Funding you earn now, next payment 06:00 UTC−0.0333%/8h= −36.4% APRpaid last 24h −0.104%
Price spread now: Lighter against BloFin−0.389%60s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.260%−$26 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Lighter is 0.389% cheaper against BloFin than usual: you would sell low and buy high (−$39 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 60 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin EDGE-USDT | 0.5912 | 0.0429 | pay 0.0214% / 4h | 2h 27m | $655K | $102K | 50x |
| Short | Lighter EDGE | 0.5889 | 0.0096 | get 0.0012% / 1h | 27m 55s | $43K | $19K | 3x |
BloFin EDGE-USDT
Lighter EDGEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against BloFin. 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
- −$69.9
- Price spread: −0.389% → 0.000%
- −$38.9
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$120.8
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 64 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BloFin live order book, 64 min ago | 3.35 bp | 29.5 bp −$30 | 146.9 bp −$1,469 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Backpack EDGE_USDC_PERP | −0.0193% | 1h | 0.5894 | −0.311% | $58K | $117K | 3.3x | as long as short |
| Lighter EDGEshort | +0.0096% | 1h | 0.5889 | −0.389% | $43K | $19K | 3x | |
| Bybit EDGEUSDT | +0.0100% | 4h | 0.5889 | −0.389% | $7.1M | $3.3M | 25x | as long as short |
| KuCoin EDGEUSDTM | +0.0100% | 4h | 0.5895 | −0.288% | $2.1M | $2.2M | 50x | as long as short |
| Bitget EDGEUSDT | +0.0100% | 4h | 0.5894 | −0.304% | $4.7M | $1.1M | 20x | as long as short |
| Variational Omni EDGE | +0.0100% | 4h | 0.5894 | −0.303% | $186K | $144K | — | as long as short |
| GRVT EDGE_USDT_Perp | +0.0100% | 4h | 0.5910 | −0.031% | $6K | $2.8M | 10x | as long as short |
| ApeX Omni EDGEUSDT | +0.0100% | 1h | 0.5904 | −0.135% | $9K | $300K | 50x | as long as short |
| SunX EDGE-USDT | +0.0100% | 4h | 0.5860 | −0.880% | $3K | $633K | 10x | as long as short |
| Aster EDGEUSDT | +0.0337% | 4h | 0.5902 | −0.161% | $52K | $155K | 5x | as long as short |
Backpack EDGE_USDC_PERP
Bybit EDGEUSDT
KuCoin EDGEUSDTM
Bitget EDGEUSDT
Variational Omni EDGE
GRVT EDGE_USDT_Perp
ApeX Omni EDGEUSDT
SunX EDGE-USDT
Aster EDGEUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin EDGE-USDTlong | +0.0429% | 4h | 0.5912 | long leg | $655K | $102K | 50x | |
| MEXC EDGE_USDT | +0.0444% | 4h | 0.5897 | −0.254% | $1.1M | $822K | 50x | as long as short |
| Binance EDGEUSDT | +0.0445% | 4h | 0.5898 | −0.242% | $10.1M | $10.6M | 50x | as long as short |
| Extended EDGE-USD | +0.0448% | 1h | 0.5893 | −0.324% | $27K | $86K | 5x | as long as short |
| edgeX EDGEUSDC | +0.0454% | 4h | 0.5934 | +0.371% | $14.2M | $3.6M | 30x | as long as short |
| OKX EDGE-USDT-SWAP | +0.0458% | 4h | 0.5896 | −0.271% | $3.7M | $5.9M | 20x | as long as short |
| Orderly PERP_EDGE_USDC | +0.0582% | 4h | 0.5899 | −0.220% | $3K | $1K | 10x | as long as short |
MEXC EDGE_USDT
Binance EDGEUSDT
Extended EDGE-USD
edgeX EDGEUSDC
OKX EDGE-USDT-SWAP
Orderly PERP_EDGE_USDC