11 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 against this trade now: funding costs −$11 a day on $10k at the current rate, and Lighter is 0.278% cheaper against OKX than usual: you would sell low and buy high (−$28 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.111% in total (about -5.8% 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 | OKX EDGE-USDT-SWAP | 0.6036 | 0.0479 | pay 0.0239% / 4h | 1h 49m | $3.8M | $6.2M | 20x |
| Short | Lighter EDGE | 0.6019 | 0.0096 | get 0.0012% / 1h | 49m 37s | $44K | $22K | 3x |
OKX EDGE-USDT-SWAP
Lighter EDGEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against OKX. 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
- −$80.34
- Price spread: −0.278% → 0.000%
- −$27.83
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$118.17
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: OKX: live order book, 3 min ago; Lighter: no order-book sample. 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 OKX live order book, 3 min ago | 4.99 bp | 23.6 bp −$24 | 142.8 bp −$1,428 | doesn't fit | doesn't fit |
| Sell Lighter no order-book sample | — | — | — | — | — |
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 | −0.0496% | 1h | 0.6023 | −0.212% | $59K | $120K | 3.3x | as long as short |
| Lighter EDGEshort | +0.0096% | 1h | 0.6019 | −0.278% | $44K | $22K | 3x | |
| Bybit EDGEUSDT | +0.0100% | 4h | 0.6016 | −0.331% | $7.3M | $3.4M | 25x | as long as short |
| KuCoin EDGEUSDTM | +0.0100% | 4h | 0.6023 | −0.215% | $2.2M | $2.2M | 50x | as long as short |
| Bitget EDGEUSDT | +0.0100% | 4h | 0.6021 | −0.249% | $4.8M | $1.1M | 20x | as long as short |
| Variational Omni EDGE | +0.0100% | 4h | 0.5999 | −0.621% | $189K | $144K | — | as long as short |
| GRVT EDGE_USDT_Perp | +0.0100% | 4h | 0.6004 | −0.528% | $247 | $2.9M | 10x | as long as short |
| ApeX Omni EDGEUSDT | +0.0100% | 1h | 0.6009 | −0.447% | $9K | $295K | 50x | as long as short |
| SunX EDGE-USDT | +0.0100% | 4h | 0.5988 | −0.795% | $3K | $639K | 10x | as long as short |
| Aster EDGEUSDT | +0.0345% | 4h | 0.6021 | −0.255% | $53K | $156K | 5x | as long as short |
Backpack EDGE_USDC_PERP
Bybit EDGEUSDT
KuCoin EDGEUSDTM
Bitget EDGEUSDT
Variational Omni EDGE
GRVT EDGE_USDT_Perp
ApeX Omni EDGEUSDT
SunX EDGE-USDT
Aster EDGEUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin EDGE-USDT | +0.0469% | 4h | 0.6007 | −0.480% | $666K | $104K | 50x | as long as short |
| OKX EDGE-USDT-SWAPlong | +0.0479% | 4h | 0.6036 | long leg | $3.8M | $6.2M | 20x | |
| MEXC EDGE_USDT | +0.0494% | 4h | 0.6030 | −0.099% | $1.1M | $800K | 50x | as long as short |
| Extended EDGE-USD | +0.0496% | 1h | 0.6029 | −0.118% | $29K | $84K | 5x | as long as short |
| edgeX EDGEUSDC | +0.0496% | 4h | 0.6011 | −0.417% | $14.4M | $3.7M | 30x | as long as short |
| Binance EDGEUSDT | +0.0499% | 4h | 0.6030 | −0.099% | $10.4M | $10.8M | 50x | as long as short |
| Orderly PERP_EDGE_USDC | +0.0621% | 4h | 0.6018 | −0.298% | $3K | $1K | 10x | as long as short |
BloFin EDGE-USDT
MEXC EDGE_USDT
Extended EDGE-USD
edgeX EDGEUSDC
Binance EDGEUSDT
Orderly PERP_EDGE_USDC