EDGE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0350%/8h= +38.3% APRnext payment +$1.75 per $10,000 · paid last 24h +0.095%

Price spread now: Binance against Variational Omni−0.014%7-day average +0.071% · you buy dearer than you sell

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

Long on Variational Omni Short on Binance

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.152%+$15 on $10k

Price spread, last 4 days (all we have)−0.089%−$9 · spread now −0.014%, 7d avg +0.071%

Together, before fees+0.064%+ Points / potential airdropVariational Omni: Active · farm board+$6 on $10k · with fees, hour by hour

Funding pays, the price is against you. Binance is 0.085% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.014% now, against its 7-day average of +0.071%). If the spread goes back, that is −$8 on $10k: about 19 hours of funding at the current rate (+$10 a day). At the pace of the last 4 days (+0.152% in total) that is about 2.0 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni EDGE	0.6047	0.0100	pay 0.0050% / 4h	40m 59s	$191K	$144K	—
Short	Binance EDGEUSDT	0.6046	0.0450	get 0.0225% / 4h	40m 59s	$10.5M	$10.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Variational Omni. 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 Variational OmnibpFee BinancebpOrdersPrice spread, now −0.014%Rate

Funding earned: $73.43
Price spread: −0.014% → +0.071%: −$8.45
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Binance: 5 bp × 2 orders: −$10
Net: $54.98
Costs to cover: 0.100%
Break-even: 1.8 days

Slippage unknown: Variational Omni: RFQ quote, 63 min ago; Binance: live order book, 14 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 Variational Omni RFQ quote, 63 min ago	8.33 bp	doesn't fit	473.0 bp −$4,730	doesn't fit	doesn't fit
Sell Binance live order book, 14 min ago	2.48 bp	31.9 bp −$32	165.6 bp −$1,656	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	0.6039	−0.121%	$44K	$22K	3x	as long as short
Bybit EDGEUSDT	+0.0100%	4h	0.6040	−0.113%	$7.3M	$3.3M	25x	as long as short
KuCoin EDGEUSDTM	+0.0100%	4h	0.6054	+0.119%	$2.2M	$2.2M	50x	as long as short
Bitget EDGEUSDT	+0.0100%	4h	0.6048	+0.020%	$4.8M	$1.1M	20x	as long as short
Backpack EDGE_USDC_PERP	+0.0100%	1h	0.6051	+0.074%	$58K	$123K	3.3x	as long as short
Variational Omni EDGElong	+0.0100%	4h	0.6047	long leg	$191K	$144K	—
GRVT EDGE_USDT_Perp	+0.0100%	4h	0.6053	+0.100%	$9K	$3.1M	10x	as long as short
ApeX Omni EDGEUSDT	+0.0100%	1h	0.6056	+0.152%	$9K	$295K	50x	as long as short
SunX EDGE-USDT	+0.0100%	4h	0.6012	−0.576%	$3K	$645K	10x	as long as short
Aster EDGEUSDT	+0.0274%	4h	0.6052	+0.078%	$53K	$153K	5x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX EDGEUSDC	+0.0365%	4h	0.6060	+0.226%	$14.5M	$3.7M	30x	as long as short
OKX EDGE-USDT-SWAP	+0.0368%	4h	0.6046	−0.014%	$3.8M	$6.1M	20x	as long as short
Extended EDGE-USD	+0.0448%	1h	0.6057	+0.174%	$32K	$269K	5x	as long as short
MEXC EDGE_USDT	+0.0448%	4h	0.6054	+0.119%	$1.1M	$759K	50x	as long as short
Binance EDGEUSDTshort	+0.0450%	4h	0.6046	−0.014%	$10.5M	$10.9M	50x
BloFin EDGE-USDT	+0.0461%	4h	0.6052	+0.086%	$676K	$107K	50x	as long as short
Orderly PERP_EDGE_USDC	+0.0631%	4h	0.6054	+0.119%	$3K	$1K	10x	as long as short