EDGE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0478%/8h= +52.3% APRnext payment +$2.39 per $10,000 · paid last 24h +0.121%

Price spread now: Orderly against SunX+0.354%57s7-day average — · you sell dearer than you buy

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

Long on SunX 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

Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Orderly is 0.354% dearer against SunX than usual: you sell high and buy low: +$35 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 57 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	SunX EDGE-USDT	0.5924	0.0100	pay 0.0050% / 4h	2h 34m	$4K	$631K	10x
Short	Orderly PERP_EDGE_USDC	0.5945	0.0578	get 0.0289% / 4h	2h 34m	$3K	$1K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against SunX. 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 SunXbpFee OrderlybpOrdersPrice spread, now +0.354%Rate

Funding earned: $100.28
Price spread: +0.354% → 0.000%: $35.45
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Orderly: 3 bp × 2 orders: −$6
Net: $121.73
Costs to cover: 0.140%
Break-even: from the start

Slippage unknown: SunX: live order book, 37 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 SunX live order book, 37 min ago	501.17 bp	doesn't fit	doesn't fit	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
Backpack EDGE_USDC_PERP	−0.0078%	1h	0.5955	+0.520%	$59K	$116K	3.3x	as long as short
Lighter EDGE	+0.0096%	1h	0.5950	+0.442%	$43K	$19K	3x	as long as short
Bybit EDGEUSDT	+0.0100%	4h	0.5930	+0.101%	$7.1M	$3.3M	25x	as long as short
KuCoin EDGEUSDTM	+0.0100%	4h	0.5947	+0.388%	$2.1M	$2.2M	50x	as long as short
Bitget EDGEUSDT	+0.0100%	4h	0.5942	+0.304%	$4.7M	$1.1M	20x	as long as short
Variational Omni EDGE	+0.0100%	4h	0.5949	+0.423%	$188K	$144K	—	as long as short
GRVT EDGE_USDT_Perp	+0.0100%	4h	0.5954	+0.506%	$9K	$2.7M	10x	as long as short
ApeX Omni EDGEUSDT	+0.0100%	1h	0.5965	+0.692%	$9K	$300K	50x	as long as short
SunX EDGE-USDTlong	+0.0100%	4h	0.5924	long leg	$4K	$631K	10x
Aster EDGEUSDT	+0.0356%	4h	0.5955	+0.524%	$53K	$155K	5x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX EDGEUSDC	+0.0442%	4h	0.5943	+0.325%	$14.2M	$3.6M	30x	as long as short
OKX EDGE-USDT-SWAP	+0.0445%	4h	0.5945	+0.354%	$3.7M	$5.9M	20x	as long as short
Extended EDGE-USD	+0.0456%	1h	0.5943	+0.328%	$27K	$86K	5x	as long as short
MEXC EDGE_USDT	+0.0458%	4h	0.5943	+0.321%	$1.0M	$814K	50x	as long as short
Binance EDGEUSDT	+0.0460%	4h	0.5944	+0.336%	$10.2M	$10.6M	50x	as long as short
BloFin EDGE-USDT	+0.0507%	4h	0.5961	+0.625%	$662K	$103K	50x	as long as short
Orderly PERP_EDGE_USDCshort	+0.0578%	4h	0.5945	+0.354%	$3K	$1K	10x