Funding you earn now, next payment 04:00 UTC−0.0476%/8h= −52.2% APRpaid last 24h −0.104%
Price spread now: ApeX Omni against Orderly+0.317%70s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. ApeX Omni is 0.317% dearer against Orderly than usual: you sell high and buy low (spread +0.317% now, against zero (this spread has no 7-day history yet)): +$32 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 2.2 days. The two prices were read 70 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_EDGE_USDC | 0.5998 | 0.0576 | pay 0.0288% / 4h | 20m 24s | $3K | — | 10x |
| Short | ApeX Omni EDGEUSDT | 0.6017 | 0.0100 | get 0.0013% / 1h | 20m 24s | $9K | $304K | 50x |
Orderly PERP_EDGE_USDC
ApeX Omni EDGEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Orderly. 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
- −$100.05
- Price spread: +0.317% → 0.000%
- $31.68
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$84.37
- Costs to cover
- 0.160%
- Break-even
- from the start
Slippage unknown: Orderly: no order-book sample; ApeX Omni: live order book, 37 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 Orderly no order-book sample | — | — | — | — | — |
| Sell ApeX Omni live order book, 37 min ago | 16.09 bp | 183.0 bp −$183 | doesn't fit | doesn't fit | doesn't fit |
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 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 | −0.0093% | 1h | 0.5984 | −0.233% | $58K | $111K | 3.3x | as long as short |
| Lighter EDGE | +0.0096% | 1h | 0.5994 | −0.073% | $44K | $19K | 3x | as long as short |
| Bybit EDGEUSDT | +0.0100% | 4h | 0.5995 | −0.050% | $7.2M | $3.4M | 25x | as long as short |
| KuCoin EDGEUSDTM | +0.0100% | 4h | 0.5988 | −0.167% | $2.1M | $2.2M | 50x | as long as short |
| Bitget EDGEUSDT | +0.0100% | 4h | 0.5987 | −0.183% | $4.8M | $1.1M | 20x | as long as short |
| Variational Omni EDGE | +0.0100% | 4h | 0.5972 | −0.427% | $189K | $136K | — | as long as short |
| GRVT EDGE_USDT_Perp | +0.0100% | 4h | 0.5979 | −0.317% | $2K | $2.3M | 10x | as long as short |
| ApeX Omni EDGEUSDTshort | +0.0100% | 1h | 0.6017 | +0.317% | $9K | $304K | 50x | |
| SunX EDGE-USDT | +0.0100% | 4h | 0.5937 | −1.017% | $3K | $625K | 10x | as long as short |
| OKX EDGE-USDT-SWAP | +0.0411% | 4h | 0.6004 | +0.100% | $3.8M | $5.9M | 20x | as long as short |
Backpack EDGE_USDC_PERP
Lighter EDGE
Bybit EDGEUSDT
KuCoin EDGEUSDTM
Bitget EDGEUSDT
Variational Omni EDGE
GRVT EDGE_USDT_Perp
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-USDT | +0.0414% | 4h | 0.5980 | −0.300% | $659K | $103K | 50x | as long as short |
| edgeX EDGEUSDC | +0.0437% | 4h | 0.5986 | −0.197% | $14.3M | $3.6M | 30x | as long as short |
| Binance EDGEUSDT | +0.0439% | 4h | 0.6003 | +0.083% | $10.3M | $10.5M | 50x | as long as short |
| Extended EDGE-USD | +0.0440% | 1h | 0.5997 | −0.018% | $27K | $193K | 5x | as long as short |
| MEXC EDGE_USDT | +0.0442% | 4h | 0.6005 | +0.117% | $1.1M | $895K | 50x | as long as short |
| Aster EDGEUSDT | +0.0485% | 4h | 0.6000 | +0.031% | $60K | $150K | 5x | as long as short |
| Orderly PERP_EDGE_USDClong | +0.0576% | 4h | 0.5998 | long leg | $3K | — | 10x |
BloFin EDGE-USDT
edgeX EDGEUSDC
Binance EDGEUSDT
Extended EDGE-USD
MEXC EDGE_USDT
Aster EDGEUSDT