Settings8H · net · $10k
Funding arb · Price arb /

EDGE

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h +0.001%
Price spread now: ApeX Omni against Lighter+0.170%78s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.011%+$1 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.170% dearer against Lighter than usual: you sell high and buy low, +$17 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 78 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter EDGE0.59500.0096pay 0.0012% / 1h20m 16s$55K$8K3x
ShortApeX Omni EDGEUSDT0.59600.0100get 0.0013% / 1h20m 16s$9K$288K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Lighter. 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

Funding earned
$0.84
Price spread: +0.170% → 0.000%
$16.98
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
$7.82
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Lighter: no order-book sample; ApeX Omni: live order book, 57 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter no order-book sample
Sell ApeX Omni live order book, 57 min ago19.56 bp195.9 bp −$196doesn't fitdoesn't fitdoesn't fit
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack EDGE_USDC_PERP−0.0042%1h0.5966+0.262%$58K$101K3.3xas long as short
Lighter EDGElong+0.0096%1h0.5950long leg$55K$8K3x
Bybit EDGEUSDT+0.0100%4h0.5960+0.170%$7.1M$3.3M25xas long as short
Bitget EDGEUSDT+0.0100%4h0.5966+0.271%$4.7M$1.0M20xas long as short
Variational Omni EDGE+0.0100%4h0.5956+0.097%$192K$131Kas long as short
GRVT EDGE_USDT_Perp+0.0100%4h0.5955+0.088%$7K$1.8M10xas long as short
ApeX Omni EDGEUSDTshort+0.0100%1h0.5960+0.170%$9K$288K50x
SunX EDGE-USDT+0.0100%4h0.5928−0.368%$3K$613K10xas long as short
KuCoin EDGEUSDTM+0.0136%4h0.5962+0.203%$2.1M$2.2M50xas long as short
Aster EDGEUSDT+0.0578%4h0.5956+0.108%$69K$133K5xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC EDGE_USDT+0.0580%4h0.5969+0.321%$1.2M$916K50xas long as short
Binance EDGEUSDT+0.0581%4h0.5969+0.327%$10.1M$10.1M50xas long as short
Extended EDGE-USD+0.0584%1h0.5965+0.260%$27K$230K5xas long as short
BloFin EDGE-USDT+0.0618%4h0.5958+0.136%$646K$112K50xas long as short
OKX EDGE-USDT-SWAP+0.0676%4h0.5966+0.271%$3.7M$5.9M20xas long as short
edgeX EDGEUSDC+0.0679%4h0.5956+0.101%$14.2M$3.5M30xas long as short
Orderly PERP_EDGE_USDC+0.0692%4h0.5962+0.203%$3K10xas long as short