Settings8H · net · $10k
Funding arb · Price arb /

EDGE

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Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.01 per $10,000 · paid last 24h −0.001%
Price spread now: Lighter against ApeX Omni−0.099%48s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.011%−$1 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.099% cheaper against ApeX Omni than usual: you would sell low and buy high, −$10 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni EDGEUSDT0.59850.0100pay 0.0013% / 1h30m 23s$9K$293K50x
ShortLighter EDGE0.59790.0096get 0.0012% / 1h30m 23s$50K$14K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against ApeX 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

Funding earned
−$0.84
Price spread: −0.099% → 0.000%
−$9.86
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Lighter: 0 bp × 2 orders
$0
Net
−$20.7
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: ApeX Omni: live order book, 42 min ago; Lighter: 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
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 42 min ago25.93 bp216.2 bp −$216doesn't fitdoesn't fitdoesn't fit
Sell Lighter no order-book sample
Lighter: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack EDGE_USDC_PERP−0.0003%1h0.5992+0.112%$57K$101K3.3xas long as short
Lighter EDGEshort+0.0096%1h0.5979−0.099%$50K$14K3x
Bybit EDGEUSDT+0.0100%4h0.5980−0.084%$7.1M$3.3M25xas long as short
KuCoin EDGEUSDTM+0.0100%4h0.5986+0.017%$2.1M$2.2M50xas long as short
Bitget EDGEUSDT+0.0100%4h0.5988+0.050%$4.8M$1.0M20xas long as short
Variational Omni EDGE+0.0100%4h0.5982−0.049%$191K$127Kas long as short
GRVT EDGE_USDT_Perp+0.0100%4h0.5982−0.050%$3K$1.9M10xas long as short
ApeX Omni EDGEUSDTlong+0.0100%1h0.5985long leg$9K$293K50x
SunX EDGE-USDT+0.0100%4h0.5950−0.585%$4K$615K10xas long as short
OKX EDGE-USDT-SWAP+0.0496%4h0.5992+0.117%$3.7M$5.9M20xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin EDGE-USDT+0.0536%4h0.5990+0.084%$652K$96K50xas long as short
edgeX EDGEUSDC+0.0550%4h0.5989+0.059%$14.3M$3.6M30xas long as short
Aster EDGEUSDT+0.0553%4h0.5991+0.107%$69K$133K5xas long as short
MEXC EDGE_USDT+0.0560%4h0.5994+0.150%$1.2M$913K50xas long as short
Binance EDGEUSDT+0.0567%4h0.5992+0.117%$10.2M$10.2M50xas long as short
Extended EDGE-USD+0.0568%1h0.5986+0.021%$27K$224K5xas long as short
Orderly PERP_EDGE_USDC+0.0760%4h0.5988+0.050%$3K10xas long as short