EDGE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0468%/8h= +51.2% APRnext payment +$2.34 per $10,000 · paid last 24h +0.121%

Price spread now: Orderly against Variational Omni+0.076%7-day average — · you sell dearer than you buy

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

Long on Variational Omni Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Orderly is 0.076% dearer against Variational Omni than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni EDGE	0.5944	0.0100	pay 0.0050% / 4h	3h 52m	$189K	$136K	—
Short	Orderly PERP_EDGE_USDC	0.5949	0.0568	get 0.0284% / 4h	3h 52m	$3K	$359	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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 OrderlybpOrdersPrice spread, now +0.076%Rate

Funding earned: $98.23
Price spread: +0.076% → 0.000%: $7.64
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Orderly: 3 bp × 2 orders: −$6
Net: $99.87
Costs to cover: 0.060%
Break-even: from the start

Slippage unknown: Variational Omni: RFQ quote, 2 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 Variational Omni RFQ quote, 2 min ago	5.04 bp	doesn't fit	448.7 bp −$4,487	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
Lighter EDGE	+0.0096%	1h	0.5939	−0.087%	$43K	$19K	3x	as long as short
Bybit EDGEUSDT	+0.0100%	4h	0.5936	−0.142%	$7.1M	$3.4M	25x	as long as short
KuCoin EDGEUSDTM	+0.0100%	4h	0.5951	+0.110%	$2.1M	$2.2M	50x	as long as short
Bitget EDGEUSDT	+0.0100%	4h	0.5949	+0.076%	$4.7M	$1.1M	20x	as long as short
Backpack EDGE_USDC_PERP	+0.0100%	1h	0.5946	+0.029%	$58K	$110K	3.3x	as long as short
Variational Omni EDGElong	+0.0100%	4h	0.5944	long leg	$189K	$136K	—
ApeX Omni EDGEUSDT	+0.0100%	1h	0.5966	+0.362%	$9K	$305K	50x	as long as short
SunX EDGE-USDT	+0.0100%	4h	0.5915	−0.496%	$4K	$625K	10x	as long as short
GRVT EDGE_USDT_Perp	+0.0148%	4h	0.5965	+0.350%	$8K	$2.5M	10x	as long as short
Aster EDGEUSDT	+0.0463%	4h	0.5956	+0.192%	$58K	$152K	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	+0.0472%	1h	0.5941	−0.053%	$27K	$198K	5x	as long as short
MEXC EDGE_USDT	+0.0472%	4h	0.5946	+0.026%	$1.1M	$863K	50x	as long as short
Binance EDGEUSDT	+0.0474%	4h	0.5948	+0.058%	$10.2M	$10.5M	50x	as long as short
BloFin EDGE-USDT	+0.0480%	4h	0.5973	+0.480%	$660K	$103K	50x	as long as short
edgeX EDGEUSDC	+0.0489%	4h	0.5963	+0.304%	$14.3M	$3.6M	30x	as long as short
OKX EDGE-USDT-SWAP	+0.0528%	4h	0.5950	+0.093%	$3.7M	$5.8M	20x	as long as short
Orderly PERP_EDGE_USDCshort	+0.0568%	4h	0.5949	+0.076%	$3K	$359	10x