EDGE

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0082%/8h= −9.0% APRnext payment −$0.41 per $10,000 · paid last 24h −0.006%

Price spread now: Variational Omni against KuCoin+0.152%7-day average −0.054% · you sell dearer than you buy

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

Long on KuCoin Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.006%−$1 on $10k

Price spread, last 4 days (all we have)−0.177%−$18 · spread now +0.152%, 7d avg −0.054%

Together, before fees−0.183%+ Points / potential airdropVariational Omni: Active · farm board−$18 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Variational Omni is 0.206% dearer against KuCoin than usual: you sell high and buy low (spread +0.152% now, against its 7-day average of −0.054%): +$21 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 8.4 days. At the pace of the last 4 days (−0.006% in total) that is about 4 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin EDGEUSDTM	0.5920	0.0182	pay 0.0091% / 4h	1h 51m	$2.1M	$2.2M	50x
Short	Variational Omni EDGE	0.5929	0.0100	get 0.0050% / 4h	1h 51m	$187K	$140K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

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

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

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 KuCoinbpFee Variational OmnibpOrdersPrice spread, now +0.152%Rate

Funding earned: −$17.22
Price spread: +0.152% → −0.054%: $20.6
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$8.62
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: KuCoin: live order book, 3 min ago; Variational Omni: RFQ quote, 60 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 KuCoin live order book, 3 min ago	5.05 bp	109.0 bp −$109	990.8 bp −$9,908	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 60 min ago	6.74 bp	doesn't fit	328.8 bp −$3,288	doesn't fit	doesn't fit

EDGE on 17 exchanges

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	0.5902	−0.301%	$43K	$18K	3x	as long as short
Bybit EDGEUSDT	+0.0100%	4h	0.5910	−0.169%	$7.1M	$3.2M	25x	as long as short
Bitget EDGEUSDT	+0.0100%	4h	0.5917	−0.051%	$4.7M	$1.0M	20x	as long as short
Variational Omni EDGEshort	+0.0100%	4h	0.5929	+0.152%	$187K	$140K	—
GRVT EDGE_USDT_Perp	+0.0100%	4h	0.5935	+0.253%	$2K	$3.6M	10x	as long as short
ApeX Omni EDGEUSDT	+0.0100%	1h	0.5938	+0.304%	$9K	$274K	50x	as long as short
SunX EDGE-USDT	+0.0100%	4h	0.5888	−0.541%	$3K	$617K	10x	as long as short
KuCoin EDGEUSDTMlong	+0.0182%	4h	0.5920	long leg	$2.1M	$2.2M	50x
OKX EDGE-USDT-SWAP	+0.0382%	4h	0.5910	−0.169%	$3.7M	$5.6M	20x	as long as short
Aster EDGEUSDT	+0.0428%	4h	0.5918	−0.034%	$59K	$144K	5x	as long as short

Show all 17 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX EDGEUSDC	+0.0436%	4h	0.5937	+0.285%	$14.3M	$3.8M	30x	as long as short
Binance EDGEUSDT	+0.0490%	4h	0.5911	−0.152%	$10.3M	$10.5M	50x	as long as short
MEXC EDGE_USDT	+0.0502%	4h	0.5912	−0.135%	$1.1M	$684K	50x	as long as short
Extended EDGE-USD	+0.0504%	1h	0.5909	−0.185%	$27K	$272K	5x	as long as short
Backpack EDGE_USDC_PERP	+0.0512%	1h	0.5915	−0.093%	$60K	$114K	3.3x	as long as short
BloFin EDGE-USDT	+0.0518%	4h	0.5928	+0.135%	$672K	$105K	50x	as long as short
Orderly PERP_EDGE_USDC	+0.0644%	4h	0.5914	−0.101%	$2K	$1K	10x	as long as short