Spread before costs (cost unknown: a leg has no order-book sample)+0.247%
7d average—if it closes, per $10,000$25funding while held, a day+$13.94
| 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 | 59m 01s | $180K | $111K | — |
| Short | Orderly PERP_EDGE_USDC | 0.6016 | 0.0565 | get 0.0282% / 4h | 59m 01s | $3K | — | 10x |
Variational Omni EDGE
Orderly PERP_EDGE_USDCPrice 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
- $24.75
- Funding while held
- $13.94
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $32.68
- Spread needed to break even
- 0.060%
Slippage unknown: Variational Omni: RFQ quote, 36 min ago; Orderly: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0465%
- Per $10,000 a day
- +$13.94
- 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, 36 min ago | 9.28 bp | doesn't fit | 404.3 bp −$4,043 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
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 price on every exchange
against the cheapest. Click to use as the short leg.Variational Omni0.6001cheapest
Lighter0.6001+0.004%Bybit0.6006+0.081%Backpack0.6008+0.119%KuCoin0.6012+0.181%Bitget0.6014+0.214%edgeX0.6014+0.214%ApeX Omni0.6015+0.231%Extended0.6016+0.245%
Lighter
Bybit
Backpack
KuCoin
Bitget
ApeX Omni
ExtendedOrderly0.6016+0.247%
Aster0.6018+0.289%Binance0.6019+0.297%MEXC0.6019+0.297%OKX0.6020+0.314%BloFin0.6023+0.364%SunX0.6284+4.713%
Aster
Binance
MEXC
OKX
BloFin
SunXEDGE on 16 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni EDGElong | 0.000% | +0.0100% | 4h | $180K | $111K | — | |
| Lighter EDGE | +0.004% | +0.0096% | 1h | $56K | $9K | 3x | as long as short |
| Bybit EDGEUSDT | +0.081% | +0.0100% | 4h | $7.0M | $3.1M | 25x | as long as short |
| Backpack EDGE_USDC_PERP | +0.119% | −0.0756% | 1h | $57K | $113K | 3.3x | as long as short |
| KuCoin EDGEUSDTM | +0.181% | +0.0100% | 4h | $2.1M | $2.2M | 50x | as long as short |
| Bitget EDGEUSDT | +0.214% | +0.0100% | 4h | $4.8M | $942K | 20x | as long as short |
| edgeX EDGEUSDC | +0.214% | +0.0224% | 4h | $14.4M | $3.4M | 30x | as long as short |
| ApeX Omni EDGEUSDT | +0.231% | +0.0100% | 1h | $1K | $289K | 50x | as long as short |
| Extended EDGE-USD | +0.245% | +0.0320% | 1h | $27K | $230K | 5x | as long as short |
| Orderly PERP_EDGE_USDCshort | +0.247% | +0.0565% | 4h | $3K | — | 10x |
Show all 16 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aster EDGEUSDT | +0.289% | +0.0387% | 4h | $69K | $131K | 5x | as long as short |
| Binance EDGEUSDT | +0.297% | +0.0322% | 4h | $10.2M | $9.7M | 50x | as long as short |
| MEXC EDGE_USDT | +0.297% | +0.0320% | 4h | $1.2M | $915K | 50x | as long as short |
| OKX EDGE-USDT-SWAP | +0.314% | +0.0217% | 4h | $3.7M | $5.7M | 20x | as long as short |
| BloFin EDGE-USDT | +0.364% | +0.0322% | 4h | $655K | $128K | 50x | as long as short |
| SunX EDGE-USDT | +4.713% | +0.0100% | 4h | $4K | $575K | 10x | as long as short |