Funding you earn now, next payment 12:00 UTC−0.0682%/8h= −74.7% APRnext payment −$3.41 per $10,000 · paid last 24h −0.134%
Price spread now: MEXC against edgeX−1.627%113s7-day average −0.172% · you buy dearer than you sell
Net, funding: paid 7d − costs−$371as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$3333.326% of the position
Funding, last 7 days−0.383%−$38 on $10k
+Price spread, last 4 days (all we have)+0.861%+$86 · spread now −1.627%, 7d avg −0.172%
=Together, before fees+0.478%+ Points / potential airdropedgeX: Active · farm board+$48 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$20 a day on $10k at the current rate, and MEXC is 1.455% cheaper against edgeX than usual: you would sell low and buy high (−$146 if the spread goes back to its 7-day average of −0.172%). Swap the legs. The two prices were read 113 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.383% in total (about -20.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.41 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 | edgeX CASHCATUSDC | 0.1724 | 0.1124 | pay 0.0562% / 4h | 2h 55m | $52K | $167K | 5x |
| Short | MEXC CASHCAT_USDT | 0.1696 | 0.0442 | get 0.0221% / 4h | 2h 55m | $8.8M | $546K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against edgeX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$143.27
- Price spread: −1.627% → −0.172%
- −$145.52
- Slippage, 4 orders
- −$303.59
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee MEXC: 10 bp × 2 orders
- −$20
- Net
- −$621.38
- Costs to cover
- 3.326%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 36 min ago; MEXC: live order book, 2 min ago.
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 edgeX live order book, 36 min ago | 8.34 bp | 146.9 bp −$147 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 4.09 bp | 19.6 bp −$20 | 300.1 bp −$3,001 | doesn't fit | doesn't fit |
CASHCAT on 22 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid CASHCAT | +0.0100% | 1h | 0.1703 | −1.244% | $47.0M | $20.3M | 3x | as long as short |
| Gate CASHCAT_USDT | +0.0100% | 4h | 0.1705 | −1.146% | $1.6M | $1.8M | 20x | as long as short |
| KuCoin CASHCATUSDTM | +0.0100% | 4h | 0.1699 | −1.470% | $619K | $2.4M | 10x | as long as short |
| Variational Omni CASHCAT | +0.0100% | 4h | 0.1707 | −0.988% | $1.1M | $1.8M | — | as long as short |
| ApeX Omni CASHCATUSDT | +0.0100% | 1h | 0.1733 | +0.472% | $84K | $64K | 50x | as long as short |
| Polymarket Perps CASHCAT-USD | +0.0100% | 1h | 0.1714 | −0.589% | $67K | $1.3M | 3x | as long as short |
| SunX CASHCAT-USDT | +0.0100% | 1h | 0.1708 | −0.934% | — | $2.1M | 10x | as long as short |
| HTX CASHCAT-USDT | +0.0100% | 1h | 0.1712 | −0.731% | $20K | $227K | 10x | as long as short |
| Lighter RH CASHCAT | +0.0128% | 1h | 0.1703 | −1.256% | $354K | $881K | 3x | as long as short |
| SoDEX CASHCAT-USD | +0.0164% | 1h | 0.1707 | −1.012% | $512 | $1K | 3x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter CASHCAT | +0.0184% | 1h | 0.1704 | −1.186% | $1.2M | $1.6M | 3x | as long as short |
| MEXC CASHCAT_USDTshort | +0.0442% | 4h | 0.1696 | −1.627% | $8.8M | $546K | 20x | |
| Bybit CASHCATUSDT | +0.0444% | 4h | 0.1698 | −1.552% | $12.9M | $19.1M | 10x | as long as short |
| Extended CASHCAT-USD | +0.0480% | 1h | 0.1707 | −1.016% | $246K | $864K | 5x | as long as short |
| OKX CASHCAT-USDT-SWAP | +0.0518% | 4h | 0.1699 | −1.476% | $1.4M | $12.7M | 20x | as long as short |
| BingX CASHCAT-USDT | +0.0662% | 4h | 0.1699 | −1.476% | — | $1.1M | — | as long as short |
| BloFin CASHCAT-USDT | +0.0763% | 4h | 0.1713 | −0.664% | $52K | $607K | 20x | as long as short |
| edgeX CASHCATUSDClong | +0.1124% | 4h | 0.1724 | long leg | $52K | $167K | 5x | |
| Nado CASHCAT-PERP | +0.1500% | 1h | 0.1706 | −1.044% | $254K | $205K | 5x | as long as short |
| Aster CASHCATUSDT | +0.3982% | 1h | 0.1702 | −1.307% | $564K | $1.0M | 10x | as long as short |
| Arcus CASHCAT-USD | +0.4530% | 1h | 0.1709 | −0.922% | $106K | $309K | 5x | as long as short |
| Injective CASHCAT/USDC PERP | +0.5000% | 1h | 0.1735 | +0.611% | $8K | $18K | 5.5x | as long as short |
edgeX CASHCATUSDC
MEXC CASHCAT_USDT
Hyperliquid CASHCAT
Gate CASHCAT_USDT
KuCoin CASHCATUSDTM
Variational Omni CASHCAT
ApeX Omni CASHCATUSDT
Polymarket Perps CASHCAT-USD
SunX CASHCAT-USDT
HTX CASHCAT-USDT
Lighter RH CASHCAT
SoDEX CASHCAT-USD
Lighter CASHCAT
Bybit CASHCATUSDT
Extended CASHCAT-USD
OKX CASHCAT-USDT-SWAP
BingX CASHCAT-USDT
BloFin CASHCAT-USDT
Aster CASHCATUSDT
Injective CASHCAT/USDC PERP