Funding you earn now, next payment 01:00 UTC+0.0440%/8h= +48.2% APRpaid last 24h +0.078%
Price spread now: BloFin against Lighter+0.207%60s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.236%+$24 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 for this trade now. Funding pays +$13 a day on $10k at the current rate, and BloFin is 0.207% dearer against Lighter than usual: you sell high and buy low: +$21 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 60 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.236% in total (about 12.3% 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 | Lighter EDGE | 0.5978 | 0.0096 | pay 0.0012% / 1h | 29m 56s | $50K | $14K | 3x |
| Short | BloFin EDGE-USDT | 0.5990 | 0.0536 | get 0.0268% / 4h | 3h 29m | $652K | $96K | 50x |
Lighter EDGE
BloFin EDGE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Lighter. 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
- $92.44
- Price spread: +0.207% → 0.000%
- $20.74
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $101.18
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Lighter: no order-book sample; BloFin: live order book, 42 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 Lighter no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 42 min ago | 5.04 bp | 24.4 bp −$24 | 97.6 bp −$976 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Backpack EDGE_USDC_PERP | +0.0013% | 1h | 0.5991 | +0.221% | $57K | $101K | 3.3x | as long as short |
| Lighter EDGElong | +0.0096% | 1h | 0.5978 | long leg | $50K | $14K | 3x | |
| Bybit EDGEUSDT | +0.0100% | 4h | 0.5978 | +0.007% | $7.1M | $3.3M | 25x | as long as short |
| KuCoin EDGEUSDTM | +0.0100% | 4h | 0.5986 | +0.141% | $2.1M | $2.2M | 50x | as long as short |
| Bitget EDGEUSDT | +0.0100% | 4h | 0.5983 | +0.090% | $4.8M | $1.0M | 20x | as long as short |
| Variational Omni EDGE | +0.0100% | 4h | 0.5982 | +0.075% | $191K | $127K | — | as long as short |
| GRVT EDGE_USDT_Perp | +0.0100% | 4h | 0.5982 | +0.074% | $3K | $1.9M | 10x | as long as short |
| ApeX Omni EDGEUSDT | +0.0100% | 1h | 0.5985 | +0.124% | $9K | $293K | 50x | as long as short |
| SunX EDGE-USDT | +0.0100% | 4h | 0.5950 | −0.462% | $4K | $615K | 10x | as long as short |
| OKX EDGE-USDT-SWAP | +0.0496% | 4h | 0.5985 | +0.124% | $3.7M | $5.9M | 20x | 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
OKX EDGE-USDT-SWAPShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin EDGE-USDTshort | +0.0536% | 4h | 0.5990 | +0.207% | $652K | $96K | 50x | |
| edgeX EDGEUSDC | +0.0550% | 4h | 0.5989 | +0.182% | $14.3M | $3.6M | 30x | as long as short |
| Aster EDGEUSDT | +0.0553% | 4h | 0.5991 | +0.231% | $69K | $133K | 5x | as long as short |
| MEXC EDGE_USDT | +0.0560% | 4h | 0.5992 | +0.241% | $1.2M | $913K | 50x | as long as short |
| Binance EDGEUSDT | +0.0567% | 4h | 0.5987 | +0.157% | $10.2M | $10.2M | 50x | as long as short |
| Extended EDGE-USD | +0.0568% | 1h | 0.5981 | +0.053% | $27K | $224K | 5x | as long as short |
| Orderly PERP_EDGE_USDC | +0.0760% | 4h | 0.5988 | +0.174% | $3K | — | 10x | as long as short |
edgeX EDGEUSDC
Aster EDGEUSDT
MEXC EDGE_USDT
Binance EDGEUSDT
Extended EDGE-USD
Orderly PERP_EDGE_USDC