Funding you earn now, next payment 04:00 UTC−0.0498%/8h= −54.5% APRnext payment −$2.49 per $10,000 · paid last 24h −0.079%
Price spread now: SunX against Binance−0.651%56s7-day average +0.444% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.246%−$25 on $10k
+Price spread, last 3 days (all we have)+2.236%+$224 · spread now −0.651%, 7d avg +0.444%
=Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and SunX is 1.095% cheaper against Binance than usual: you would sell low and buy high (−$109 if the spread goes back to its 7-day average of +0.444%). Swap the legs. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.246% in total (about -12.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.49 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 | Binance EDGEUSDT | 0.5989 | 0.0598 | pay 0.0299% / 4h | 3h 36m | $10.2M | $10.2M | 50x |
| Short | SunX EDGE-USDT | 0.5950 | 0.0100 | get 0.0050% / 4h | 3h 36m | $3K | $615K | 10x |
Binance EDGEUSDT
SunX EDGE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$104.58
- Price spread: −0.651% → +0.444%
- −$109.49
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$232.06
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 3 min ago; SunX: live order book, 15 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 Binance live order book, 3 min ago | 1.67 bp | 32.0 bp −$32 | 193.9 bp −$1,939 | doesn't fit | doesn't fit |
| Sell SunX live order book, 15 min ago | 500.88 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
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 | +0.0017% | 1h | 0.5993 | +0.072% | $57K | $101K | 3.3x | as long as short |
| Lighter EDGE | +0.0096% | 1h | 0.5978 | −0.177% | $50K | $14K | 3x | as long as short |
| Bybit EDGEUSDT | +0.0100% | 4h | 0.5982 | −0.117% | $7.1M | $3.3M | 25x | as long as short |
| KuCoin EDGEUSDTM | +0.0100% | 4h | 0.5988 | −0.017% | $2.1M | $2.2M | 50x | as long as short |
| Bitget EDGEUSDT | +0.0100% | 4h | 0.5989 | 0.000% | $4.8M | $1.0M | 20x | as long as short |
| Variational Omni EDGE | +0.0100% | 4h | 0.5992 | +0.043% | $191K | $127K | — | as long as short |
| GRVT EDGE_USDT_Perp | +0.0100% | 4h | 0.5984 | −0.083% | $3K | $1.9M | 10x | as long as short |
| ApeX Omni EDGEUSDT | +0.0100% | 1h | 0.5989 | 0.000% | $9K | $293K | 50x | as long as short |
| SunX EDGE-USDTshort | +0.0100% | 4h | 0.5950 | −0.651% | $3K | $615K | 10x | |
| OKX EDGE-USDT-SWAP | +0.0550% | 4h | 0.5992 | +0.050% | $3.7M | $5.9M | 20x | as long as short |
Backpack EDGE_USDC_PERP
Lighter EDGE
Bybit EDGEUSDT
KuCoin EDGEUSDTM
Bitget EDGEUSDT
Variational Omni EDGE
GRVT EDGE_USDT_Perp
ApeX Omni EDGEUSDT
OKX EDGE-USDT-SWAPShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster EDGEUSDT | +0.0586% | 4h | 0.5993 | +0.071% | $69K | $133K | 5x | as long as short |
| edgeX EDGEUSDC | +0.0588% | 4h | 0.5995 | +0.104% | $14.3M | $3.6M | 30x | as long as short |
| MEXC EDGE_USDT | +0.0596% | 4h | 0.5989 | 0.000% | $1.2M | $912K | 50x | as long as short |
| Binance EDGEUSDTlong | +0.0598% | 4h | 0.5989 | long leg | $10.2M | $10.2M | 50x | |
| Extended EDGE-USD | +0.0600% | 1h | 0.5984 | −0.079% | $27K | $224K | 5x | as long as short |
| BloFin EDGE-USDT | +0.0623% | 4h | 0.5995 | +0.100% | $644K | $96K | 50x | as long as short |
| Orderly PERP_EDGE_USDC | +0.0778% | 4h | 0.5988 | −0.017% | $3K | — | 10x | as long as short |
Aster EDGEUSDT
edgeX EDGEUSDC
MEXC EDGE_USDT
Extended EDGE-USD
BloFin EDGE-USDT
Orderly PERP_EDGE_USDC