EDGE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0068%/8h= −7.4% APRnext payment −$0.34 per $10,000 · paid last 24h −0.032%

Price spread now: BloFin against Orderly+0.017%7-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 BloFin

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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_EDGE_USDC	0.5805	0.0465	pay 0.0233% / 4h	1h 58m	$3K	—	10x
Short	BloFin EDGE-USDT	0.5806	0.0398	get 0.0199% / 4h	1h 58m	$633K	$123K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now +0.017%Rate

Funding earned: −$14.23
Price spread: +0.017% → 0.000%: $1.72
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$30.51
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Orderly: no order-book sample; BloFin: live order book, 22 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 BloFin live order book, 22 min ago	0.85 bp	41.3 bp −$41	147.6 bp −$1,476	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
Lighter EDGE	+0.0096%	1h	0.5788	−0.286%	$54K	$8K	3x	as long as short
Bybit EDGEUSDT	+0.0100%	4h	0.5800	−0.086%	$6.9M	$3.3M	25x	as long as short
KuCoin EDGEUSDTM	+0.0100%	4h	0.5804	−0.017%	$2.1M	$2.3M	50x	as long as short
Bitget EDGEUSDT	+0.0100%	4h	0.5805	0.000%	$4.6M	$992K	20x	as long as short
Backpack EDGE_USDC_PERP	+0.0100%	1h	0.5804	−0.017%	$59K	$100K	3.3x	as long as short
Variational Omni EDGE	+0.0100%	4h	0.5779	−0.444%	$189K	$130K	—	as long as short
GRVT EDGE_USDT_Perp	+0.0100%	4h	0.5795	−0.176%	$2K	$1.7M	10x	as long as short
ApeX Omni EDGEUSDT	+0.0100%	1h	0.5785	−0.345%	$8K	$295K	50x	as long as short
SunX EDGE-USDT	+0.0100%	4h	0.5758	−0.810%	$3K	$604K	10x	as long as short
Aster EDGEUSDT	+0.0332%	4h	0.5808	+0.050%	$67K	$135K	5x	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	+0.0360%	1h	0.5805	−0.006%	$26K	$230K	5x	as long as short
MEXC EDGE_USDT	+0.0360%	4h	0.5807	+0.034%	$1.1M	$918K	50x	as long as short
Binance EDGEUSDT	+0.0361%	4h	0.5808	+0.051%	$9.9M	$10.0M	50x	as long as short
BloFin EDGE-USDTshort	+0.0398%	4h	0.5806	+0.017%	$633K	$123K	50x
edgeX EDGEUSDC	+0.0400%	4h	0.5802	−0.045%	$13.9M	$3.4M	30x	as long as short
OKX EDGE-USDT-SWAP	+0.0401%	4h	0.5810	+0.086%	$3.6M	$5.7M	20x	as long as short
Orderly PERP_EDGE_USDClong	+0.0465%	4h	0.5805	long leg	$3K	—	10x