EDGE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0217%/8h= +23.8% APRnext payment +$1.09 per $10,000 · paid last 24h +0.055%

Price spread now: Binance against SunX−4.001%7-day average −0.414% · you buy dearer than you sell

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

Long on SunX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.219%+$22 on $10k

Price spread, last 3 days (all we have)+4.242%+$424 · spread now −4.001%, 7d avg −0.414%

Together, before fees+4.461%+$446 on $10k · with fees, hour by hour

Funding pays, the price is against you. Binance is 3.587% cheaper against SunX than usual: you would sell low and buy high (spread −4.001% now, against its 7-day average of −0.414%). If the spread goes back, that is −$359 on $10k: about 55 days of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.219% in total) that is about 4 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX EDGE-USDT	0.6124	0.0100	pay 0.0050% / 4h	2h 23m	$4K	$603K	10x
Short	Binance EDGEUSDT	0.5879	0.0317	get 0.0159% / 4h	2h 23m	$10.0M	$10.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against SunX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 SunXbpFee BinancebpOrdersPrice spread, now −4.001%Rate

Funding earned: $45.6
Price spread: −4.001% → −0.414%: −$358.67
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: −$331.07
Costs to cover: 0.180%
Break-even: 57.8 days

Slippage unknown: SunX: live order book, 58 min ago; Binance: live order book, 2 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 SunX live order book, 58 min ago	501.45 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 2 min ago	1.70 bp	45.0 bp −$45	218.1 bp −$2,181	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	−0.0321%	1h	0.5877	−4.035%	$59K	$100K	3.3x	as long as short
Lighter EDGE	+0.0096%	1h	0.5861	−4.290%	$54K	$9K	3x	as long as short
Bybit EDGEUSDT	+0.0100%	4h	0.5868	−4.180%	$7.0M	$3.2M	25x	as long as short
KuCoin EDGEUSDTM	+0.0100%	4h	0.5874	−4.082%	$2.1M	$2.3M	50x	as long as short
Bitget EDGEUSDT	+0.0100%	4h	0.5876	−4.050%	$4.7M	$989K	20x	as long as short
Variational Omni EDGE	+0.0100%	4h	0.5859	−4.331%	$190K	$130K	—	as long as short
GRVT EDGE_USDT_Perp	+0.0100%	4h	0.5846	−4.539%	$2K	$1.7M	10x	as long as short
ApeX Omni EDGEUSDT	+0.0100%	1h	0.5852	−4.442%	$6K	$294K	50x	as long as short
SunX EDGE-USDTlong	+0.0100%	4h	0.6124	long leg	$4K	$603K	10x
edgeX EDGEUSDC	+0.0269%	4h	0.5840	−4.637%	$14.0M	$3.4M	30x	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	+0.0313%	4h	0.5872	−4.115%	$634K	$126K	50x	as long as short
MEXC EDGE_USDT	+0.0316%	4h	0.5880	−3.984%	$1.2M	$929K	50x	as long as short
Binance EDGEUSDTshort	+0.0317%	4h	0.5879	−4.001%	$10.0M	$10.0M	50x
Aster EDGEUSDT	+0.0319%	4h	0.5860	−4.316%	$67K	$134K	5x	as long as short
Extended EDGE-USD	+0.0320%	1h	0.5877	−4.037%	$27K	$230K	5x	as long as short
OKX EDGE-USDT-SWAP	+0.0342%	4h	0.5882	−3.952%	$3.6M	$5.7M	20x	as long as short
Orderly PERP_EDGE_USDC	+0.0423%	4h	0.5877	−4.033%	$3K	—	10x	as long as short