EDGE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0315%/8h= −34.5% APRnext payment −$1.58 per $10,000 · paid last 24h −0.016%

Price spread now: Aster against Orderly+0.014%49s7-day average — · you sell dearer than you buy

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

Long on Orderly Short on Aster

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—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$9 a day on $10k at the current rate. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_EDGE_USDC	0.5990	0.0614	pay 0.0307% / 4h	1h 33m	$2K	$1K	10x
Short	Aster EDGEUSDT	0.5991	0.0299	get 0.0150% / 4h	1h 33m	$53K	$156K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Orderly. 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 OrderlybpFee AsterbpOrdersPrice spread, now +0.014%Rate

Funding earned: −$66.19
Price spread: +0.014% → 0.000%: $1.4
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Aster: 4 bp × 2 orders: −$8
Net: −$78.79
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Orderly: no order-book sample; Aster: live order book, 8 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 Orderly no order-book sample	—	—	—	—	—
Sell Aster live order book, 8 min ago	5.00 bp	72.7 bp −$73	doesn't fit	doesn't fit	doesn't fit

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
Backpack EDGE_USDC_PERP	−0.0488%	1h	0.5985	−0.087%	$59K	$120K	3.3x	as long as short
Lighter EDGE	+0.0096%	1h	0.5978	−0.204%	$44K	$22K	3x	as long as short
Bybit EDGEUSDT	+0.0100%	4h	0.5983	−0.117%	$7.2M	$3.4M	25x	as long as short
KuCoin EDGEUSDTM	+0.0100%	4h	0.5987	−0.050%	$2.1M	$2.2M	50x	as long as short
Bitget EDGEUSDT	+0.0100%	4h	0.5989	−0.017%	$4.8M	$1.1M	20x	as long as short
Variational Omni EDGE	+0.0100%	4h	0.5984	−0.101%	$189K	$144K	—	as long as short
GRVT EDGE_USDT_Perp	+0.0100%	4h	0.6003	+0.217%	$7K	$2.9M	10x	as long as short
ApeX Omni EDGEUSDT	+0.0100%	1h	0.6002	+0.200%	$9K	$295K	50x	as long as short
SunX EDGE-USDT	+0.0100%	4h	0.5956	−0.568%	$4K	$643K	10x	as long as short
Aster EDGEUSDTshort	+0.0299%	4h	0.5991	+0.014%	$53K	$156K	5x

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX EDGE-USDT-SWAP	+0.0454%	4h	0.5989	−0.017%	$3.7M	$6.1M	20x	as long as short
MEXC EDGE_USDT	+0.0468%	4h	0.5992	+0.033%	$1.1M	$801K	50x	as long as short
Binance EDGEUSDT	+0.0468%	4h	0.5993	+0.050%	$10.3M	$10.8M	50x	as long as short
Extended EDGE-USD	+0.0472%	1h	0.5990	+0.001%	$29K	$84K	5x	as long as short
edgeX EDGEUSDC	+0.0480%	4h	0.6003	+0.221%	$14.4M	$3.7M	30x	as long as short
BloFin EDGE-USDT	+0.0485%	4h	0.5992	+0.033%	$667K	$106K	50x	as long as short
Orderly PERP_EDGE_USDClong	+0.0614%	4h	0.5990	long leg	$2K	$1K	10x