EDGE

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0408%/8h= +44.6% APRnext payment +$2.04 per $10,000 · paid last 24h +0.079%

Price spread now: Binance against Variational Omni+0.489%7-day average +0.057% · you sell dearer than you buy

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

Long on Variational Omni Short on Binance

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.136%+$14 on $10k

Price spread, last 4 days (all we have)−0.591%−$59 · spread now +0.489%, 7d avg +0.057%

Together, before fees−0.455%+ Points / potential airdropVariational Omni: Active · farm board−$45 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Binance is 0.431% dearer against Variational Omni than usual: you sell high and buy low: +$43 more if the spread goes back to its 7-day average of +0.057%.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.136% in total (about 14.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.04 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	Variational Omni EDGE	0.5914	0.0100	pay 0.0050% / 4h	2h 22m	$194K	$128K	—
Short	Binance EDGEUSDT	0.5942	0.0508	get 0.0254% / 4h	2h 22m	$10.1M	$10.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Variational Omni. 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 Variational OmnibpFee BinancebpOrdersPrice spread, now +0.489%Rate

Funding earned: $85.6
Price spread: +0.489% → +0.057%: $43.13
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Binance: 5 bp × 2 orders: −$10
Net: $118.73
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Variational Omni: RFQ quote, 46 min ago; Binance: live order book, 2 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 Variational Omni RFQ quote, 46 min ago	7.48 bp	doesn't fit	335.0 bp −$3,350	doesn't fit	doesn't fit
Sell Binance live order book, 2 min ago	1.69 bp	25.7 bp −$26	150.1 bp −$1,501	doesn't fit	doesn't fit

EDGE on 16 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	0.5930	+0.287%	$44K	$18K	3x	as long as short
Bybit EDGEUSDT	+0.0100%	4h	0.5928	+0.245%	$7.1M	$3.4M	25x	as long as short
KuCoin EDGEUSDTM	+0.0100%	4h	0.5926	+0.211%	$2.1M	$2.2M	50x	as long as short
Bitget EDGEUSDT	+0.0100%	4h	0.5924	+0.177%	$4.7M	$1.1M	20x	as long as short
Backpack EDGE_USDC_PERP	+0.0100%	1h	0.5932	+0.306%	$58K	$105K	3.3x	as long as short
Variational Omni EDGElong	+0.0100%	4h	0.5914	long leg	$194K	$128K	—
GRVT EDGE_USDT_Perp	+0.0100%	4h	0.5928	+0.244%	$6K	$2.0M	10x	as long as short
ApeX Omni EDGEUSDT	+0.0100%	1h	0.5931	+0.296%	$9K	$304K	50x	as long as short
SunX EDGE-USDT	+0.0100%	4h	0.5889	−0.415%	$4K	$620K	10x	as long as short
OKX EDGE-USDT-SWAP	+0.0488%	4h	0.5945	+0.532%	$3.7M	$5.8M	20x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended EDGE-USD	+0.0504%	1h	0.5941	+0.463%	$27K	$194K	5x	as long as short
edgeX EDGEUSDC	+0.0506%	4h	0.5937	+0.392%	$14.2M	$3.6M	30x	as long as short
Binance EDGEUSDTshort	+0.0508%	4h	0.5942	+0.489%	$10.1M	$10.4M	50x
MEXC EDGE_USDT	+0.0510%	4h	0.5938	+0.414%	$1.2M	$912K	50x	as long as short
Aster EDGEUSDT	+0.0515%	4h	0.5930	+0.280%	$68K	$132K	5x	as long as short
Orderly PERP_EDGE_USDC	+0.0716%	4h	0.5921	+0.126%	$3K	—	10x	as long as short