EDGE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0296%/8h= −32.4% APRnext payment −$1.48 per $10,000 · paid last 24h −0.082%

Price spread now: Bitget against Orderly+0.069%7-day average — · you sell dearer than you buy

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

Long on Orderly Short on Bitget

What this pair did over the last

the charts below follow

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. Bitget is 0.069% dearer against Orderly than usual: you sell high and buy low (spread +0.069% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 19 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_EDGE_USDC	0.5837	0.0396	pay 0.0198% / 4h	2h 28m	$3K	—	10x
Short	Bitget EDGEUSDT	0.5841	0.0100	get 0.0050% / 4h	2h 28m	$4.6M	$988K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Orderly. 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 OrderlybpFee BitgetbpOrdersPrice spread, now +0.069%Rate

Funding earned: −$62.06
Price spread: +0.069% → 0.000%: $6.85
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$73.21
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Orderly: no order-book sample; Bitget: live order book, 4 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 Bitget live order book, 4 min ago	6.84 bp	43.6 bp −$44	234.6 bp −$2,346	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	−0.0512%	1h	0.5837	+0.007%	$59K	$100K	3.3x	as long as short
Lighter EDGE	+0.0096%	1h	0.5825	−0.214%	$54K	$9K	3x	as long as short
Bybit EDGEUSDT	+0.0100%	4h	0.5834	−0.051%	$6.9M	$3.2M	25x	as long as short
KuCoin EDGEUSDTM	+0.0100%	4h	0.5844	+0.120%	$2.1M	$2.3M	50x	as long as short
Bitget EDGEUSDTshort	+0.0100%	4h	0.5841	+0.069%	$4.6M	$988K	20x
Variational Omni EDGE	+0.0100%	4h	0.5827	−0.167%	$190K	$130K	—	as long as short
GRVT EDGE_USDT_Perp	+0.0100%	4h	0.5841	+0.070%	$11K	$1.7M	10x	as long as short
ApeX Omni EDGEUSDT	+0.0100%	1h	0.5843	+0.103%	$6K	$294K	50x	as long as short
SunX EDGE-USDT	+0.0100%	4h	0.5799	−0.651%	$4K	$603K	10x	as long as short
Aster EDGEUSDT	+0.0247%	4h	0.5844	+0.121%	$67K	$134K	5x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin EDGE-USDT	+0.0258%	4h	0.5835	−0.034%	$628K	$125K	50x	as long as short
OKX EDGE-USDT-SWAP	+0.0271%	4h	0.5843	+0.103%	$3.6M	$5.7M	20x	as long as short
Extended EDGE-USD	+0.0272%	1h	0.5838	+0.015%	$26K	$230K	5x	as long as short
MEXC EDGE_USDT	+0.0274%	4h	0.5841	+0.069%	$1.2M	$929K	50x	as long as short
Binance EDGEUSDT	+0.0275%	4h	0.5839	+0.034%	$9.9M	$10.0M	50x	as long as short
edgeX EDGEUSDC	+0.0279%	4h	0.5852	+0.258%	$14.0M	$3.4M	30x	as long as short
Orderly PERP_EDGE_USDClong	+0.0396%	4h	0.5837	long leg	$3K	—	10x