EDGE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0287%/8h= −31.4% APRnext payment −$1.43 per $10,000 · paid last 24h −0.012%

Price spread now: SunX against OKX−0.742%7-day average +0.400% · you buy dearer than you sell

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

Long on OKX Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.054%−$5 on $10k

Price spread, last 3 days (all we have)+0.467%+$47 · spread now −0.742%, 7d avg +0.400%

Together, before fees+0.413%+$41 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and SunX is 1.141% cheaper against OKX than usual: you would sell low and buy high (−$114 if the spread goes back to its 7-day average of +0.400%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.054% in total (about -2.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.43 per $10,000. 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	OKX EDGE-USDT-SWAP	0.5798	0.0387	pay 0.0193% / 4h	1h 59m	$3.5M	$5.7M	20x
Short	SunX EDGE-USDT	0.5755	0.0100	get 0.0050% / 4h	1h 59m	$3K	$604K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against OKX. 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 OKXbpFee SunXbpOrdersPrice spread, now −0.742%Rate

Funding earned: −$60.25
Price spread: −0.742% → +0.400%: −$114.13
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: −$192.38
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: OKX: live order book, 3 min ago; SunX: live order book, 12 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 OKX live order book, 3 min ago	5.16 bp	22.4 bp −$22	131.9 bp −$1,319	doesn't fit	doesn't fit
Sell SunX live order book, 12 min ago	500.64 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

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	−0.0073%	1h	0.5782	−0.269%	$58K	$100K	3.3x	as long as short
Lighter EDGE	+0.0096%	1h	0.5771	−0.469%	$54K	$8K	3x	as long as short
Bybit EDGEUSDT	+0.0100%	4h	0.5779	−0.328%	$6.8M	$3.3M	25x	as long as short
Bitget EDGEUSDT	+0.0100%	4h	0.5789	−0.155%	$4.6M	$991K	20x	as long as short
Variational Omni EDGE	+0.0100%	4h	0.5779	−0.324%	$189K	$130K	—	as long as short
GRVT EDGE_USDT_Perp	+0.0100%	4h	0.5795	−0.055%	$2K	$1.7M	10x	as long as short
ApeX Omni EDGEUSDT	+0.0100%	1h	0.5785	−0.224%	$8K	$295K	50x	as long as short
SunX EDGE-USDTshort	+0.0100%	4h	0.5755	−0.742%	$3K	$604K	10x
KuCoin EDGEUSDTM	+0.0102%	4h	0.5787	−0.190%	$2.0M	$2.3M	50x	as long as short
Aster EDGEUSDT	+0.0332%	4h	0.5791	−0.116%	$66K	$135K	5x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended EDGE-USD	+0.0360%	1h	0.5794	−0.065%	$26K	$230K	5x	as long as short
MEXC EDGE_USDT	+0.0360%	4h	0.5785	−0.224%	$1.1M	$918K	50x	as long as short
Binance EDGEUSDT	+0.0361%	4h	0.5791	−0.122%	$9.8M	$10.0M	50x	as long as short
BloFin EDGE-USDT	+0.0379%	4h	0.5798	0.000%	$631K	$123K	50x	as long as short
OKX EDGE-USDT-SWAPlong	+0.0387%	4h	0.5798	long leg	$3.5M	$5.7M	20x
edgeX EDGEUSDC	+0.0400%	4h	0.5802	+0.075%	$13.9M	$3.4M	30x	as long as short
Orderly PERP_EDGE_USDC	+0.0465%	4h	0.5789	−0.155%	$3K	—	10x	as long as short