EDGE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0450%/8h= +49.2% APRnext payment +$2.25 per $10,000 · paid last 24h +0.012%

Price spread now: OKX against SunX+0.892%7-day average −0.385% · you sell dearer than you buy

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

Long on SunX Short on OKX

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)−2.168%−$217 · spread now +0.892%, 7d avg −0.385%

Together, before fees−2.114%−$211 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and OKX is 1.278% dearer against SunX than usual: you sell high and buy low: +$128 more if the spread goes back to its 7-day average of −0.385%.

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 +$2.25 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	SunX EDGE-USDT	0.5827	0.0100	pay 0.0050% / 4h	1h 18m	$4K	$609K	10x
Short	OKX EDGE-USDT-SWAP	0.5879	0.0550	get 0.0275% / 4h	1h 18m	$3.6M	$5.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against SunX. 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 SunXbpFee OKXbpOrdersPrice spread, now +0.892%Rate

Funding earned: $94.4
Price spread: +0.892% → −0.385%: $127.75
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee OKX: 5 bp × 2 orders: −$10
Net: $204.15
Costs to cover: 0.180%
Break-even: from the start

Slippage unknown: SunX: live order book, 53 min ago; OKX: live order book, 5 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, 53 min ago	500.64 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 5 min ago	1.70 bp	28.3 bp −$28	148.4 bp −$1,484	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
Lighter EDGE	+0.0096%	1h	0.5856	+0.496%	$54K	$8K	3x	as long as short
Bybit EDGEUSDT	+0.0100%	4h	0.5863	+0.618%	$6.9M	$3.4M	25x	as long as short
Bitget EDGEUSDT	+0.0100%	4h	0.5862	+0.601%	$4.7M	$1.0M	20x	as long as short
Backpack EDGE_USDC_PERP	+0.0100%	1h	0.5872	+0.771%	$60K	$100K	3.3x	as long as short
Variational Omni EDGE	+0.0100%	4h	0.5859	+0.554%	$191K	$130K	—	as long as short
GRVT EDGE_USDT_Perp	+0.0100%	4h	0.5868	+0.700%	$12K	$1.8M	10x	as long as short
ApeX Omni EDGEUSDT	+0.0100%	1h	0.5877	+0.858%	$8K	$295K	50x	as long as short
SunX EDGE-USDTlong	+0.0100%	4h	0.5827	long leg	$4K	$609K	10x
KuCoin EDGEUSDTM	+0.0162%	4h	0.5868	+0.704%	$2.1M	$2.3M	50x	as long as short
BloFin EDGE-USDT	+0.0423%	4h	0.5872	+0.772%	$632K	$125K	50x	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	+0.0464%	1h	0.5869	+0.727%	$27K	$230K	5x	as long as short
MEXC EDGE_USDT	+0.0466%	4h	0.5873	+0.789%	$1.2M	$921K	50x	as long as short
Binance EDGEUSDT	+0.0467%	4h	0.5872	+0.772%	$10.0M	$10.1M	50x	as long as short
Aster EDGEUSDT	+0.0478%	4h	0.5872	+0.772%	$68K	$136K	5x	as long as short
edgeX EDGEUSDC	+0.0531%	4h	0.5869	+0.725%	$14.0M	$3.4M	30x	as long as short
OKX EDGE-USDT-SWAPshort	+0.0550%	4h	0.5879	+0.892%	$3.6M	$5.8M	20x
Orderly PERP_EDGE_USDC	+0.0562%	4h	0.5872	+0.772%	$3K	—	10x	as long as short