EDGE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0482%/8h= −52.8% APRnext payment −$2.41 per $10,000 · paid last 24h −0.082%

Price spread now: SunX against Orderly−0.782%7-day average — · you buy dearer than you sell

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

Long on Orderly Short on SunX

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

Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and SunX is 0.782% cheaper against Orderly than usual: you would sell low and buy high (−$78 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_EDGE_USDC	0.5885	0.0582	pay 0.0291% / 4h	1h 06m	$3K	—	10x
Short	SunX EDGE-USDT	0.5839	0.0100	get 0.0050% / 4h	1h 06m	$3K	$611K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.782%Rate

Funding earned: −$101.27
Price spread: −0.782% → 0.000%: −$78.16
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee SunX: 4 bp × 2 orders: −$8
Net: −$193.44
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Orderly: no order-book sample; SunX: live order book, 65 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 SunX live order book, 65 min ago	500.64 bp	doesn't fit	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
Lighter EDGE	+0.0096%	1h	0.5872	−0.224%	$55K	$8K	3x	as long as short
Bybit EDGEUSDT	+0.0100%	4h	0.5881	−0.068%	$7.0M	$3.3M	25x	as long as short
Bitget EDGEUSDT	+0.0100%	4h	0.5886	+0.017%	$4.7M	$998K	20x	as long as short
Backpack EDGE_USDC_PERP	+0.0100%	1h	0.5889	+0.070%	$60K	$100K	3.3x	as long as short
Variational Omni EDGE	+0.0100%	4h	0.5864	−0.353%	$191K	$130K	—	as long as short
GRVT EDGE_USDT_Perp	+0.0100%	4h	0.5873	−0.200%	$12K	$1.8M	10x	as long as short
ApeX Omni EDGEUSDT	+0.0100%	1h	0.5886	+0.017%	$8K	$294K	50x	as long as short
SunX EDGE-USDTshort	+0.0100%	4h	0.5839	−0.782%	$3K	$611K	10x
KuCoin EDGEUSDTM	+0.0212%	4h	0.5884	−0.017%	$2.1M	$2.3M	50x	as long as short
BloFin EDGE-USDT	+0.0485%	4h	0.5892	+0.119%	$635K	$126K	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	+0.0488%	1h	0.5890	+0.082%	$27K	$230K	5x	as long as short
MEXC EDGE_USDT	+0.0488%	4h	0.5890	+0.085%	$1.2M	$921K	50x	as long as short
Binance EDGEUSDT	+0.0499%	4h	0.5891	+0.102%	$10.0M	$10.1M	50x	as long as short
Aster EDGEUSDT	+0.0508%	4h	0.5877	−0.134%	$68K	$136K	5x	as long as short
edgeX EDGEUSDC	+0.0543%	4h	0.5877	−0.143%	$14.0M	$3.4M	30x	as long as short
OKX EDGE-USDT-SWAP	+0.0581%	4h	0.5895	+0.170%	$3.6M	$5.8M	20x	as long as short
Orderly PERP_EDGE_USDClong	+0.0582%	4h	0.5885	long leg	$3K	—	10x