EDGE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0410%/8h= −44.9% APRnext payment −$2.05 per $10,000 · paid last 24h −0.102%

Price spread now: Variational Omni against BloFin−1.228%86s7-day average −0.126% · you buy dearer than you sell

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

Long on BloFin Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.147%−$15 on $10k

Price spread, last 4 days (all we have)+0.968%+$97 · spread now −1.228%, 7d avg −0.126%

Together, before fees+0.820%+ Points / potential airdropVariational Omni: Active · farm board+$82 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Variational Omni is 1.102% cheaper against BloFin than usual: you would sell low and buy high (−$110 if the spread goes back to its 7-day average of −0.126%). Swap the legs. The two prices were read 86 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	0.6025	0.0510	pay 0.0255% / 4h	2h 11m	$658K	$104K	50x
Short	Variational Omni EDGE	0.5951	0.0100	get 0.0050% / 4h	2h 11m	$188K	$144K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against BloFin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 BloFinbpFee Variational OmnibpOrdersPrice spread, now −1.228%Rate

Funding earned: −$86.07
Price spread: −1.228% → −0.126%: −$110.19
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$208.26
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: BloFin: live order book, 15 min ago; Variational Omni: RFQ quote, 37 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 BloFin live order book, 15 min ago	9.29 bp	25.9 bp −$26	139.9 bp −$1,399	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 37 min ago	5.89 bp	doesn't fit	324.2 bp −$3,242	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
Lighter EDGE	+0.0096%	1h	0.6007	−0.302%	$44K	$19K	3x	as long as short
Bybit EDGEUSDT	+0.0100%	4h	0.6006	−0.315%	$7.2M	$3.3M	25x	as long as short
KuCoin EDGEUSDTM	+0.0100%	4h	0.6017	−0.133%	$2.2M	$2.2M	50x	as long as short
Bitget EDGEUSDT	+0.0100%	4h	0.6005	−0.332%	$4.8M	$1.1M	20x	as long as short
Backpack EDGE_USDC_PERP	+0.0100%	1h	0.6014	−0.186%	$60K	$119K	3.3x	as long as short
Variational Omni EDGEshort	+0.0100%	4h	0.5951	−1.228%	$188K	$144K	—
GRVT EDGE_USDT_Perp	+0.0100%	4h	0.5971	−0.904%	$3K	$2.8M	10x	as long as short
ApeX Omni EDGEUSDT	+0.0100%	1h	0.5968	−0.946%	$9K	$295K	50x	as long as short
SunX EDGE-USDT	+0.0100%	4h	0.5976	−0.813%	$4K	$637K	10x	as long as short
Aster EDGEUSDT	+0.0354%	4h	0.6013	−0.199%	$53K	$156K	5x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC EDGE_USDT	+0.0468%	4h	0.6018	−0.116%	$1.1M	$823K	50x	as long as short
edgeX EDGEUSDC	+0.0476%	4h	0.5969	−0.935%	$14.3M	$3.6M	30x	as long as short
Extended EDGE-USD	+0.0480%	1h	0.6012	−0.211%	$27K	$87K	5x	as long as short
Binance EDGEUSDT	+0.0482%	4h	0.6015	−0.166%	$10.4M	$10.7M	50x	as long as short
OKX EDGE-USDT-SWAP	+0.0500%	4h	0.6020	−0.083%	$3.8M	$6.1M	20x	as long as short
BloFin EDGE-USDTlong	+0.0510%	4h	0.6025	long leg	$658K	$104K	50x
Orderly PERP_EDGE_USDC	+0.0604%	4h	0.6017	−0.133%	$3K	$1K	10x	as long as short