Funding you earn now, next payment 23:00 UTC+0.0454%/8h= +49.7% APRpaid last 24h +0.016%
Price spread now: edgeX against Lighter+0.292%109s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.068%+$7 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · edgeX: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and edgeX is 0.292% dearer against Lighter than usual: you sell high and buy low: +$29 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 109 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 0.068% in total (about 3.5% 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 | 0.5857 | 0.0096 | pay 0.0012% / 1h | 13m 45s | $54K | $8K | 3x |
| Short | edgeX EDGEUSDC | 0.5875 | 0.0550 | get 0.0275% / 4h | 1h 13m | $14.0M | $3.4M | 30x |
Lighter EDGE
edgeX EDGEUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $95.24
- Price spread: +0.292% → 0.000%
- $29.2
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $115.45
- Costs to cover
- 0.090%
- Break-even
- from the start
Slippage unknown: Lighter: no order-book sample; edgeX: live order book, 5 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 edgeX live order book, 5 min ago | 5.10 bp | 37.8 bp −$38 | 148.6 bp −$1,486 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter EDGElong | +0.0096% | 1h | 0.5857 | long leg | $54K | $8K | 3x | |
| Bybit EDGEUSDT | +0.0100% | 4h | 0.5861 | +0.060% | $6.9M | $3.3M | 25x | as long as short |
| Bitget EDGEUSDT | +0.0100% | 4h | 0.5872 | +0.248% | $4.7M | $999K | 20x | as long as short |
| Backpack EDGE_USDC_PERP | +0.0100% | 1h | 0.5869 | +0.203% | $60K | $100K | 3.3x | as long as short |
| Variational Omni EDGE | +0.0100% | 4h | 0.5862 | +0.081% | $191K | $130K | — | as long as short |
| GRVT EDGE_USDT_Perp | +0.0100% | 4h | 0.5871 | +0.236% | $12K | $1.8M | 10x | as long as short |
| ApeX Omni EDGEUSDT | +0.0100% | 1h | 0.5878 | +0.350% | $8K | $294K | 50x | as long as short |
| SunX EDGE-USDT | +0.0100% | 4h | 0.5828 | −0.504% | $3K | $610K | 10x | as long as short |
| KuCoin EDGEUSDTM | +0.0168% | 4h | 0.5868 | +0.179% | $2.1M | $2.3M | 50x | as long as short |
| BloFin EDGE-USDT | +0.0439% | 4h | 0.5872 | +0.248% | $632K | $125K | 50x | as long as short |
Bybit EDGEUSDT
Bitget EDGEUSDT
Backpack EDGE_USDC_PERP
Variational Omni EDGE
GRVT EDGE_USDT_Perp
ApeX Omni EDGEUSDT
SunX EDGE-USDT
KuCoin EDGEUSDTM
BloFin EDGE-USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended EDGE-USD | +0.0472% | 1h | 0.5869 | +0.201% | $27K | $230K | 5x | as long as short |
| MEXC EDGE_USDT | +0.0472% | 4h | 0.5875 | +0.299% | $1.2M | $921K | 50x | as long as short |
| Binance EDGEUSDT | +0.0476% | 4h | 0.5874 | +0.282% | $10.0M | $10.1M | 50x | as long as short |
| Aster EDGEUSDT | +0.0483% | 4h | 0.5872 | +0.248% | $68K | $136K | 5x | as long as short |
| OKX EDGE-USDT-SWAP | +0.0540% | 4h | 0.5878 | +0.350% | $3.6M | $5.8M | 20x | as long as short |
| edgeX EDGEUSDCshort | +0.0550% | 4h | 0.5875 | +0.292% | $14.0M | $3.4M | 30x | |
| Orderly PERP_EDGE_USDC | +0.0574% | 4h | 0.5871 | +0.230% | $3K | — | 10x | as long as short |
Extended EDGE-USD
MEXC EDGE_USDT
Binance EDGEUSDT
Aster EDGEUSDT
OKX EDGE-USDT-SWAP
Orderly PERP_EDGE_USDC