Spread before costs (cost unknown: a leg has no order-book sample)+0.320%
7d average—if it closes, per $10,000$32funding while held, a day+$15.18
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter EDGE | 0.5965 | 0.0096 | pay 0.0012% / 1h | 15m 09s | $55K | $9K | 3x |
| Short | Orderly PERP_EDGE_USDC | 0.5984 | 0.0602 | get 0.0301% / 4h | 1h 15m | $3K | — | 10x |
Lighter EDGE
Orderly PERP_EDGE_USDCPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $32.02
- Funding while held
- $15.18
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $41.2
- Spread needed to break even
- 0.060%
Slippage unknown: Lighter: no order-book sample; Orderly: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0506%
- Per $10,000 a day
- +$15.18
- Average in range /8h
- —
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 Orderly no order-book sample | — | — | — | — | — |
Lighter and Orderly: 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 price on every exchange
against the cheapest. Click to use as the short leg.SunX0.5931cheapest
SunXLighter0.5965+0.572%
Backpack0.5973+0.715%Variational Omni0.5976+0.762%Bybit0.5977+0.776%KuCoin0.5978+0.792%Aster0.5979+0.809%Bitget0.5979+0.809%Binance0.5980+0.826%Extended0.5982+0.866%MEXC0.5983+0.877%
Backpack
Variational Omni
Bybit
KuCoin
Aster
Bitget
Binance
Extended
MEXCOrderly0.5984+0.894%
OKX0.5987+0.944%BloFin0.5987+0.944%edgeX0.5994+1.058%ApeX Omni0.5994+1.062%
OKX
BloFin
ApeX OmniEDGE on 16 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SunX EDGE-USDT | −0.568% | +0.0100% | 4h | $4K | $574K | 10x | as long as short |
| Lighter EDGElong | 0.000% | +0.0096% | 1h | $55K | $9K | 3x | |
| Backpack EDGE_USDC_PERP | +0.143% | −0.1352% | 1h | $60K | $111K | 3.3x | as long as short |
| Variational Omni EDGE | +0.190% | +0.0100% | 4h | $179K | $111K | — | as long as short |
| Bybit EDGEUSDT | +0.203% | +0.0100% | 4h | $7.0M | $3.1M | 25x | as long as short |
| KuCoin EDGEUSDTM | +0.220% | +0.0100% | 4h | $2.1M | $2.2M | 50x | as long as short |
| Aster EDGEUSDT | +0.236% | +0.0385% | 4h | $68K | $135K | 5x | as long as short |
| Bitget EDGEUSDT | +0.236% | +0.0100% | 4h | $4.8M | $936K | 20x | as long as short |
| Binance EDGEUSDT | +0.253% | +0.0311% | 4h | $10.1M | $9.7M | 50x | as long as short |
| Extended EDGE-USD | +0.293% | +0.0312% | 1h | $27K | $230K | 5x | as long as short |
Show all 16 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| MEXC EDGE_USDT | +0.303% | +0.0320% | 4h | $1.2M | $926K | 50x | as long as short |
| Orderly PERP_EDGE_USDCshort | +0.320% | +0.0602% | 4h | $3K | — | 10x | |
| OKX EDGE-USDT-SWAP | +0.371% | +0.0108% | 4h | $3.7M | $5.7M | 20x | as long as short |
| BloFin EDGE-USDT | +0.371% | +0.0266% | 4h | $649K | $125K | 50x | as long as short |
| edgeX EDGEUSDC | +0.483% | +0.0118% | 4h | $14.3M | $3.4M | 30x | as long as short |
| ApeX Omni EDGEUSDT | +0.488% | +0.0100% | 1h | $1K | $289K | 50x | as long as short |