EDGE

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0154%/8h= +16.8% APRnext payment +$0.77 per $10,000 · paid last 24h +0.066%

Price spread now: Orderly against OKX−0.034%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on OKX Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Orderly is 0.034% cheaper against OKX than usual: you would sell low and buy high (spread −0.034% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 18 hours of funding at the current rate (+$5 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX EDGE-USDT-SWAP	0.5914	0.0470	pay 0.0235% / 4h	1h 06m	$3.7M	$5.7M	20x
Short	Orderly PERP_EDGE_USDC	0.5912	0.0624	get 0.0312% / 4h	1h 06m	$3K	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against OKX. 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

Position, each leg$Hold fordaysFee OKXbpFee OrderlybpOrdersPrice spread, now −0.034%Rate

Funding earned: $32.29
Price spread: −0.034% → 0.000%: −$3.38
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Orderly: 3 bp × 2 orders: −$6
Net: $12.91
Costs to cover: 0.160%
Break-even: 4.2 days

Slippage unknown: OKX: live order book, 1 min ago; Orderly: 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, 1 min ago	4.22 bp	24.8 bp −$25	134.2 bp −$1,342	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: 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 EDGE	+0.0096%	1h	0.5898	−0.267%	$43K	$19K	3x	as long as short
Bybit EDGEUSDT	+0.0100%	4h	0.5901	−0.220%	$7.1M	$3.3M	25x	as long as short
KuCoin EDGEUSDTM	+0.0100%	4h	0.5909	−0.085%	$2.1M	$2.2M	50x	as long as short
Bitget EDGEUSDT	+0.0100%	4h	0.5905	−0.152%	$4.7M	$1.1M	20x	as long as short
Backpack EDGE_USDC_PERP	+0.0100%	1h	0.5906	−0.132%	$58K	$106K	3.3x	as long as short
Variational Omni EDGE	+0.0100%	4h	0.5924	+0.166%	$188K	$135K	—	as long as short
GRVT EDGE_USDT_Perp	+0.0100%	4h	0.5911	−0.051%	$5K	$2.2M	10x	as long as short
ApeX Omni EDGEUSDT	+0.0100%	1h	0.5908	−0.101%	$9K	$304K	50x	as long as short
SunX EDGE-USDT	+0.0100%	4h	0.6185	+4.582%	$4K	$623K	10x	as long as short
BloFin EDGE-USDT	+0.0412%	4h	0.5914	0.000%	$651K	$101K	50x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended EDGE-USD	+0.0416%	1h	0.5907	−0.119%	$27K	$194K	5x	as long as short
MEXC EDGE_USDT	+0.0416%	4h	0.5910	−0.068%	$1.1M	$902K	50x	as long as short
Binance EDGEUSDT	+0.0416%	4h	0.5909	−0.085%	$10.1M	$10.3M	50x	as long as short
Aster EDGEUSDT	+0.0458%	4h	0.5912	−0.036%	$68K	$128K	5x	as long as short
OKX EDGE-USDT-SWAPlong	+0.0470%	4h	0.5914	long leg	$3.7M	$5.7M	20x
edgeX EDGEUSDC	+0.0494%	4h	0.5925	+0.184%	$14.2M	$3.6M	30x	as long as short
Orderly PERP_EDGE_USDCshort	+0.0624%	4h	0.5912	−0.034%	$3K	—	10x