Funding you earn now, next payment 02:00 UTC−0.0412%/8h= −45.1% APRpaid last 24h −0.070%
Price spread now: Variational Omni against Extended−0.058%7-day average −0.001% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.124%−$12 on $10k
+Price spread, last 4 days (all we have)+0.207%+$21 · spread now −0.058%, 7d avg −0.001%
=Together, before fees+0.083%+ Points / potential airdropExtended: Active · Variational Omni: Active · farm board+$8 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 0.057% cheaper against Extended than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.001%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.124% in total (about -13.3% a year). A funding rate is set anew for every payment. 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 | Extended EDGE-USD | 0.5917 | 0.0512 | pay 0.0064% / 1h | 23m 27s | $27K | $194K | 5x |
| Short | Variational Omni EDGE | 0.5914 | 0.0100 | get 0.0050% / 4h | 2h 23m | $194K | $128K | — |
Extended EDGE-USD
Variational Omni EDGEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Extended. 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
- −$86.52
- Price spread: −0.058% → −0.001%
- −$5.66
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$97.18
- Costs to cover
- 0.050%
- Break-even
- never at this rate
Slippage unknown: Extended: live order book, 43 min ago; Variational Omni: RFQ quote, 46 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 Extended live order book, 43 min ago | 3.42 bp | 61.2 bp −$61 | 498.0 bp −$4,980 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 46 min ago | 7.48 bp | doesn't fit | 333.3 bp −$3,333 | doesn't fit | doesn't fit |
EDGE on 16 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 | 0.5909 | −0.132% | $44K | $18K | 3x | as long as short |
| Bybit EDGEUSDT | +0.0100% | 4h | 0.5911 | −0.100% | $7.1M | $3.4M | 25x | as long as short |
| KuCoin EDGEUSDTM | +0.0100% | 4h | 0.5918 | +0.018% | $2.1M | $2.2M | 50x | as long as short |
| Bitget EDGEUSDT | +0.0100% | 4h | 0.5916 | −0.016% | $4.7M | $1.1M | 20x | as long as short |
| Backpack EDGE_USDC_PERP | +0.0100% | 1h | 0.5919 | +0.030% | $58K | $105K | 3.3x | as long as short |
| Variational Omni EDGEshort | +0.0100% | 4h | 0.5914 | −0.058% | $194K | $128K | — | |
| GRVT EDGE_USDT_Perp | +0.0100% | 4h | 0.5928 | +0.186% | $6K | $2.0M | 10x | as long as short |
| ApeX Omni EDGEUSDT | +0.0100% | 1h | 0.5931 | +0.238% | $9K | $304K | 50x | as long as short |
| SunX EDGE-USDT | +0.0100% | 4h | 0.5884 | −0.557% | $4K | $620K | 10x | as long as short |
| OKX EDGE-USDT-SWAP | +0.0488% | 4h | 0.5924 | +0.119% | $3.7M | $5.8M | 20x | as long as short |
Lighter EDGE
Bybit EDGEUSDT
KuCoin EDGEUSDTM
Bitget EDGEUSDT
Backpack EDGE_USDC_PERP
GRVT EDGE_USDT_Perp
ApeX Omni EDGEUSDT
SunX EDGE-USDT
OKX EDGE-USDT-SWAPShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX EDGEUSDC | +0.0506% | 4h | 0.5937 | +0.334% | $14.2M | $3.6M | 30x | as long as short |
| Binance EDGEUSDT | +0.0508% | 4h | 0.5920 | +0.052% | $10.1M | $10.4M | 50x | as long as short |
| MEXC EDGE_USDT | +0.0510% | 4h | 0.5922 | +0.086% | $1.1M | $912K | 50x | as long as short |
| Extended EDGE-USDlong | +0.0512% | 1h | 0.5917 | long leg | $27K | $194K | 5x | |
| Aster EDGEUSDT | +0.0515% | 4h | 0.5921 | +0.065% | $68K | $132K | 5x | as long as short |
| Orderly PERP_EDGE_USDC | +0.0723% | 4h | 0.5916 | −0.016% | $3K | — | 10x | as long as short |
edgeX EDGEUSDC
Binance EDGEUSDT
MEXC EDGE_USDT
Aster EDGEUSDT
Orderly PERP_EDGE_USDC