Spread before costs (cost unknown: a leg has no order-book sample)−0.427%
7d average—if it closes, per $10,000$43funding while held, a day−$0.12
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni EDGE | 0.6001 | 0.0100 | pay 0.0050% / 4h | 56m 04s | $180K | $111K | — |
| Short | Lighter EDGE | 0.5976 | 0.0096 | get 0.0012% / 1h | 56m 04s | $55K | $9K | 3x |
Variational Omni EDGE
Lighter EDGEPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$42.74
- Funding while held
- −$0.12
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$42.86
- Spread needed to break even
- 0.000%
Slippage unknown: Variational Omni: RFQ quote, 39 min ago; Lighter: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0004%
- Per $10,000 a day
- −$0.12
- Average in range /8h
- —
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, 39 min ago | 9.28 bp | doesn't fit | 404.3 bp −$4,043 | doesn't fit | doesn't fit |
| Sell Lighter no order-book sample | — | — | — | — | — |
Lighter: 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 price on every exchange
against the cheapest. Click to use as the short leg.Lighter0.5976cheapest
Backpack0.5985+0.151%Bybit0.5987+0.192%Extended0.5988+0.214%KuCoin0.5992+0.276%Orderly0.5992+0.276%MEXC0.5994+0.310%Binance0.5994+0.313%Aster0.5995+0.322%OKX0.5998+0.377%Bitget0.5998+0.377%BloFin0.5998+0.377%
Backpack
Bybit
Extended
KuCoin
Orderly
MEXC
Binance
Aster
OKX
Bitget
BloFinVariational Omni0.6001+0.429%
edgeX0.6011+0.598%ApeX Omni0.6018+0.711%SunX0.6271+4.945%
ApeX Omni
SunXEDGE on 16 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Lighter EDGEshort | −0.427% | +0.0096% | 1h | $55K | $9K | 3x | |
| Backpack EDGE_USDC_PERP | −0.277% | −0.1342% | 1h | $57K | $113K | 3.3x | as long as short |
| Bybit EDGEUSDT | −0.236% | +0.0100% | 4h | $7.0M | $3.1M | 25x | as long as short |
| Extended EDGE-USD | −0.214% | +0.0312% | 1h | $27K | $230K | 5x | as long as short |
| KuCoin EDGEUSDTM | −0.152% | +0.0100% | 4h | $2.1M | $2.2M | 50x | as long as short |
| Orderly PERP_EDGE_USDC | −0.152% | +0.0556% | 4h | $3K | — | 10x | as long as short |
| MEXC EDGE_USDT | −0.119% | +0.0314% | 4h | $1.2M | $915K | 50x | as long as short |
| Binance EDGEUSDT | −0.116% | +0.0314% | 4h | $10.2M | $9.7M | 50x | as long as short |
| Aster EDGEUSDT | −0.107% | +0.0368% | 4h | $69K | $131K | 5x | as long as short |
| OKX EDGE-USDT-SWAP | −0.052% | +0.0204% | 4h | $3.7M | $5.7M | 20x | as long as short |
Show all 16 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget EDGEUSDT | −0.052% | +0.0100% | 4h | $4.8M | $944K | 20x | as long as short |
| BloFin EDGE-USDT | −0.052% | +0.0317% | 4h | $657K | $128K | 50x | as long as short |
| Variational Omni EDGElong | 0.000% | +0.0100% | 4h | $180K | $111K | — | |
| edgeX EDGEUSDC | +0.168% | +0.0213% | 4h | $14.4M | $3.4M | 30x | as long as short |
| ApeX Omni EDGEUSDT | +0.281% | +0.0100% | 1h | $1K | $289K | 50x | as long as short |
| SunX EDGE-USDT | +4.497% | +0.0100% | 4h | $4K | $576K | 10x | as long as short |