Funding you earn now, next payment 12:00 UTC−0.0517%/8h= −56.6% APRnext payment −$2.58 per $10,000 · paid last 24h −0.079%
Price spread now: SunX against OKX+4.596%7-day average +0.444% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.123%−$12 on $10k
+Price spread, last 4 days (all we have)−4.214%−$421 · spread now +4.596%, 7d avg +0.444%
=The price spread pays, funding is against you. SunX is 4.152% dearer against OKX than usual: you sell high and buy low (spread +4.596% now, against its 7-day average of +0.444%): +$415 on $10k if it goes back. Holding the pair costs −$16 a day in funding at the current rate, which eats that in about 27 days. At the pace of the last 7 days (−0.123% in total) that is about 8 months.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.123% in total (about -6.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.58 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 | OKX EDGE-USDT-SWAP | 0.5983 | 0.0617 | pay 0.0308% / 4h | 3h 41m | $3.8M | $6.2M | 20x |
| Short | SunX EDGE-USDT | 0.6258 | 0.0100 | get 0.0050% / 4h | 3h 41m | $4K | $647K | 10x |
OKX EDGE-USDT-SWAP
SunX EDGE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$108.55
- Price spread: +4.596% → +0.444%
- $415.21
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- $288.66
- Costs to cover
- 0.180%
- Break-even
- from the start
Slippage unknown: OKX: live order book, 1 min ago; SunX: live order book, 70 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 OKX live order book, 1 min ago | 4.18 bp | 27.3 bp −$27 | 145.2 bp −$1,452 | doesn't fit | doesn't fit |
| Sell SunX live order book, 70 min ago | 500.58 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
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 | 0.5969 | −0.236% | $43K | $22K | 3x | as long as short |
| Bybit EDGEUSDT | +0.0100% | 4h | 0.5971 | −0.201% | $7.2M | $3.4M | 25x | as long as short |
| Bitget EDGEUSDT | +0.0100% | 4h | 0.5976 | −0.117% | $4.8M | $1.1M | 20x | as long as short |
| Backpack EDGE_USDC_PERP | +0.0100% | 1h | 0.5981 | −0.027% | $58K | $122K | 3.3x | as long as short |
| Variational Omni EDGE | +0.0100% | 4h | 0.6016 | +0.543% | $189K | $145K | — | as long as short |
| SunX EDGE-USDTshort | +0.0100% | 4h | 0.6258 | +4.596% | $4K | $647K | 10x | |
| ApeX Omni EDGEUSDT | +0.0114% | 1h | 0.6026 | +0.719% | $9K | $296K | 50x | as long as short |
| KuCoin EDGEUSDTM | +0.0210% | 4h | 0.5981 | −0.033% | $2.1M | $2.2M | 50x | as long as short |
| GRVT EDGE_USDT_Perp | +0.0266% | 4h | 0.5981 | −0.033% | $7K | $3.3M | 10x | as long as short |
| Aster EDGEUSDT | +0.0412% | 4h | 0.5981 | −0.040% | $52K | $152K | 5x | as long as short |
Lighter EDGE
Bybit EDGEUSDT
Bitget EDGEUSDT
Backpack EDGE_USDC_PERP
Variational Omni EDGE
ApeX Omni EDGEUSDT
KuCoin EDGEUSDTM
GRVT EDGE_USDT_Perp
Aster EDGEUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin EDGE-USDT | +0.0588% | 4h | 0.5981 | −0.033% | $671K | $106K | 50x | as long as short |
| Binance EDGEUSDT | +0.0598% | 4h | 0.5979 | −0.059% | $10.4M | $11.0M | 50x | as long as short |
| Extended EDGE-USD | +0.0600% | 1h | 0.5976 | −0.117% | $29K | $267K | 5x | as long as short |
| MEXC EDGE_USDT | +0.0602% | 4h | 0.5979 | −0.067% | $1.1M | $717K | 50x | as long as short |
| OKX EDGE-USDT-SWAPlong | +0.0617% | 4h | 0.5983 | long leg | $3.8M | $6.2M | 20x | |
| edgeX EDGEUSDC | +0.0652% | 4h | 0.6021 | +0.638% | $14.5M | $3.7M | 30x | as long as short |
| Orderly PERP_EDGE_USDC | +0.0676% | 4h | 0.5979 | −0.067% | $2K | $1K | 10x | as long as short |
BloFin EDGE-USDT
Binance EDGEUSDT
Extended EDGE-USD
MEXC EDGE_USDT
edgeX EDGEUSDC
Orderly PERP_EDGE_USDC