Spread before costs (cost unknown: a leg has no order-book sample)−0.853%
7d average+0.107%if it closes, per $10,000$85funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack EDGE_USDC_PERP | 0.6048 | 0.0100 | pay 0.0013% / 1h | 42m 08s | $60K | $111K | 3.3x |
| Short | Variational Omni EDGE | 0.5997 | 0.0100 | get 0.0050% / 4h | 2h 42m | $200K | $87K | — |
Backpack EDGE_USDC_PERP
Variational Omni EDGEPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$85.3
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$95.3
- Spread needed to break even
- 0.100%
Slippage unknown: Backpack: live order book, 13 min ago; Variational Omni: RFQ quote, 63 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- Average in range /8h
- —
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 Backpack live order book, 13 min ago | 4.91 bp | 21.2 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 63 min ago | 5.86 bp | doesn't fit | 330.7 bp −$3,307 | doesn't fit | doesn't fit |
EDGE price on every exchange
against the cheapest. Click to use as the short leg.Variational Omni0.5997cheapest
edgeX0.6026+0.488%Lighter0.6029+0.543%Bybit0.6043+0.772%Aster0.6046+0.817%Binance0.6046+0.821%MEXC0.6047+0.839%
Lighter
Bybit
Aster
Binance
MEXCBackpack0.6048+0.860%
Orderly0.6050+0.889%Extended0.6051+0.905%Bitget0.6051+0.905%KuCoin0.6060+1.055%OKX0.6061+1.072%ApeX Omni0.6067+1.172%BloFin0.6076+1.322%SunX0.6331+5.575%
Orderly
Extended
Bitget
KuCoin
OKX
ApeX Omni
BloFin
SunXEDGE on 16 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni EDGEshort | −0.853% | +0.0100% | 4h | $200K | $87K | — | |
| edgeX EDGEUSDC | −0.369% | +0.0418% | 4h | $14.4M | $3.4M | 30x | as long as short |
| Lighter EDGE | −0.314% | +0.0096% | 1h | $56K | $9K | 3x | as long as short |
| Bybit EDGEUSDT | −0.088% | +0.0100% | 4h | $7.1M | $3.1M | 25x | as long as short |
| Aster EDGEUSDT | −0.043% | +0.0777% | 4h | $78K | $132K | 5x | as long as short |
| Binance EDGEUSDT | −0.039% | +0.0660% | 4h | $10.3M | $9.5M | 50x | as long as short |
| MEXC EDGE_USDT | −0.021% | +0.0660% | 4h | $1.3M | $890K | 50x | as long as short |
| Backpack EDGE_USDC_PERPlong | 0.000% | +0.0100% | 1h | $60K | $111K | 3.3x | |
| Orderly PERP_EDGE_USDC | +0.028% | +0.0772% | 4h | $3K | — | 10x | as long as short |
| Extended EDGE-USD | +0.045% | +0.0664% | 1h | $27K | $230K | 5x | as long as short |
Show all 16 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget EDGEUSDT | +0.045% | +0.0100% | 4h | $4.8M | $920K | 20x | as long as short |
| KuCoin EDGEUSDTM | +0.193% | +0.0100% | 4h | $2.1M | $2.2M | 50x | as long as short |
| OKX EDGE-USDT-SWAP | +0.210% | +0.0461% | 4h | $3.7M | $5.7M | 20x | as long as short |
| ApeX Omni EDGEUSDT | +0.309% | +0.0100% | 1h | $2K | $289K | 50x | as long as short |
| BloFin EDGE-USDT | +0.458% | +0.0647% | 4h | $667K | $126K | 50x | as long as short |
| SunX EDGE-USDT | +4.674% | +0.0100% | 4h | $4K | $565K | 10x | as long as short |